Volkswagen Reports 10% Profit Drop, Plans Up to 100,000 Cuts

Volkswagen reported a nearly 10% drop in operating profit for the second quarter, prompting plans to…

Chinese Auto Brands Surpass Japanese in Western Europe Sales

Chinese sedan and SUV brands outperformed Japanese brands in Western Europe during the second quarter, marking…

General Motors Raises Profit Outlook Amid Strong Demand

General Motors (NYSE: GM) raised its full-year earnings outlook on Tuesday, citing resilient consumer demand for…

India invites applications for car import quotas under pact

India has invited applications for the allocation of car import quotas as part of the trade…

Blackstone to invest $675 million in South Korean Futronic

Blackstone has agreed to invest approximately $675 million in Futronic, a South Korean supplier of high-precision…

Tesla Set to Report Q2 Earnings with Key Metrics on Deck

Tesla Inc. (TSLA) is scheduled to report its second-quarter earnings on Wednesday, with analysts projecting revenue…

Chinese Auto Imports Reach 10% of European Market Share

Chinese automobiles now represent nearly 10% of the European market, a figure projected to rise to…

Helios MF acquires 0.6% in Landmark Cars; Axis cuts ZF stake

Helios Mutual Fund has acquired a 0.6% stake in Landmark Cars, while Axis Mutual Fund has…

Hyundai Motor India shares decline 2.14% on Friday trading

Hyundai Motor India shares fell by 2.14% on Friday, trading at Rs 1,981.70 at 12:39 PM…

Polestar Offers Up to $25,000 Rebates Amid U.S. Exit

Polestar is offering cash rebates of up to $25,000 on its vehicles as it prepares to…