Toyota Motor reported a 21.5% decline in operating income for FY26 as US tariffs, higher costs and foreign exchange headwinds pressured profitability despite resilient vehicle sales and pricing.
Goodyear Tire & Rubber Company posted a first quarter net loss of $246m, reversing a $118m profit a year earlier, as falling tyre volumes and rising costs offset gains from its ongoing transformation ...
Continental is targeting annual cost savings of $172.73m from 2028. Credit: multitel/Shutterstock.com. The results were at the top end of analyst estimates. Continental says it has started 2026 with a ...
EU member states are pressing for rapid implementation of the bloc's side of a trade agreement with the US, as President Donald Trump threatens to raise tariffs on European cars and trucks to 25%.
Seven major automotive trade associations have written to the USTR, calling for an extension of the USMCA rather than a break-up into separate bilateral arrangements.
It was reported earlier this month that Stellantis was in discussions with Leapmotor to jointly develop an Opel-branded electric SUV based on Chinese technology, with production e ...
Turkey's Togg agrees to produce BEVs based on CATL’s ‘Bedrock’ skateboard chassis, with first model for sale in 2027.