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Honda walks back EV investment, sales targets on poor demand
TechHonda walks back EV investment, sales targets on poor demand
By Nicholas Takahashi and BloombergMay 20, 2025
Oliver Blume, Chairman of the Board of Management Volkswagen Group, speaks during the event "Group Night Shanghai 2025" hosted by Volkswagen ahead of the Shanghai Auto Show in Shanghai on April 22, 2025.
CompaniesVolkswagen shareholders demand ‘part-time CEO’ Oliver Blume finally drop his side job running Porsche
By Christiaan HetznerMay 19, 2025
Tesla adds Chipotle executive Hartung to board of directors
FinanceTesla adds Chipotle executive Hartung to board of directors
By Richard Clough, Edward Ludlow and BloombergMay 16, 2025
Hungary continues to woo China as BYD opens up European centre, creating 2,000 new jobs in the region
TechHungary continues to woo China as BYD opens up European centre, creating 2,000 new jobs in the region
By AFPMay 16, 2025
BMW Group Chairman Oliver Zipse is seen during the 21st Shanghai International Automobile Industry Exhibition (Auto Shanghai 2025) at the National Exhibition and Convention Center (Shanghai) on April 23, 2025 in China.
LeadershipBetting all your chips on EVs is a ‘dead end,’ BMW tells shareholders: ‘That should be obvious by now’
By Christiaan HetznerMay 15, 2025
A worker cleans a Tesla Semi electric truck parked outside the Frito-Lay manufacturing facility in Modesto, California, US, on Wednesday, Jan. 18, 2023.
TechTesla rival Daimler Truck wants to know if Elon Musk’s Semi EV can actually live up to the hype: ‘We’d love to get our hands on one’
By Christiaan HetznerMay 15, 2025
A millennial couple sits in the boot of a Jaguar Land Rover car.
LifestyleWealthy millennials are spending thousands on Jaguar Land Rover monthly subscriptions as flexibility becomes the newest form of luxury
By Ryan HoggMay 15, 2025
Forget SUVs: Minivans are having a renaissance—and they’ve never been this plush
RetailForget SUVs: Minivans are having a renaissance—and they’ve never been this plush
By James MorrisMay 15, 2025
Ford is recalling nearly 274,000 SUVs over faulty breaks that increase risk of crashes
RetailFord is recalling nearly 274,000 SUVs over faulty breaks that increase risk of crashes
By The Associated PressMay 14, 2025
Robyn Denholm, chairman of Tesla Inc., attends an American Chamber of Commerce in Australia event in Sydney, Australia, on Wednesday, March 27, 2019.
LeadershipTesla chair Robyn Denholm’s $180 million stock sales come under scrutiny
By Christiaan HetznerMay 14, 2025
Japanese carmakers slash profit outlooks as they face down U.S. tariffs and Chinese EVs
CompaniesJapanese carmakers slash profit outlooks as they face down U.S. tariffs and Chinese EVs
By Paolo ConfinoMay 14, 2025
EV sales could see a 20 million unit boost this year as growth continues despite trade uncertainty
EnvironmentEV sales could see a 20 million unit boost this year as growth continues despite trade uncertainty
By AFPMay 14, 2025
Honda’s $10 billion EV project is the latest victim of the industry’s slowdown
TechHonda’s $10 billion EV project is the latest victim of the industry’s slowdown
By The Associated PressMay 13, 2025
Nissan declines to give a profit forecast for the coming year, blames ‘uncertain nature’ of U.S. tariffs
FinanceNissan declines to give a profit forecast for the coming year, blames ‘uncertain nature’ of U.S. tariffs
By AFPMay 13, 2025
C.E.O. of Tesla, Chief Engineer of SpaceX and C.T.O. of X Elon Musk speaks during the New York Times annual DealBook summit on November 29, 2023 in New York City.
TechJust as Tesla reclaims $1 trillion market cap, worrying data out of China has investors asking questions
By Christiaan HetznerMay 13, 2025
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