Volkswagen may cut 50,000 more jobs, CEO tells staff
Volkswagen (VW) CEO Oliver Blume has warned staff that a further 50,000 jobs could be axed, the first internal acknowledgement …
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Dealership model getting stronger in US – OEM survey
Kerrigan Advisors have released the results of its fourth annual OEM survey, providing insights into the perspectives of US automotive …
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Mercedes-Benz expands Hungarian plant with €1bn investment
Mercedes-Benz has completed a €1bn ($1.14bn) expansion of its Kecskemét plant in Hungary. The upgrade forms part of Mercedes-Benz Business Plan …
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BYD, Covestro agree long-term collaboration on advanced materials
BYD and materials company Covestro have agreed to build a long-term partnership centred on advanced material applications across several business areas. The agreement marks a move …
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Dongfeng eyes Canada EV entry via reduced tariff quota
Dongfeng Motor is preparing to enter Canada's electric vehicle (EV) market, capitalising on a low-tariff quota negotiated by Prime Minister …
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Lepas makes UK public debut at Goodwood Festival of Speed
At this year’s Goodwood Festival of Speed, Lepas (a brand of Chery International), made its UK public debut introducing the …
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Gigafactory Malaysia set to launch EV battery production
Malaysia is set to launch small-scale electric vehicle battery production this month based on domestically-developed battery technology, according to a …
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Chinese vehicle sales decline 3% in June
Sales of Chinese-made vehicles, including exports, declined by 3.2% to 2.81 million units in June 2026 after rising by 14% …
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BMW Group deliveries dip in second quarter as China demand slumps
BMW Group's worldwide deliveries slipped 4.9% in the second quarter to 590,962 units, hit by a 30.2% fall in China. The …
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Stellantis Reports Q2 2026 shipments up 10%
Stellantis has released its Q2 2026 estimated consolidated shipments. It said consolidated shipments for the three months ended June 30, 2026, …
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MG previews retro-styled electric small car to rival R5
SAIC-owned MG has shown a small electric car concept that previews a new production model expected in 2027. Shown at …
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Carmakers win bulk of first UK High Court diesel emissions ruling
Carmakers have broadly won the first round in UK diesel emissions litigation, as the High Court rejected most of the …
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Volkswagen board rejects restructuring proposal – report
Volkswagen’s (VW) supervisory board has voted against a restructuring proposal put forward by management underlining the scale of the challenge …
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Indian vehicle market stable as strong fundamentals offset cost pressures
India's Light Vehicle (LV) market remained broadly stable in May 2026 on a month-on-month (MoM) basis, demonstrating resilience despite higher …
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VinFast’s domestic sales surge 58% in June
Vietnamese battery electric vehicle (BEV) manufacturer VinFast Auto announced that its domestic light passenger vehicle sales surged by 58% year-on-year …
