UK car industry faces tough choice between Chinese, European market
Britain’s automobile industry is facing a difficult decision over its trade policy towards China, as growing competition from Chinese carmakers and proposed European Union...
Chinese hybrid car sales surge in EU: Data
Sales of Chinese-made hybrid cars in the European Union have risen sharply over the past four and a half years, intensifying concerns in Brussels...
Volkswagen to cut 100k jobs by 2030 amid mounting global competition
German automobile giant Volkswagen has confirmed plans to eliminate a total of 100,000 jobs by 2030 as part of one of the most extensive...
Volkswagen weighs massive job cuts as Chinese competition intensifies
Volkswagen is reportedly preparing one of the biggest restructuring exercises in its history, with plans that could see up to 100,000 jobs eliminated worldwide...
Jaguar Land Rover drops plan for EV only factory
Luxury carmaker Jaguar Land Rover (JLR) has revised its ambitious electrification strategy, abandoning plans to convert its Halewood manufacturing facility in the United Kingdom...
UK electric cars become cheaper than petrol vehicles for the first time
In a significant milestone for the automotive industry, new electric cars in the United Kingdom have, for the first time, become cheaper on average...
Major carmakers in Australia fall short of new climate standards
Australia’s automotive industry is facing a potential shake-up as new data reveals a significant number of global car manufacturers may be hit with heavy...
Canada plan to shield auto sector, revive EV push
Prime Minister Mark Carney on Thursday announced a broad package of measures aimed at stabilising Canada’s auto sector and accelerating its transition to electric...
Tesla posts revenue decline as focus shifts to AI and robotics
Tesla has reported a fall in its annual revenue for the first time, marking a significant turning point for the electric vehicle maker as...