The rescue of Aston Martin is not a story of revival. It is a story of the financial machinery that now governs a wounded industrial economy. The 113-year-old British automaker, a symbol once associated with...

BMW has confirmed it will not attend this year’s Paris Motor Show, as new CEO Milan Nedeljkovic focuses on reducing costs following a major profit warning. The automaker said its decision to withdraw from the October event was...

Spain is turning to Chinese investment as it seeks to strengthen its automotive sector and accelerate the transition to electric vehicles. A government report highlights Madrid’s strategy of attracting major Chinese-backed projects while aiming to...

Lucid Motors has reportedly hired restructuring specialist AlixPartners as the electric vehicle maker confronts mounting financial and operational challenges. The move comes alongside approximately 2,400 job cuts, the appointment of a new chief financial officer,...

Remember when the pandemic left carmakers desperately hunting for chips like they’d vanished off the face of the Earth? Bosch certainly does. And rather than risk another semiconductor famine, the German engineering giant has switched...

BMW and Volkswagen Group reported declining second-quarter vehicle sales, mainly due to a sharp downturn in China, where weaker consumer spending, a property crisis, and intense competition from domestic EV makers such as BYD have...