Tag: Automotive

BMW deliveries fall 6.3% in third quarter as China sales slump

BMW reported on Tuesday a year-on-year 6.3% decline in global ​vehicle deliveries in the ‌third quarter, as sales in China fell by a quarter.

VW chief calls for France and Germany to co-operate on China car fightback

Volkswagen’s chief executive has called for greater co-operation between France and Germany to strengthen European competitiveness, saying it was not too late to respond to the threat posed by Chinese competitors. 

Mercedes-Benz reports 8% drop in Q3 car sales amid china slump

The company delivered 407,200 car units during the July-September period, according to a statement. Car sales in the U.S. increased 6% while European sales rose 5%.

Πετρόπουλος: Deal 21 εκατ. ευρώ για την εξαγορά της Ισμαήλος – Άνοιγμα σε Mercedes-Benz και Toyota

Σε συμφωνία για την ενδεχόμενη πλήρη εξαγορά της επιχειρηματικής δραστηριότητας της Α. Ισμαήλος Α.Ε., εξουσιοδοτημένου διανομέα και επισκευαστή οχημάτων Mercedes-Benz στην Αττική, προχωρά η Πέτρος Πετρόπουλος Α.Ε.Β.Ε., διευρύνοντας την παρουσία της στη λιανική πώληση και το service αυτοκινήτων.

Stellantis Italy output seen rebounding in 2026 after two years of decline, union says

Stellantis is expected to produce around 450,000 vehicles in Italy this year, up from 2025 ​levels but below initial expectations, the FIM ‌Cisl union said on Tuesday in its quarterly report on the automaker’s output in the country.

Lucid’s Q3 deliveries fall 6.7% as EV maker cuts production to align with demand

Lucid Group reported a 6.7% decrease in year-over-year vehicle deliveries during the third quarter, after the embattled all-electric vehicle maker cut production to better align with slower customer demand.

Autohellas: Στο 61,28% αυξήθηκε το ποσοστό της Main Stream S.A.

Στις 18/09/2026, η Εταιρεία Main stream S.A., προέβη στην Αγορά συνολικά 675 ονομαστικών μετοχών της AUTOHELLAS A.T.E.E. αξίας Ευρώ 7.087,50€ και στις 21/09/2026 προέβη στην αγορά 2.763 ονομαστικών μετοχών της AUTOHELLAS A.T.E.E. αξίας Ευρώ 29.917,28.

Tesla Stock Is Up. Elon Musk’s EV Maker Is Investment Grade.

Elon Musk’s EV Maker Is Investment Grade. Tesla investors recently got some good news from Fitch.

Chinese automakers scour Europe for factories ahead of EU local content rules, says BYD adviser

As Chinese automakers search Europe for production ​sites ahead of expected EU local content rules, BYD’s European adviser says he’s always running into ‌rivals’ executives in airport lounges on the same quest.

Volvo Cars plans 13 new models by 2030 in bid to double market share

 Volvo Cars said on Thursday it will launch 13 new models between now and 2030 to double its market share as the Sweden-based automaker grapples with the fallout of U.S. tariffs and slumping sales in China. The company’s shares rose almost 2% following the announcement.

Tesla Stock Drops as Musk Adds to the Chorus of AI Concern

Tesla stock dropped early on Monday after CEO Elon Musk joined those concerned about humanity’s ability to control AI.

Autohellas: Στα €72 εκατ. τα κέρδη μετά από φόρους στο εννεάμηνο, στα €229 εκατ. τα EBITDA

Ο Όμιλος Autohellas ανακοινώνει τα οικονομικά αποτελέσματα του τρίτου τριμήνου του 2025, με τον Κύκλο Εργασιών να ανέρχεται σε €286,5 εκατ. Το EBITDA διαμορφώθηκε στα €103,3 εκατ. για το τρίμηνο με αύξηση 4,4%, ενώ τα Κέρδη μετά από φόρους (ΕΑΤ) έφτασαν τα €40,1 εκατ. με αύξηση 2,9%.

Volkswagen weighs Ducati sale in portfolio overhaul

Volkswagen AG is considering selling Italian motorcycle brand Ducati as part of a broad review of its business holdings, Bloomberg reported on Tuesday, citing an interview with Audi Chief Executive Gernot Döllner.

Πετρόπουλος: Συμφωνία 6,5 εκατ. ευρώ για το 100% της «Τζώρτζης» – Ανοίγει το δίκτυο Jaguar Land Rover στην Ελλάδα

Η σχεδιαζόμενη Εξαγορά εντάσσεται στην στρατηγική επέκτασης της Εταιρείας στον τομέα της λιανικής εμπορίας και παροχής υπηρεσιών συντήρησης (service) οχημάτων Jaguar Land Rover, των οποίων η Εταιρεία είναι ο επίσημος εξουσιοδοτημένος εισαγωγέας τους στην Ελλάδα.

BYD targets more than 2.5 million vehicle exports in 2027, brokerages say

Chinese electric vehicle maker BYD, expects overseas shipments to exceed 2.5 million vehicles in 2027, two major ​brokerages said on Tuesday, citing a group meeting ‌with company management.

UK’s Jaguar Land Rover to cut nearly 10% of workforce under turnaround plan

Britain’s Jaguar Land Rover said on ‌Monday it would cut nearly 10% of its workforce through voluntary redundancies over the next two years, as the car industry faces heightened pressures including from Chinese competition and tariffs.

Volkswagen’s surprise turnaround deal averts showdown as job cuts loom

Volkswagen ​shares hit an 11-week high after the supervisory board of Europe’s largest automaker late on Thursday struck an ambitious turnaround ‌agreement that put the focus on sweeping job cuts and averted a clash between major stakeholders.

Li Auto invests $395 million in Sunwoda battery unit

Chinese electric vehicle manufacturer Li Auto will put 2.65 billion yuan ($394.89 million) into Sunwoda Power Technology, a subsidiary of battery producer Sunwoda Electronic, according to a stock exchange filing released today.

China’s NIO Narrows Loss on EV Sales Growth, Expects Volume Pickup

Chinese electric-vehicle maker NIO  reported a narrower quarterly loss, thanks to robust deliveries and its premium positioning, and signaled that momentum was building despite a tepid start to the third quarter.

Nissan and Honda sign deal to co-develop ECUs for next-gen vehicles

Nissan Motor Co. and Honda Motor Co. have signed a joint development agreement to standardize electronic control units (ECUs) and software for their next-generation software-defined vehicles (SDVs), according to a statement released Aug. 31, 2026.