auto industry
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Business
Tesla sales resume fall in European markets in October
Tesla’s sales plunged in a number of European countries including Spain, the Netherlands and Nordic markets. (EPA Images pic) LONDON:…
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Business
China to exempt some Nexperia chips from export ban
Nexperia supplies 49% of the electronic components used in the European automotive industry. (EPA Images pic) BEIJING: China said on…
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Business
Chinese EV giant BYD says Q3 profit down 33%
BYD’s Q3 revenue was down 3% year-on-year. (Reuters pic) BEIJING: Chinese electric vehicle giant BYD said on Thursday its third-quarter…
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Business
Nissan expects US$1.8bil operational loss in 2025-26 fiscal year
Nissan reported a net loss of ¥671 billion for the financial year to March 2025. (EPA Images pic) PARIS: Struggling…
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Business
Jeep-maker Stellantis posts rising sales as US business improves
Stellantis reported growth in nearly every region except South America. (AP pic) PARIS: US-European auto giant Stellantis, whose brands include…
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Business
Volkswagen posts €1bil loss on tariffs, Porsche woes
Volkswagen, whose models range from Skoda to Seat and Audi, is facing US tariffs of 15% on car exports from…
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Business
Mercedes-Benz profit plunges on China slump and US tariffs
Mercedes-Benz’s sales by volume in key market China fell 27% in the third quarter, dragging overall sales down 12%. (EPA…
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