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EUROPEAN CARMAKERS
Volkswagen cuts are 'wake-up call' for European industry, BYD advisor saysVolkswagen's aggressive cost-cutting measures are a stark warning to Europe's auto sector, according to BYD's European advisor. Alfredo Alt...- In May, every 10th new car sold in Europe was ChineseChinese car brands have captured over 11% of the European new car market for the first time, driven by hybrid and plug-in hybrid models off...
- Volkswagen Law: The unique structure behind Europe's biggest carmakerVolkswagen is reportedly planning a significant overhaul, including plant closures and substantial job cuts, sparking strong union resistan...
- 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...
- US curbs on AI spur European firms to spread the riskEuropean companies are diversifying AI providers due to US access limits, highlighting a need for domestic alternatives. Major firms like S...
- US curbs on AI spur European firms to spread the riskEuropean firms are diversifying AI providers due to U.S. access limits, highlighting a need for domestic alternatives. Companies like Sieme...
- Britain's economic woes fuel discontent with Brexit a decade after historic vote to leave EUA decade after Britain's vote to leave the European Union, business leaders like Simon Boyd and Mike Hawes express frustration. Promises of...
- BMW to launch 27 products in India this year, eyes No. 1 spotBMW Group India is launching 27 new models this year, aiming to solidify its position as the top luxury carmaker. The company is focusing o...
- Global Markets| European shares flat as investors await Iran deal details, Fed policy; BMW slidesEuropean markets held firm today, with investors keenly awaiting developments regarding potential peace talks between the U.S. and Iran, al...
- STOXX 600 hits record high after US-Iran preliminary peace dealEurope's STOXX 600 reached a record high as a preliminary peace agreement between the US and Iran boosted global risk sentiment and lowered...
- Renault partners with Thales to develop military vehicle in new defence projectRenault Group is teaming up with Thales to build a new military vehicle, aiming to support European rearmament. This multi-mission vehicle,...
- India clears way for self-driving, safety car tech to reduce road deathsIndia has removed the licence requirement for automotive radar sensors operating in the 77-81 GHz frequency band, paving the way for wider ...
- JLR to raise £2 billion five-year loan from global banks to refinance debtJaguar Land Rover is securing a significant £2 billion loan. This move aims to refinance upcoming debt obligations. Several multinational b...
- Stellantis plans partnerships with Dongfeng in Europe, JLR in USStellantis is joining forces with China's Dongfeng to create a dynamic joint venture aimed at producing new energy vehicles right in the he...
- 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 ...
- European shares log weekly losses on Iran war-linked inflation woesdropEuropean markets experienced a significant downturn, with the STOXX 600 index sliding due to escalating energy inflation fears stemming fro...
- Global Markets | European shares tumble on Iran war-linked inflation woesU.S. President Donald Trump, on the last day of his trip to China, said his patience with Iran was running out and that China's President...
- 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 ...
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