The automotive sector faced a significant decline in profitability in the third quarter of this year. After reporting a record drop in profits, Porsche became the second German automaker to experience such a decline. Daimler faced a similar situation. Meanwhile, Renault has been the only company so far to confirm its year-end financial targets. Industry analysts suggest that Porsche and Daimler anticipated this year’s losses and reflected them in their financial statements, a

The automotive industry doesn’t forgive mistakes. Rapid growth often increases the likelihood of quality issues — especially in emerging technologies like electric vehicles (EVs) and PHEVs (Plug-in Hybrid Electric Vehicles), where systems are still evolving. Chinese automaker BYD, one of the fastest-growing players in the market, is now facing this very challenge. According to a Reuters report, BYD — often dubbed China’s rising star — is conducting the largest vehicle recall

Rumors that NVIDIA may produce its own robotaxi have sent shockwaves through the automotive sector. Following the Artificial Intelligence (AI) revolution that made it the world’s most valuable company, NVIDIA could now become one of the biggest rivals to traditional automakers. According to reports, the in-house robotaxi project will serve as a “technology showcase”, powered by NVIDIA’s DRIVE AGX Thor system and end-to-end neural networks. If the rumors are true, this would m

It’s not new for once-beloved automotive brands to fall into trouble due to poor strategic decisions.A striking example is the group of brands now under Stellantis — many of which were once independent manufacturers that had to merge under one company after facing financial difficulties. The shift to electrification brought a new set of challenges to the industry.Manufacturers invested heavily in an evolving, not yet mature technology. However, vehicles became outdated within

Many automakers have released models that failed to meet expectations, but among them, the Tesla Cybertruck holds a special place.Unveiled at the end of 2023 and launched for sale in 2024, the model’s sales figures are as follows: Q1 2024: 2,800 units Q2 2024: 8,800 units Q3 2024: 16,700 units Q4 2024: 10,700 units Q1 2025: 6,400 units Q2 2025: 4,300 units Q3 2025: 5,400 units Due to its weight, dimensions, and failure to meet global pedestrian safety standards, the Cy

China currently has an estimated production capacity of around 55 million vehicles, with only about 50% of that capacity being utilized....

According to Bloomberg, BYD shares have lost about 30% since May, erasing $45 billion in market value. The decline stems from price wars...