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...

In a significant shift, BYD overtook Tesla in European electric vehicle (EV) sales for the first time, registering 7,231 battery EVs in April compared to Tesla’s 7,165, according toindustry analysts. This milestone highlights BYD’s rapid...

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...

Toyota Motor, the world’s largest automaker, has projected a stark 20% decline in profits for the fiscal year ending March 2026. Behind this financial contraction lies a tangled web of geopolitical brinkmanship and symbolised most...