Autos & Transportation
LATEST NEWS FROM AUTOS & TRANSPORTATION
Autos & Transportation
Porsche's first-quarter falls as tariffs, Chinese market bite
Porsche on Wednesday said its first-quarter profit fell by more than a fifth as auto markets remain challenging, piling further pressure on CEO Michael Leiters to cut costs and r...
Autos & Transportation
GKN Aerospace owner Melrose's quarterly revenue jumps; flags freight‑cost inflation
GKN Aerospace owner Melrose Industries reported an 11% jump in first-quarter revenue on Wednesday, supported by the strong performance of wide-body jets, engines, and its repairs ...
Autos & Transportation
Chery's Double T strategy
I got home last night after a long journey from Wuhu, and I am still abuzz from all the things I saw on a two-week trip that took in visits to several carmakers.
Autos & Transportation
Exclusive: China's Hongqi, once favoured by Mao, eyes Stellantis Spain plant for European expansion
Chinese luxury automaker Hongqi, famed as Mao Zedong's preferred car brand, is in talks with Stellantis to build vehicles at one of the Fiat-to-Jeep owner's Spanish plants as it ex...
Autos & Transportation
Chinese EV maker NIO bets on in-house chips to cut reliance on Nvidia
NIO is betting that in-house chip development will sharpen its technological edge and improve profitability, Chief Executive William Li said on Friday, as the Chinese premium EV ...
Autos & Transportation
Hyundai Motor to launch 20 models in five years in new China offensive
Hyundai Motor said on Friday it would roll out 20 new models in China over the next five years as it seeks to revive its fortunes in the world's largest auto market.
Autos & Transportation
Mercedes steels itself for 'roller coaster' competition in Chinese market
Mercedes-Benz will use this year's Beijing auto show to pitch how it plans to navigate China's fiercely competitive car market, where Chief Executive Ola Kaellenius says the Germa...
Autos & Transportation
Elon Musk lays out Terafab AI chip project plan
SpaceX has proposed an initial $55 billion investment to build a semiconductor manufacturing facility in Texas, according to a filing made public on Wednesday.
Autos & Transportation
Tesla lifts 2026 spending plans by a quarter as Musk funds AI and robotic dreams
Tesla sharply raised its spending plan to more than $25 billion for the year as CEO Elon Musk pours money into artificial intelligence, robotics and chips - moves he said were "we...
Autos & Transportation
Rivian starts production of R2 SUVs, deliveries expected later this spring
Rivian on Wednesday started production of its smaller R2 SUVs, with customer deliveries expected later this spring, the electric-vehicle maker said, as it bets on a lower-cost mo...
Autos & Transportation
OPmobility reports 0.4% revenue fall as autos industry weakens
Car parts supplier OPmobility reported a 0.4% fall in first-quarter revenue, excluding currency effects, on Tuesday, as weakness in the automotive industry took its toll.
Autos & Transportation
Tesla expands robotaxi service to Dallas, Houston
Tesla is rolling out its robotaxis in Dallas and Houston, the electric vehicle maker said on Saturday, marking further expansion of its nascent service in the United States since...
Autos & Transportation
Tesla seeks Taiwan chip engineers for Terafab project
Tesla is seeking semiconductor engineers in Taiwan for its Terafab artificial intelligence chip complex, according to job postings on its website.
Autos & Transportation
Musk's staff reaches out to suppliers for Terafab project, Bloomberg News reports
Elon Musk's staff have reached out to chip industry suppliers for his Terafab AI chip complex project with SpaceX and Tesla , Bloomberg News reported on Wednesday.
Autos & Transportation
Pentagon approaches automakers, manufacturers to boost weapons production, WSJ reports
Senior U.S. defense officials have held talks about producing weapons and other military supplies with top executives of companies including General Motors and Ford Motor , the W...
Autos & Transportation
Ford's advanced EV-and-tech chief to leave the company
Doug Field, a Tesla and Apple veteran who has led Ford Motor's electric-vehicle and technology efforts for nearly five years, is leaving the automaker.
Autos & Transportation
Volkswagen's China boss warns of fierce competition in slowing market
Volkswagen is bracing for even tougher competition in China, where the world's largest car market could shrink for the first time in almost a decade, the head of the German carma...
Autos & Transportation
Stellantis first-quarter shipments up 12% year-on-year
CEO Antonio Filosa is focusing on regaining market share as part of turnaround efforts for a company that posted a net loss of 22.3 billion euros ($26.3 billion) last year.
Autos & Transportation