The electric vehicle market experienced a notable 11% reduction in sales globally this past February. China, in particular, faced its most ...

Honda faces a massive financial hit and strategic shift in its electric vehicle business. The Japanese automaker is writing down billions d...

Renault has its eyes set on a bold future, targeting substantial international expansion by 2030. The iconic French car manufacturer is set...

Global carmakers with large exposure to the U.S. market have booked some $55 billion in writedowns in the past year as they scale back elec...

In a turbulent turn of events, major global car manufacturers are grappling with heavy financial losses. Brands like Stellantis, Ford, Gene...

Electric vehicles face growing uncertainty as regulatory shifts and slowing demand test global strategies. Auto companies are now stretchin...

In a significant shake-up, Ford has announced the slashing of thousands of electric vehicle positions, resulting in a staggering $19.5 bill...

Ford announced a significant $19.5 billion writedown and is discontinuing several electric vehicle models, including the F-150 Lightning su...

Europe's auto leasing firms have doubled their prices for electric cars due to low resale values. Cuts in subsidies for new EVs in key mark...

Barra highlighted moves to return cash to shareholders, including $12 billion in 2023 through a $10 billion share buyback and a 33% dividen...

Renault controlled 68 percent of AvtoVAZ, the largest carmaker in Russia with the country's top brand Lada, but was under pressure to pull ...

All three major U.S. stock averages closed down well over 2%, and for the week they all lost ground. May is often marked by sell-offs, and ...

Tata Group has said it’s open to finding partners for JLR to save costs & share burden of investing in e-cars.

The persisting gloom in China, the engine room for growth over the past decade, leaves automakers with few places to go.

JLR’s writedown signals that previous spending splurges won’t deliver the financial returns.

As for Mistry, at $16 billion, he would walk away with 4.5% return on the $200 million loan the Tata family took from outsiders 91 years ag...

Ratan Tata won't get off so easily. If nothing else, candidates for the next group chairman's job will want to know the truth behind Mistry...