Automotive
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 automaker had suspended its guidance...
Eli Lilly’s Mounjaro Shows Heart Health Benefits Over Trulicity in Landmark Trial
Eli Lilly announced that its diabetes drug Mounjaro has demonstrated heart health benefits in...
Best Buy to Launch Ikea Mini-Showrooms in Select Stores
Best Buy announced plans to introduce mini-showrooms within some of its stores, featuring Ikea...
JPMorgan Chase Expands with 1,000 New Branches in Seven Years
JPMorgan Chase has opened 1,000 new branches over the past seven years, a number...
Moderna Announces 10% Workforce Reduction Amid Declining Covid Vaccine Sales
Moderna announced plans to reduce its global workforce by about 10% by the end...
European Commission Probes Chinese EV Subsidies: A Game-Changer for Auto Industry?
On Wednesday, the European Commission launched a significant probe to determine whether there's a need to levy punitive tariffs on Chinese electric vehicle (EV)...
ABB’s Strategic Swedish Robotics Investment: A Reflection of Global Production Shifts
In a recent announcement, ABB, a leading Swiss engineering and technology group, revealed its decision to allocate a sum of $280 million to establish...
Shiyan: A Green and Innovative Hub in China’s Automotive Landscape
Shiyan, a city located in the northwestern part of Hubei Province in Central China, has played a pivotal role in the nation's industrial development....
China’s booming NEV market attracts global luxury carmakers
Luxury carmakers from around the world flocked to the China International Consumer Products Expo, held in Haikou, the capital of China's Hainan province, to...
FAW Toyota enters China’s electric car market with new bZ3 sedan
FAW Toyota, a joint venture between China's FAW Group and Japan's Toyota, launched its mid-sized electric sedan bZ3 on Sunday. The model is the...
A New Player in Town: GAC Aion Launches Hyper GT, its First Model Under the Hyper Marque
Chinese carmaker GAC Aion has launched presales for the Hyper GT, the first model under its new Hyper marque, in Shanghai ahead of the...
ISUZU China Launches New Website, Providing Customers with Easy Access to Its Range of Trucks and Services
Discover the new website of Qingling ISUZU Vehicles. Browse through ISUZU's range of vehicles and after-sales services, and customize your vehicle online.
The Kaola: Arcfox’s innovative electric vehicle catering to mother-infant mobility needs in China
On Sunday, the China Maternal and Child Health Association released a new standard for maternal and infant-friendly vehicles, filling a gap in current mobility...
ADI Collaborates with Chinese Manufacturers to Develop Automotive Chips
During the annual China EV 100 Forum in Beijing from March 31 to April 2, Analog Devices, Inc (ADI) pledged to maintain its commitment...
JD.com Partners with Top Tire Brands to Expand Market Share in Post-COVID Era
China's leading e-commerce giant, JD, has launched a campaign to expand its market share in the tire market, which is expected to witness growth...
Changan’s Latest Yida Sedan Features Baidu’s Ernie Bot, Setting New Standards in the Chinese Auto Industry
Changan, a Chinese carmaker, has unveiled its latest creation - the Yida sedan, and it's turning heads for being the first mass-produced vehicle in...
China Takes the Lead in Global Autonomous Vehicle Race with Approval of Driverless Rides
On Friday, Beijing gave the green light for autonomous driving services to operate without in-car safety supervisors for the first time. This marks a...
SAIC Motor’s subsidiary Anji leads Chinese auto exports, shipping 600,000 vehicles globally
Anji, a logistics subsidiary of SAIC Motor, recently dispatched its Ro-Ro cargo vessel, Phoenix, loaded with around 1,000 MG vehicles, from Ningde, a city...
BMW leads industry transformation with aggressive electrification plan
German automaker BMW is pushing forward with an ambitious electrification plan to lead the industry transformation, despite the challenging international market environment in 2022....
