Industry

BYD Becomes Official Automotive Partner of Paris Saint-Germain Football Club

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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