Across the continent, car plants are operating at an average of 55 percent of capacity, according to consultancy AlixPartners.
Tesla’s lower-cost Model Y and Model 3 trims achieve cost savings through small and large deletions, raising questions about how far is too far.
In Germany, the cheapest Model Y is priced at €39,990 but it faces a crowded field of European and Chinese brands offering EVs below €35,000.
A stalled EV strategy, crumbling margins, and geopolitical headwinds have plunged the automaker into crisis mode. CEO Oliver Blume is scrambling to regain control.
General Motors slips major new terms into supplier contracts. Ford’s F-150 Lightning plant will go idle in the wake of an ...
Ineos Automotive ambitions include an expanded product portfolio and U.S. production. But everything depends on regulations in Europe.
New CEO Antonio Filosa has appointed former colleagues from his time in South America to his leadership team, prompting a union to warn that French expertise is “being marginalized.” ...
Ford's new Europe boss, Jim Baumbick, will drive faster and more efficient execution of new products for the region, the automaker said.
A Michigan race for the U.S. Senate focused in part on auto industry issues may decide whether Democrats are able to regain control of the chamber.
Prime Minister Mark Carney was in Washington, D.C. to talk trade and tariffs with U.S. President Donald Trump this week. While nothing changed when it comes to auto tariffs, the two did strike a ...
A surge in demand from Europe and South America enabled the group to counter pressure from China and the United States.
The upscale Korean brand has more than 30 dealerships across Canada, many of them shared located alongside Hyundai stores.
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