Volkswagen intends to reduce its vehicle lineup by up to half as part of a broader cost-cutting push, though it offered no specifics on potential job cuts or plant shutdowns.
The Spring Hill plant will produce ESS batteries alongside EV batteries. Ultium Cells LLC, the US-based battery manufacturing joint venture between US automaker General Motors (GM) and South Korea’s ...
Xiaomi has introduced a new SUV range called Sky Nomad, stepping up its move into the automotive sector as expansion in its core smartphone business eases.
Europe's automotive manufacturers will need to absorb additional job losses and factory shutdowns as the sector overhauls itself to stay competitive, according to Hildegard Müller, head of Germany's ...
Besides MMC, BMW is among automotive OEMs pursuing manufacturing applications for humanoid robots. Image source: BMW AG Mitsubishi Motors Corporation and Highlanders (a start-up originating from the ...
Mercedes-Benz Group sold 417,800 cars in the second quarter of 2026, an 8% year-on-year (YoY) decline, as gains in Europe and North America failed to offset a 30% drop in China.
Czech billionaire Michal Strnad is in talks to acquire a minority holding in Pirelli & C. from the tyre maker’s biggest shareholder, Bloomberg has reported.
The new company, to be called Fuso Bus Company Ltd, is scheduled to be established in the second half of 2026, with MFTBC and Hon Hai each holding 50% of the equity. It will be he ...
Japan’s domestic new vehicle market expanded by 8.6% year-on-year to 426,883 units in June 2026, following a 5% rise to 393,162 units a year earlier.
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