Nissan posts second consecutive net loss, says return to profit is ahead of schedule, but one analyst isn’t buying it
Nissan forecasts return to profit as turnaround accelerates, but analyst questions if sales targets are realistic.
Mazda cuts EV investment in half and delays its first dedicated electric vehicle by two years to 2029
Mazda delays first EV to 2029, cuts investment 40 percent, pivots to hybrids.
Honda faces its first operating loss since 1957 as CEO Mibe abandons the EV-only strategy and refocuses on hybrids
Porsche shuts battery, software, and e-bike units and cuts 500 jobs as losses deepen and core business focus tightens
Stellantis and Leapmotor deepen Spain EV partnership with new Opel compact SUV planned for Zaragoza
Car buyers who use AI during their research report higher satisfaction and greater trust in the dealer they bought from
Nissan posts second consecutive net loss, says return to profit is ahead of schedule, but one analyst isn’t buying it
Nissan forecasts return to profit as turnaround accelerates, but analyst questions if sales targets are realistic.
Mazda cuts EV investment in half and delays its first dedicated electric vehicle by two years to 2029
Mazda delays first EV to 2029, cuts investment 40 percent, pivots to hybrids.
Honda faces its first operating loss since 1957 as CEO Mibe abandons the EV-only strategy and refocuses on hybrids
Honda will announce a new hybrid-focused strategy on May 14 after booking A$24.9 billion in EV write-downs and canceling most next-generation electric vehicles.
Porsche shuts battery, software, and e-bike units and cuts 500 jobs as losses deepen and core business focus tightens
Porsche cuts 500 jobs, exits battery, software, and e-bike units as profits sink.
Stellantis and Leapmotor deepen Spain EV partnership with new Opel compact SUV planned for Zaragoza
Stellantis and Leapmotor deepen Spain EV partnership with new Opel compact SUV planned for Zaragoza production by 2028.
Car buyers who use AI during their research report higher satisfaction and greater trust in the dealer they bought from
AI-using car buyers report higher satisfaction and greater dealer trust than non-users
BMW’s new CEO takes over on 14 May with Neue Klasse execution, not strategy, as his defining task
BMW's new CEO prioritises Neue Klasse execution over strategy shifts in steady leadership transition.
Nissan cuts 900 European jobs and halves Sunderland production as its decade-long market slide deepens
Nissan cuts 900 European jobs and halves Sunderland production as market share erodes to Chinese competitors.
AI tools are making dealerships more efficient and more exposed to cyberattacks at the same time
AI boosts dealership efficiency but opens dangerous new cybersecurity vulnerabilities as attackers adapt.
Volkswagen concedes its German-centred business model is broken as deeper cuts loom
Volkswagen admits its German-centred model is broken, signalling major restructuring and capacity cuts ahead.
Aston Martin narrows its quarterly loss but debt swells to A$2.75 billion as Stroll injects more cash
Aston Martin narrows Q1 loss but debt balloons to £1.46 billion as Stroll props up the struggling British automaker with fresh capital.
Hyundai’s China sales have collapsed. Now it’s betting a rebound on a new super-wedge Ioniq V EV.
Hyundai unveils wedge-shaped Ioniq V EV at Beijing auto show to reverse catastrophic China sales collapse.
Hyundai unveils China-only Ioniq V sedan to lead 20-model push to recover from 82 percent sales collapse
Hyundai bets 20 new EV models can reverse an 82 percent China sales collapse and rebuild to 500,000 units by 2030.
GM shelves next-generation electric ute programme indefinitely as it shifts resources back to petrol and hybrid trucks
GM indefinitely delays next-generation electric truck programme, pivots resources back to petrol and hybrid platforms
GM’s new product chief stands to earn more than CEO Mary Barra, whose own pay hit A$41.8 million
GM's new product chief Sterling Anderson stands to earn more than CEO Mary Barra through a $40.3 million hiring package.
Detroit rediscovers the sedan as crossover prices bite and affordability gap widens
Detroit rediscovers sedans as crossover prices climb and affordability gaps widen across the U.S. market.
Toyota builds secret GR Experience Centre to teach Lexus dealers how to sell a supercar
Toyota's secret GR Experience Center trains Lexus dealers to sell supercars
