automotive

The carmaker joins Stellantis and GM in reporting hits to their profits as tariffs drive up costs for the industry. Volkswagen has reported $1.5bn in losses in the first half …

Lotus has reassured the UK business secretary at an urgent meeting on Sunday that it has no intention of shutting its Norfolk factory, as the British sports car maker prepares …

Intel is shutting down its business dedicated to making processors for cars. In a memo seen by The Oregonian, Intel tells workers that it plans to lay off “most” employees …