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Volkswagen's China EV venture has no new models planned for next two years, sources sayThe launch of Volkswagen's ID. UNYX series in China has resulted in lackluster sales for its electric vehicle joint venture. With no new mo...
BMW Q3 profit falls 15% as China competition weighsBMW reported a 15% year-on-year decline in third-quarter net profit to 1.45 billion euros, a day after issuing its second profit warning of...
China's Baidu launches AI model simulating road environment for robotaxisApollo World can generate "up to 100,000 km" (62,000 miles) of simulated driving daily, equivalent to about three years of real-world testi...
Global Market: European automakers get earnings boost as Chinese competition weighs on recoveryEuropean automakers have received a boost from recent earnings, but their recovery remains fragile. Rising competition from Chinese manufac...
Sri Lanka seeks faster green energy shift after oil shocksSri Lanka is facing significant challenges in its transition to renewable energy due to rising oil prices. The government plans to increase...
German companies plan to double, triple growth in India over 3-5 years: Piyush GoyalGerman companies are planning significant growth in India over the next three to five years. Piyush Goyal emphasized partnerships in techno...
Volkswagen freezes India EV investment as JSW partnership talks continueVolkswagen has paused further investment in its India electric-vehicle programme pending greater clarity on a potential partnership with Sa...
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...
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...