Volkswagen aims to reduce costs by around €60 billion with a new cost-cutting program, significantly more than previously anticipated. Business magazine Manager Magazin reports this, citing...
When a luxury manufacturer starts offering discounts of 40 percent, it’s clear that something serious is going on. That’s exactly what Maserati is currently doing with...
Stellantis announced on Friday that it expects a loss of around 22 billion euros as a result of a reorganization of its business to accelerate the...
India plans to reduce tariffs on cars imported from the European Union (EU) to 40 percent from the current level of up to 110 percent, sources...
China announced that it has reached an agreement with the European Union to export electric vehicles made in China to the EU market. China’s Ministry of...
Mercedes-Benz is starting the New Year on American soil, introducing the electric GLC for the market there and aggressively integrating audio-video and AI technologies into production...
Ford is currently focusing primarily on Volkswagen and Renault technology for its European electric models. Its own new EV platform is not yet on the cards...
Toyotas are shipped from Japan to the rest of the world, but sometimes it’s the other way around. Toyota now wants to export three American-built models...
Volkswagen will close a production facility in Germany on Tuesday for the first time in its 88-year history. The automaker reached an agreement with the works...
At a press conference in the White House, Donald Trump surprised the public by mentioning the possible arrival of a specific type of vehicle, which the...
The tense crisis between China and the Netherlands over control of a key chipmaker has entered a phase of easing tensions, after Amsterdam suspended a controversial...
Hyundai and Kia are facing sales declines of 52 to as much as 71 percent for electric models in the United States. The decline is truly...
Nissan announced today that it is selling the company’s headquarters in Yokohama for around 540 million euros, but that it will lease it later. The Japanese...
Audi’s profit more than doubled in the third quarter, largely thanks to a very weak performance in the same period last year, according to the manufacturer’s...
After months of intense negotiations marked by high-stakes discussions and strategic diplomacy, the United States and South Korea reached a significant milestone on Wednesday by finalizing...
Stellantis reported a net income of 37.2 billion euros in the third quarter, a 13 percent increase from the same period in 2024. This growth was...
Volkswagen has temporarily halted production of its ID electric van. Buzz at the Hanover factory, after demand for this retro-inspired model has weakened significantly. The production...
Volkswagen Group said it slightly increased sales in the first nine months of this year, as challenging conditions in China and the US outweighed higher shipments...
Nissan Motor has announced that it no longer plans to build two new electric vehicles (EVs) at its plant in Canton, Mississippi, starting in late 2028...
The European Union wants to save Europe’s car industry with autonomous cars with artificial intelligence to be allowed in many cities in a huge new investment....
Shares in Aston Martin dropped by as much as 10% on Monday after the British luxury carmaker issued a new profit warning, pointing to difficulties in...
After 16 years and over 1.5 million units sold, the Kia Soul will disappear from the market when production ends later this month. As Carscoops recalls,...
Porsche is temporarily abandoning car production in the United States. Despite increased export costs due to US import tariffs, the German sports car manufacturer is very...
The National Highway Traffic Safety Administration (NHTSA) is investigating more than 1.4 million Honda vehicles sold in the United States (US) over concerns that connecting rod...
Investors have been following trade (dis)agreements between the US and major trading partners for the past week. They were particularly concerned about the 50% tariffs that...
Lotus doesn’t exactly seem to be going through a stable phase at the moment. There’s trouble surrounding its production sites, and now the European boss is...
Ferrari confidently reported a profit increase in the second quarter, setting itself apart from many other car manufacturers. The Italian sports car maker benefited from strong...
Cupra has confirmed that the launch of this brand on the American market, which was planned for the next five years, has been postponed. Citing “continued...
Mercedes-Benz has again lowered its outlook for this year. According to the German carmaker, this is due to import tariffs imposed by US President Donald Trump...
German car manufacturer Audi, part of the Volkswagen Group, achieved a net profit of 1.3 billion euros in the first half of the year, which is...