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CHINESE CARMAKERS COMPETITION
Volkswagen CEO aims to cut 100,000 jobs in major overhaul, Manager Magazin reportsVolkswagen CEO Oliver Blume is reportedly planning significant changes, including potentially cutting up to 100,000 jobs globally and closi...- Chinese EV makers are shut out of India - but their tech isn'tDespite India's restrictions on Chinese automakers, their electric vehicle technology is finding its way into the Indian market. Tata Motor...
- Chinese EV makers are shut out of India - but their tech isn'tDespite India's restrictions on Chinese automakers, their electric vehicle technology is finding its way into the Indian market. Tata Motor...
- Business lesson from world's first trillionaire Elon Musk: 'Rely less on business gurus and their books and more on biographies' What business owners can learn from world's richest man's success mindsetElon Musk, the world's first trillionaire, eschews traditional business gurus, drawing wisdom from history and biographies of innovators. H...
- Seres-backed Saidou launches smart EV brand, partners with ByteDanceSaidou Technology, backed by Seres Group, has launched its AIVA artificial intelligence auto brand. The company is partnering with ByteDanc...
- INSIGHT-How Honda's old guard tried, and failed, to oust its CEOHonda is encountering significant disputes as a faction of retired executives pushes for the removal of CEO Toshihiro Mibe. Citing his fail...
- Tata taps China's Chery for premium EV push, sources sayTata Motors is set to license an automaking platform from China's Chery. This collaboration aims to accelerate the launch of Tata's premium...
- Stellantis will build 2 million cars on new STLA One platform by 2035, CEO saysStellantis plans for two million cars will be built on the STLA One platform by 2035, says CEO Antonio Filosa. This move aims to make Stell...
- Challenging times for Indian auto even as long-term demand trends hold: Assocham's Nirmal MindaIndia's automotive industry is facing the dual challenge of escalating costs and uncertainties in global trade. Yet, the future looks good ...
- House lawmakers introducing bill to toughen US ban on Chinese vehiclesU.S. lawmakers are introducing legislation to strengthen the ban on Chinese automakers entering the American market, building on a Biden ad...
- Nissan to cut 10% Europe jobs, 900 roles at risk as global restructuring and Sunderland factory changes beginNissan is planning big job cuts in Europe as part of a global plan. The company wants to save money and improve its business. Changes are a...
- Global stocks: BYD Q1 profit falls 55%, steepest drop in 6 years as China sales falterChinese electric vehicle maker BYD's quarterly profit fell at its fastest pace since 2020, a stock market filing showed on Tuesday, hit by ...
- BYD car discounts show China’s EV price war is getting worseChina's car market faces fierce price competition. BYD and rivals are increasing discounts despite government calls to stop. This intense r...
- Toyota CEO flags survival risk despite record sales: Why the world’s largest carmaker is worried about its futureToyota's outgoing CEO warns of an existential threat from rapid technological disruption and intensifying competition, particularly from Ch...
- China poses 'very significant' challenge to German brands, BMW leader saysBMW's Hungarian chief warns of significant competitive challenges from China's auto industry as BYD prepares to launch production in Hungar...
- 'Why not?' Europeans warming up to Chinese electric carsChinese electric vehicle (EV) makers are aggressively targeting the European market, showcasing their technology-packed EVs at the Munich a...
- Audi announces massive job cuts, sends big message to luxury car industryAudi employs about 88,000 people worldwide, including 55,000 in Germany.
- Volkswagen plans major layoffs, to shut at least three German plants, works council head saysVolkswagen is considering closing several plants in Germany and slashing salaries by 10 percent as the ailing auto giant pursues a drastic ...
- Europe is slapping tariffs on Chinese electric vehicles - for now. Here's what to knowEU raises customs duties on Chinese electric vehicles due to unfair subsidies. Tariffs aim to address market imbalance. Negotiations ongoin...
- Europe wants affordable electric vehicles from China. But not at the cost of its own auto industryThe European Union plans to increase tariffs on Chinese-made electric vehicles due to unfair subsidies. This move aims to address the surge...
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