California is moving to revive electric-vehicle demand after the federal government eliminated the clean-vehicle tax credit that had offered eligible buyers up to $7,500. Governor Gavin Newsom has signed legislation creating the MyFirstEV Zero Emissions Vehicles...

Australia’s household spending continued to show resilience in June, rising more strongly than expected despite higher borrowing costs, according to new data from the Australian Bureau of Statistics (ABS). Household spending increased by 0.8% during...

Lucid Group has reported weaker-than-expected second-quarter results as the electric vehicle maker embarks on an “operational reset” under new CEO Silvio Napoli, delaying its next midsize model while prioritising its robotaxi programme. The company now expects...

BMW’s troubles are not merely a quarterly setback. They are a symptom of a deeper transformation reshaping the global automobile industry—a transformation in which the old industrial order is being challenged by forces it no...

Ford and Geely have decided that if you can’t beat the future, you might as well build it together. The American giant and Chinese automotive powerhouse are teaming up on a new European manufacturing venture that...

Volkswagen has discovered the hard way that building millions of cars is easier than making money from them. The German giant has cut its 2026 revenue forecast after a bruising second quarter, with rising costs,...