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European Auto Market Slumps as Electrified Vehicles Gain Traction

Tariffs, retooling costs, stricter CO₂ rules have squeezed profits across Europe, pushing automakers to prioritise electrified models

China Moves to Rein in Manufacturing Overcapacity With Tighter Rules

Trump Imposes 30 Percent Tariffs on EU and Mexican Imports Starting August 1

Xi Jinping Orders Discipline in EV and AI Expansion to Tackle Overcapacity and Deflation

Waymo Expands Austin Robotaxi Service to 90 Square Miles, Cementing Lead Over Tesla

XPeng Raises 2025 Hiring Target to 8,000 and Sets 30,000-Employee Goal

Argentina’s Used-Car Market Posts Strongest First-Half Since 1995

Nissan Launches Voluntary Departure Talks at Sunderland EV Hub

PowerCo’s Sagunt Gigafactory Enters Critical Clean-Room Installation Phase

China Accelerates Rare Earth License Approvals After US Deal, but US and India Still Face Delays

ZF Confronts Layoffs in Schweinfurt After Work-Time Pact Lapses

Rivian Trims Manufacturing Staff Ahead of R2 SUV Production

KOSPI Retreats From Two-Day Advance as Investors Lock In Gains

French Auto Sector to Shed One in Five Jobs by 2035, Study Finds

Renault’s Valladolid Factory to Reinstate Night Shift Bonus in August

Bosch Secures Schwäbisch Gmünd Plant Despite 1,150 Job Cuts

Continental Lowers 2025 Profit Target and Boosts U.S. Tire Output Ahead of Spin-Off

German Battery Market Contracts 16% in 2024 After EV Subsidy Ends

Filosa Unveils Transatlantic Executive Team at Stellantis

EKA Mobility Secures Rs 200 Crore to Expand Factories and Develop Ultra-Fast Charging for Electric Buses