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German carmaker BMW said on Friday it expected tariffs to cost it 1 billion euros ($1.09 billion) this year, while European officials warned the US economy would be the...
Carmaker BMW will recall 1.4 million vehicles in China due to faulty airbags, the country’s market regulator announced on Friday. Cars that have had steering wheel refits may have defective...
Tesla is cutting prices of some models in Germany and elsewhere in Europe, the Middle East and Africa, a spokesperson said on Sunday. The move comes as the company unveiled...
Inayat-ur-Rahman, Business Editor INEOS Automotive, a leading UK’s carmaker company plans to tap the UAE auto market. Built from the ground up on an all-new platform, the INEOS Grenadier,...
Inayat-ur-Rahman, Business Editor The Elite Cars Group, one of the leading multi-brand luxury car dealerships in the UAE becomes the authorised distributor of the Danish carmaker Zenvo Automotive - manufacturing...
Volkswagen sees higher competition later this year as supply chain bottlenecks ease and China’s electric car market heats up, the carmaker said on Thursday, adding that it put margins over...
French car maker Renault said on Thursday revenues had grown by 30 per cent in the first quarter thanks to a rebound in sales and higher prices. Boosted by the...
Porsche AG said on Monday said it expects sales to rise to as much as 42 billion euros ($45 billion) this year after reporting record earnings and revenue in 2022...
US carmaker Ford announced Friday it will cut around 1,100 jobs at its factory in the Spanish city of Valencia as it reorganises its operations in Europe. The cuts follow...
Toyota Motor Corp on Thursday posted a surprise 22 per cent rise in third-quarter operating profit, as a weaker yen and higher sales volumes helped the Japanese automaker overcome a...
