news

China poised to lead global auto market, S&P Global says

BYD has emerged as a top 10 manufacturer, and evolving retail networks and new factories...

Stellantis awaits first shipment of Leapmotor cars from China

Sales of the T03 small EV and C10 midsize SUV from Stellantis’ “15th brand” are set...

4 takeaways from Tesla’s Q2 earnings as profit plunges

Automotive gross margin, a key indicator of profitability, fell to just under 15 percent in...

STMicro cuts full-year outlook for second time

STMicroelectronics cut its full-year revenue and margins guidance for a second time this year on...

Stellantis awaits first shipment of Leapmotor cars from China

Sales of the T03 small EV and C10 midsize SUV from Stellantis’ “15th brand” are set...

Tesla, Fiat, Dacia gain from Italy CO2 incentives

Italy’s eco bonus benefits battery-electric vehicles, hybrids as well as fuel-efficient combustion cars....

Stellantis to reduce output, cut prices after earnings plunge on weak U.S. results

Stellantis is counting on lower production, price cuts and new model launches to reverse plunging...

CEO Makoto Uchida says Nissan U.S. incentive spending nearly erases quarterly profit

Nissan CEO Makoto Uchida says soaring U.S. selling expenses fueled a 99 percent plunge in...

Volvo softens EV-or-bust strategy as hybrids show promise

Some Volvo dealers fear the consequences of sticking to the 2030 target as EV growth...

Toyota weighs 4-day workweek in sweeping overhaul of office life

The possible change in Japan is part of a sweeping rethink of office life meant...

Hyundai posts record Q2 profit on strong U.S. sales

Sales in the U.S., Hyundai’s biggest revenue-generating market, edged up 2.2 percent as high-margin SUV...

CEO Makoto Uchida says Nissan U.S. incentive spending nearly erases quarterly profit

Nissan CEO Makoto Uchida says soaring U.S. selling expenses fueled a 99 percent plunge in...

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