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Results for "Automotive industry"

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AI Drives Automotive Industry Transformation in China
Technologynaftemporiki6d ago

AI Drives Automotive Industry Transformation in China

Artificial Intelligence is rapidly integrating into China's automotive industry, transforming vehicles from simple transportation into 'smart terminals' and 'mobile living spaces.' This marks a significant advancement in the sector.

German Automakers Face Growing Chinese Competition
BusinessforbesDaily Sabah11d ago2 sources

German Automakers Face Growing Chinese Competition

German automakers are increasingly in the crosshairs as Chinese momentum grows in the automotive industry. This shift is prompting some German brands, like Opel, to partner with Chinese companies and rethink their future strategies.

Slovak Automotive Suppliers Resilient Amidst Economic Challenges
Businessdennik-n17d ago

Slovak Automotive Suppliers Resilient Amidst Economic Challenges

Despite broader economic difficulties and the hype around artificial intelligence, domestic suppliers to the automotive industry in Slovakia are reportedly holding up well, with investment experts advising against speculative AI investments in favor of diversified index funds.

Turkish Auto Industry Sets New Export Record
BusinessDaily Sabah21d ago

Turkish Auto Industry Sets New Export Record

The Turkish automotive industry achieved a new export record in the first seven months of the year, continuing its strong contribution to the country's overall exports despite global challenges.

Ferrari Halts Car Sales Amidst Strong Financial Results
Businessiefimerida23d ago

Ferrari Halts Car Sales Amidst Strong Financial Results

Despite most premium car manufacturers reporting positive financial results, Ferrari has recently paused its car sales. The reasons behind this decision are being explored, as the automotive industry periodically faces periods of crisis.

Automotive Industry Navigates Era of Major Transformation
Worldnaftemporiki1mo ago

Automotive Industry Navigates Era of Major Transformation

The automotive industry is currently at a pivotal juncture in its modern history, marked by rapid technological advancements and evolving consumer habits. A special edition publication explores these significant changes and their impact on the sector.

Historic German Company Closes After 144 Years
Businessiefimerida1mo ago

Historic German Company Closes After 144 Years

A historic German company has ceased operations after 144 years, leaving nearly 200 employees jobless. Despite its significant market share, a single failed investment led to its collapse, highlighting a difficult period for the automotive industry.

Steer-by-Wire System Transforms Driving Experience
Businessklix-ba2mo ago

Steer-by-Wire System Transforms Driving Experience

The automotive industry is undergoing significant changes, with the steer-by-wire system, which removes the mechanical link between the steering wheel and front wheels, profoundly altering the driving experience.

Slovak Households Drive Older Cars, Among EU's Oldest Fleets
Businessdennik-n23d ago

Slovak Households Drive Older Cars, Among EU's Oldest Fleets

Slovak households are driving increasingly older cars, with the average age rising to 15.7 years last year, placing Slovakia among the top ten EU countries with the oldest vehicle fleets. Despite a strong automotive industry, Slovaks are parking older cars at home, though entrepreneurs are an exception.

German Automakers Shift Focus to Military Contracts
Politicsnaftemporiki29d ago

German Automakers Shift Focus to Military Contracts

German automotive companies like Volkswagen and Daimler Truck, along with their suppliers, are increasingly focusing on military contracts, a strategic shift driven by the ongoing crisis in the automotive industry.

Volkswagen Lays Off Thousands Amid Chinese Auto Market Dominance
Worldn1-bih1mo ago

Volkswagen Lays Off Thousands Amid Chinese Auto Market Dominance

The German automotive industry, exemplified by Volkswagen, is undergoing a significant transformation as Chinese car manufacturers gain market share. Volkswagen is reportedly laying off thousands of workers, raising concerns about the future of European auto manufacturing.

Ten Influential 4x4 Cars in Automotive History
Worldla-vanguardia1mo ago

Ten Influential 4x4 Cars in Automotive History

This article explores ten 4x4 vehicles that left a significant mark on their era, set trends, and contributed milestones to the automotive industry, with some originating from military use before being adapted for civilian purposes.

Businessbloomberg1mo ago

AI's Impact on Jobs and Industries

Artificial intelligence is projected to significantly impact various sectors, including the automotive industry in Detroit, higher education, and employee bonuses.

Expert Opinion on Electric Vehicle Advantages in Lithuania
Worlddelfi-lt2mo ago

Expert Opinion on Electric Vehicle Advantages in Lithuania

An expert provides their opinion on the advantages of electric vehicles for drivers in Lithuania, noting that the automotive industry has entered an era where new vehicles are expected to be electric and meet high standards without compromising comfort or advanced technology.

Tesla Rival Forced to Make Changes Amid EV Shift
BusinessYahoo2mo ago

Tesla Rival Forced to Make Changes Amid EV Shift

A rival to Tesla is reportedly being forced to implement significant changes in its operations due to the ongoing shift towards electric vehicles (EVs). This highlights the competitive pressures and evolving landscape within the automotive industry.

BMW Lowers Annual Forecast, Stock Drops Amid Auto Industry Challenges
Businessfazdie-presse2mo ago2 sources

BMW Lowers Annual Forecast, Stock Drops Amid Auto Industry Challenges

BMW has significantly lowered its annual forecast and intensified its cost-cutting measures, leading to a twelve percent drop in its stock. This development marks a significant challenge for the new CEO Milan Nedeljkovic and reflects broader difficulties in the automotive industry.

China Clarifies Autonomous Car Liability and Recalls Vehicles
Businesscaixin-globalinvesting-comDaily Nation1d ago3 sources

China Clarifies Autonomous Car Liability and Recalls Vehicles

China is moving to clarify liability for autonomous cars while also implementing a significant recall of Tesla and other vehicles to enhance auto-safety. These actions reflect China's efforts to regulate and improve safety standards in its rapidly developing automotive industry.

Sarajevo Film Festival Hosts Panel on Electric Mobility
Businessklix-ba10d ago

Sarajevo Film Festival Hosts Panel on Electric Mobility

A panel discussion titled "MOON Talks: Where Heritage Inspires the Future" was held at the Sarajevo Film Festival, where participants discussed the future of the automotive industry, the development of electromobility, and new technologies.

Car Manufacturer to Cover Accident Costs for its Vehicles
Businessiefimerida15d ago

Car Manufacturer to Cover Accident Costs for its Vehicles

A major car manufacturer has announced a new policy to cover the financial cost of accidents involving its vehicles, a decision that could significantly impact the automotive industry, potentially linked to autonomous driving technology.

Chinese Companies Dominate Electric Car Market
Businessla-vanguardia20d ago

Chinese Companies Dominate Electric Car Market

Chinese companies are rapidly gaining control of the electric car market, driven by China's ambition to surpass traditional automotive industry leaders like Germany, Japan, and the United States.

Auto Industry Criticized for Building for an Outdated Past
BusinessYahoo27d ago

Auto Industry Criticized for Building for an Outdated Past

An analysis suggests that the automotive industry is currently designing and producing vehicles based on past trends and consumer demands that are unlikely to return. The critique argues that the industry needs to adapt more rapidly to future market realities.

Zeekr to Participate in Paris Motor Show 2026
Businessnewsbeast1mo ago

Zeekr to Participate in Paris Motor Show 2026

Zeekr has announced its inaugural participation in the Paris Motor Show 2026, marking its presence at one of the global automotive industry's most significant events and a key meeting point for professionals, media, and enthusiasts.

German Auto Industry Crisis Leads Workers to Arms Sector
Worldfaz1mo ago

German Auto Industry Crisis Leads Workers to Arms Sector

The automotive industry in southwestern Germany is experiencing a severe crisis, leading to job losses. As a result, arms companies are emerging as new employers and a source of hope for skilled workers, though not for everyone.

GST Hike Impacts Hybrid Vehicle Prices in Pakistan
BusinessDawn1mo ago

GST Hike Impacts Hybrid Vehicle Prices in Pakistan

A recent Goods and Services Tax (GST) hike in Pakistan has led to a significant increase in hybrid vehicle prices, with Toyota and Honda raising rates by over Rs1.3 million. The automotive industry is also awaiting the notification of the new Auto Policy 2026-31 after the previous regime expired.

Major Car Firms Cleared of Emissions-Cheating Devices
BusinessBBC1mo ago

Major Car Firms Cleared of Emissions-Cheating Devices

Investigations have concluded that major car firms were not found to have installed emissions-cheating devices in their vehicles. This finding addresses concerns about potential environmental fraud within the automotive industry.

Malaysia Revises EV Import Policy with New CIF Threshold
Businessmalay-mail1mo ago

Malaysia Revises EV Import Policy with New CIF Threshold

Malaysia's government has revised its electric vehicle (EV) import policy following the expiration of tax incentives, setting a new Cost, Insurance, and Freight (CIF) threshold of RM200,000. This adjustment aims to regulate EV imports and support the local automotive industry.

EU Proposes New Auto Industry Regulation for Recycled Parts
Businessklix-ba2mo ago

EU Proposes New Auto Industry Regulation for Recycled Parts

The European Union is preparing a new regulation for the automotive industry that will require manufacturers to use an increasing proportion of recycled parts from old cars. This aims to promote sustainability but is not expected to lower prices for new vehicles.

Global Electric Car Market Sees Rapid Growth, China Leads
Worldn1-serbia2mo ago

Global Electric Car Market Sees Rapid Growth, China Leads

The global market for electric vehicles is expanding significantly faster than anticipated, with China at the forefront of this growth. In 2019, only one in a hundred cars sold was electric, highlighting the rapid shift in the automotive industry.

Bulgaria to Begin Domestic Car Production
Worldiefimerida2mo ago

Bulgaria to Begin Domestic Car Production

Bulgaria is accelerating its automotive industry efforts, with domestic production of a new car model expected to commence in the coming months, potentially involving a Chinese company.