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…
Auto & Transport Roundup: Market Talk
The latest Market Talks covering the Auto and Transport sector. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET. 0752 GMT – Deutsche Lufthansa shares are likely to rise after the company's latest quarterly…
MP Materials Corp. (MP) Presents at 50th Annual Automotive Symposium Transcript
MP Materials Corp. (MP) 50th Annual Automotive Symposium November 3, 2026 11:30 AM EST Ryan Corbett - Chief Financial Officer Brian Sponheimer - Gabelli Funds, LLC So we're really fortunate a couple of years ago to pivot a bit from the traditional…
Baden-Wurttemberg Task Force Seeks Flexibility in EU Auto Emissions Rules
A Baden-Wurttemberg automotive task force is urging Germany and the European Union to loosen emissions compliance rules and support lower-carbon fuels, seeking more room for manufacturers during the sector's transition. A 10-point agenda reported…
BMW cuts automotive outlook for second time as restructuring deepens
Nov 3 (Reuters) – BMW cut the profit margin outlook for its core automotive business on Tuesday for the second time in five months, citing one-off costs from accelerating job cuts and restructuring it launched this year as…
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…
Grand Theft Auto' community organizing 'last ride' on old game before release of 'GTA VI,' but why?
November is finally upon us, and aside from setting our clocks back an hour, that also means we are a little more than two weeks away from the release of ' Grand Theft Auto VI.' The hotly anticipated title is set to drop on November 19, and the…
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…
Trump, Carney Float a Deal to End the Auto-Tariff War
Just before the U.S. midterms, Canada and the United States are suddenly sounding chummy about the trade war they've been waging since summer. Make of that timing what you will. Prime Minister Mark Carney said Sunday he'd held a constructive…
Tata Motors Iveco Merger: India's Auto Giant Forms World's 4th Largest CV Group
Tata Motors has solidified its position on the global stage by acquiring a majority stake in Italy's Iveco, forming the world's fourth-largest commercial vehicle group with a staggering combined revenue of Rs 2.28 lakh crore. Tata Motors'…
Automotive Resistive Dividers Go to the 'Extreme'
Megohm and kilovolt resistors in cars — it's not what you expect. TI's new resistive dividers bring high resistance, voltage, and precision. 6aea4f8572bfe6e90d6d0fe0 Dreamstime Shuowang 29297393 You normally associate voltage dividers that…
Android Auto 18.1 update rolling out with additional prep for light mode and redesign
Google is rolling out Android Auto 18.1 to the masses and, while there are no major changes, the update continues to work on upcoming changes. Following Android Auto 18.0's release in mid-October, Google released v18.1 to the beta track in late…
Germany's car industry faces fresh cuts as Schaeffler axes 3,460 jobs and eyes defense
Schaeffler plans to cut 3,460 jobs and close five European sites, with about 2,660 job cuts and four closures in Germany, ultimately reducing its workforce by 18% by 2028. The restructuring aims to address overcapacity and high costs as demand for…
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…
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