Business
Japan’s Nissan posted a huge annual net loss of $4.5 billion on Tuesday while confirming reports that it plans to cut 15 percent of...
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Business
Japan’s Honda Motor on Tuesday forecast a 70 percent drop in net profit for the 2025-26 financial year as US trade tariffs weigh on...
Business
Chinese EV battery giant CATL aims to raise $4 billion in its Hong Kong listing scheduled for May 20, said a statement filed to...
Business
The Trump administration’s latest trade deal with Britain unfairly penalizes US automakers that have partnered with Canada and Mexico, a trade group representing Detroit...
World
EU lawmakers on Thursday gave the green light to a delay for European carmakers to meet new emission targets.
Business
Japanese auto giant Toyota on Thursday forecast a 35 percent year-on-year drop in net profit for 2025-26 citing Donald Trump’s vehicle tariffs among other...
Business
German premium carmaker BMW said Wednesday that it expected to largely ride out the impact of US tariffs over the coming year, and that...
Business
Tesla sales nosedived again in Germany last month even as electric vehicle sales rose strongly, data showed.
News
Ford reported a 65 percent drop in first-quarter profits Monday, citing a near-term drag on auto sales from new vehicle launches, as it withdrew...
Business
The carmaker estimated a full-year hit of about $1.5 billion in adjusted operating earnings following President Trump's myriad tariff actions.