Daimler Truck AG reports an 8% decline in global Q1 2025 sales, with notable drops in Mercedes-Benz Trucks and North America units, while Asia and Buses segments show growth.
In March, the UK witnessed a 12.4% surge in car registrations, with electric vehicles leading the charge. Diesel and petrol cars declined, while BEVs, PHEVs, and HEVs saw significa...
European carmakers experienced a sharp decline in share prices after US President Donald Trump imposed a 25% tariff on non-North American made cars, sparking warnings from the ACEA...
European car manufacturers saw their shares decline after US President Trump imposed a 25% tariff on non-US made cars, raising concerns over global market impacts and potential eff...
Ferrari CEO Benedetto Vigna discusses the company's readiness for US auto tariffs, emphasizing strategic countermeasures and a watchful approach to market changes. President Trump'...
Ashok Leyland's Q3 net profit soared by 31% to Rs 762 crore, driven by a 33% increase in export volumes. The company shipped 4,151 units internationally, up from 3,128 units last y...
JSW Group is in advanced talks to acquire Everstone Capital's 8% stake in MG India, aiming to increase its stake and strengthen its position in the automotive sector. The deal focu...
In 2024, UK new car registrations increased by 2.6%, reaching 1.95 million units. However, electric vehicle sales did not meet the government's 22% target, achieving only 19.6% mar...
Italian Prime Minister Giorgia Meloni stated on Monday that the government does not want to engage in the ongoing management changes at Stellantis NV as the carmaker announced the ...
