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Today: July 29, 2026
Today: July 29, 2026

Automotive Industry

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US safety agency ends power steering probe into 376,000 Tesla EVs

U.S. safety regulators said on Saturday they had closed their probe into Tesla vehicles over power steering loss, in view of a company recall which was carried out last year.

US safety agency ends power steering probe into 376,000 Tesla EVs
Business|Economy|World

Volkswagen Law: the unique structure behind Europe's biggest carmaker

Volkswagen's plans to close plants in Germany and nearly double planned job cuts to around 100,000 have put the spotlight on

Volkswagen Law: the unique structure behind Europe's biggest carmaker
Business|Economy|Finance|Stock Markets|Technology|US|World

Polestar says the Commerce Department is banning US sales of its cars

Polestar says the Commerce Department is banning US sales of its cars

Polestar says the Commerce Department is banning US sales of its cars
Business|Economy|Technology

US automotive quality increased industrywide last year, with Ford taking top honors

The automotive industry’s increasingly complex vehicles improved in overall quality during the past year, with Ford Motor taking the top initial quality

US automotive quality increased industrywide last year, with Ford taking top honors
Business|Economy|Europe|Finance|Stock Markets|Technology

Volkswagen's Everllence valued well above €9 billion in bidding race, source says

All three bids for Volkswagen's engine maker Everllence valued the unit "clearly above" €9 billion ($10.21 billion), a

Volkswagen's Everllence valued well above €9 billion in bidding race, source says
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Porsche CEO sticks to targets as he navigates road to recovery

Porsche faces fundamental challenges in crucial markets and a long road back to recovery, but the German sports car maker is sticking by this year's

Porsche CEO sticks to targets as he navigates road to recovery
Business|Economy|Europe|Finance

BMW prepares for talks with staff in wake of profit warning

BMW and staff representatives are preparing for talks after the German premium carmaker issued a profit warning this week and said it would accelerate

BMW prepares for talks with staff in wake of profit warning
Business|Economy|Finance|Stock Markets

CarMax shares fall after CEO flags high costs, operational shortcomings

CarMax shares fell more than 7.5% on Wednesday as CEO Keith Barr flagged elevated costs and operational shortcomings, after the used-car retailer posted a dip in

CarMax shares fall after CEO flags high costs, operational shortcomings
Business|Economy|Technology|World

JLR's profit recovery plan disappoints investors despite US growth push

Jaguar Land Rover will prioritise growth in the U.S. as it seeks to counter weakness in its traditional stronghold of China, but will deliver only a 4%

JLR's profit recovery plan disappoints investors despite US growth push
Business|Economy|Environment|Health|Technology

Ford to recall more than 255,400 US vehicles over engine issue

Ford is recalling 255,404 vehicles in the U.S. over an issue with the canister purge valve, which may malfunction, causing the engine to stall unexpectedly while driving, the U.S.

Ford to recall more than 255,400 US vehicles over engine issue
Business|Economy|Environment|Europe|World

Volkswagen to reduce workforce by 19,000 by end of year, CEO says

Volkswagen is pressing ahead with sweeping job cuts and cost reductions in Germany as planned, shrinking its workforce by 19,000 by the end of the year, CEO Oliver Blume is

Volkswagen to reduce workforce by 19,000 by end of year, CEO says
Business|Economy|Technology|World

China's Changchun unveils auto revamp plan, seeks BYD and Xiaomi to boost EV push

China's northeastern city of Changchun, home to the country's oldest automaker FAW Group, has released a draft plan through 2030 to revamp its decades-old auto sector,

China's Changchun unveils auto revamp plan, seeks BYD and Xiaomi to boost EV push
Business|Economy|Europe|Technology

BYD looking to take over existing factory for second European EV plant, executive says

Chinese electric vehicle maker BYD is looking to take over an existing factory in southern Europe for its second assembly plant on the continent, with

BYD looking to take over existing factory for second European EV plant, executive says
Business|Technology|World

Porsche won't produce fully electric 911, dpa cites CEO as saying

Porsche will not produce a fully electric version of the 911 sports car, Porsche CEO Michael Leiters said at an event hosted by the magazine "Auto, Motor und Sport", news

Porsche won't produce fully electric 911, dpa cites CEO as saying
Business|Economy|Technology|World

How Honda’s old guard tried, and failed, to oust its CEO

Late last year, a handful of retired Honda Motor executives started meeting privately to discuss the Japanese

How Honda’s old guard tried, and failed, to oust its CEO
Business|Economy|Environment|Europe|Technology

Fiat to start sales of Grizzly SUV and Grizzly Fastback in second half of the year

Fiat will start sales of its Grizzly mid-sized SUV and Grizzly Fastback model in the second half of this year in Europe, the Middle East and Africa, with plans to expand to

Fiat to start sales of Grizzly SUV and Grizzly Fastback in second half of the year
Business|Economy|Technology|World

Tesla extends Chinese-made EV growth as sales surge in May

Tesla's Chinese-made electric vehicle sales jumped 39.4% from a year earlier in May, marking a seventh consecutive month of growth as it held its ground against Chinese

Tesla extends Chinese-made EV growth as sales surge in May
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‘It’s insulting’: Ferrari fans have given their verdict on its first electric car, and it’s not good

‘It’s insulting’: Ferrari fans have given their verdict on its first electric car, and it’s not good

‘It’s insulting’: Ferrari fans have given their verdict on its first electric car, and it’s not good
Business|Europe|Sports|Technology

The long road to Ferrari's first electric car

Ferrari, renowned for its roaring V8 and V12 engines, is unveiling its first fully electric model, the Luce. 

The long road to Ferrari's first electric car
Business|Technology|World

Nissan unit scraps plan to make EV powertrains in UK, Nikkei says

Nissan Motor subsidiary JATCO has scrapped its plan to make electric vehicle (EV) powertrains in Sunderland, Britain, in light of sluggish demand for Nissan's EVs in Europe,

Nissan unit scraps plan to make EV powertrains in UK, Nikkei says
Business|Economy|Technology|World

Stellantis, JLR to explore jointly developing vehicles in US

Stellantis and Britain's Jaguar Land Rover will consider jointly developing vehicles in the U.S., the French-Italian automaker said on Wednesday.

Stellantis, JLR to explore jointly developing vehicles in US
Asia|Business|Economy|Environment|Finance|Stock Markets|Technology|US|World

China's Chery hopes to enter US market at 'suitable' time

China's largest car exporter, Chery, is considering entering the U.S. market at a suitable time, an executive overseeing its international business said on Wednesday,

China's Chery hopes to enter US market at 'suitable' time
Business|Economy|Europe|Finance|World

Volkswagen controlling families demand overhaul after dent to profit

Volkswagen's controlling family shareholders piled pressure on the automaker to overhaul its business model on Wednesday after the German company's ongoing

Volkswagen controlling families demand overhaul after dent to profit
Asia|Business|Economy|Technology

Tesla's China-made EV sales jump 36% in April, extending rebound

Tesla's China-made EV sales jumped 36% on the year in April, a sixth month of gains, as the U.S. automaker fights to hold ground against a wave of cheaper Chinese rivals.

Tesla's China-made EV sales jump 36% in April, extending rebound
Business|Economy|Finance|Stock Markets|Technology|US|World

Tesla to recall nearly 219,000 US vehicles on rearview image issue

Tesla is recalling 218,868 vehicles in the U.S. due to delayed rearview camera images that could increase the risk of a crash, the National Highway Traffic Safety Administration (

Tesla to recall nearly 219,000 US vehicles on rearview image issue
Business|Economy|Finance|World

Carmakers bank on $2.3 billion in future tariff refunds, risking Trump's ire

Some automakers this week got a first-quarter profit boost – at least on paper - from future refunds of tariff payments

Carmakers bank on $2.3 billion in future tariff refunds, risking Trump's ire
Business|Europe|Technology|World

Stellantis CEO says Leapmotor venture a model for future China partnerships

Stellantis has a mutually rewarding partnership with China's Leapmotor which can be a model for future cooperation with other Chinese automakers, CEO Antonio Filosa said on

Stellantis CEO says Leapmotor venture a model for future China partnerships
Business|Economy|Europe|Finance|Stock Markets|World

Under pressure to cut back, Volkswagen weighs Chinese models for Europe

Volkswagen could begin building its China-specific models in Europe for sale to local markets, or share plants on the continent with Chinese partners, CEO

Under pressure to cut back, Volkswagen weighs Chinese models for Europe
Business|Economy|Finance|Stock Markets

Ford raises profit outlook for 2026 despite nagging aluminum supply costs

Ford Motor lifted its annual guidance on Wednesday by $500 million, aided by significant tariff refunds, but said it still faces rising materials costs as

Ford raises profit outlook for 2026 despite nagging aluminum supply costs
Business|Technology|World

China's Hongqi, once favoured by Mao, eyes Stellantis Spain plant for European expansion

Chinese luxury automaker Hongqi, famed as Mao Zedong's preferred car brand, is in talks with Stellantis to build vehicles at

China's Hongqi, once favoured by Mao, eyes Stellantis Spain plant for European expansion
Business|Economy|Finance|Stock Markets|Technology

Mobileye lifts annual revenue forecast as auto industry demand recovers

Mobileye Global raised its annual revenue forecast on Thursday, buoyed by robust demand for its advanced driver-assistance systems as automakers placed more orders after working

Mobileye lifts annual revenue forecast as auto industry demand recovers
Business|Europe|Technology

Tesla to create 1,000 new jobs in Germany, responding to Model Y demand

Tesla will create 1,000 new jobs at its German gigafactory by the end of June in order to increase weekly production by about 20% from the third quarter, a spokesperson

Tesla to create 1,000 new jobs in Germany, responding to Model Y demand
Business|Economy|Environment|Finance|Stock Markets|Technology|US

Tesla profits rose in the first quarter as Musk teases debut of new Roadster

Tesla's profit rose in the first quarter as its car sales rebounded from a sharp slump in 2025

Tesla profits rose in the first quarter as Musk teases debut of new Roadster
Business|Economy|Environment|Technology

Tesla California registrations slide as incentives fade, industry body says

Tesla vehicle registrations in California dropped 24.3% in the first quarter, marking the steepest decline in the state, according to a report released on Tuesday by the

Tesla California registrations slide as incentives fade, industry body says
Business|Economy|World

US trade rep tells Mexican companies Trump tariffs here to stay, sources say

U.S.

US trade rep tells Mexican companies Trump tariffs here to stay, sources say
Business|Economy|Technology|World

EV maker Polestar's fourth-quarter revenue jumps, loss narrows

Sweden's Polestar on Friday reported a sharp jump in fourth-quarter revenue and a smaller loss, as the electric vehicle maker ramped up production and cut costs to cater to

EV maker Polestar's fourth-quarter revenue jumps, loss narrows
Business|Economy|Environment|Technology

GM idles Detroit EV plant, temporarily laying off 1,300 workers

General Motors is idling a Detroit electric vehicle plant until April 13, extending downtime that began on March 16, the company said

GM idles Detroit EV plant, temporarily laying off 1,300 workers
Business|Economy|Environment|Finance|Technology

Tesla deliveries mark weakest quarter in a year, inventory swells

Tesla kicked off 2026 with its weakest quarterly deliveries in a year, missing Wall Street expectations as fading U.S. incentives and intensifying global

Tesla deliveries mark weakest quarter in a year, inventory swells
Business|Economy|Health|Technology|World

Hyundai resuming new Palisade SUV sales after finalizing fix

Hyundai Motor said on Tuesday it is lifting a halt on sales of recalled 2026 Palisade SUVs after finalizing a fix for a power seat issue that

Hyundai resuming new Palisade SUV sales after finalizing fix
Business|Economy|Environment|Finance|Stock Markets|Technology

Tesla's lower-cost EV plan seen boosting volume, risking margins

Tesla investors said the company's plan to develop a smaller, lower-cost EV, which was reported exclusively by Reuters, might boost volumes and address slowing

Tesla's lower-cost EV plan seen boosting volume, risking margins
Business|Economy|Environment|Europe|World

Volkswagen's first-quarter deliveries drop 4% on weak China, US

Volkswagen reported a 4% fall in global deliveries in the first three months of 2026, as weak demand in China and the U.S. weighed on the German automaker.

Volkswagen's first-quarter deliveries drop 4% on weak China, US
Business|Economy|Finance|Technology|World

Nissan to trim global car lineup, boost use of AI driving tech

Nissan Motor plans to streamline its global automobile lineup by shedding low-performing models and deploy artificial intelligence driving technology

Nissan to trim global car lineup, boost use of AI driving tech
Business|Economy|Finance|Stock Markets|Technology

Lucid taps former Schindler chief as CEO, raises $1 billion to shore up liquidity

Lucid on Tuesday named former Schindler top boss Silvio Napoli as its next CEO and said it is raising more than $1 billion as the electric vehicle maker shores up liquidity during

Lucid taps former Schindler chief as CEO, raises $1 billion to shore up liquidity
Business|Economy|Finance|Stock Markets|Technology|US

Tesla scraps Model S and Model X to build robots

Tesla scraps Model S and Model X to build robots

Tesla scraps Model S and Model X to build robots
Business|Europe|Sports|Technology|World

F1's secretive 'Barcelona Shakedown' test kicks off with new cars and no fans

F1 has started a new era with the public and the media excluded from its private testing session in Barcelona

F1's secretive 'Barcelona Shakedown' test kicks off with new cars and no fans
Business|Technology

Toyota recalls 162,000 trucks over faulty screens

Toyota announced Friday it would recall about 162,000 pickup trucks in the United States after it was discovered that the vehicles’ multimedia displays could compromise driver safety

Toyota recalls 162,000 trucks over faulty screens
Business|Economy|Environment|Technology

GM hit with $6 billion in charges as EV incentives cut and emissions standards fade

General Motors will be hit with charges of about $6 billion in its fourth quarter after sales of electric vehicles sputtered when the U.S. cut tax incentives to buy them and also eased auto emissions standards

GM hit with $6 billion in charges as EV incentives cut and emissions standards fade
Business|Environment|Technology|World

EU moves to ease 2035 ban on internal combustion cars as auto industry faces headwinds

The European Union is moving to dial back its total ban on cars with gas or diesel engines by 2035

EU moves to ease 2035 ban on internal combustion cars as auto industry faces headwinds
Business|Crime|Economy|Finance|Lifestyle|Technology|US

Ford turns to stepped-up tech and cooperation with police to thwart F-150 pickup thieves

Ford Motor Co. has stepped up technology in its popular F-150 pickup to combat ever-evolving techniques car thieves have at their disposal

Ford turns to stepped-up tech and cooperation with police to thwart F-150 pickup thieves