Automotive Industry News
A collection of Automotive latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Why is Volkswagen suddenly planning one of the biggest job cuts in auto industry history?
Volkswagen plans to slash 50,000 jobs in Germany by 2030 after reporting a sharp drop in annual operating profit for 2025. Europe's largest automaker is more aggressively cutting costs as increased competition in China and hefty tariffs imposed by…
Iran War Begins To Ripple Through The Global Auto Industry
The war in Iran could send ripple effects across the auto industry. The consequences may stretch beyond higher oil prices alone. Shipping delays and parts shortages are beginning to surface. The growing strife in the Middle East is no longer a mere…
Where the auto supply chain is most threatened by the Iran war
Aluminum, plastics and other materials are at risk from supply chain disruptions as a result of the Iran war, which could have ripple effects for the global auto industry. That comes as automakers are confronting tariffs and massive spending on…
Men's March Madness 2026 auto-bids tracker: Siena, Gonzaga latest to earn NCAA Tournament spots
In the final days before Selection Sunday, 31 of the 68 spots in the 2026 men's NCAA Tournament will be clinched by teams winning their conference's automatic bids. Championship week is a smorgasbord of nonstop basketball. We're tracking every…
Auto sales rise 43pc in July-February
KARACHI: As the tractor sector continues to struggle, sales of cars, sport utility vehicles, pickups, and vans reached 17,121 units in February, showing a 42 per cent increase year-on-year (YoY) but a 26pc decrease month-on-month (MoM). This took…
Hyundai Motor ranks 2nd in operating profit among global automotive peers in 2025
Hyundai Motor Group, the world's third-largest automaker by sales, ranked second among global automotive groups in terms of operating profit in 2025, industry data showed Wednesday. According to an analysis of earnings data released by the groups…
China Auto Sales Drop 15% as Subsidy End Deepens Holiday Slump
China's vehicle deliveries fell 15% in February, as the phasing out of government subsidies worsened the usual Lunar New Year holiday slump. Vehicle wholesales dropped to about 1.8 million units last month, data from the China Association of…
Auto sales sink in China as phase out of subsidies for trade-ins hits demand
China's domestic passenger car sales fell 34.2% in February from a year earlier, an industry association said Wednesday, reflecting weakening demand as some trade-in subsidies are phased out. Only 950,000 units of passenger cars were sold in China…
Pzena Global Small Cap Focused Value Strategy Maintains Its Confidence in Advance Auto Parts (AAP)
Pzena Investment Management recently released its fourth-quarter 2025 commentary for “Pzena Global Small Cap Focused Value Strategy.” A copy of the letter is available for download here. Robust earnings and improved investor sentiment…
Auto Renault Lists India Among 3 Key Growth Hubs Outside Europe
Between now and 2030, four new models will be designed and assembled in India, including 100 per cent electric and full-hybrid cars. French automaker Renault on Tuesday announced its new strategic plan, futuREady, through which the company has set…
Bezos-backed Slate Auto Gets Second CEO Before First Truck Rolls Off Line
Slate Auto shuffled the top executives at the fledgling electric vehicle maker, naming a new CEO and moving his predecessor into a new role before the keys to the first small pickup have been given to the buyer. Backed by Amazon founder Jeff Bezos…
China's BYD Explores F1 Entry in First Auto Racing Push
BYD Co. is examining options to enter competitive motorsport including Formula One and endurance racing, in an effort to boost the Chinese brand's appeal globally, according to people familiar with the matter. The automaker is looking at several…
Wholesale used auto prices rose in February ahead of the spring selling season (KMX:NYSE)
The Manheim Used Vehicle Value Index for February showed a firming wholesale market, with prices rising more than is typical for the time of year and demand indicators pointing to a robust start to the spring selling season. The index increased to…
News analysis: European carmakers cut jobs amid EV transition, rising competition
LONDON, March 10 (Xinhua) -- A wave of layoffs announced by major European carmakers is highlighting mounting pressures on the region's automotive industry, as weakening external demand, intensifying global competition and the costly transition to…
Geely beats BYD sales in first 2 months of 2026 to become China's top carmaker
Geely Auto has gained the upper hand in mainland China's intensifying automotive sector, as its diverse product line-up pays off after electric vehicle (EV) king BYD suffered a setback following partial withdrawal of a tax break. Controlled by…
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