Output declined 8 percent to 717,371 units after a cyberattack crippled Jaguar Land Rover and U.S. tariffs took a toll on the country’s automakers.
VW is shipping vehicles from China to the Middle East and Southeast Asia. It’s also eyeing selling Chinese models in Africa and South America, CEO Oliver Blume said.
Automakers are calling on the government to simplify compliance with the United States-Mexico-Canada Agreement, which is up for review this year, but to keep large parts of the agreement consistent.
Chinese automakers see opportunity in the U.S., but analysts warn tariffs and politics make meaningful entry far from imminent.
Board cuts at VW, Mercedes and Stellantis signal a deeper crisis facing European automakers — one that cost-cutting alone won’t solve, experts say.
The China Electronic Architecture, or CEA, architecture consolidates vehicle electronics into centralized zones, reducing complexity and lowering costs.
Tesla is shifting its investments away from passenger vehicles to focus on autonomy, robotaxis and large-scale production of humanoid robots.
The Federal Reserve kept its benchmark interest rate target at 3.5 percent to 3.75 percent, offering no immediate relief for dealers and buyers as vehicle payments rise.
General Motors took more than $7 billion in charges related to scaling back electric vehicle production, reducing net income.
Toyota's decision to separate Gazoo Racing as its own brand will be felt at the motorsports level globally, including in North America.
What automotive leaders revealed about putting artificial intelligence to work across vehicles, factories and enterprise operations.
General Motors took more than $7 billion in charges related to scaling back electric vehicle production, reducing net income.