AUTO

Volkswagen has already confirmed it is evaluating plans to eliminate up to 100,000 jobs, double the number previously discussed, as part of an effort to restore competitiveness after a sharp earnings decline.

Jefferies has upgraded both Ford Motor and General Motors to "buy," arguing that improving earnings trends and stronger operating performance have created more attractive opportunities for investors.

Volkswagen reported an operating profit of 3.5 billion euros ($3.98 billion), a decline of nearly 10% from last year and well below analysts' expectations of 4.3 billion euros.

America's Car-Mart's cash crunch shows how higher interest rates and financial engineering drove the subprime auto lender toward a cliff.

EV sales rebounded during the second quarter of 2026, suggesting the industry's prolonged downturn may be easing even after the federal electric vehicle tax credit expired last year.

Volkswagen CEO Oliver Blume has warned employees that the German automotive giant may need to eliminate roughly 50,000 additional jobs on top of previously announced workforce reductions.

The move reflects growing pressure on companies to monitor and control AI-related expenses as adoption spreads across corporate teams and platforms.

According to Moe Zaqzouq, founder of Dalo Auto Recycling, the auto recycling industry has traditionally operated in the background of the automotive economy, perceived as a simple endpoint for unwanted vehicles.

The auto sector, which accounts for nearly a fifth of US trade with Canada and Mexico, faces renewed uncertainty over rules governing vehicle parts and manufacturing flows.

Volkswagen is weighing one of the most dramatic restructurings in its nearly 90-year history, with plans that could eliminate up to 100,000 jobs worldwide and close four factories in Germany.

The United States has denied Polestar authorization to sell vehicles in the country from model year 2027 onward, effectively preventing the Sweden-based electric vehicle maker from introducing new models into the US market.

Electric vehicle manufacturer Lucid Group announced Monday that it will cut roughly 18% of its U.S. workforce as part of a broader restructuring effort aimed at reducing costs and improving profitability.

The global automotive aftermarket, a sector valued at approximately $443 billion, continues to evolve as vehicle owners keep cars on the road longer and repair cycles grow more technology-driven.

Factory production posted a solid monthly increase in April, underscoring resilience in the U.S. industrial sector even as external risks weigh on the outlook.

A new analysis found that aggregate auto debt has climbed 37% since early 2018, reaching the highest level ever recorded.

A bipartisan bill is seeking to block imports of Chinese cars, parts, and software over national security concerns, escalating Washington's push to restrict foreign-linked connected vehicle systems amid rising global EV competition.

BYD and other Chinese firms are taking on established competitors from the U.S, Europe, as well as other Asian countries.

As public charging networks expand across cities, reaching more than 5 million stations globally, the simple act of plugging in a vehicle can occasionally leave drivers feeling exposed, vulnerable, or, more importantly, unsafe.

Discover the DDPAI Z60 Pro dash cam with 4K UHD, Dual Sony Starvis, Night Vision, and smart app features, boost safety, insurance support, and peace of mind on the road.

Automakers are balancing investor pressure for profitability against environmental commitments, while policymakers weigh economic pragmatism against climate goals.

For one hundred years, Burgers Carrosserie, a Dutch coachbuilder that evolved into an engineering-led trailer specialist, has crafted precisely those tailored solutions.

Elon Musk first unveiled the Roadster concept in 2017, promising a 0–60 mph time under two seconds. However, production has been repeatedly delayed, with most analysts now expecting a launch no earlier than 2026.

With patents secured across multiple markets, including the United States, and a production-ready design already in hand, Emil Motors is poised to enter large-scale manufacturing and begin deployment in high-volume EV platforms.

Newsom sues federal government, contending that the move unlawfully revokes a nearly fifty-year legacy of California's authority under the Clean Air Act to set stricter emissions standards.

Solana is one of the most recognizable names in blockchain technology. Its place on the global market offers security, efficiency, and speed, three things that MANSORY provides in its luxury customizations.

Like an F1 car that must perform in the sweltering heat of Dubai or rain-soaked track in Suzuka, AI models must operate across diverse environments with this level of control and performance.

Since its first St. Louis showroom was established in 1999, Gateway Classic Cars has remained committed to making fantasies of roaming around scenic roads in vintage convertibles like the 1962 Chevrolet Corvette or cruising down busy city streets in a shiny muscle car like the 1966 Ford Galaxie come true.

The Justice Department revealed that Cruise will pay the fine as part of a deferred prosecution agreement.

The latest recall involves faulty 'defective drive inverters'.