Industry

BYD Becomes Official Automotive Partner of Paris Saint-Germain Football Club
The three-year agreement will help the Chinese automaker strengthen brand awareness in the European market

Chinese automakers face profit decline due to rising raw material and chip prices
Most major companies expect losses or a sharp reduction in revenue in the first half of 2026 amid rising component costs and price competition

Japanese automakers consider component standardization to reduce costs
Major manufacturers are discussing the unification of certain parts to focus resources on software development, driver assistance systems, and new technologies

Former Hungarian Foreign Minister Joins BYD: Chinese Auto Giant Strengthens Position in Europe
Péter Szijjártó to Focus on International Relations and New Business Development

Nissan to Retire Altima and Rogue PHEV: Company Bets on New Hybrids
As part of a major model range reorganization, one of the most famous sedans and a plug-in hybrid crossover will leave the assembly line

Bugatti Opens New Plant for Tourbillon Hypercar: Production Enters a New Era
The La Manufacture complex has opened in Molsheim, where the new car with an atmospheric V16 and a hybrid powertrain of approximately 1800 hp will be prepared for production.

ICE is too early to write off: automakers have brought the efficiency of gasoline engines to a new level
While demand for hybrids is growing, global car manufacturers continue to improve classic power units, making them more economical and efficient

Robots toil, humans strike: Hyundai employees announce strike over factory automation plans
Workers demand not only wage increases but also job security guarantees amid the company's preparations to implement Atlas humanoid robots

Volkswagen Prepares for Massive Model Lineup Reduction: Jetta, Taos, and Even Porsche Taycan at Risk
According to German media, the concern is considering discontinuing several models to cut costs and improve business efficiency.

China exported over a million cars in a month for the first time: half are now electric vehicles
June 2026 was a record-breaking month: overseas shipments exceeded industry expectations, with new energy vehicles being the main growth driver

BYD released its 17-millionth electric vehicle: the flagship Seal 08 became the new record holder
In just six months, the Chinese automotive giant increased production by two million units, and the new sedan has already accumulated over 100,000 orders

Toyota Abandons Hybrid Hilux: Company Considers Technology Still Immature
The manufacturer stated that modern plug-in hybrids are not yet capable of providing the payload and towing capabilities that pickup owners expect.

Tesla Semi competitor embroiled in scandal: Windrose startup accused of delayed salaries and missing truck
The company developing electric long-haul trucks faces claims from former employees and scrutiny after a series of controversial incidents

Subaru unexpectedly revived WRX sales: price reduction increased demand almost fourfold
The return of the base version and a revision of the entire lineup's pricing helped the sports sedan sharply increase its presence in the American market

Why New Cars Have Become Less Affordable: Analysts Found an Unexpected Reason for Rising Costs
Cox Automotive believes the problem isn't just the disappearance of budget models