Japanese automakers Honda and Nissan are reportedly in discussions to establish a joint holding company, a move that could reshape the landscape of the global automotive industry. The potential partnership … Read More
Stellantis, the world’s fourth-largest automaker, is undergoing a strategic overhaul under the leadership of John Elkann, following the abrupt resignation of CEO Carlos Tavares. The company, which owns iconic brands … Read More
Electric vehicle (EV) maker Rivian has received a significant boost to its ambitious expansion plans. The U.S. Department of Energy (DOE) has conditionally approved a $6.6 billion loan to support … Read More
Volkswagen Group (VW) and U.S.-based electric vehicle (EV) maker Rivian have announced a new phase in their partnership, forming a joint venture valued at $5.8 billion (approximately £4.55 billion). This … Read More
Toyota Motor Corp. is planning to increase its annual production capacity in China to 2.5 million vehicles by 2030, according to three people familiar with the matter. This move marks … Read More
In a surprising turn of events, Stellantis N.V. and its Chinese partner, Leapmotor, have decided to abandon their plans to manufacture a second electric vehicle (EV) model at Stellantis’ plant … Read More
General Motors (GM) announced today that it will discontinue production of the Cadillac XT4 compact luxury SUV in January 2025. This decision aligns with the automaker’s broader strategy to transition … Read More
In a recent announcement that sent ripples through the tech and automotive industries, Tesla CEO Elon Musk revealed the company’s ambitious plan to launch a fully autonomous robo-taxi service by … Read More
General Motors Co. (GM) stock soared on Tuesday after the automaker reported quarterly earnings that topped analysts’ expectations, fueled by a “remarkably” resilient consumer demand. The company’s strong results underscore … Read More
In a significant move that underscores the rising importance of artificial intelligence (AI) in the automotive sector, Qualcomm Technologies has announced a strategic partnership with Alphabet’s Google Cloud to accelerate … Read More
