Volkswagen stake impairment pushes parent Porsche SE to Q1 net loss
Volkswagen holding company Porsche SE recorded a net loss after tax of €923m ($1.08bn) in the first quarter of 2026, …
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Xpeng pursues European production base via VW talks – report
Chinese electric vehicle (EV) maker Xpeng is in discussions with Volkswagen (VW) and other carmakers over acquiring a production facility …
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Chery, Autobacs form partnership to launch new BEV brand in Japan
Chinese automaker Chery Automobile has established a partnership with Japanese automotive retailer Autobacs Seven, with the aim of launching a …
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Nissan reports 5% drop in revenues in FY25
Nissan Motor Company reported a 1.7% year-on-year drop in global revenues to JPY 3,429.9 billion (US$ 21.7 billion) in the …
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Indonesian vehicle sales surge 55% in April
New vehicle sales in Indonesia surged by 55% to 80,776 units in April 2026, up from weak year-earlier sales of …
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Xpeng pursues European production base via VW talks – report
Chinese electric vehicle (EV) maker Xpeng is in discussions with Volkswagen (VW) and other carmakers over acquiring a production facility …
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Chery, Autobacs form partnership to launch new BEV brand in Japan
Chinese automaker Chery Automobile has established a partnership with Japanese automotive retailer Autobacs Seven, with the aim of launching a …
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Nissan reports 5% drop in revenues in FY25
Nissan Motor Company reported a 1.7% year-on-year drop in global revenues to JPY 3,429.9 billion (US$ 21.7 billion) in the …
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Indonesian vehicle sales surge 55% in April
New vehicle sales in Indonesia surged by 55% to 80,776 units in April 2026, up from weak year-earlier sales of …
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Aptiv to supply Gen 8 radar platform for Volvo vehicles from 2028
Volvo Cars has selected Aptiv’s Gen 8 radar platform for deployment across future vehicle models, with production set to begin …
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Mercedes-Benz adopts n8n platform for company-wide AI automation
Mercedes-Benz has partnered with German low-code automation firm n8n to roll out artificial intelligence (AI)-powered workflow automation across its business. The …
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Stellantis and Ford back Chinese partnerships to survive European slump – report
Stellantis and Ford said partnerships with Chinese manufacturers and established rivals are becoming necessary in a European car market marked …
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Tesla commits $250m to Berlin gigafactory expansion
Tesla is committing $250m to its Berlin-Brandenburg gigafactory in Germany, with the aim of expanding battery cell production and advancing …
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Mazda reports net profits of JPY 35bn in FY25
Japanese automaker Mazda Motor Corporation reported a 2% drop in global revenues to JPY 4,918.2 billion (US$ 32.6 billion) in …
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Bridgestone to close its Taiwanese tyre plant
Japanese tyre manufacturer Bridgestone Corporation announced that it plans to close its tyre manufacturing plant in Taiwan, a decision “based …
