Magna Steyr to cut 500 jobs as output of Fisker, BMW, Jaguar models are phased out

6May 2024

Magna Steyr to cut 500 jobs as output of Fisker, BMW, Jaguar models are phased out

Production has halted or will come to an end on a slew of models this...

6May 2024

BYD is welcome to open factory in France, French finance minister says

Finance Minister Bruno Le Maire said BYD and the Chinese auto industry “are very welcome...

6May 2024

EU warns BYD, Geely, SAIC over insufficient information in anti-subsidy probe, report says

The China Chamber of Commerce to the EU said the reported allegations of non-cooperation were...

6May 2024

2024 Toyota Land Cruiser, 2025 4Runner are similar — but different

The redesigned 2024 Toyota Land Cruiser goes on sale this spring with a higher price...

6May 2024

Volvo sales rise on strong EV demand in April

Volvo sales rose 27 percent in April to 65,838 cars, boosted by demand for EVs,...

6May 2024

EU warns BYD, Geely, SAIC over insufficient information in anti-subsidy probe, report says

The China Chamber of Commerce to the EU said the reported allegations of non-cooperation were...

6May 2024

France sets new targets for EV sales amid growing Chinese competition

A pact between the government, French business groups and unions aims for a fourfold increase...

6May 2024

From scandals to slowdown, Toyota faces these top five challenges as it pursues record profits

Toyota expects stellar results in its fiscal-year earnings announcement on May 8, from record sales...

5May 2024

Magna expects $400 million revenue loss from Fisker production halt

Magna builds the Ocean EV for Fisker. Magna said it will “monitor (the) situation and...

5May 2024

Magna adds 363 jobs at 3 operations in Michigan

Magna, the world’s fourth-largest auto supplier, will open an engineering center for lighting in Novi...

5May 2024

Aston Martin brings luxury car feel to Miami condo tower

The Aston Martin Residences Miami features 391 condos, an art gallery, two movie theaters, a...

4May 2024

Zeekr aims to raise up to $368 million in U.S. IPO

Zeekr founder and Chairman Shufu Li, according to a U.S. filing, will control almost 75...

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