Aston Martin Slashes 20% of Workforce Amid U.S. Tariff Pressures in 2026
Aston Martin announces 20% workforce reduction in 2026, citing U.S. tariffs and restructuring efforts to address financial challenges.
Automotive Industry
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China’s BYD Drives Global EV Dominance in 2026
China’s BYD surpasses Tesla as the world’s top EV maker in 2026, driving the nation’s ambitions in high-tech exports amid ongoing global trade challenges.
Canada Accelerates Electric Vehicle Adoption with New Incentives in 2026
Canada unveils 2026 electric vehicle incentives to boost domestic industry and reduce US reliance, part of PM Carney’s economic strategy.
Canada Boosts EV Sector with New Strategy, Eyes China Partnership
Canada launches new EV incentives and seeks collaboration with China to boost production and exports, aiming for a sustainable automotive future.
Chinese EV Makers Navigate Europe’s Insurance Hurdles in 2026
Chinese electric vehicle brands face insurance challenges as they expand into Europe in 2026, with data gaps impacting premiums and coverage availability.
China-EU EV Trade Dispute Resolved, Boosting Market Confidence
China and EU resolve anti-subsidy case on electric vehicles, enhancing trade cooperation and stabilizing global automotive supply chains.
Ford Unveils New Models at 2026 Detroit Auto Show Amid EV Strategy Shifts
Ford showcases innovative vehicles at the 2026 Detroit Auto Show while navigating financial challenges and evolving electric vehicle strategies.
BYD Overtakes Tesla as Global EV Leader in 2025
BYD surpasses Tesla as world’s top EV maker in 2025, selling 2.26 million battery electric vehicles. Tesla’s deliveries fell 9% amid tax credit expirations and rising competition.
BYD Surpasses Tesla as Global EV Leader in 2025 Sales
Chinese automaker BYD overtakes Tesla in 2025 EV sales, driven by a 28% surge in battery-powered vehicles and record overseas growth.
EU Shifts Gears on 2035 Combustion Engine Ban Amid Industry Pressure
The EU proposes easing its 2035 combustion engine ban, allowing some non-electric vehicles amid industry pushback and rising competition from Chinese EV makers.
U.S. EV Market Faces Headwinds Amid Global Growth in 2025
While global EV sales surge 28% in 2025, the U.S. market encounters significant challenges amid supply chain issues and policy shifts.
China’s NEV Sales Hit Record 12 Million in 2024, Leading Global Market
China’s NEV production and sales have surpassed 12 million in 2024, marking a record-breaking year and solidifying its global leadership in the electric vehicle market.
Detroit Auto Show Focuses on the Future of EVs
At the Detroit Auto Show, industry leaders focus on the future of EVs as China’s sales surge amid global slowdowns in Germany and the U.S.
Automechanika Shanghai 2024 Kicks Off with Thousands of Exhibitors
Automechanika Shanghai 2024 opened with thousands of exhibitors showcasing the latest in automotive innovation, reflecting resilience amidst European Union tariffs impacting automakers.
China and Europe Deepen Integration in Automotive Supply Chains
China and Europe are deepening integration in automotive supply chains, highlighted at the China International Supply Chain Expo and the 10th High-level Symposium, emphasizing mutual benefits and future opportunities.
Mexico Warns Trump Tariffs Could Kill 400,000 U.S. Jobs
Mexico warns that proposed tariffs by U.S. President-elect Donald Trump could lead to 400,000 U.S. job losses and higher consumer prices, pledging retaliation if tariffs are implemented.
Audi China President Embraces ‘Chinese Speed’ to Meet Dynamic Market Demands
Audi China’s president Johannes Roscheck discusses adapting to the dynamic Chinese market, emphasizing the need to embrace ‘Chinese speed’ to meet customer demands.
Ford China CEO Highlights Global Collaboration at CIIE
Ford Motor Company is attending the China International Import Expo for the seventh time, with Ford China CEO Sam Wu emphasizing that global collaboration strengthens all participants in the automotive industry.
China’s Trade-In Program Sparks Consumer Spending and Market Confidence
China’s large-scale trade-in program is igniting market enthusiasm, boosting consumer spending, and revitalizing industries like automotive and home appliances through substantial discounts and subsidies.
China Denounces EU’s Anti-Subsidy Duties on Electric Vehicles as ‘Protectionist’
The Chinese mainland rejects the EU’s imposition of anti-subsidy duties on China-made electric vehicles, calling it a ‘protectionist’ move, and files a lawsuit with the WTO.