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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...
Porsche takes aim at Ferrari with luxury supercar conceptPorsche AG has unveiled the Mission S, a concept previewing a new supercar positioned above the 911 as part of CEO Michael Leiters’ strateg...
‘Could sell 3,000 more EVs a month’ if supply constraints ease: MahindraMahindra & Mahindra reported strong demand for its electric vehicles, which may reach 10,000 to 11,000 units monthly. Current production ca...
Astranova Mobility arm gets NBFC licence, targets Rs 5,000 cr AUM in 5 yearsAstranova Mobility's lending subsidiary, Novafusion Capital, receives approval from the Reserve Bank of India (RBI) to operate as a Non-Ban...
School Assembly News Headlines, October 14, 2026: Check national, international, business, sports updates and thought of the daySchool assemblies are essential in keeping students updated on crucial happenings both nationally and globally. Recently, the Supreme Court...
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...
European Union to restrict Chinese hybrid cars imports to 3,50,000 per year, says reportThe European Union (EU) has agreed to restrict the import of Chinese hybrid cars to 350,000, with an annual increase of 6 per cent. The ini...
Will EU press the ‘kill switch’ on China? Trade war looms over talksEU officials are raising alarms over the escalating trade deficits with China, exceeding one billion euros on a daily basis. The spike in C...
AI hopes, industrial malaise drive boom in German startupsMore than 3,000 startups were founded in Germany in the first half of 2026, according to economy ministry data. That's an all-time record a...
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...
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...
Volkswagen workers demand action as German auto jobs face cutsIn a recent meeting, Volkswagen's employee representatives expressed the urgent need for management and policymakers to take decisive actio...
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...
Porsche could face another 4,000 job cuts, Handelsblatt reportsVolkswagen's restructuring plan includes over four thousand job cuts at Porsche. This move addresses a significant overhead shortfall withi...
China's Xpeng plans to offer tech solutions to foreign automakersThe company plans to offer its electrical and electronic architecture, cockpit systems, Turing AI chips, and advanced-driver assistance sof...
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...
Trump says he would be OK with China building cars in USPresident Donald Trump has expressed his willingness to permit Chinese automakers to set up production plants in the United States, provide...
JSW, Skoda-Volkswagen India stitch up 51:49 JV plan; sign non-binding MoU, begin exclusive valuation talksJSW Group and Volkswagen have signed a non-binding MoU for a new alliance. This partnership aims to strengthen competitiveness through expa...
Why a longer working week may not fix Volkswagen's woesGerman automakers face high labor costs and foreign competition. Calls are rising to extend the standard 35-hour work week to 40 hours. Thi...