Auto giant Stellantis, whose brands include Jeep, Peugeot and Fiat, on Wednesday named company veteran Antonio Filosa as its new chief executive officer as the US-European group navigates US tariffs and slumping North American sales.
Sales of cars made by Elon Musk's Tesla slumped by more than half in April as Chinese electric carmakers saw their share surge, the continent's manufacturing association said Tuesday.
Chinese tech giant Baidu plans to start testing self-driving taxis in Europe for the first time by the end of this year, a source with knowledge of the matter confirmed to AFP on Wednesday.
Japan's Nissan posted an annual net loss of $4.5 billion on Tuesday while saying it plans to cut 15 percent of its global workforce and warning about the possible impact of US tariffs.
Japan's Honda Motor on Tuesday forecast a 70 percent drop in net profit for the 2025-26 financial year as US trade tariffs weigh on the global auto industry.
(The Center Square) – A group founded by former Vice President Mike Pence warned Monday that President Donald Trump's auto tariffs could raise prices for vehicle owners across the country and potentially hurt the nation's auto capital in Detroit.
(The Center Square) – President Donald Trump's framework for a trade deal with the United Kingdom includes lower tariffs on vehicles from that nation, a move that U.S. automakers oppose.
The Trump administration's latest trade deal with Britain unfairly penalizes US automakers that have partnered with Canada and Mexico, a trade group representing Detroit automakers said Thursday.
Japanese auto giant Toyota forecast on Thursday a 35 percent year-on-year drop in net profit for the current financial year, citing Donald Trump's vehicle tariffs among other factors.
Tariffs are raising prices for cars and car insurance. Find out how tariffs could affect certain auto costs in each state.