Volkswagen AG
Auto giant shares tumble as European Union’s new steel tariffs spark industry panic
The BMW brand logo can be seen on the BMW four-cylinder (also known as the BMW tower and BMW high-rise), the main administration building and landmark of the vehicle manufacturer BMW. Picture Alliance | Picture Alliance | Getty Images Shares of Europe’s biggest carmakers traded lower on Wednesday, amid concern that the European Union’s latest […]
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Tesla, GM lead record U.S. EV sales this year as federal incentives end
A Tesla Cybertruck and GMC Sierra Denali EV First Edition next to one another. Michael Wayland | CNBC DETROIT – Tesla and General Motors are leading the U.S. automotive industry this year in record domestic sales of all-electric vehicles, as consumers hurried to buy EVs before up to $7,500 in federal incentives for each purchase […]
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What’s the ‘natural demand’ for EVs in the U.S.? We’re about to find out
A view of Cadillac Escalade IQ Sport 2 at Electrify Expo San Francisco, the largest electric vehicles (EV) event in North America at Alameda Point in Alameda, California, United States on Aug. 23, 2025. Tayfun Coskun | Anadolu | Getty Images DETROIT — Automakers and investors are about to find out what the “natural demand” […]
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China keeps tight grip on rare earths, costing at least one company ‘millions of euros’
Key Points The European Chamber of Commerce in China said at least one of its members is “losing millions of euros” due to Beijing’s curbs on rare-earth exports. China controls the majority of the global rare-earth supply chain, giving Beijing leverage in trade talks. The chamber also called on China to address several pain points […]
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Tesla sales plunge 40% in Europe as Chinese EV rival BYD’s triple
Elon Musk, during a news conference with President Donald Trump, inside the Oval Office at the White House in Washington on May 30, 2025. Tom Brenner | The Washington Post | Getty Images Sales of Tesla cars in Europe plunged in July, in the company’s seventh consecutive month of declines, while Chinese rival BYD saw […]
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How China’s electric vehicle juggernaut is reshaping the global car market
Workers from Chinese electric vehicle (EV) company NIO inspect vehicles in the final quality control area on the automated production line at the companys manufacturing hub on January 17, 2025 in Hefei, China. Kevin Frayer | Getty Images News | Getty Images The speed and scale of China’s electric vehicle revolution has caught the world […]
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Lamborghini CEO says tariffs are causing even the wealthiest buyers to pause
Uncertainty around tariffs has caused even the wealthiest buyers of Lamborghini supercars to hold off on their purchases, CEO Stephan Winkelmann told CNBC. While the White House recently announced an agreement with Europe on a 15% tariff rate, that rate hasn’t yet taken effect for cars. Lamborghini and other European automakers are still paying a […]
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Auto giants forced to confront some hard truths in the age of ‘polycrisis’
Western car giants are battling crises on multiple fronts, with declining profits , layoffs and widespread cost-cutting measures showing their strain. From rising production costs to U.S. tariffs , intense competition , supply chain disruptions and regulatory pressures , as well as a bumpy electric vehicle transition — top original equipment manufacturers (OEMs) are caught […]
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A breakthrough and a burden? What the U.S.-EU trade deal means for the auto sector
A general view of production lines at the Mercedes-Benz assembly plant on June 4, 2025 in Rastatt, Germany. Florian Wiegand | Getty Images News | Getty Images U.S. President Donald Trump has hailed the framework trade agreement with the European Union as the biggest trade deal ever made and one that promises to be “great […]
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Global week ahead: Crunch time for trade talks as Trump’s deadline nears
U.S. President Donald Trump speaks to the media during a tour of the Federal Reserve Board building, which is currently undergoing renovations, in Washington, D.C., U.S., July 24, 2025. Kent Nishimura | Reuters I think most would agree that the news cycle has been relentless for most of 2025, but certain stories do seem a […]
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