BMW AG’s carmaking profits will lag well below its long-term targets this year, weighed down by escalating trade tensions ...
The German manufacturer expects an automaking margin of between 5% and 7% this year, after the measure fell to 6.3% in 2024, ...
Carmakers face fierce competition from Chinese vehicles, many of which are cheaper and, according to commentators, of far superior quality - Yves Herman/Reuters ...
BMW has halted a £600m overhaul of Cowley, it emerged last weekend, amid slow demand for electric vehicles (EVs) and the UK’s ...
Shanghai has taken a big step towards reclaiming the title as the country’s largest vehicle production hub following Toyota Motor’s plan to make cars in the city. The metropolis, which has been ...
The U.S. will increase its planned 25% tariffs on Canadian steel and aluminum to 50%, President Trump said on Truth Social on Tuesday, in response to [Ottawa’s retaliation to U.S. tariffs]( ...
Elon Musk's Tesla will install a factory to build electric cars in Mexico, which will be the company's first in Latin America, President Andrés Manuel López Obrador (AMLO) confirmed Tuesday ...
The tariffs pose an “existential’’ threat to North American auto production, said David Gantz, a fellow at Rice University’s Baker Institute for Public Policy. They will push up “the cost of ...
The one and only will.i.am has decided to throw his hat into the carmaking ring with a new company that he is calling IAMAUTO. If the guy who invented Paypal can start his own car company ...
Mercedes-Benz Group AG expects its carmaking margin to drop to as low as 6% this year as it grapples with fierce competition and uneven demand in the global auto market. The manufacturer plans to ...
Among British car factories, Nissan at Sunderland is the most productive and Jaguar Land Rover at Solihull probably the most ...