Toyota Motor reported a 21.5% decline in operating income for FY26 as US tariffs, higher costs and foreign exchange headwinds pressured profitability despite resilient vehicle sales and pricing.
Seven major automotive trade associations have written to the USTR, calling for an extension of the USMCA rather than a break-up into separate bilateral arrangements.
Continental is targeting annual cost savings of $172.73m from 2028. Credit: multitel/Shutterstock.com. The results were at the top end of analyst estimates. Continental says it has started 2026 with a ...
It was reported earlier this month that Stellantis was in discussions with Leapmotor to jointly develop an Opel-branded electric SUV based on Chinese technology, with production e ...
Turkey's Togg agrees to produce BEVs based on CATL’s ‘Bedrock’ skateboard chassis, with first model for sale in 2027.
EU member states are pressing for rapid implementation of the bloc's side of a trade agreement with the US, as President Donald Trump threatens to raise tariffs on European cars and trucks to 25%.