Focus on Manufacturing
Stellantis to start making new Lancia Gamma at Italy’s Melfi plant in 2026
Stellantis to start Lancia Gamma production in 2026 at Melfi plant, aiming to boost Italian output amid falling local production.
China Evergrande’s EV unit to cease discussions for stake sale
China Evergrande NEV’s potential sellers end stake sale talks; liquidators continue seeking buyers amid rising losses.
Mercedes car earnings plunge as China shuns luxury
Mercedes-Benz's Q3 earnings in the car division fell 64%, missing estimates, due to a weak Chinese market and model revamp costs.
VW’s Scout Motors unit will offer EV SUVs, trucks with gas engine option
Volkswagen's Scout Motors unveiled electric SUV and truck concepts with up to 500-mile range, adding gas engines for extended range.
German air-taxi maker Lilium’s units to file for insolvency, shares plunge
Lilium's German subsidiaries filed for insolvency amid a cash crunch, sending shares down 57 per cent.
Thaw in China ties unlikely to deter India’s plans for steel tariffs, source says
China's surging steel exports spark complaints from a growing number of countries, with some citing harm to domestic manufacturers.
Tesla promises paid robotaxis next year, but significant hurdles remain
Tesla CEO Elon Musk says driverless ride-hailing will launch in California and Texas next year, facing significant regulatory hurdles.
Hyundai Motor’s Q3 operating profit falls 7% from a year earlier
Hyundai warns of slowing demand, posts seven per cent drop in Q3 profit, but maintains 2024 earnings target; shares fall five per cent...
Renault beats Q3 forecasts as new launches lift sales
Renault posted a surprise Q3 revenue rise, driven by demand for new hybrids, despite declining sales volumes amid a tough market.
US lawmakers pressure automaker Stellantis on investment commitments
The union and the Jeep-maker have been in a bitter battle after Stellantis said it would delay a planned investment to reopen an...
