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BMW Group announced Tuesday that it had produced its two millionth fully electric vehicle, a Tanzanite Blue BMW i5 M60 xDrive sedan assembled at its Dingolfing plant in Germany and destined for a customer in Spain. The milestone marks a dramatic acceleration in the company's electrification trajectory......
Swedish automaker Volvo Cars has reported a decline in global sales for the period between February and April, reflecting ongoing challenges in the automotive industry. The company sold over 160,000 vehicles during the three-month period, marking a drop compared to the same timeframe last year. Regional......
German automaker Audi is moving forward with plans to launch its flagship SUV, the Q9, in the United States market this summer. The decision comes despite uncertainty surrounding potential increases in tariffs on European automotive imports. Tariff concerns Loom The possible rise in tariffs—reportedly......
Volkswagen AG is expected to see only limited financial relief even if it succeeds in securing refunds on U.S. import tariffs, according to the company’s chief financial officer. Speaking on Thursday, CFO Arno Antlitz said that any potential reimbursement linked to tariffs imposed by the United......
Mercedes-Benz has finalized an agreement to sell its leasing subsidiary Athlon to French banking group BNP Paribas, marking a strategic move to streamline its financial operations and strengthen liquidity. The German automotive manufacturer confirmed that the transaction was signed in April and is expected......
Chinese electric vehicle giant BYD is facing serious allegations of labor rights abuses at the construction site of its factory in Szeged, Hungary, raising fresh concerns over working conditions linked to China’s industrial expansion in Europe. According to a report published by the non-governmental......
General Motors reported a strong increase in its first-quarter performance, with core profit rising by 22% year-on-year, supported by solid demand in the US truck market and improved profit margins in North America. The Detroit-based automaker posted earnings before interest and taxes of $4.3 billion,......
Chinese appliance maker Dreame Technology has introduced a concept electric vehicle equipped with rocket boosters, claiming performance levels that could surpass any production car to date. The Nebula NEXT 01 JET Edition was revealed in San Francisco, where the company said the vehicle can accelerate......
Chery is considering manufacturing a compact electric vehicle in Europe as part of its strategy to strengthen its presence in the region. The move reflects growing efforts by Chinese carmakers to localize production and adapt to regulatory and consumer expectations across European markets. The company......
Ferrari is preparing to enter competitive offshore sailing with the launch of Hypersail, a 30 meter carbon monohull designed for long distance voyages and record attempts at sea. Scheduled for completion by the end of 2026, the project marks a strategic expansion of the brand’s engineering expertise......
Porsche has unveiled the Porsche 975 RSE, a next-generation Formula E car designed to align with the upcoming GEN4 regulations, marking a decisive shift in the electric racing series. Presented on April 20, the model reflects a broader transformation of the championship, which is moving from an experimental......
Ford has announced a new performance milestone with its Ford Mustang GTD Competition, which recorded a lap time of 6 minutes 40.835 seconds on the Nürburgring Nordschleife. The result improves on the previous benchmark set by the Mustang GTD and reinforces the brand’s position among top-performing......
The 2026 Beijing Auto Show, held from April 24 to May 3, marks a turning point in the global automotive landscape. With 1,451 vehicles on display, including 181 world premieres, the event has expanded far beyond a traditional exhibition. Covering 380,000 square meters across two major venues, it reflects......
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