Several major carmakers were found to have engaged in cartel behaviour related to the end-of-life recycling of vehicles, ...
Volkswagen received the largest fine of $137.7 million, while Mercedes escaped punishment by ratting everyone out ...
The European Union fined 16 automakers and the European Automobiles Manufacturers’ Association a combined total of €458 ($494.1) million for allegedly “participating in a long-lasting cartel ...
U.S. carmakers are less exposed to possible retaliation because they export only 2% of their production to the EU. Still, ...
Ten leading car manufacturers and the UK and European automotive trade bodies have agreed to pay fines totalling more than ...
Car manufacturers and industry bodies have reached a settlement with the CMA after admitting to breaking competition law in relation to vehicle ...
Following an investigation by the Competition and Markets Authority, 10 manufacturers and two trade bodies have admitted their involvement in ...
BMW Group is fast-tracking its evolution into a technology-driven company, with China playing a pivotal role in its strategy.
Analysts expect Nio's revenue to rise 38% in 2025 and 32% in 2026, but it's expected to stay unprofitable. Yet with an ...
A YouGov poll released on Tuesday shows strong support across major European nations for retaliatory levies on US imports.
BMW is promising an avalanche of fresh metal, with the Bavarian carmaker planning to release over 40 new or updated vehicles by 2027, in what it calls an “unprecedented” product ramp-up.
German automaker BMW warned Friday that it would take a big hit from trade wars between the United States, China and Europe this year, on top of weak Chinese demand, after profits plunged in 2024.