BMW AG’s carmaking profits will lag well below its long-term targets this year, weighed down by escalating trade tensions ...
Shanghai, which is also home to ventures by General Motors and Volkswagen (VW), was the country's largest car manufacturing centre until 2021, when production reached 2.83 million, accounting for ...
The German manufacturer expects an automaking margin of between 5% and 7% this year, after the measure fell to 6.3% in 2024, ...
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 ...
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 ...
I’m astonished this move by BMW hasn’t attracted more attention. It calls into question not only production at Cowley, a site employing well over 3,000 people, but is a moment of truth for mass ...
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 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]( ...
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 ...