The automobile is transforming into a smart device. Traditional carmakers face a challenge as software and data become more valuable than h...

Jaguar Land Rover is securing a significant £2 billion loan. This move aims to refinance upcoming debt obligations. Several multinational b...

The debut of Ferrari's electric supercar, Luce, is turning heads in the automotive world. With a design that diverges from the classic Ferr...

Last year proved challenging for Jaguar Land Rover, as nearly all profits evaporated due to US tariffs, reduced demand from China, and a de...

Indian markets anticipate the US Fed's decision and election exit polls today. Key companies including HUL, Bajaj Finance, and Adani Power ...

China's car market faces fierce price competition. BYD and rivals are increasing discounts despite government calls to stop. This intense r...

Luxury carmakers face a significant challenge as the Middle East market, vital for high profits, is under threat. Regional conflict has led...

Aston Martin will cut 20% of its workforce after reporting an annual loss that missed expectations, hit by weak demand and tariff pressures...

Mercedes-Benz's car sales fell by 3% in 2024, significantly impacted by a 7% decline in China and a 3% decrease in Europe. Sales of battery...

Carmakers such as Mercedes, BMW, Audi and Toyota rolled out eight new models with eight-figure price tags in 2023, taking the number of suc...

Porsche AG has reported its nine-month results in line with its annual forecast, but has warned that the luxury sector is being affected by...

The robust financial performance came even as volumes have still to reach the peak of the pre-Covid year of FY19. In FY23, the local arm of...

The Volkswagen subsidiary is enjoying "high demand" and has an order book covering the next 18 months, CEO Stephan Winkelmann said.

Premium and luxury car sales have been growing more broadly in key global markets such as China and the United States as pandemic travel re...

"The BMW group continued to demonstrate its high level of profitability in the period from July to September 2021, with revenues, profit be...

"Our goal is to deliver a double-digit EBIT margin and become one of the world's most profitable luxury manufacturers," Bollore said in his...

Volkswagen common shares traded 1.2% higher after the earnings statement. More financial details are to be announced March 16 at the compan...