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Marc Andreessen says US carmakers need to make a $20,000 EV if they don't want to 'lose the auto industry' to China
Marc Andreessen and Ben Horowitz said Chinese electric vehicles from companies like Xiaomi are beat…
Jaures Yip
India Inc. stares at an earnings dearth in Q2, FMCG, auto, and consumer durables falter
Indian companies, particularly in consumer-focused sectors, faced a challenging second quarter due …
The Western auto industry is now locked in a 'Darwinian' make-or-break battle with China, the chiefs of 2 major automakers warn
Ford CEO Jim Farley told a board member that the Chinese auto industry is an "existential threat" a…
Kwan Wei Kevin Tan
Carmakers expect festive period to bring in robust sales, improve overall buyer sentiment
Auto industry players in India pin hopes on the ongoing festive season, which spans from Onam to Di…
PTI
Auto Industry sales to surge on the back of improved monsoon, festive season demands: Report
The domestic passenger vehicle industry volumes declined by low single digit in August 2024 as comp…
ANI
Ford's CEO and CFO took a drive in a Chinese EV. What they said next reveals a lot about the state of the US auto industry.
"These guys are ahead of us," Ford CFO John Lawler told the company's CEO Jim Farley after the two …
Kwan Wei Kevin Tan
People are delaying buying new cars, creating a deflationary 'spiral' that's bad news for the auto industry
Delayed vehicle purchases could lead to a "deflationary spiral" and recession for the auto industry…
Nora Naughton
Budget 2024 Expectations: FAME scheme, aid for vehicle scrapping and other expectations of the auto industry
The auto industry eagerly awaits Budget 2024 with expectations like FAME 3 scheme, incentives for h…
Auto sales see a positive trend in June, two-wheeler sales register 21% annual growth: SIAM data
The two wheeler sales in India in June registered a growth of 21.3 per cent year-on-year (Y-o-Y), h…
ANI
Why Musk supports Trump getting rid of EV tax credits
Elon Musk has said ending tax credits of up to $7,500 for electric vehicle purchases would "devasta…
Graham Rapier
Japanese carmakers are losing ground as China surges ahead in the EV race
Toyota, Honda, and Nissan recently reported underwhelming earnings, pressured by China's competitiv…
Tom Carter
Trump's tariffs will make it hard for automakers — including Tesla — to set up shop in Mexico
Donald Trump's idea of imposing 200%-plus tariffs on vehicles imported from Mexico could throw the …
Tom Carter
Internal Tesla salary database shows Elon Musk's strategy: Lower salaries, bigger stock grants
An internal database with Tesla salaries shows lower base pay than competitors but significant stoc…
Grace Kay,Madison Hoff
Cybertruck reviewer says a sponsor didn't want to be featured in his video with the vehicle
YouTuber Zack Nelson, who owns other Teslas, said he's considering selling his Cybertruck due to it…
Ana Altchek
Parts supplier cuts thousands of jobs as Germany's auto woes deepen
Auto parts supplier Schaeffler plans to reduce its workforce and close two locations, just days aft…
Tom Carter
Tesla criticizes Biden's plan to ban Chinese tech in cars
Tesla said the proposed ban on Chinese-developed software would create a "massive and ultimately un…
Tom Carter
The Chinese EV loved by Ford's CEO just got a lot faster
Xiaomi has unveiled a luxury version of its SU7 EV that boasts a max speed of 350km per hour.
Tom Carter
The auto industry overestimated EV demand this year. Now companies are scrambling.
The auto industry is running out of early EV adopters right as an economic tidal wave threatens to …
Nora Naughton,Alexa St. John
Mercedes-Benz electric car sales plunge by a third as Chinese competition and stuttering demand hit home
The German carmaker said it had seen a 31% drop in sales of battery-powered cars from a year earlie…
Tom Carter
The CEO of Ford says he's been driving a Xiaomi EV for the past 6 months and doesn't want to give it up
Ford CEO Jim Farley previously told a board member that China's auto industry is an "existential th…