Keywords: Automotive Sector


Mercedes-Benz improves profitability despite weaker global sales

Mercedes-Benz delivered mixed financial results in the second quarter of 2026, with stronger operating profitability offsetting a decline in revenue and weaker global vehicle sales. The German automaker benefited from solid performances in its financial services and commercial vehicle divisions, but......

Renault shifts production focus to Morocco as automotive manufacturing strategy evolves

Renault is strengthening Morocco's role within its global manufacturing network, increasingly allocating production of new vehicle models to the North African country as the company seeks to improve efficiency, lower costs and accelerate its industrial transformation. The strategic shift reflects......

Lower Saxony weighs stake in Volkswagen’s Osnabrück plant as defence production plans advance

The German state of Lower Saxony is considering acquiring a stake in Volkswagen AG's Osnabrück manufacturing plant as part of efforts to support its transition from automotive production to defence manufacturing, according to a report by Capital magazine. If implemented, the move could become......

Morocco strengthens its automotive industry with competitive production costs

Morocco has further strengthened its position as one of the leading automotive manufacturing hubs serving the European market, supported by competitive production costs, expanding industrial infrastructure, and growing foreign investment in the sector. Recent industry data indicate that Renault's......

Volkswagen rescue plan faces uncertainty after stakeholder talks end without concrete measures

Volkswagen's efforts to advance a broad restructuring plan remain clouded by uncertainty after high-level discussions with key stakeholders concluded without clear announcements on the company's proposed cost-cutting measures. A meeting of the German automaker's supervisory board ended late......

KNDS explores takeover of Mercedes and Volkswagen plants amid defence expansion push

The Franco-German defence company KNDS is reportedly in discussions to take over industrial facilities owned by major German carmakers, as the defence sector seeks to expand production capacity. According to media reports, KNDS is in talks with Mercedes-Benz Group regarding the possible acquisition......

Italy's Brembo raises revenue outlook, eyes M&A as shares surge

Italian braking systems manufacturer Brembo has upgraded its financial outlook for the year, citing stronger-than-expected resilience despite recent global supply chain disruptions linked to geopolitical tensions. The company now anticipates a 3% increase in annual revenue at constant exchange rates,......

Morocco's automotive exports surge 12.1% to nearly 42 billion dirhams in the first quarter

Morocco's automotive sector delivered a strong export performance in the opening quarter of 2026, with sales abroad reaching nearly 42 billion dirhams by the end of March, a 12.1% increase compared to the same period a year earlier. The figures, released by the Office des Changes in its latest monthly......

Exide Industries reports strong quarterly profit growth on rising auto demand

Indian battery manufacturer Exide Industries Ltd reported a significant increase in its quarterly performance, supported by strong demand from the automotive sector and favorable tax policies. The company benefited from sustained growth in vehicle sales across multiple segments, including two-wheelers,......