Industry

Mercedes-Benz Wants to Reduce Production Costs in Germany: Workers Offered More Hours for the Same Pay
The company is increasing cost pressure amid expensive domestic production while expanding its plant capacity in Hungary

Volkswagen to halve its model range and cut 50,000 jobs: betting on more expensive technologies
By 2035, the concern wants to reduce the number of equipment options by 75%, directing resources to the most in-demand cars

A truck factory will be built in Buryatia for 12 billion rubles: the first electric vehicles are planned to be assembled in September
Its full capacity is planned to be reached by 2036

China gradually phases out EV benefits: batteries are already being taxed
The current rate is 2%, and from September 2027, it will increase to 4%

Volkswagen may abandon SEAT by 2029: the Spanish brand will give way to Cupra
The concern has to cut costs and at the same time reduce the number of overlapping brands and models

Xiaomi to Start Selling Cars in Germany in 2027: Company Finds Eight Major Dealers
The Chinese giant is officially preparing to enter the European automotive market

Volkswagen prepares to halt production at four German plants: production to be moved to other European countries
Car production in Emden and Zwickau could end in 2031, in Hanover in 2032, and at the Audi plant in Neckarsulm in 2034

In Norway, 98.7% of new passenger cars were electric vehicles
This is the best monthly result on record

Honda and Nissan to Merge Automotive Software: First Cars with Shared Electronics to Appear in 2029
After failed merger talks, Japanese auto giants found a new point of cooperation

New Transmission Plant for Russian Trucks to Be Built Near Saratov
The enterprise promises to be a highly automated and digital production facility

The car market revived by the end of summer, but a fall growth is still far off
In the last week of August, sales of new cars in Russia slightly increased, but compared to last year, the market is still in the red

European Chip Manufacturer Becomes Direct Supplier to BYD
Belgian Melexis signed a direct agreement with the Chinese automotive giant

From 1499 to 150 hp: How Borders Dictate Engine Building
A difference of one cubic centimeter or one horsepower can change payment amounts significantly

Xiaomi has started looking for dealers in Europe: car launch scheduled for 2027
The company has begun deploying sales and after-sales service infrastructure

Why BMW Doesn't Want to Return to Formula 1
While Mercedes, Audi, Ford, and Cadillac are increasing their presence, the Bavarians are betting on WEC, IMSA, and customer GT3