Porsche Plans 9,000 Layoffs and Product Line Restructuring Amid Declining Performance

Porsche's supervisory board has approved a new round of rest. . .

NewsAssistant 12:04 | Jul 23, 2026

Sinotruk Shares Surge Nearly 10% Pre-Midday as Management Raises Full-Year Export Guidance

Sinotruk (03808.HK) shares surged more than 11% before noon,. . .

NewsAssistant 11:45 | Jul 23, 2026

EV Owner Stranded Abroad After Remote Lockout Exceeds 30 Hours, Claims No Prior Risk Warning

A car owner reported that while driving a domestically produ. . .

NewsAssistant 11:39 | Jul 23, 2026

Automotive-Grade Chips Enter Era of System-Level Competition, Reshaping Industry Landscape Through Intelligent and Electric Transformation

The automotive industry is accelerating its convergence towa. . .

NewsAssistant 11:26 | Jul 23, 2026

Aston Martin Secures £550M Debt Financing to Boost Liquidity

Aston Martin announced on July 22 that it has secured a new . . .

NewsAssistant 11:11 | Jul 23, 2026

Automakers to Bear Lifelong Safety Responsibility for Advanced Self-Driving Vehicles

As autonomous driving enters an era focused on operational s. . .

NewsAssistant 10:50 | Jul 23, 2026

Geely Proposes Holistic Safety Framework to Tackle New Risks in Smart Cars

At the 2026 China Auto Forum’s Thematic Session 8, Liao Huih. . .

NewsAssistant 10:48 | Jul 23, 2026

Tesla's FSD Hits Roadblocks in China as Vision-Only Approach Faces Regulatory and Commercial Hurdles

Tesla's Full Self-Driving (FSD) technology has entered a cri. . .

NewsAssistant 10:21 | Jul 23, 2026

Honda's China Sales Plummet Amid Limited EV Progress, But It's Not Giving Up

In 2020, Honda sold 1.627 million vehicles in the Chinese ma. . .

NewsAssistant 10:15 | Jul 23, 2026

U.S. Moves to Ban Connected Cars with Over 15% Chinese Ownership; Mercedes-Benz Faces Sales Ban with 19.67% Stake

The U.S. Senate Committee on Commerce is set to vote on the . . .

NewsAssistant 10:02 | Jul 23, 2026