Author: News Desk

Mercedes-Benz has paused new orders in the U.S. for several of its top-selling electric vehicles, citing ‘current market conditions’ as the reason for the move, and has not provided a timeline for when it will begin accepting orders. The company has already closed the orders for both sedan and SUV versions of the EQS and EQE models in the U.S. “As a company with global activities and more than 30 plants worldwide, including in Alabama and South Carolina, Mercedes-Benz continuously optimizes its production network and uses its high flexibility to react quickly to market conditions,” a spokesperson said. Additionally, Mercedes…

Nissan declared on Wednesday that it will shut down its CIVAC assembly plant in Cuernavaca, Mexico, by March 2026 due to underutilization and ongoing financial difficulties. The closure will mark the end of operations at the company’s first overseas manufacturing site, which began production in 1966. The move comes just weeks after Nissan announced plans to close its Oppama plant in Japan, as part of its broader Re:Nissan global recovery plan. Under this strategy, the company is cutting its global production capacity from 3.5 million to 2.5 million vehicles, while working to increase plant utilization rates to nearly 100%. To…

The Volkswagen Group has delayed the launch of its Cupra brand in the U.S. to beyond 2030, citing persistent challenges within the automotive sector. Volkswagen initially planned to introduce its Spanish brand Cupra to the U.S. market by 2030, but the timeline has now been pushed back, as the company has ‘strategically decided to postpone’ its American debut until sometime beyond 2030. Cupra pointed to ongoing challenges and evolving market dynamics as reasons for the delay. “We’re not stopping, just postponing our U.S. launch and will continue to monitor market developments in the coming years to determine the best timing…

Chinese autonomous driving technology firm WeRide and ride-hailing leader Uber Technologies revealed on Tuesday that they have extended Robotaxi services to Al Reem and Al Maryah Islands in Abu Dhabi, in collaboration with the Integrated Transport Centre. The service expansion is projected to significantly boost ride volumes, with coverage now extending to roughly half of Abu Dhabi’s central zone, spanning Al Reem, Al Maryah, Yas, and Saadiyat Islands, along with key highway routes connecting to Zayed International Airport. Since its debut in Abu Dhabi in December 2024, the Robotaxi fleet has grown threefold. The companies are now setting sights on…

Audi has revised its full-year 2025 forecast downward, citing rising cost burdens due to U.S. import tariffs, internal restructuring efforts, and weakening demand across major global markets. On Monday, Audi reduced its financial guidance after declaring a 37.5% decline in first-half profits, also attributing the drop to underperformance in the Chinese market. The automaker now anticipates annual revenue between €65 billion and €70 billion, lower than its previous estimate of €67.5 billion to €72.5 billion. It has also adjusted its operating margin outlook to 5%–7% and revised its expected net cash flow down to €2.5 billion to €3.5 billion, from…

Tesla has entered into a $16.5 billion agreement with Samsung Electronics to source its next-generation AI6 chips, according to Tesla CEO Elon Musk. “Samsung’s giant new Texas fab will be dedicated to making Tesla’s next-generation AI6 chip. The strategic importance of this is hard to overstate,” Musk said in a post on X on Monday. “Samsung agreed to allow Tesla to assist in maximizing manufacturing efficiency,” he added. Samsung plans to produce the chips at its forthcoming fabrication facility in Taylor, Texas, a site that has experienced setbacks due to difficulties in keeping customers. Under the terms of the deal,…

Cadillac is introducing new features for its Australian lineup but will retain two widely favored functions that have been phased out in its U.S. models, as reported by the Car Expert. A GM spokesperson confirmed that every Cadillac Lyriq, Lyriq-V, Vistiq, and Optiq model headed to Australia and New Zealand will come equipped with Cadillac Connected Services and wireless smartphone projection, including Apple CarPlay and Android Auto—features that no longer supported in the U.S. counterparts. General Motors, Cadillac’s parent company, drew wide criticism when it revealed its latest EVs would not include Apple CarPlay and Android Auto, two apps that…

Volkswagen revealed on Friday that tariffs imposed by U.S. President Donald Trump have resulted in a financial loss of €1.3 billion ($1.5 billion) for the company in the first half of the year, contributing to a decline in overall profits. The company has since revised its operating profit margin forecast for the year to between 4% and 5%, down from the earlier estimate of 5.5% to 6.5%. It now expects full-year sales to remain flat, rather than achieving the previously projected growth of up to 5%. Volkswagen is the newest addition to the growing list of top automakers reporting multi-billion-dollar…

Hyundai UK has slashed EV prices across its lineup, joining other automakers after the UK government unveiled its new EV grant, a scheme fraught with complexities and limitations. Hyundai has become the latest automaker to react to the government’s complex Electric Car Grant by cutting prices across its entire electric vehicle lineup, including models that clearly won’t qualify for any subsidies. The brand is offering a self-funded discount of up to £3,750, exclusively for retail buyers. The compact Inster benefits from the full £3,750 reduction, bringing its starting price below £20,000. Other models, including the Kona Electric, Ioniq 5, Ioniq…

Mercedes-Benz is steadily progressing toward series production of solid-state batteries, according to Markus Schäfer, the company’s head of development. The company also plans to launch an electric vehicle equipped with solid-state battery technology by the end of the decade. Mercedes has partnered with U.S.-based startup Factorial Energy to bring solid-state battery technology to market. In September, the two companies introduced the Solstice, an all-solid-state battery designed to power Mercedes’ next-generation electric vehicles. These cutting-edge batteries are expected to boost driving range by up to 25%, marking a significant step forward in EV performance and efficiency. Earlier this year, Mercedes achieved…