Polestar's second-quarter retail sales dropped 4% year-on-year, coming just days after the Geely-backed EV maker confirmed it would be excluded from the US market starting with the 2027 model year.
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.
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.
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 ...
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 ...
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 ...
Chery Automobile has completed the acquisition of Nissan Motor’s vehicle assembly plant in Rosslyn, near the South Africa capital Pretoria, marking a new phase in the Chinese automaker’s expansion ...
Swedish automotive supplier Autoliv has partnered with Xpeng to jointly pursue safer mobility technologies for markets worldwide.
Honda Motor has announced that it has delayed plans to make local automotive systems manufacturer Astemo Ltd a consolidated subsidiary.
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