Stellantis has announced a recall for a significant number of Ram 1500 pickup trucks sold in the United States. The recall, which was confirmed by …
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The Brussels site, which employs approximately 3,000 workers, has been flagged for potential closure due to dwindling demand for Audi’s higher-end electric vehicles.
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INDUSTRY NEWSLatest News
Italy to cut USD 5 billion in automotive industry support, sparking backlash
The proposed funding cuts could exacerbate tensions between the Italian government and Stellantis, the country’s only major automaker.
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Volkswagen AG, Europe’s largest automaker, is contemplating sweeping cost-cutting measures at its core brand, including a substantial 10% wage reduction and a two-year wage freeze, …
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In a landmark decision that intersects labour law and constitutional rights, the U.S. Fifth Circuit Court of Appeals has ruled that the National Labor Relations …
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LG Energy Solution (LGES), one of the world’s leading electric vehicle battery manufacturers, announced a cautious stance toward 2025 on Monday, revealing plans to substantially …
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Porsche AG, the iconic German luxury car manufacturer, announced plans to significantly reduce its dealership network in China, marking a strategic shift in response to …
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Analysts noted that the geopolitical risk premium previously built into oil prices began to decline after Israel’s limited response.
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To navigate its financial challenges, Boeing secured a USD 10 billion credit agreement with major banks including Bank of America and Citibank.
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The CAT 3.0 NXT features app-based battery technology with impressive ranges of 180+ km to 200+ km on a single charge, depending on the battery …