Automotive Industry News
A collection of Automotive latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Schaeffler to Cut Further 3,460 Jobs in Europe as Auto Industry Deteriorates
Schaeffler said it would cut a further 3,460 jobs in Europe, representing around 3.2% of its global workforce, as part of fresh plans to cut costs as the automotive industry downturn intensifies. The German auto industry supplier said Tuesday that…
Kotak Pioneer Fund's Sector Mix Includes Health, Auto Parts and Industry
Shibani Kurian says India's innovation investment case extends beyond technology into healthcare, auto parts and industry, themes also reflected in the sector mix of Kotak Mahindra Asset Management Company's Pioneer Fund. Kotak's portfolio data…
Swiss Auto Market Rises Slightly in October
In October, the number of new cars registered on Swiss roads rose once again. Electric cars, in particular, are in high demand. (Stock photo) The Swiss auto market saw another slight increase in October 2026. A total of 18,986 new passenger cars…
Gentex Corporation (GNTX) Presents at 50th Annual Automotive Symposium Transcript
Gentex Corporation (GNTX) 50th Annual Automotive Symposium November 2, 2026 3:30 PM EST Steven Downing - President, CEO & Director Kevin Nash - VP of Finance, CFO, Treasurer & Chief Accounting Officer Brian Sponheimer - Gabelli Funds, LLC Okay…
Schaeffler Plans Job Cuts, Site Closures as Auto Demand Falters
Schaeffler AG is set to close five sites in Europe, targeting another round of job cuts as the Volkswagen AG supplier shrinks high-cost operations in Germany. The firm will eliminate 3,460 jobs in Europe, some three quarters of those in Germany…
German auto crisis deepens as supplier announces job cuts, site closures
Like other German carmakers and suppliers, the group has struggled with competition for its key products, which include ball bearings and electric vehicle parts, especially from Chinese manufacturers. Three-fourths of the 3,460 job cuts and four of…
Advance Auto Parts vs. Dick's Sporting Goods: Diverging Revenue Trends in Consumer Retail
Advance Auto Parts (AAP +4.46%) primarily earns its living by operating thousands of retail locations that supply automotive replacement parts, batteries, specialty tools, accessories, and essential maintenance fluids to professional mechanics and…
Amara Raja, Motherson and Belrise chart new growth paths in auto supply chain
Updated - November 03, 2026 at 01:45 PM. Amara Raja Energy & Mobility's ₹100-crore push into automotive services and technology partnerships by Belrise Industries and Motherson are highlighting a shift across India's automotive supply chain…
Advance Auto Parts vs. GameStop: Do Cars or Collectibles Make for a Better Buy for 2027?
Investors often weigh the stability of automotive maintenance against the volatile transformation of gaming. Choosing between Advance Auto Parts (AAP +4.46%) and GameStop (GME +0.37%) requires balancing current turnaround efforts with long-term…
Care-First auto insurance savings are now here
Auto insurance renewals in Alberta are now $300 less on average as a result of government's Care-First auto insurance reforms EDMONTON, AB, Nov. 2, 2026 /CNW/ -- Yes, Really! Alberta drivers are saving $300 on average now that Care-First savings…
Flying Traffic Cone concept transforms into a Drone to auto-assemble itself on roads
The traffic cone is basically a Rorschach test for the internet generation. Construction workers see a long night shift, college kids see dorm decor, and anyone who's ever downloaded a movie sees VLC. I mostly see something to swerve around. Xinhao…
Question of the Day: Republicans, Democrats or None of the Above?
Who doesn't like a gimmick? Certainly we aren't immune to it here so with Election Day tomorrow we encourage everyone to go out and vote. Voting comes with responsibility. That means different things to different people, but right here it means how…
Automaker crisis: Why Germany lags in race to build 'car of tomorrow
For decades, “German engineering” was synonymous with arguably the world's best cars: the symphonic hum of an exquisitely calibrated internal combustion engine, combined with the elegant appointments of a meticulously crafted autobahn…
Using Android Auto with a Samsung Galaxy phone? The new update might break it for you
The Android Auto logo against a blurred background. | Image by PhoneArena The biggest mobile tech stories, delivered twice a week By subscribing you agree to our terms and conditions and privacy policy. A spiking number of Samsung Galaxy devices…
South African Businesses See 'Minimal' Impact of AGOA Exclusion
The Trump administration's decision to exclude South Africa from the African Growth and Opportunity Act will have a “minimal impact” on the economy as a whole, according to business leaders and economists. It will, however, likely…
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