Nexen Tire Sees 20% Drop in Profits Due to Higher Materials and Freight Costs
Nexen Tire has reported a 20% decline in second-quarter profits, with operating profit down 19.5% year-on-year to KRW34.3 billion (€20.8 million), despite…
Electric Vehicles
Ford lifts profit outlook on SUV demand surge
Ford Motor Co. delivered adjusted earnings of 42 cents per share for the latest quarter, beating Wall Street expectations of 36 cents…
Mercedes-Benz’s new electric C-Class redefines the segment
Mercedes-Benz has accelerated its model offensive, posting a second-quarter revenue of €32.1 billion (down from €33.2 billion in Q2 2025) and group…
Mercedes-Benz’s all-new electric C-Class put through a 360° environmental audit
Mercedes-Benz has rolled out the all-new electric C-Class as a ground-up BEV, marking the next step in its midsize-segment electrification strategy. The…
BMW Art Cars: 20 Artists, 50 Years of Innovation — Reunited at BMW Welt in Munich
For the first time in history, all 20 BMW Art Cars are on display together at BMW Welt in Munich, marking the…
Record-speed ramp-up: BMW Group Plant Debrecen builds 50,000th BMW iX3 in nine months
BMW Group Plant Debrecen has hit a major milestone, producing the 50,000th BMW iX3 just nine months after the start of series…
International Eyes Second San Antonio Plant Shift
International Motors is considering a second production shift at its San Antonio assembly plant due to increasing demand and product initiatives. The…
U.S. Government Weighs Ban on Poorly Designed Electronic Door Handles
The National Highway Traffic Safety Administration (NHTSA) is preparing to introduce stricter regulations governing how door handles operate in all motor vehicles,…
Mercedes-Benz and Hydro deepen partnership for low-CO₂ aluminium
Mercedes-Benz and Hydro are expanding their collaboration to accelerate the decarbonisation of aluminium in European automotive production. Mercedes-Benz becomes the first European…
EVs Actually Got 18% Cheaper, So Why Did The Median Price Go Up?
A German study analyzing over 100,000 passenger car configurations between 2020 and 2025 found that battery electric vehicle prices fell by about…