Breaking 12:15 Logitech CEO plans to boost spending on R&D and marketing 11:51 Leaked audio recordings allege US-backed plot to destabilize Latin America's left-wing governments 11:40 US and Iran trade fire in the Strait of Hormuz in most serious clash since ceasefire 11:30 US hybrid car sales soar as fuel prices rise 10:30 Mattel investor calls for strategic review as toy demand weakens 10:20 Search for two missing US soldiers in Morocco enters fifth day with 600 personnel deployed 10:15 Vatican’s careful language on Pope-Rubio meeting signals strained relations with Trump administration 09:30 Marco Rubio meets Giorgia Meloni amid tensions between Rome and Washington 09:00 Zyphra's sub-billion parameter AI model matches industry giants on reasoning benchmarks 08:37 Iran threatens UAE will "pay the price" after explosions rock Qeshm island 08:15 US investigates alleged smuggling of Nvidia AI Chips through Thailand 07:59 Trump sets July 4 deadline for EU to ratify trade deal or face higher tariffs 07:03 Microsoft scales back Copilot as the company retreats from its AI-everywhere strategy 17:00 Rave files antitrust lawsuit against Apple over App Store removal 16:45 BlackRock reduces private credit fund valuation by 5% in first quarter 16:20 Nvidia's Jensen Huang calls AI job loss warnings ridiculous and attacks rivals' God complex 16:15 United States sanctions Iraqi oil official and militias over alleged Iran ties 15:56 European climate model puts odds of a super El Niño by November at 100 percent 15:45 Whirlpool shares plunge after weak revenue and dividend suspension 15:23 Rubio visits Rome to ease Trump's rift with the Vatican and Italy 15:00 Trump and Lula meet at White House to address tariffs, minerals and security ties 14:30 Blackstone marks down private credit fund amid software sector concerns 13:02 Anthropic's Claude guided hackers toward water infrastructure control systems in documented cyberattack, report finds 13:00 US Jobless claims rise slightly as labor market remains stable

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Mercedes opens European orders for its all-electric C-Class sedan starting at 67,000 euros

Mercedes-Benz has launched the online configurator for its fully electric C-Class in Germany, marking the commercial European debut of one of its most anticipated electric vehicles. The C 400 4MATIC, the sole variant available at launch, is priced from 67,711 euros and is offered on a leasing basis from......

BMW reaches 2 million electric vehicles, doubling output in just two years

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......

Volvo cars reports decline in sales despite growth in electric vehicle segment

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......

Audi moves forward with US launch of flagship suv despite tariff uncertainty

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 expects limited benefit from possible U.S. tariff refunds, CFO says

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......

General Motors reports 22% rise in core profit driven by strong US truck sales

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,......

Dreame unveils rocket powered electric car with record acceleration claim

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......

Toyota global sales fall again as Middle East demand weakens

Toyota Motor reported a second consecutive monthly decline in global vehicle sales in March 2026, reflecting weaker demand in key regions and disruptions linked to both supply chains and model transitions. The downturn comes despite record production levels, highlighting a widening gap between output......

European electric car sales surge as US market sharply declines

Electric vehicle sales in Europe rose strongly in the first quarter of 2026, while the United States recorded a steep contraction, underscoring a widening transatlantic divide in adoption trends. Data from the European Automobile Manufacturers' Association show that battery electric vehicle registrations......

Porsche sells Bugatti Rimac stake to investor consortium led by HOF Capital

Porsche has agreed to sell its holdings in Bugatti Rimac and Rimac Group to a consortium led by HOF Capital, marking a major strategic exit from a high-profile automotive partnership. The German carmaker is divesting its 45 percent stake in the Bugatti Rimac joint venture as well as its 20.6 percent......

Mitsubishi motors recalls over 108,000 vehicles in the US over liftgate issue

Japanese automaker Mitsubishi Motors has announced the recall of more than 108,000 vehicles in the United States due to a potential safety issue involving the rear liftgate mechanism. According to the National Highway Traffic Safety Administration (NHTSA), the defect relates to the gas spring components......

New EV battery and 600 kW charger signal faster charging era

Two major developments across the electric vehicle supply chain suggest that long charging times may soon decline. China based CATL unveiled a battery capable of recharging in minutes, while ChargePoint introduced a high power charging system designed to deliver faster energy transfer at scale. At its......

Ford recalls nearly 1.4 million vehicles over software issue

U.S. automaker Ford Motor Company has announced a large-scale recall affecting nearly 1.4 million vehicles across the United States due to a software-related issue, according to the National Highway Traffic Safety Administration (NHTSA). The recall is linked to a malfunction in the powertrain control......

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