BMW’s future in China depends on whether its Neue Klasse-based vehicles can compete against rapidly advancing domestic automakers that combine cutting-edge technology with aggressive pricing.
The automaker says the decision is "a competitive priority" of its turnaround plan as it seeks to bounce back from big losses and a disappointing EV push.
The losses reflect an EV market that has not developed to the degree that automakers anticipated years ago. By. Lindsay ...
Porsche, under pressure to cut costs, could merge two lower-volume nameplates into one, according to a recent report.
The base R2 with the standard battery will start around $45,000 with an estimated 275 miles of range when it arrives as a ...
Stellantis is discussing potential investments from China's Xiaomi and Xpeng in its European operations, including possible ...
Ram ProMaster City returning in 2027 | Honda’s import transformation (Kellen Walker) ...
The used EV market is surprising industry watchers as lease returns surge — but demand remains strong despite predictions of a price meltdown.
United States Trade Representative Jamieson Greer says in a news release that the U.S. will no longer sacrifice its industrial base to other countries.
Michigan disbursed hundreds of millions based on capital investment milestones rather than job creation, exposing taxpayers to risk if companies fail. Our Next Energy pivoted from automotive to ...
Honda cancels 3 EVs for U.S., warns of up to $15.8 billion in losses as EV pain deepens The backtracking comes a month after executives called for a “fundamental review” of Honda’s automobile strategy ...
The Commission's proposal, in its current form, would exclude U.K.-made cars from corporate fleets, which account for more than 60 percent of the EU's new-car sales, the SMMT says.
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