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Volkswagen bet on Xpeng to save its China business. It's not going to planVolkswagen’s ID. UNYX 08 electric SUV sold poorly, achieving only 267 units per month since its launch. The automaker initially aimed for 3...- Driving a wedge in the EU EV marketChinese automobile companies are presenting their advanced technologies at the Paris auto show to attract European buyers. European car man...
- Europe’s auto giants learn from China as Volkswagen, Stellantis rethink EV strategyVolkswagen and Stellantis are adapting their electric vehicle strategies by collaborating with Chinese automakers. Stellantis aims to impro...
- Chinese car makers increasingly rely on overseas markets as September exports surgeChina’s passenger car exports jumped 64% year-on-year in September to about 919,000 units as automakers increasingly looked overseas to off...
- Why electric vehicles sales are lukewarm in America, but hot in EuropeElectric vehicle sales in the United States have dropped 30.7% this year following the expiration of a federal subsidy. In contrast, Europe...
- BMW to cut 8,000 jobs in Germany as AI-led restructuring takes shapeBMW plans to eliminate around 8,000 jobs in Germany as part of its cost-cutting restructuring plan. The German luxury automaker aims to enh...
- From pickups to idle plants: automakers seek lifeline from defence boomWestern automakers are increasingly looking at defense contracts as a way to boost revenues and utilize excess capacity. Companies like For...
- China's manufacturing scale shows the path to first-world statusInsights from a Chinese factory reveal striking contrasts in wages and car ownership between India and China. China's triumph in manufactur...
- Govt disburses Rs 36,754 cr under PLI schemes as on June 30The government has disbursed Rs 36,754 crore to beneficiary companies under the Production Linked Incentive schemes. These schemes have led...
- The road ahead for Volkswagen's restructuring: ExplainedVolkswagen is set to meet regarding restructuring plans and job cuts to address financial losses. The company aims to strengthen its positi...
- Dixon eyes a spot among world's top 5 electronics makers, bets beyond phonesDixon Technologies aspires to become one of the world's top five electronics contract manufacturers in ten years. The company seeks to expa...
- Govt set to consider auto PLI applications with Chinese investment after FDI nodThe Indian government is likely to consider production-linked incentive applications from auto companies with Chinese investments. This dec...
- Global funds, same tech bet? The diversification trap Indian investors may missMany Indian investors mistakenly believe they diversify their portfolios by adding foreign countries. However, numerous global indices ofte...
- A Xi-Trump summit deal can throw US carmakers under the China busUS automakers, suppliers and dealers are lobbying the Trump administration to keep Chinese carmakers out of the American market ahead of Pr...
- China's car glut has long flooded the world. Now comes the cleanupChina's auto industry faces a major reset as production exceeds domestic demand significantly. Toyota's planned joint venture consolidation...
- Volkswagen overhaul puts Seat’s future at risk as Chinese rivals reshape global auto industryVolkswagen's strategic overhaul may lead to the discontinuation of its Seat brand. This move signals significant industry consolidation ami...
- China may have found a way to tackle glut in car marketTwo state-owned cos, which make Toyota models, plan to combine ops in a sign that car sector is headed for consolidation.
- China's Geely used 800 engineers and AI to create a modular EV manufacturing system; Ford is now applying it in Spain, aiming to slash development time and costs by half without building the system itselfFor decades, Western automakers entered Chinese joint ventures primarily to secure access to local buyers. That dynamic has quietly inverte...
- Whirlpool India to revive brand, sets sights on premium play: MD Narasimhan EswarWhirlpool India says it will operate independently despite its US parent retaining a 39.7% stake. The company plans to expand its premium p...
- No easy entry for India Inc in China as Beijing tightens business visa rulesIndian companies face significant challenges securing Chinese business visas. Many firms are now relocating crucial executive meetings to o...
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