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Car Industry

China's Changan targets Top-10 global carmaker status by 2030

China’s Changan said on Tuesday that it aims to become one of the world’s top-10 automakers by 2030, while increasing its global sales by more than two-thirds, joining other Chinese carmakers setting ambitious expansion targets overseas.

21 Apr 2026-12:29
Changan vs BYD: how two Chinese automakers are redefining the global car market

06 Jan 2026-14:04
EU sets recycled plastic targets for cars

European carmakers will soon be required to use more recycled plastics in new vehicles under provisional EU rules agreed on Friday by member states and lawmakers.

12 Dec 2025-16:50
Toyota unveils GR GT supercar, race car prototypes - VIDEO

Toyota Motor Corp. unveiled prototypes of its new GR GT supercar and GR GT3 race car on Friday, both expected to launch around 2027.

05 Dec 2025-11:51
European car industry faces ‘irreversible decline,’ Stellantis Chairman warns

Stellantis Chairman John Elkann has warned that Europe’s automotive sector is at risk of an “irreversible decline” unless the European Commission grants manufacturers greater flexibility on emissions targets.

25 Nov 2025-14:58
Ford shares gain on earnings beat, hints at 2026 production recovery

Ford Motor Co. (F) reported stronger-than-expected third-quarter earnings but warned of a significant financial impact from an aluminum plant fire that has disrupted production of its popular F-150 pickups and SUVs.

24 Oct 2025-14:29
China targets over 32 million vehicle sales in 2025

China has announced a two-year work plan aimed at stabilizing and promoting growth in itsautomotive sector.

13 Sep 2025-15:59
UK car production plummets to 70-year low

Vehicle manufacturing in the UK saw a significant decline last month, with output dropping to just 59,203 units—the lowest April figure in over 70 years, excluding the pandemic-hit year of 2020.

29 May 2025-16:14
Audi to lay off 7,500 jobs in Germany by 2029

Audi, a brand of German automaker Volkswagen Group, announced Monday that it will lay off 7,500 jobs in Germany in areas such as management and development until 2029, according to a press release by the firm.

18 Mar 2025-17:57
Trump announces plan to impose auto tariffs in April

U.S. President Donald Trump said Friday he plans to impose tariffs on imported cars around April 2.

15 Feb 2025-10:14

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