Automakers around the world are raising urgent concerns about a looming shortage of rare-earth magnets from China that threatens to disrupt vehicle production within weeks. These magnets are essential to a wide range of automotive...

Volkswagen Group CEO Oliver Blume confirmed that the company is engaged in “fair” and “constructive” talks with the U.S. government regarding import tariffs. In an interview with Sueddeutsche Zeitung, Blume said discussions, primarily with U.S....

Volvo Cars announced it will cut 3,000 mostly white-collar jobs as part of a major restructuring to combat high costs, declining EV demand, and trade uncertainties. The move follows a plan unveiled in April by...

At Volkswagen’s recent virtual annual meeting, the façade of corporate unity began to crack, revealing a deeper rot beneath the polished surface of Europe’s most iconic carmaker. Shareholders, weary and increasingly disillusioned, voiced scathing criticism...

Amazon’s self-driving unit Zoox has agreed to recall 270 autonomous vehicles after one of its unoccupied robotaxis was involved in a crash with a passenger car in Las Vegas on April 8. While no injuries...

Nissan Motor’s announcement of more than 10,000 additional job cuts, bringing the total to approximately 20,000, or 15% of its global workforce. The company, facing a staggering net loss of up to 750 billion yen...