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2 mins read
Parts supplier cuts thousands of jobs as Germany's auto woes deepen
Auto parts supplier Schaeffler plans to reduce its workforce and close two locations, just days aft…
Tom Carter
4 mins read
Volkswagen stumbles in China as Germany's auto giants struggle to compete in the EV race
Volkswagen is mulling the closure of factories in Germany for the first time to cut costs, while ri…
Tom Carter
2 mins read
The China threat and the EV slowdown— 2 takeaways from a busy few weeks in auto news
EV leaders are facing roadblocks heading into the final quarter of 2024.
Nora Naughton
3 mins read
Marc Andreessen says US carmakers need to make a $20,000 EV if they don't want to 'lose the auto industry' to China
Marc Andreessen and Ben Horowitz said Chinese electric vehicles from companies like Xiaomi are beat…
Jaures Yip
3 mins read
China's EV giants shine at Europe's largest auto show while local rivals despair
Chinese automakers revealed new EVs at the Paris Motor Show, highlighting their technological edge …
Tom Carter
5 mins read
Your car reflects your personality, and data proves it. But America's auto obsession brings hidden downsides.
We looked at 1.7 million listings of different makes and models driven in the US, data show what th…
Dan DeFrancesco
3 mins read
We should be learning from Chinese EV players, not shutting them out of Europe — auto bosses say
European auto bosses criticized the EU's Chinese EV tariffs and emphasized the need to learn from C…
Tom Carter
3 mins read
I've taken the Amtrak Auto Train, where you take your car with you, over a dozen times. It's great for overpackers who want to reduce driving time.
The Amtrak Auto Train is great for anyone who doesn't want to drive to or from Florida. I've taken …
Bobbi Dempsey
2 mins read
The Western auto industry is now locked in a 'Darwinian' make-or-break battle with China, the chiefs of 2 major automakers warn
Ford CEO Jim Farley told a board member that the Chinese auto industry is an "existential threat" a…
Kwan Wei Kevin Tan
2 mins read
India Inc. stares at an earnings dearth in Q2, FMCG, auto, and consumer durables falter
Indian companies, particularly in consumer-focused sectors, faced a challenging second quarter due …
2 mins read
Festive consumption growth halved in 2024 as urban demand slacks, notes Nomura
Nomura reports festive consumption growth has dropped to 15% this year. Analysts observed slower gr…
2 mins read
October auto sales – Maruti Suzuki and Tata Motors report a decline, Mahindra continues to grow
The month of October 2024 has not been the best for automakers despite the festive season in India.…
2 mins read
Demand for 2-wheelers and tractors shows positive momentum as rural sentiment sees lift, notes Motilal Oswal
The demand for the passenger vehicle and commercial vehicles moderated in October while the demand …
2 mins read
Ford's CEO and CFO took a drive in a Chinese EV. What they said next reveals a lot about the state of the US auto industry.
"These guys are ahead of us," Ford CFO John Lawler told the company's CEO Jim Farley after the two …
Kwan Wei Kevin Tan
1 min read
Indian consumers shift gears toward luxury and sustainability in the auto sector: Survey
Consumers in India show a growing interest in premium and sustainable vehicles, with 85% leaning to…
2 mins read
Stock market ends lower on Monday; Investors eye Hyundai listing and RBI minutes
Bajaj Auto, HDFC Bank, Asian Paints, Mahindra & Mahindra (M&M), and Eicher Motors emerged as the to…
ANI
2 mins read
Tesla stock could soar 50% as it broadens beyond autos and as Musk exerts more political influence, Morgan Stanley says
Morgan Stanley analysts say Tesla will surge if it can expand to be an AI giant, which may be more …
Kelly Cloonan
2 mins read
Consumer goods, auto and healthcare sector to expand but energy may face challenge in 2025: Report
Geopolitical tensions will challenge the energy sector through 2025, but investments in renewable e…
ANI
2 mins read
Carmakers expect festive period to bring in robust sales, improve overall buyer sentiment
Auto industry players in India pin hopes on the ongoing festive season, which spans from Onam to Di…
PTI
2 mins read
FADA urges banks to tighten funding to dealers as rains play spoilsport in August
Auto sales in India experienced a significant decline in August 2024, primarily due to excessive ra…