Trump’s tariffs could cost carmakers up to 17% of combined core profits, S&P says
Analysts and experts fear the tariffs could be more damaging for European car makers.
Northvolt crisis may be make or break for Europe’s EV battery ambitions
Northvolt’s bankruptcy highlights Europe’s struggle to build a battery industry amid Chinese dominance and slowing EV demand.
Wolfspeed ousts CEO Gregg Lowe as slowing EV sales hit growth
Chipmaker Wolfspeed ousts CEO Gregg Lowe amid EV demand slowdown; shares rise six per cent as company plans layoffs and factory closure.
India says Mercedes improved pollution management at plant after failing checks
Mercedes is India's top luxury car seller — and it plans to invest $24 million in India this year.
Chipmaker Wolfspeed projects revenue below estimates on weak auto demand, shares sink
Shares of the company, which counts General Motors and Mercedes-Benz among its customers, fell 15 per cent in extended trading.
European car safety agency snubs BYD’s Atto 3 driver assistance system
MILAN — Europe’s car safety agency has issued a “not recommended” rating to the driver assistance system used in BYD’s Atto 3 EV,...
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.
Qualcomm, Alphabet team up for automotive AI; Mercedes inks chip deal
Qualcomm and Google partner to help automakers build custom AI voice assistants using combined chip and software technology.
Mercedes-Benz opens own recycling factory to close the battery loop
KUPPENHEIM, Germany--(BUSINESS WIRE)--Mercedes-Benz today opened Europe's first battery recycling plant with an integrated mechanical-hydrometallurgical process making it the first car manufacturer worldwide1 to...
German carmakers should not be afraid of Chinese competition, says Scholz
German carmakers need not fear China, says Chancellor Scholz, citing past competition from South Korea and Japan.
