Volvo Cars has said it expects profitability to improve in the second half of 2026, notwithstanding higher raw material costs and a steeper-than-anticipated downturn in China.
Volkswagen's works council has set up extraordinary staff assemblies in August for employees to question CEO Oliver Blume over restructuring plans that could impact up to 140,000 jobs.
Carmakers have broadly won the first round in UK diesel emissions litigation, as the High Court rejected most of the “dieselgate” claims against Mercedes-Benz, Ford Motor, Nissan Motor, Renault and ...
Lucid Group has dismissed media reports that said the EV maker was considering a take-private deal or a Chapter 11 bankruptcy filing, describing the claims as “completely false”.
The story of this year’s survey is that OEMs see the economics of the dealership model getting stronger, not weaker,” said Erin Kerrigan, Founder and Managing Director of K ...
Creditors to Aston Martin have appointed Jefferies Financial Group as financial adviser amid growing concern over the luxury carmaker's debt.
Micron Technology has finalised strategic customer agreements with seven Tier 1 suppliers and ecosystem partners in the automotive sector.
Volvo Cars has entered an MoU with Belgium’s federal authorities and the regional government of Flanders regarding support measures for its Ghent manufacturing plant.
Honda Motor revealed that it plans to discontinue sales of its battery-powered Prologue SUV at the end of the 2026 model year.
Hyundai Motor Group is seeking to bring Boston Dynamics fully under its ownership, moving to acquire SoftBank Group's remaining holding in the US robotics firm.
Maruti Suzuki India said it will challenge a consumer court order that directed the company to replace a vehicle over alleged damage linked to ethanol-blended fuel.
BYD and materials company Covestro have agreed to build a long-term partnership centred on advanced material applications.