Major European car manufacturers like Volkswagen and Stellantis have warned of a challenging year ahead.

The layoffs follow the cancellation of Tesla’s long-promised inexpensive car, expected to cost USD 25,000, that investors have been counting on.

Ford Motor Company commemorates the 60th anniversary of its iconic Mustang with a special event in Charlotte, North Carolina, unveiling the new 60th Anniversary Package. …

Honda has revealed its next-generation Ye Series range of electric vehicles in China. By 2027, Honda plans to launch a total of six Ye Series …

This strategic move aims to enhance Volkswagen’s competitive edge and offer more affordable EV options in its largest market, China.

This move towards an engineering analysis, a mandatory step preceding potential recalls, highlights the seriousness of concerns regarding the AEB functionality.

Musk’s compensation plan, which excludes salary or cash bonuses, hinges on Tesla’s market value soaring to potentially reach USD 650 billion within the next decade.

Oil prices experienced a downward trend for the third consecutive day on Wednesday, influenced by multiple factors including expectations of higher U.S. commercial inventories and …

This investment is part of the automaker’s strategic initiative to prepare the facility for the production of a new SUV model slated for launch in …

This move aims to bolster Nissan’s competitiveness in the EV market amid fierce competition from industry leaders like Tesla and BYD.