EconomyAutomotive
Volkswagen Plans 1 Million Capacity Cut in China, Europe
Volkswagen plans to cut 1 million vehicles of capacity in China and Europe and halve its lineup, as the board rejects management's restructuring plan.
—5 min read
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#Automotive
9 articles
BusinessAutomotive
BMW Invests $1.7B in SC, Unveils First U.S.-Built EV
BMW completes $1.7B South Carolina investment, unveils fifth-gen X5 with five drivetrain options including the electric iX5 built in the U.S.
—5 min read
BusinessTechnology
BMW to Build Electric SUV in South Carolina in $1.7B Deal
BMW completes $1.7 billion South Carolina investment, confirms iX5 as first US-assembled EV starting late 2026, and unveils five-drivetrain X5.
—5 min read
EconomyConsumer
China Allows Same-Day Car Purchase and Registration
China announces same-day car purchase and registration for domestic vehicles, streamlining processes for over 20 million cars annually.
—4 min read
Business & Economy
Lamborghini Opens Third Belgian Showroom in Knokke-Heist
Lamborghini opens its third Belgian showroom in Knokke-Heist. CEO Stephan Winkelmann attended the launch of the D'Ieteren-operated dealership.
—3 min read
Technology
How AI Is Teaching China's Cars to Read Emotions
AI-powered vehicles in China can now read human emotions and anticipate needs. How the industry is shifting from software-defined to AI-defined cars.
—5 min read
InfrastructureIndustry
China Hits Multiple Infrastructure and Industrial Milestones
China achieves major milestones: Xi'an-Shiyan HSR trial, CATL energy storage platform, LNG carrier delivery, SAIC's 100-millionth vehicle, and more.
—5 min read
TechnologyAutomotive
Ferrari Unveils First Fully Electric Car: The €550,000 Luce
Ferrari unveils its first fully electric vehicle, the Luce, priced at over €550,000. The 1,050-hp EV marks a historic shift for the iconic automaker.
—5 min read
BusinessAutomotive
Ferrari Unveils First EV, the Luce, with $640K Price Tag
Ferrari reveals its first fully electric vehicle, the Luce, starting at $640,000. The controversial design and 1,035-hp powertrain mark a historic shift.
—4 min read