Browsing: Automotive Industry
A Dutch court has rejected Jaguar Land Rover’s (JLR) attempt to preserve evidence collected from BYD offices as part of…
Nissan reported an operating profit of ¥80 billion for the first half of fiscal 2026, reversing a ¥27.7 billion loss…
Jaguar Land Rover (JLR) has reportedly raided BYD’s offices in the Netherlands and seized digital records ahead of a court…
Ford Motor Company has appointed former General Motors executive Marissa West as vice president of vehicle programs, strengthening its leadership…
Lucid Group reported weaker-than-expected financial results for the third quarter of 2026 as the electric vehicle manufacturer continues restructuring operations…
Honda Motor plans to invest $3 billion in a new vehicle manufacturing facility in central Ohio, expanding its production capacity…
The UK government is expected to reduce its electric vehicle sales targets for automakers, with reports suggesting the 2030 requirement…
Tesla has increased the parts localization rate at its Gigafactory Shanghai to 98%, further strengthening the electric vehicle maker’s reliance…
Egypt is stepping up efforts to localise electric vehicle manufacturing and automotive component production, targeting annual output of up to…
Mercedes-Benz has started assembling the electric GLC at its Chakan manufacturing plant near Pune, Maharashtra, using imported knocked-down kits. The…
Three European Parliament committees have adopted proposals to simplify technical requirements and testing procedures for the automotive industry, while introducing…
BMW Lowers 2026 Automotive Margin Outlook as Neue Klasse Ramp-Up Accelerates Gen5 Battery Phase-Out
By Nico Romano
BMW Group has lowered its 2026 Automotive segment EBIT margin forecast, citing additional portfolio and structural measures in the fourth…
Range Rover plans to discontinue the Evoque and Velar in 2027, ending production of its two most affordable models as…
Several Chinese automakers have reportedly held talks with regulators in Beijing to secure export quotas for hybrid vehicles destined for…
Hyundai Motor has revealed Ioniq P as the name of its upcoming mass-market electric vehicle for India, a new A-segment…
Thailand will increase its consumption tax on imported electric vehicles to a uniform 35% from 1 January 2027, raising the…
GWM October Sales Fall 15.87% as Domestic Market Weakness Offsets Overseas and NEV Records
By Daniel Ong
Great Wall Motor (GWM) reported a 15.87% year-on-year decline in vehicle sales in October, marking its steepest monthly drop this…
German automotive supplier Schaeffler plans to eliminate approximately 3,460 positions across Europe, including 2,660 jobs in Germany and another 800…
Tata Motors has completed the first settlement stage of its acquisition of Iveco Group, securing approximately 89.42% of the Italian…
Porsche will appoint former Mercedes-Benz executive Jörg Bartels as its new head of Research and Development in May 2027, succeeding…