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Keywords: Automotive industry
Chinese technology company Xiaomi has expanded its electric vehicle portfolio with the launch of the SkyNomad SUV series, marking its entry into the large family SUV segment as competition intensifies in the world's biggest automotive market. The new lineup is designed to appeal to families seeking......
Stellantis delivered a markedly stronger second quarter, returning to profitability after last year's losses as higher vehicle sales and improving commercial performance lifted revenue across key markets. The global automaker reported net profit of €293 million for the April-to-June period,......
On the occasion of the 27th anniversary of his accession to the Throne of his Glorious Ancestors, His Majesty King Mohammed VI delivered his annual Throne Day address to the Moroccan people. Below is the full text of the Royal Speech: "Praise be to God. May peace and blessings be upon the Prophet,......
On the occasion of the 27th anniversary of his accession to the Throne of his illustrious ancestors,HM King Mohammed VI delivered his traditional Throne Speech, outlining Morocco's main priorities and strategic direction for the years ahead. In an address marked by confidence and a call for collective......
Audi has officially introduced the new Q9, a large luxury SUV designed to compete with established models such as the BMW X7 and Mercedes-Benz GLS. The vehicle combines a spacious interior, advanced technology and a range of powerful engines, positioning it as a new flagship in Audi's SUV lineup. Measuring......
Germany recalled around 1.78 million vehicles in 2025 after authorities identified various technical defects during market inspections and safety checks, according to data from the country's Federal Motor Transport Authority. The number of vehicles affected by recall campaigns fell by approximately......
German automaker BMW is preparing to reduce its workforce by around 8,000 positions by the end of 2027 as part of a voluntary departure program agreed with employee representatives. The measure comes as the luxury car manufacturer faces weaker demand in key markets and growing pressure to improve efficiency. According......
Kia has announced plans to manufacture and sell a fully electric vehicle in Mexico, reinforcing the country's growing role as a strategic hub for electric vehicle production in North America. The automaker will invest $649 million in its Mexican operations, according to Hugo Chávez, Kia's......
Eicher Motors reported quarterly earnings above market expectations, supported by robust domestic demand for its iconic Royal Enfield motorcycles and the positive impact of price increases. For the quarter ended June 30, the Indian automaker posted a consolidated net profit of 14.63 billion rupees (approximately......