Keywords: Vehicle
Mercedes-Benz has rejected reports that it is developing a new electric vehicle platform in China based on technology from its partner Geely Auto, calling the claim inaccurate and fabricated. The report, first published on March 4 by Chinese business outlet 36Kr and later circulated across international......
Porsche’s operating profit plunged by 98 percent in 2025, falling to just 90 million euros from 5.3 billion euros a year earlier after billions of euros in charges tied to a major shift away from its all electric vehicle strategy wiped out nearly all earnings. The results, released Tuesday as part......
Stellantis Maroc has introduced a new incentive program aimed at modernizing Morocco’s vehicle fleet and supporting the country’s transition toward cleaner mobility. The initiative, called ECO BONUS, offers financial support to motorists who replace aging vehicles with electrified models......
Chinese automaker BYD posted strong sales growth across major European markets in February 2026, reinforcing its expansion on the continent while narrowing the gap with Tesla. The increase comes as the company continues to strengthen its presence in Europe despite weaker performance in its domestic market. In......
Jeff Bezos’ artificial intelligence venture Project Prometheus is seeking tens of billions of dollars to build a new holding company that will buy industrial businesses reshaped by AI, deepening the Amazon founder’s latest return to an executive role in the technology sector. The planned......
Stellantis has reported a record €22.3 billion net loss for the 2025 fiscal year, marking the worst result in the automaker’s history. The results reveal the high financial toll of dismantling its costly electric vehicle expansion strategy, a move that led to €25.4 billion in charges......
Spanish authorities announced on Monday the dismantling of a structured network involved in the fraudulent re-export of vehicles from Spain to third countries, following an investigation that began on November 19, 2025, under customs control procedures. Six individuals, aged between 32 and 45, were......
Renault Group has reported a net loss of €10 billion, a headline figure that contrasts sharply with what executives describe as one of the strongest financial positions in the company’s history. The discrepancy is largely the result of exceptional accounting charges tied to Renault’s......
Tesla chief executive Elon Musk said Sunday that he expects the company to command the largest fleet of autonomous vehicles “as far as I can imagine into the future,” as the electric carmaker expands its early stage robotaxi service across the United States. Musk made the remarks on X, the......
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