Industry

Ford and Geely to Establish Joint Venture in Spain for New Car Production

Ford and Geely to Establish Joint Venture in Spain for New Car Production

Production in Valencia will be shared by the two companies, with the first models appearing in 2028

German Car Market in 2025: Who Leads and Why Cars Have Turned Gray

German Car Market in 2025: Who Leads and Why Cars Have Turned Gray

Volkswagen maintains its lead, crossovers continue to strengthen their positions, and electric vehicle sales show confident growth

Tesla to increase EV production in Germany, create 3,500 new jobs

Tesla to increase EV production in Germany, create 3,500 new jobs

The company plans to almost double production at its factory near Berlin, despite staff reductions at several European car manufacturers

New Car Sales in Russia Down Another 3% in a Week

New Car Sales in Russia Down Another 3% in a Week

The passenger car market maintains stable demand, but July results may be slightly weaker than June's

Passenger car imports from China to Russia tripled in a year

Passenger car imports from China to Russia tripled in a year

In June, the volume of supplies reached $1.24 billion, thanks to which Russia maintained its second place among the largest purchasing countries.

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