Industry News
Volkswagen’s electric Golf has hit an unexpected speed bump, with the German car giant suspending development work at its Wolfsburg headquarters as it struggles to meet increasingly demanding cost-cutting targets. The decision is an uncomfortable...
By DCB Editorial
October 30, 2026
Mercedes-Benz is undertaking a comprehensive review of its China operations after a sharp decline in deliveries and profitability intensified pressure on its business in the world’s largest automotive market. The German automaker reported a 31%...
By DCB Editorial
October 29, 2026
General Motors (GM) plans to introduce hybrid versions of the Chevrolet Traverse, Buick Enclave and GMC Acadia at its Lansing Delta Township plant in Michigan. The move signals a further shift in the automaker’s strategy...
By DCB Editorial
October 29, 2026
Volvo Cars has hit another pothole on the road to recovery, with shares plunging almost 30% on Friday after the Swedish automaker reported a third-quarter operating loss of 3.7 billion Swedish crowns ($373 million). Analysts...
By Brian Denton
October 23, 2026
China has warned the UK it will take “firm countermeasures” if Britain introduces additional tariffs on Chinese electric vehicles, as the government considers aligning its trade policy more closely with the European Union. China’s Ministry...
By DCB Editorial
October 22, 2026
Group 1 Automotive has completed its approximately $1.3 billion acquisition of Hennessy Automobile Companies’ assets in the greater Atlanta, Georgia, market, expanding its dealership network in the southeastern United States. Finalised on Monday, the transaction...
By DCB Editorial
October 22, 2026