Automotive

Renault Slashes Engineering Workforce Amidst Rising Chinese Competition

Renault plans to cut 15-20% of its global engineering staff over the next two years to boost agility and compete with rising Chinese automakers.

Strait of Hormuz Tensions Escalate: Iran Closes Key Waterway Amid Attacks and US Blockade

Tensions surge as Iran closes the Strait of Hormuz following attacks on ships and a US blockade. Explore the latest developments, diplomatic efforts, and global impact.

Trump Administration Accelerates Psychedelic Research for PTSD, Sparking Hope and Controversy

President Trump signs executive order to accelerate research into ibogaine and other psychedelics for PTSD treatment, sparking debate and hope.

US-Peru Tensions Flare: F-16 Deal Postponed Amidst Concerns Over Chinese Port Investment

US-Peru relations strained as F-16 deal is postponed, sparking US backlash and renewed focus on China's strategic port investment in Chancay.

Rubis Explores Potential Merger with Trafigura’s Puma Energy Unit

French fuel distributor Rubis SCA is reportedly in talks to combine with Trafigura Group's Puma Energy unit in a potential cash and share deal valued up to €2.5 billion, aiming to expand its global reach.

China Bans Hidden Car Door Handles Starting Jan. 1, 2027, Citing Emergency Safety Risks

China will require mechanical interior and exterior door releases on passenger vehicles starting in 2027, accelerating design changes for models using retractable, flush handles. Automakers have until 2029 to update already-approved models.

China’s Dongfeng Eyes Turkish Production for Passenger Cars

Chinese automaker Dongfeng Motor is reportedly in discussions with an investor to establish passenger car production in Turkey. This move signals a growing trend...

Geely Auto Overtakes Volkswagen in China, Securing Second Place Amidst Shifting Market Dynamics

Geely Auto has experienced a significant surge in China's automotive market, surpassing Volkswagen and claiming the second position in sales. This shift underscores the...

Toyota Electrifies Iconic Hilux Pickup for European Market

Toyota has officially unveiled the all-electric version of its legendary Hilux pickup truck at the Brussels Motor Show. This marks a significant step for...

Automakers Slash Prices in China as Competition Intensifies and Sales Decline

Major automakers, including BMW and General Motors, are implementing significant price cuts on a wide range of vehicles in China. This aggressive strategy comes...

EU and China Inch Towards Resolution on Electric Vehicle Tariffs

The European Union and China have taken a significant step towards de-escalating their trade dispute over electric vehicles (EVs). The European Commission has released...

Volkswagen’s China Market Share Shrinks as Geely Auto Surges

Volkswagen has experienced a notable decline in sales within the crucial Chinese market, leading to a drop in its ranking as Geely Auto continues...

Xiaomi SU7 EV Gets Major Overhaul: Enhanced Range, Safety, and Performance Challenge Tesla

Xiaomi has officially opened pre-orders for a significantly upgraded version of its popular SU7 electric sedan. The refreshed model boasts notable improvements in range,...

Ford Offers Subprime Buyers Special Financing to Boost F-150 Sales

Ford Motor is ramping up efforts to drive sales of its flagship F-150 pickup truck before the close of the third quarter, launching a...

Ford Expedition SUV Sales Surge 54%, Marking 21-Year High

Ford’s redesigned three-row Expedition SUV is driving impressive sales growth for the automaker. In August, Ford sold 8,724 Expeditions, a 53.7% increase from the...

Classic Car Market Faces Generational Shift as Monterey Auctions Hit $400 Million

Monterey and Pebble Beach are set to host one of the largest classic car events of the year, with an estimated $367 million to...

Ford Beats Q2 Revenue Expectations and Reinstates Full-Year Guidance Despite Tariff Challenges

Ford Motor reported second-quarter revenue that exceeded expectations and reinstated its full-year guidance, despite ongoing challenges from tariffs imposed by the U.S. government. The...

Stellantis Reinstates Guidance Amid €2.3B Loss, Forecasts Gradual Recovery

Stellantis, the automotive group behind brands like Jeep, Dodge, Fiat, Chrysler, and Peugeot, has reinstated its financial guidance after reporting a first-half net loss...

Tesla’s Robotaxi Plans Face Regulatory Hurdles in California

Tesla’s ambitions to expand its robotaxi service into the San Francisco Bay Area are running into roadblocks from California state regulators. While CEO Elon...

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