Xpeng sets up standalone robotaxi unit
Xpeng has created a dedicated robotaxi business unit as it steps up its work on autonomous driving. The newly established…
All articles by Umesh Ellichipuram
Umesh Ellichipuram
-
-
Lamborghini posts 3.3% revenue rise in 2025 but operating profit falls
Automobili Lamborghini has reported record revenue and deliveries in 2025, while operating income and margin declined from the prior year.…
-
ZF signals more divestments as it targets lower debt
ZF Friedrichshafen its annual report revealed it may sell additional businesses as it works to further reduce net debt. In…
-
Uber to invest up to $1.25bn in Rivian
Uber has agreed to invest up to $1.25bn in Rivian as part of a deal that could see the ride-hailing…
-
VW and BMW prepare for looming US tariffs
Volkswagen (VW) is reportedly developing contingency strategies to address potential US tariffs on imports from Mexico, while its German rival…
-
Mitsubishi Motors considering not joining planned Nissan-Honda merger, sources say
Mitsubishi Motors, part of the Nissan Motor alliance, is reportedly reconsidering its involvement in the proposed merger between Nissan and…
-
Houlihan Lokey leads automotive M&A financial adviser table in 2024
Houlihan Lokey was the top mergers and acquisitions (M&A) financial adviser in the automotive sector during 2024 by both value and…
-
Tata Elxsi, Minespider launch battery management platform MOBIUS+
Tata Elxsi has partnered with Minespider, a provider of blockchain-powered traceability solutions, to introduce MOBIUS+, a platform focused on advanced…
-
European automotive supplier job losses hit record high in 2024: CLEPA report
The European automotive supply industry experienced a challenging year in 2024, with a significant reduction in car production and job…
-
Ford reorganises management in Europe to boost business transformation
Ford Motor Company has implemented a strategic reorganisation of its management team in Europe as part of its ongoing efforts…