Oil prices have surged over 2% on Monday, with Brent futures climbing to $74.81 per barrel and West Texas Intermediate (WTI) crude reaching $71.30 per …
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INDUSTRY NEWSLatest News
Mitsubishi and Nissan to collaborate on autonomous driving and EV battery services
In a move that signals a deepening collaboration between two of Japan’s automotive and industrial powerhouses, Mitsubishi Corporation and Nissan Motor Company have announced plans …
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The rear spoiler enhances the aerodynamic characteristics of the Verna while the new colour option takes the total available monotone options to eight.
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In 2023, Czech Republic produced 1.4 million vehicles, making it one of Europe’s largest automotive manufacturers per capita.
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Luca de Meo, the Chief Executive Officer of French automaker Renault, has stated that these tariffs are based on rules set by the World Trade …
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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 …