Electric vehicle rethink to cost Honda almost $16 billion
Tokyo (AFP) - Japan's Honda said Thursday it expected to book nearly $16 billion in expenses and losses related to ...
Thursday, April 30, 2026
Tag: automotive industry
Volkswagen says to cut 50,000 jobs as profit slides
Wolfsburg (Germany) (AFP) - Germany's automotive giant Volkswagen said Tuesday it would cut 50,000 jobs at home by 2030 as ...
Automaker Stellantis posts massive loss, pivots from EV
Paris (France) (AFP) - Troubled automaker Stellantis, behind brands like Jeep and Fiat, announced Thursday a net loss of 22. ...
Mercedes-Benz net profit nearly halves amid China, US woes
Frankfurt (Germany) (AFP) - German carmaker Mercedes-Benz reported Thursday its lowest annual profit since the Covid pandemic, as it counted ...
Struggling Nissan forecasts $4.2 bn full-year net loss
Tokyo (AFP) - Japanese automaker Nissan said on Thursday it expected to suffer a net loss of 650 billion yen ($4. ...
‘China shock’: Germany struggles as key market turns business rival
Alsdorf (Germany) (AFP) - China was long a lucrative market for Germany Inc, but the Asian giant's rise in high-tech ...
BMW recalls hundreds of thousands of cars over fire risk
Frankfurt (Germany) (AFP) - German carmaker BMW is to recall hundreds of thousands of cars worldwide over a potential risk ...
Ford results dented by tariffs, supplier outage
New York (AFP) - Ford reported lower than anticipated fourth-quarter operating results Tuesday on an unexpectedly large tariff hit and ...
Ford results dented by tariffs, supplier outage
New York (AFP) - Ford reported lower than anticipated fourth-quarter operating results Tuesday on an unexpectedly large tariff hit and ...
Stellantis takes massive hit on ‘overestimation’ of EV demand
Paris (France) (AFP) - Jeep maker Stellantis warned Friday that it would take a 22 billion euro hit after a ...
We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.