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Industrial Acceleration Act: Toyota and JLR warn that the plan threatens investments and jobs /Renault joins VW and Stellantis in promoting the "made in Europe" plan

Europe's proposed "Made in Europe" rules for the automotive industry split the industry between global manufacturers warning of rising...

Uncertainty about downflow affects distribution in Italy

Both the long products and flat products sectors in Italy are stagnating, and pipe prices are declining...

The EU steel trade regime has been put into effect by law

The European Council has officially approved the new EU framework program for the protection of steel trade, which will allow...

Magona is nearing a resumption of activity

The sale of the Italian Magona service center in Piombino, Tuscany, is progressing, according to sources close to the company...

Severstal has launched its own production of residential housing kits

Severstal has launched its own production of residential housing kits...

The most popular electric vehicles in May

Last month, the Ukrainian fleet was replenished with 2,652 units. Vehicles powered by rechargeable power sources (BEV), Ukravtoprom reports....

Strategic partnerships are becoming a necessity as automakers face challenges in software and electric vehicles.

According to the Boston Consulting Group, automakers are increasingly turning to partnerships to share software, infrastructure for electric...

Electric cars: France and six other countries oppose Germany and Italy

The French government is leading the initiative, together with Denmark, Luxembourg, the Netherlands, Portugal, Spain and Sweden, to prevent further...

China sales review for May: Auto giants find growth opportunities outside the domestic market

Leading Chinese automakers reported significant sales growth in May 2026, but the driving forces behind this growth are not just…...

Net profit of Metinvest Resource increased to UAH 7 million

Metinvest-Resurs LLC (Zaporizhia) in January-March of this year increased its net profit by 20.3% compared to the same period last year to UAH 7,044...

The market for new cars has slowed down: the results of May

Last month, Ukrainians purchased about 5.5 thousand. New passenger cars, Ukravtoprom reports. This is 18% less than in May.…...

Mitsubishi Motors and Nissan will launch services for the sale of electricity from electric vehicles to the network

Mitsubishi Motors and Nissan plan to launch car network services starting around 2030, which will allow owners of electric vehicles in Japan to sell...

GAC enters the British electric vehicle market amid increased European expansion

GAC officially entered the British automotive market with new types of energy, starting its operations in the UK on May 28 with a presentation…...

Chinese company SAIC will start production of MG cars at its first European plant in Spain.

The MG brand, owned by SAIC Motor, has chosen Spain as the location of its first European automobile plant, Bloomberg reports. This…...

Peugeot's resurgence amid soaring demand for electric vehicles in France and Germany

Peugeot is capitalizing on the surge in demand for electric vehicles in France and Germany, helping the Stellantis brand recover from its troubles. …...

New passenger car market in the EU in April

According to ACEA, in April 2026, the market for new passenger cars in the EU grew by 5.1% year-on-year.% –…...

Stellantis plans a $70 billion restructuring, building on its success in the United States

Stellantis has unveiled a 60 billion euro ($70 billion) investment plan through 2030 as part of a massive reorganization aimed at…...

Indian company JSW Motors has received $826 million in financing from the State Bank of India

JSW Motors, the automotive division of billionaire Sajjan Jindal's group, has received a credit facility worth approximately 80 billion rupees...

XPENG presented the first production car Robotaxi

XPENG unveiled its first Robotaxi production vehicle in Guangzhou, positioning it as China's first fully built Robotaxi production program.…...

The most popular electric vehicles in April

Last month, the Ukrainian fleet was replenished with 3007 units. Vehicles powered by rechargeable power sources (BEV), Ukravtoprom reports. Regarding...

Bus market in April

According to Ukravtoprom, 182 buses (including minibuses) were added to the Ukrainian fleet last month. This is 13% less than in April.…...

Spirit AI and Bosch China have entered into a strategic partnership agreement to jointly promote the large-scale implementation of embodied intelligence.

On May 6, 2026, Spirit AI and Bosch China entered into a strategic partnership agreement to accelerate the commercialization of universal …...

Nissan to cut 900 jobs in Europe as part of global restructuring

Nissan will cut about 900 jobs in Europe, representing about 10% of the regional workforce, and consolidate production at its plant.…...

New truck market in April

During the past month, 1,122 cars were sold on the Ukrainian market of new commercial vehicles (trucks and specials), Ukravtoprom reports. This is on…...

Tesla faces EU skepticism about Autonomous Driving Technology

Elon Musk expressed confidence that the system of "full autonomous driving (under supervision)" (Full Self β€” Driving(Supervised)) Tesla...

Toyota to build 3 factories in India, tripling production in the country

Toyota Motor plans to build three new car assembly plants in Maharashtra, India, which will triple its production capacity...

New car market in April

Last month, Ukrainians purchased about 6.2 thousand new passenger cars, Ukravtoprom reports. This is 3% more than in April...

China has suspended the issuance of new autonomous driving licenses after the incident with Baidu

China has temporarily suspended the issuance of new robotaxi licenses after the serious accident of the Baidu Apollo Go raised safety concerns...

Hyundai Motor leaves competitors far behind: bets on artificial intelligence contribute to the rapid growth of the stock price

Hyundai Motor shares have surged this year, gaining more than 85% despite the uncertainty surrounding the war in Iran and disruptions in the supply...

"Made in Europe": Suppliers demand even stricter regulations

The European Automotive Industry Suppliers Association CLEPA claims that the European Commission's proposals on the Industrial Accelerators Act...

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