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GERMAN AUTOMAKERS COMPETITION
Global Markets | European shares inch lower as tariff threats drag automakers; investors assess Mideast progressEuropean shares ticked lower on Monday as European automakers came under pressure following threats of a U.S. tariff hike, while investors ...- Beijing auto show: Chinese EV makers target Europe’s luxury car turfChinese car makers are now targeting premium customers. Brands like Geely and Nio are launching advanced electric and hybrid vehicles. Thes...
- Audi, SAIC will jointly develop future models under new China brandAudi and SAIC are strengthening their collaboration for upcoming electric vehicle models in China. They will also establish a new innovatio...
- Luxury car sales in India set to double by 2030, says BMWIndia's luxury car market is set to double its share by 2030. Young, wealthy, and aspirational buyers are fueling this growth. BMW sees str...
- Porsche loses speed on a curvy roadPorsche AG's sales dropped significantly in the first quarter. China saw a steep decline in luxury spending, impacting deliveries. Model ch...
- Ford to use Renault technology, plants for cheaper European EVs to fend off Chinese rivalsRenault and Ford have formed a major partnership to jointly develop small, low-cost electric vehicles and commercial vans for the European ...
- Mercedes pulls earnings guidance amid Trump tariff uncertaintyMercedes-Benz reported a decline in car business profitability for the first quarter, with a margin of 7.3% compared to 9% last year. Group...
- German economy expected to recover slowly, banks association saysGermany's economy is expected to grow by only 0.2% this year, with noticeable recovery not anticipated until 2026. The Association of Germa...
- European car companies step on gas for a footing in IndiaCzech carmaker Skoda Auto's India unit is aiming to sell over 100,000 vehicles annually by 2026, targeting younger customers with affordabl...
- Mercedes to develop smart cars for global markets with China's Hesai lidarMercedes-Benz will develop smart driving cars for global markets, using Hesai's lidar sensors from China. Despite the heightened U.S.-China...
- Volkswagen union warns against plant closures, backs $1.6 billion cost cutsThe proposal comes a day ahead of a third round of crunch talks between workers and management over pay cuts and factory shutdowns in Germa...
- Think making cars is hard? Try being a supplierMajor component manufacturers such as privately owned Robert Bosch GmbH, ZF Friedrichshafen AG and stock-market listed Continental AG have ...
- China and European Union agree to talks in bid to head off trade warChina and the European Union have decided to initiate talks aimed at resolving an increasingly tense tariff dispute, with billions of dolla...
- Renault, Geely create joint venture for hybrid, combustion enginesRenault and Geely's joint venture, HORSE Powertrain, aims to develop combustion and hybrid engines, bolstering competitiveness and addressi...
- Volkswagen unveils electric luxury sedan at China auto showThe world's largest auto show, Auto Shanghai 2023, witnessed several automakers showcasing their latest SUVs, sedans and muscle cars. The s...
- BMW drives in new M5 Competition in India tagged at Rs 1.61 croreThe sedan comes retuned chassis, new shock absorbers, track mode, active M differential with centralised intelligent control, bespoke engin...
- Volkswagen open to revisiting Tata tie-up for India mass marketUnlike in China, where the group is the best-selling foreign automaker, it hasn’t found success in India, where an average buyer prefers co...
- Toyota in talks with Daimler on hybrids: ReportToyota is in talks with Daimler AG about sharing its gas-electric hybrid technology with the German automaker, Japanese media reports said ...
- GM looking for billion-euro aid for Opel: ReportUS automaker General Motors believes it can obtain a billion euros (1.42 billion dollars) in aid from Britain, Poland and Spain to restruct...
- Toyota to produce new hybrid battery next yearToyota Motor Corp said on Wednesday that it plans to start producing lithium-ion batteries next year as it races against rivals to develop ...
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