For $1 billion euros, Porsche sells its stake in Bugatti Rimac and the Rimac Group
Following government permission, the German sports car manufacturer Porsche sold its stakes in Bugatti Rimac and Rimac Group for one...
Automotive & transportation
Volkswagen is targeting SEAT as it prepares for restructuring and expedites cost reductions through 2029
Within the Volkswagen Group, the days of the Spanish brand SEAT may be coming to an end. This Thursday's unanimous...
In three new American cities, Waymo introduces robotaxis
On Tuesday, Waymo, Alphabet's autonomous driving division, started carrying people in self-driving cars in Denver, San Diego, and Tampa. Meanwhile,...
Amidst tensions with the US, Mexico boosts its exports to Canada by 20.2%
Canadian purchases are starting to be impacted by the US-Canada trade spat. Mexico is expanding more quickly, despite still lagging...
Volkswagen has announced changes to its Puebla plant’s production
In response to a "challenging environment" for the automobile sector in North America and around the world. Automaker Volkswagen said...
Ford plans to relocate Lincoln manufacturing from China to the United States
Ford plans to move production of some Lincoln models from China to the United States starting in 2030, the company's...
Tesla is recalling 20,000 vehicles for this reason
Tesla is recalling 20,000 Model 3 and Model Y vehicles whose low-beam headlights fail to meet federal brightness standards. This...
Honda ends electric vehicle production in Mexico
Honda will end sales of its electric vehicles (EVs) in the United States, the latest move by a major automaker...
Taiwan’s imports to Mexico have increased by 233% due to the boom in artificial intelligence
According to the Bank of Mexico (Banxico), Taiwanese imports into the Mexican economy increased by 233 percent between January and...
Despite exceeding delivery expectations, Tesla drops 8%
Even after the firm reported a rise in car deliveries for the second quarter—which beat analysts' projections by tens of...
