Topic
automotive industry
60 stories related to this topic, newest first.
ndtv.comworld3 days ago
UK High Court Rejects Most Diesel Emissions Claims Against Five Carmakers
A high court judge ruled that most emissions-control strategies in 20 diesel models did not qualify as prohibited defeat devices. The decision covers claims filed on behalf of 1.6 million UK vehicle owners.
cnet.comfinance4 days ago
Volkswagen Unveils 12-Point Restructuring Plan to Cut Capacity and Complexity
Volkswagen announced a restructuring plan that includes reducing annual production capacity to 9 million vehicles, cutting model range by up to 50 percent, and lowering product complexity by up to 75 percent. The company's works council rejected plant closures and said it will su…
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insideevs.combusiness5 days ago
California Offers $3,500 Rebate for New EVs Priced Below $50,000
The program, funded partly by automakers, targets first-time buyers and includes a smaller incentive for used models. It launches in the coming weeks with details expected next month.
Yonhappolitics7 days ago
President says tariffs prompted foreign automakers to build U.S. plants
The president stated that tariff policy has led South Korean, Japanese and German automakers to open factories in the United States. The remarks came during a White House event introducing new children's investment accounts.
manufacturing.netbusiness8 days ago
Battery Electric Vehicles Reach Record Share of Australian New-Car Sales
Battery electric vehicles accounted for nearly one in four new cars sold in Australia during June, according to industry data. Sales reached more than 32,500 units in a month that set a national record.
cnbc.comscience9 days ago
Detroit EV startup begins preorders for $24,950 base-model pickup truck
A Detroit-based electric vehicle startup has started taking preorders for a two-seat pickup truck with a base price of $24,950. The model is one of eight U.S. vehicles listed under $25,000 as the average new-vehicle transaction price reached $48,402.
finance9 days ago
Automakers End or Delay Several Electric Vehicle Models in 2026
Hyundai, Kia, and other manufacturers have discontinued or postponed U.S. sales of multiple electric vehicle models this year. The changes follow the end of a federal tax credit and declining EV deliveries.
The Independentworld10 days ago
Fiat Topolino Electric Quadricycle Goes on Sale in UK at £8,995
The Fiat Topolino, a quadricycle based on the Citroën Ami, is now available to order in the UK. It offers 46 miles of range and a top speed of 28 mph.
america.cgtn.comfinance10 days ago
Tesla Opens U.S. Orders for Six-Seater Model Y L at $61,990
Tesla began taking U.S. orders Thursday for the Model Y L, a three-row version of its SUV priced from $61,990. The vehicle has been on sale in China since last August and will reach U.S. customers in October.
Wiredtechnology10 days ago
U.S. Denies Polestar Authorization to Sell Vehicles With Chinese Technology
The Commerce Department rejected an authorization request that would have allowed Polestar to continue U.S. sales after 2026 despite a federal rule on Chinese-made connected-vehicle systems. The company, majority-owned by China's Geely Holding, said it will stop selling vehicles…
azernews.azworld12 days ago
EU car industry seeks UK exemption from new made-in-Europe rules
The European Automobile Manufacturers Association urged the European Commission to grant the UK, Turkey, and Morocco targeted exemptions from subsidy and procurement rules that require vehicles and parts to be produced inside the EU. The rules were drafted under the Industrial Ac…
Al Jazeeraworld13 days ago
EU and China Agree on Trade Talks After Record Chinese Surplus and New EU Tariffs
European Union trade commissioner Maros Sefcovic hosted Chinese Commerce Minister Wang Wentao in Brussels on June 30 for talks. Sefcovic stated that rising Chinese exports and shrinking EU market share in China are unsustainable. The sides agreed to four workstreams for October n…
business15 days ago
Slate Unveils $24,950 Electric Pickup with Basic Features and Strong Early Orders
The Jeff Bezos-backed startup announced a sub-$25,000 electric truck measuring 14.6 feet. Business Insider reported more than 10,000 nonrefundable preorders in the first four hours.
upi.comfinance16 days ago
Volkswagen Plans Up to 100,000 Job Cuts and Four German Plant Closures
Volkswagen announced plans to cut up to 100,000 positions worldwide and close four plants in Germany. The reductions target roughly one-sixth of its 625,000-person global workforce.
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paultan.orgtechnology18 days ago
U.S. Denies Polestar 2027 Sales but Approves Volvo under Connected Vehicle Rule
The Department of Commerce’s Bureau of Industry and Security rejected Polestar’s request to sell vehicles from model year 2027 onward. The company, owned by Chinese automaker Geely, said it will stop marketing and sales of those models in the United States while continuing suppor…
Japan Timesworld18 days ago
Former Nissan Chairman Says Shareholder Calls Reflect Anger Over Results
Carlos Ghosn stated that investor proposals for his return to Nissan show frustration with the company's performance since his departure. Shareholders rejected a proposal to bring him back at the annual meeting.
automotiveworld.comtechnology23 days ago
Renault Twingo E-Tech Priced from €19,490 as EU Tariffs on Chinese EVs Remain in Place
Renault’s new city car launches next year in the UK at about £18,000. European makers are cutting size and cost to compete with Chinese rivals.
Benzingafinance29 days ago
Senator Responds to Musk Statement on Government Subsidies
A Democratic senator posted a reply to comments by the CEO of Tesla and SpaceX about the role of federal subsidies. The exchange referenced past statements by President Trump and recent sales data for electric vehicles.
finance.yahoo.comfinance34 days ago
Company partners with startup on stationary electricity storage
The company announced a partnership with Peak Energy to enter the stationary electricity storage market. The move targets demand from AI data centers and follows recent share gains by a rival automaker.
foxbusiness.comfinance34 days ago
General Motors proposes using electric vehicles and batteries to support U.S. power grid
General Motors outlined plans at a San Francisco event to aggregate its electric vehicles and stationary batteries as grid resources. The company is developing software and new battery chemistries while competing with Ford on different approaches to energy storage.
thehindu.comfinance34 days ago
U.S. Trade Representative Visits Tesla California Facility
The U.S. Trade Representative toured a Tesla plant in California on Thursday as part of efforts to promote domestic manufacturing. The visit focused on supply chain and production operations at the site.
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koreaherald.comtechnology36 days ago
GM Allocates $900 Million to LMR Battery Development Center
General Motors is investing $900 million in a new Battery Cell Development Center and LMR battery chemistry. The program aims to cut costs on upcoming electric vehicles while maintaining driving range.
forbes.combusiness36 days ago
Foxconn Launches Electric Vehicle With 359-Mile Range
Foxconn introduced the Cavira electric vehicle through its Foxtron joint venture. BYD reported a 0.3 percent increase in global vehicle sales for May after months of decline. A Canada-China electric vehicle agreement may affect Tesla operations.
teslarati.comfinance37 days ago
Tesla Chief Designer Says Roadster Launch Coming in Weeks
Tesla's chief designer stated the electric Roadster will arrive within weeks. The announcement came at a European event on the same day Ferrari's CEO commented on autonomous driving.
benzinga.comfinance45 days ago
Bill Targets Chinese Auto Ownership, Includes Mercedes-Benz U.S. Sales
A proposed U.S. bill aimed at restricting Chinese ownership of automakers could limit Mercedes-Benz market access. The measure would apply ownership thresholds to foreign-controlled vehicle manufacturers.
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nbcnews.comtechnology46 days ago
Slate Auto to Begin Taking Orders for Low-Cost Electric Vehicle on June 24
Slate Auto will open orders for its electric vehicle on June 24. The company has not released final pricing. Deliveries are scheduled to begin by the end of 2026.
theyeshivaworld.comfinance47 days ago
Lawmaker Discusses Bipartisan Bill to Restrict Chinese Autos in U.S.
House China Select Committee Chairman Rep. John Moolenaar appeared on CNBC's Squawk Box to discuss legislation that would prohibit the importation, manufacturing, and sale of Chinese vehicles in the United States.
bigdataanalyticsnews.comfinance47 days ago
Crypto Firms and Automakers Apply for Bank Charters Under New Policies
Dozens of financial technology companies and the three major U.S. automakers have applied for banking charters. The filings follow administration policies that reduced regulatory barriers to new bank formation.
technode.comfinance52 days ago
Chinese EV Makers Acquire Idle Western Plants for Overseas Production
Chinese electric vehicle companies are purchasing unused factory space from Western automakers that are reducing gasoline-car output. The moves allow Chinese firms to build vehicles locally and avoid tariffs.
citizen.co.zatechnology54 days ago
Volvo Debuts EX60 Electric SUV in U.S. Market
Volvo introduced its EX60 compact electric SUV in New York this week. The vehicle goes on sale later this summer starting at $59,795. It arrives as the company adjusts its electric vehicle strategy.
Newsweekworld55 days ago
Rising Fuel Prices Prompt Shift Toward Electric Vehicles in U.S. and Europe
New car buyers in the U.S. and Europe are showing increased interest in alternative fuel vehicles as gasoline and diesel prices rise amid the ongoing conflict in Iran. HSBC Bank analysts noted that prolonged supply disruptions could accelerate electric vehicle sales.
finance.yahoo.comtechnology56 days ago
Volvo Plans New Electric Vehicle for U.S. Market in 2027
Volvo Cars America president Luis Rezende said the company is developing a new electric vehicle for the U.S. market that will launch in 2027. The model will be larger than the discontinued EX30 and will not match the EX30's original $34,950 target price.
news.google.comfinance57 days ago
Tesla Launches Financing Plan in China After Losing Top 10 EV Ranking
Tesla introduced new financing options in China following a decline in domestic sales. California Governor Gavin Newsom announced a $1 billion EV incentive program that may support the Tesla Semi.
Benzingapolitics57 days ago
Li Auto Unveils Six-Seat Electric SUV as Chinese Automakers Target Europe
Li Auto introduced a new six-seat electric SUV priced at 459,800 to 509,800 RMB. BYD and XPeng are shifting focus to European markets after slower sales in China. Waymo and Blink Charging also reported developments during the week.
Euronewsbusiness57 days ago
Mercedes-Benz CEO Signals Openness to Defence Sector Work
Mercedes-Benz CEO Ola Källenius said Europe needs stronger defence capabilities amid a more unpredictable world. The company has not announced concrete plans to enter military production.
livemint.comtechnology60 days ago
Trump to Meet Xi Jinping Amid Congressional Push to Restrict Chinese-Made Vehicles
President Donald Trump is scheduled to meet Chinese President Xi Jinping this week amid bipartisan warnings against using the U.S. auto market as a bargaining chip. Reps. John Moolenaar and Debbie Dingell introduced legislation this week mirroring Senate bills to lock in restrict…
finance.yahoo.comtechnology60 days ago
Honda Reports First Annual Loss Since 1955 After EV Investment Writedown
Honda posted a net loss of 403.3 billion yen for its fiscal year ending in March after taking a 1.6 trillion yen charge related to its electric vehicle investments. The company cited changes in U.S. emissions rules and the end of a $7,500 federal tax credit that contributed to we…
Nbc Newsworld61 days ago
Chinese Electric Vehicles Remain Unavailable in U.S. Market
Chinese brands accounted for about two-thirds of global electric vehicle sales in 2024, according to the International Energy Agency, but none of those sales occurred in the United States. Almost half of cars sold in China last year were electric, compared with about one in 10 in…
finance61 days ago
BYD Reports Profit Drop Over 50% in China as Global EV Sales Grow Modestly
Stella Li told an industry summit that crude oil topping $100 a barrel after the U.S. and Israeli strikes on Iran has prompted drivers to consider electric and hybrid vehicles. BYD is accelerating European factory and product plans even as its first-quarter profits fell more than…
The Timestechnology61 days ago
Ineos Grenadier to Bid Against JLR and BAE-Led Consortia for MoD Contract to Replace Army Land Rovers
Sir Jim Ratcliffe's Ineos Grenadier has engaged with the Ministry of Defence to bid for a contract to supply a new 4x4 vehicle, competing against Jaguar Land Rover, BAE Systems and Supacat. The initial tender for 3,000 vehicles worth £900 million begins shortly, with bids due Mon…
The Independenttechnology62 days ago
UK Government Signs Agreement With Wayve to Advance Self-Driving Car Technology
Wayve has signed a memorandum of understanding with the UK government to share research on self-driving vehicles. The agreement aims to support responsible deployment of the technology. The company plans to launch robotaxi trials in London in 2026.
en.globes.co.ilworld63 days agoUpdated
Company Lays Off 500 to 600 Technology Workers Globally
The company has cut between 500 and 600 information technology positions worldwide as part of a cost reduction and restructuring effort. The reductions have a significant impact in Austin, Texas, and Michigan. The move was reported by CNBC on Monday.
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upi.combusiness63 days ago
Unifor to Begin Contract Negotiations With Ford Motor Company
Unifor will start 2026 contract talks with Ford Motor Company on June 22. The union represents about 5,000 workers at Ford of Canada facilities. Negotiations mark the beginning of bargaining with the Detroit Three automakers.
thehindubusinessline.comworld63 days ago
China Reports 85% Jump in Passenger Car Exports in April as Domestic Sales Fall for Sixth Straight Month
China exported around 796,000 passenger cars in April 2026, up nearly 85 percent from a year earlier, according to the China Association of Automobile Manufacturers. New energy vehicle exports reached about 420,000 units, surging more than 120 percent. Domestic sales dropped 25.5…
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politics65 days ago
European Carmakers Report €8bn Hit From U.S. Tariffs
European carmakers have recorded an €8 billion financial impact from tariffs imposed by the United States. President Trump has threatened to raise the levies to 25 percent if the European Union does not implement last year’s trade deal. The tariffs form part of ongoing trade tens…
iphoneincanada.catechnology66 days ago
Honda Delays Next-Generation Models and Ends U.S. EV Sales After $15.7 Billion in Losses
The automaker is postponing next-generation versions of the Odyssey, Accord, HR-V, MDX and Integra by up to four years after recording $15.7 billion in electric vehicle losses. It will cancel its sole U.S. EV model at the end of 2026 and exit the South Korean market after 23 year…
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Los Angeles Timesbusiness66 days ago
General Motors Agrees to Pay $12.5 Million to Settle California Driver Data Sales Claims
General Motors has agreed to pay $12.5 million to settle allegations it sold location and driving data from hundreds of thousands of California drivers between 2020 and 2024. The payment is the largest penalty issued under the California Consumer Privacy Act. The settlement requi…
bbc.co.ukworld66 days ago
UK Approves £380m Support for Somerset Battery Gigafactory to Supply Jaguar Land Rover
Newly released documents show officials feared damage to the UK car industry if the Jaguar Land Rover battery deal collapsed. The government provided £380 million to Agratas for the Somerset gigafactory, now projected to cost £5.2 billion. JLR denied any threat to leave Britain a…
nypost.comworld66 days ago
Lawmakers Introduce Bill to Ban Chinese Vehicles from U.S. Roads
Low-cost Chinese-made electric vehicles and hybrids are entering California from Mexico under temporary visitor rules that exempt them from U.S. safety and emissions standards. The vehicles are sold in Mexican border cities for around $20,000.
Financial Timesfinance64 days agoUpdated
Saudi Aramco Q1 Profit Rises 26%
Saudi Aramco posted net profit of $33.6 billion for the first quarter as higher oil prices from the regional conflict offset lower production and exports. The company maximized use of its East-West pipeline to bypass the closed Strait of Hormuz. Meanwhile Toyota reported a £3 bil…
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smallbiztrends.comfinance67 days ago
Ford and GM Invest in Training Programs as Manufacturers Report Worker Recruitment Challenges
Jim Farley detailed the crisis in a new episode of his podcast 'Drive,' scheduled for release Friday. The Ford chief executive cited impacts ranging from higher costs to lost opportunities while outlining company efforts to address the gap. Industry data and rival actions undersc…
soyacincau.comworld67 days ago
Malaysia Raises Minimum Price and Power Requirements for Fully Imported EVs Starting July
The Ministry of Investment, Trade and Industry issued regulations that raise the minimum retail price and power output for fully imported electric vehicles. The changes, effective from July, set insurance and freight costs at a minimum of 200,000 ringgit ($51,000) and power outpu…
Substrate placeholder — needs reviewworld68 days ago
ITF Summit Discusses Role of Hydrogen Alongside Battery Electric Vehicles in Decarbonizing Transport
Automobile industry leaders speaking at the 2026 International Transport Forum in Leipzig urged governments to build infrastructure supporting both battery electric and hydrogen fuel-cell vehicles. Mark Freymueller of Hyundai Energy & Hydrogen Europe and Peter Mackey of Air Liqui…
National Reviewpolitics68 days ago
U.S. Imposes Tariffs on European Cars
U.S. officials have threatened to raise tariffs on cars imported from Europe. The move signals continued trade priorities for investors and partners. It could drive up prices and reduce options for affordable vehicles.
Benzingafinance68 days ago
Lucid Group Reports Q1 2026 Earnings, Plans 2027 Midsize EV Production Ramp
Lucid Group Inc. held its first-quarter 2026 earnings call, highlighting plans for a sub-$50,000 midsize electric vehicle to boost market volumes. Interim CEO Marc Winterhoff announced a 2027 production ramp aimed at reducing costs and expanding customer access. Uber Technologies…
Newsweektechnology68 days ago
Mercedes-Benz Unveils Electric VLE Limousine and Plans Maybach GLS Flagship Amid Major Investments
Mercedes-Benz has revealed the battery-electric VLE, a high-riding limousine seating up to eight and targeted at VIP customers. The company also plans to introduce the ultra-luxury Mercedes-Maybach GLS as its vans flagship, with significant investments in production facilities ac…
app.buzzsumo.comtechnology69 days ago
Rivian Developing Undisclosed Variants of Smaller R2 Electric Vehicle, CEO States
Rivian is working on undisclosed variants of its smaller R2 electric vehicle, according to CEO RJ Scaringe. He indicated that the company's Georgia facility supports different variations, including a potential R2X. The statements were made tonight and reported via Reuters.
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thehindu.compolitics69 days ago
U.S. Raises Tariffs on EU Cars and Trucks to 25%
President Trump announced an increase in tariffs on cars and lorries imported from the European Union to 25% from 15%, citing non-compliance with a trade deal reached last year. The move exempts vehicles made in the U.S. by EU companies and follows recent diplomatic tensions. EU…
Al Jazeerapolitics69 days ago
U.S. Raises Tariffs on EU Cars and Trucks to 25%
U.S. President Donald Trump announced last week an increase in tariffs on cars and trucks manufactured in the European Union from 15 percent to 25 percent, citing non-compliance with a July 2025 trade deal. The European Commission rejected the claim, as the deal remains unimpleme…
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GB Newsfinance69 days ago
Nissan to Cut 10% of European Workforce and Merge UK Plant Production Lines
Nissan plans to reduce its European workforce by around 10 percent as part of a global restructuring. The Japanese carmaker will combine two production lines at its Sunderland plant in the UK and cut 900 office jobs across several countries. The moves follow the company's announc…