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Today: June 26, 2026
Today: June 26, 2026

Automotive Industry

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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
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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
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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
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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
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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
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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
Business|Economy|Environment|Europe|Technology|World

Tesla UK sales fall 19% in November, New Automotive data shows

Tesla's UK car sales fell 19% year-on-year in November, preliminary data from research group New AutoMotive showed on Thursday, as the U.S. electric vehicle maker continues to lose

Tesla UK sales fall 19% in November, New Automotive data shows
Business|Economy|Science|Technology|World

China issues first batch of streamlined rare earth export licences, source says

China has issued the first batch of new rare earth export licences that should accelerate shipments to certain customers, a source said on Tuesday, fulfilling a key outcome of the

China issues first batch of streamlined rare earth export licences, source says
Business|Economy|Technology|World

Tesla's China-made EV sales rise 9.9% in November

Tesla's China-made electric vehicle sales rose 9.9% in November from a year earlier, as the U.S. automaker grapples with intense competition in China and Europe.

Tesla's China-made EV sales rise 9.9% in November
Business|Economy|Environment|Finance|Technology|US

Ford, Hyundai US sales down slightly in November as EVs drag

Ford Motor Co and Hyundai Motor on Tuesday reported marginal declines in U.S. auto sales in November, as sales of electric vehicles fizzled following the end of tax credits.

Ford, Hyundai US sales down slightly in November as EVs drag
Business|Economy|Environment|Science|Technology

Tesla flags low maintenance and fuel costs to woo Indian buyers

Tesla's low running costs, including maintenance and fuel, can help Indian buyers to recoup about one-third of the Model Y's $67,000 price tag over four to

Tesla flags low maintenance and fuel costs to woo Indian buyers
Business|Economy|Technology|World

Renault to produce two new Geely-based cars in Brazil

Renault Group will produce two new cars in Brazil in the second half of 2026, using the base of its Chinese partner Geely's vehicles, as it further expands in a high growth market, it said

Renault to produce two new Geely-based cars in Brazil
Business|Science|Technology

Tesla working to integrate Apple CarPlay in its EVs, Bloomberg News reports

Tesla is developing support for Apple's CarPlay system in its electric vehicles, Bloomberg News reported on Thursday, marking a potential shift in the carmaker's long-standing resistance to

Tesla working to integrate Apple CarPlay in its EVs, Bloomberg News reports
Business|Economy|Environment|Technology|US

Toyota opens US battery plant, confirms $10 billion investment plan

Toyota Motor said on Wednesday it had begun production at its $13.9 billion North Carolina battery plant as it ramps up hybrid production and confirmed plans to invest $

Toyota opens US battery plant, confirms $10 billion investment plan
Business|Economy|Political|Technology|World

GM wants parts makers to pull supply chains from China

General Motors has directed several thousand of its suppliers to scrub their supply chains of parts from China, four people familiar with the matter said, reflecting

GM wants parts makers to pull supply chains from China