In the second quarter, BMW Group net profit plunged 31.9% to €1.84bn from last year’s €2.71bn. Earnings per share were €2.85, down 29.6 percent from last year. Pre-tax earnings or EBT fell 32.3% ...

Ford has disclosed its financial outcomes for the second quarter (Q2) of 2025, revealing a net loss of $36m, mainly due to special charges and electric vehicle programme cancellation costs. For the ...

Mercedes-Benz Group has reported “robust” financial performance in the second quarter (Q2) 2025 with strong cash flow.

As tensions between the US and China continue to shape global trade, tariffs have become a central weapon in their economic standoff. Tariffs are essentially taxes or duties imposed by a government on ...

Toyota Motor Corporation reported a 2.7% year-on-year rise in global group sales to 937,246 vehicles in June 2025.

Nissan Motor announced a further deterioration in its financial performance in the first quarter of the current fiscal (FY25), from April to June 2025.

The US government has agreed to lower tariffs on many South Korean imports, including vehicles, to 15%, following protracted negotiations between representatives of their respective governments in the ...

Honda and Nissan have long been collaborating well before their merger talks became public last year. The have worked together on a wide range of projects including the production of mini vehicles and ...

Gestamp, an automotive component manufacturer, has reported a significant reduction in net debt and an increase in profitability for H1 2025.

Magna is enhancing vehicle safety with its interior sensing systems, aimed at protecting occupants by monitoring various conditions.

Alphabet's autonomous driving unit Waymo has unveiled plans to introduce a fully autonomous ride-hailing service in Dallas, US, by 2026.