Browsing: Automotive

BERLIN, Oct. 25, 2025: Porsche AG reported an operating loss of €967 million for the third quarter of 2025, its first quarterly loss since the company went public in 2022. The result compares with an operating profit of €974 million in the

WASHINGTON, October 9, 2025: U.S. auto safety regulators have opened a formal investigation into nearly 2.9 million Tesla vehicles equipped with the company’s Full Self-Driving (FSD) system following reports of traffic violations and multiple crashes involving the software. The National Highway Traffic Safety

DUBAI, September 30, 2025: Fully autonomous vehicles (FAVs) could generate up to US$18.7 billion in economic value for Gulf Cooperation Council (GCC) countries by 2035, according to a new report from Strategy& Middle East, part of the PwC network. The global

Cadillac has unveiled its latest concept vehicle, the all-electric Elevated Velocity crossover, ahead of its public debut at The Quail, A Motorsports Gathering in Carmel, California, on August 15, 2025. Designed as a high-performance 2+2 luxury crossover, the Elevated Velocity concept integrates Cadillac’s

United States automakers are recalibrating their strategies following significant shifts in federal electric vehicle policy under President Donald Trump. Since taking office, Trump has acted to dismantle measures favoring EVs, beginning with an executive order to eliminate what he described as

Lamborghini has unveiled the first Ad Personam edition of its newly launched Temerario, debuting in Porto Cervo, Sardinia, during the height of the summer season. The model, named Temerario “Porto Cervo” for the occasion, was introduced at a private gathering

Mercedes-Benz has announced significant price reductions for its EQ electric vehicle (EV) lineup in the United States, in response to weakening demand and the impact of new trade tariffs introduced by former President Donald Trump. The automaker is also temporarily suspending

Uber has announced plans to deploy 20,000 robotaxis over the next six years as part of its long-term strategy to expand its autonomous vehicle operations. The ride-hailing company confirmed the fleet will consist of electric SUVs manufactured by Lucid and fitted with

Tesla has launched a redesigned version of its Model Y electric SUV in major global markets, including China, Europe, North America, and the UAE. The refreshed model, referred to internally as “Juniper,” introduces exterior styling changes, improved range, and new interior technology aimed at