German automotive has big problems: too much capacity, falling demand, uncompetitive cost structures and Chinese OEMs at the gates of Europe. By Ian Henry The post German auto production has a problem; is Berlin listening? appeared first on Automotive Wor
Xpeng's Q2 2026 results show revenue of CN¥19.74bn, a 20.7% gross margin, and overseas markets contributing more than a quarter of H1 revenue. The post Xpeng Q2 margin hits 20.7% as overseas revenue tops 25% appeared first on Automotive World.
Volkswagen’s original agreement to cut 50,000 jobs was unprecedented at the time, but now comes across as a moderate option. By Stewart Burnett The post VW job cuts could reach 140,000 as capacity falls further appeared first on Automotive World.
A commitment to discuss Hyundai’s automation plans is not remotely the same as a meaningful say in whether, or how fast, it does. By Stewart Burnett The post Hyundai union settles quickly, conceding ground on AI appeared first on Automotive World.