Audi bet its future on EVs. Now it’s selling America a V8 with cupholders.
Audi bet its future on EVs. Now it’s selling America a V8 with cupholders.

Audi spent years betting its future on electric cars. Its new flagship for America runs on a V8, with big cupholders and a ChatGPT assistant. The German brand unveiled the Q9 this week. It is a full-size three-row luxury SUV built, in Audi’s own words,…

Porsche is cutting another 5,000 jobs. Total layoffs now approach 9,400.
Porsche is cutting another 5,000 jobs. Total layoffs now approach 9,400.

Porsche will cut another 5,000 jobs by 2035 under a second restructuring package agreed between management and labour representatives. The cuts come on top of 3,900 job reductions and an additional 500 announced by CEO Michael Leiters earlier this year…

Volkswagen wants tariff protection after Chinese brands grab 28% of Europe’s PHEV market
Volkswagen wants tariff protection after Chinese brands grab 28% of Europe’s PHEV market

Volkswagen CEO Oliver Blume is demanding the European Union impose higher tariffs on Chinese plug-in hybrids after the Tiguan PHEV dropped from Europe’s best-selling plug-in hybrid to fourth place in a single year. The BYD Seal U now leads the segment,…

New data shows EV batteries are lasting far longer than buyers think, yet US sales keep falling
New data shows EV batteries are lasting far longer than buyers think, yet US sales keep falling

Modern electric vehicles retain an average of 97 percent of their original range after three years and 95 percent after five years, according to a new analysis by EV data company Recurrent. For a 2026 model with a rated range of 325 miles, that means r…

Ford and Geely will build EVs together at Ford’s plant in Spain. Ford owns 66%, Geely 34%.
Ford and Geely will build EVs together at Ford’s plant in Spain. Ford owns 66%, Geely 34%.

Ford and Geely announced a manufacturing joint venture on Thursday that will produce electric vehicles at Ford’s plant in Valencia, Spain. Ford will own 66% of the venture, Geely 34%. Pending regulatory approvals, operations begin in the first half of …

Tesla sold 25% more cars and made 57% less operating profit. The AI spending is the reason.
Tesla sold 25% more cars and made 57% less operating profit. The AI spending is the reason.

Tesla delivered 480,126 vehicles in the second quarter, its highest-ever quarterly total, and generated record revenue of $28.24 billion, up 26% year-on-year. Operating income fell 57% to $398 million. Adjusted earnings of 33 cents per share missed the…

Electrified cars power Europe’s car market as Chinese brands hit a record share
Electrified cars power Europe’s car market as Chinese brands hit a record share

Battery-electric and hybrid models did almost all the work of keeping the European market in growth, and Chinese badges are increasingly the ones doing the selling. One in five new cars registered in the European Union so far this year was fully electr…

Europe’s EV market share tops 25 percent for the first time as June registrations surge nearly 40 percent
Europe’s EV market share tops 25 percent for the first time as June registrations surge nearly 40 percent

Battery-electric registrations across 17 European markets hit 275,060 in June 2026, a jump of nearly 40 percent compared to the same month last year, according to the E-Mobility Europe bulletin published by New AutoMotive. The figure pushed EVs past 25…

GM beats Q2 earnings and announces gas-powered Cadillacs as nearly $11 billion EV retreat nears completion
GM beats Q2 earnings and announces gas-powered Cadillacs as nearly $11 billion EV retreat nears completion

General Motors beat Wall Street’s second-quarter estimates by 37 cents a share on Tuesday, raised its full-year earnings guidance for the second time this year, and used the same earnings call to announce that Cadillac will launch new gas-powered versi…

Volkswagen’s new e-bike has a rearview camera, radar, and fighter-pilot smart glasses
Volkswagen’s new e-bike has a rearview camera, radar, and fighter-pilot smart glasses

Volkswagen has put its name on an e-bike built around the kind of safety technology you would normally find in a car. The Volkswagen eBike, manufactured by n+ under licence, features a rear-mounted camera that streams a live feed to a handlebar display…