EV charges and tariff costs drive Honda’s automotive unit to an operating loss, as the Nexperia semiconductor shortage adds insult to injury by chopping 110,000 vehicles off sales.
Louis Schweitzer was "a visionary and bold leader who contributed to the modernization and internationalization" of Renault, the automaker's chairman, Jean-Dominique Senard, said.
Advanced driver-assistance capabilities are an important pillar in Tesla’s push to revive sales in China, where it’s losing ground to popular domestic brands, as well as Musk’s broader vision to make ...
Musk told investors Tesla’s growth depends on Optimus humanoid robots, Cybercab robotaxis and boosting vehicle production as autonomy nears.
Stephane Sejourne, the bloc's industry chief, said the EU must show flexibility in achieving its goal of phasing out internal combustion cars by 2035. He also hinted at measures against Chinese ...
The automaker cut its full-year forecast by 21 percent as EV costs and the chip shortage at Nexperia also weighed on profits.
Aumovio, Continental's former autos unit, has received an exemption from China's ban on Nexperia chip exports. The German government said it is hopeful that other individual permits will quickly reach ...
OPmobility, formerly called Plastic Omnium, will be led by Felicie Burelle, a member of the founding Burelle family, until a new CEO is appointed.
The federal budget tabled Nov. 4 made no mention of EV rebates. That is despite repeated pledges by cabinet ministers this year about bringing back consumer incentives after the iZEV program ran out ...
Several major auto suppliers — including Forvia, American Axle & Manufacturing, Lear and Adient — are skipping CES this year, while Magna has scaled back its presence.
New-car sales in Germany remain below pre-pandemic levels as automakers retreat from the budget segment, and dwindling buying power has shifted demand to the used market.
Consumers can book for a month or longer before handing back the keys, skirting traditional car ownership nuisances such as maintenance and depreciation.