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...

Honda Motor has announced a major strategic shift, scaling back its electric vehicle (EV) investments and redirecting its focus toward hybrid models in response to waning global EV demand. The automaker has reduced its planned...

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...

Tesla’s plummeting sales across Europe in April are not merely a reflection of market dynamics or shifting consumer preferences—they are a symptom of something deeper: a growing rebellion against a brand and a figure that...