PB Balaji, Tata Motors' group CFO, is appointed as the first Indian CEO of Jaguar Land Rover, marking a historic leadership transition. With a rich background in the automotive ind...
Renault Group has completed the acquisition of Nissan's 51% stake in their joint India plant, RNAIPL, becoming the sole owner of the Chennai facility. This strategic move is part o...
BYD Auto Co. Ltd. announced record-breaking sales of 344,296 new energy vehicles (NEVs) in July, with a 27.35% increase in year-to-date sales. The company also reported significant...
Maruti Suzuki reports a marginal increase in Q1 net profit to Rs 3,792 crore, with strong overseas shipments offsetting domestic sales drop. The company demonstrates resilience in ...
The UK government has pledged a £1 billion export guarantee to Ford Motor Company to support its transition to electric vehicle production, marking a significant step towards susta...
BMW Group's Q2 2025 revenue fell by 8.2% to €33.93 billion, impacted by currency effects and lower demand in China. Net profit and EPS also saw significant declines, though global ...
Ford Motor Company announced a 5% increase in Q2 revenue to $50.2 billion, despite a net loss of $36 million. The company anticipates a full-year adjusted EBIT of $6.5 billion to $...
Renault SA appoints Francois Provost as new CEO and Chairman, effective July 31. With 23 years at Renault, Provost's expertise is expected to drive the company's strategic plans fo...
Hyundai Motor Group Chairman Chung Eui-sun heads to Washington to support Korea-U.S. tariff negotiations, joining other Korean conglomerate leaders in a unified effort to secure fa...
Mercedes-Benz Group AG announced a 9.5% drop in Q2 2025 revenue to €33.2 billion, with net income falling sharply to €957 million. CEO Ola Kaellenius highlights the importance of i...
Nissan Motor Corp. reports a 9.7% revenue drop to ¥2.7 trillion in Q1 2025, citing lower sales, adverse exchange rates, and U.S. tariffs. The company faces a net loss of ¥115.8 bil...
Stellantis N.V. reports a 13% drop in H1 2025 net revenues to €74.3B, with a net loss of €2.3B, compared to a €5.6B profit in 2024. CEO Antonio Filosa highlights gradual improvemen...
The European Automobile Manufacturers’ Association (ACEA) applauds the new US-EU trade deal as a step towards easing tensions but warns of the negative impact of continued 15% tari...
Hyundai Motor Company reported a 7.3% revenue increase to $35.1 billion in Q2 2025, despite declines in operating and net profits. Sales reached a five-year high, showcasing resili...
Stellantis NV expects €74.3 billion in H1 fiscal 2025 revenues but projects a €2.3 billion net loss. The company anticipates a stronger second half with new products, despite a 6% ...
Volvo Car AB announces the start of XC60 SUV production in the US by late 2026 at its South Carolina plant, enhancing its market competitiveness and supporting local jobs, as part ...
Nissan Motor Co. Ltd. plans to end vehicle production at its Oppama plant by March 2028, shifting focus towards sustainability and operational efficiency. Other facilities in the a...
India's used car market is set to surpass 6 million sales this fiscal, growing over twice as fast as new cars. Driven by digital adoption and better financing, the market reflects ...
In the first half of 2025, China's auto sales surged by 11.4% to over 15.6 million units, with new energy vehicles making up 44.3% of total sales, marking a significant shift towar...
Hyundai Motor Group has begun construction on its first Middle East manufacturing plant in Saudi Arabia, marking a significant expansion into the region. The ceremony at King Salma...
Tata Motors shares fell 3% after reporting a 51% drop in Q4 profits, attributed to weaker volumes and lower operating leverage. The company also expressed concerns over global unce...
Jaguar Land Rover is set to benefit from the India-UK free trade agreement, reducing import duties on future vehicles to 10%. The US-UK trade deal also offers a tariff reduction, p...
Tata Motors is reassessing Jaguar Land Rover's profit targets due to new US tariffs and a UK-US trade deal, highlighting challenges global automakers face in uncertain trade enviro...
Tata Motors reports a 51% decline in Q4 net profit to Rs 8,556 crore, announces a Rs 6 dividend per share, and outlines strategic plans amidst global trade challenges and a focus o...
Nissan Motor Corporation reported a slight revenue decrease to ¥12.6 trillion in FY2024, with a significant net loss of ¥670.9 billion, contrasting sharply with the previous year's...
Honda Motor Co. Ltd. reports a 24.5% drop in fiscal year profits to ¥835.8 billion, with earnings per share falling to ¥178.93. The company anticipates further challenges due to gl...
Honda Motor Co., Ltd. has postponed its plan to establish a comprehensive EV value chain in Canada by two years due to slowing demand. The company aims for EVs to represent 100% of...
Nissan Motor Co., Ltd. plans a significant workforce reduction, cutting over 10,000 jobs globally, as part of its strategy to address financial challenges. This follows an earlier ...
Toyota reports a historic net income of $21.6 billion in fiscal 2025, marking a significant achievement in its financial performance and setting a new industry benchmark.
BMW Group's Q1 2025 revenue fell 7.8% to €34B, surpassing expectations despite a challenging market. Net profit dropped 26.4%, and deliveries decreased by 1.4%. Leadership highligh...
Rivian Automotive Inc. reported a steady Q1 revenue of $1.2 billion for fiscal 2025, with reduced net and operational losses. CEO RJ Scaringe highlighted progress on the R2 project...
Continental AG warns of the global impact of tariffs and trade restrictions, citing significant uncertainty for the economic outlook. The company reports stable sales but notes a d...
