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Auto giants rally as China considers Nexperia chip export exemptions

Sagar8 months ago02 mins

In this photo illustration, the logo of semiconductor manufacturer Nexperia is displayed on a screen. Vcg | Visual China Group | Getty Images Shares of Europe’s biggest carmakers rose on Monday as fears over an industry shortage of semiconductors appeared to recede. China on Saturday said it would consider some exemptions for Nexperia chip exports….

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Auto giants tumble as EU’s new steel tariffs spark industry panic

Sagar9 months ago03 mins

The BMW brand logo can be seen on the BMW four-cylinder (also known as the BMW tower and BMW high-rise), the main administration building and landmark of the vehicle manufacturer BMW. Picture Alliance | Picture Alliance | Getty Images Shares of Europe’s biggest carmakers traded lower on Wednesday, amid concern that the European Union’s latest…

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  • Business

Chinese EV firms take fight to European automakers on their home turf

Sagar9 months ago05 mins

Xpeng CEO He Xiaopeng speaks to reporters at the electric carmaker’s stand at the IAA auto show in Munich, Germany on September 8, 2025. Arjun Kharpal | CNBC Germany this week played host to one of the world’s biggest auto shows — but in the heartland of Europe’s auto industry, it was buzzy Chinese electric…

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Qualcomm, BMW launch driverless tech, CEO says other carmakers next

Sagar9 months ago03 mins

A concept car shows off Qualcomm’s auto technology. The car was on display at the Qualcomm booth at the IAA Mobility show in Munich on September 9, 2025. Arjun Kharpal | CNBC Qualcomm’s self-driving technology developed alongside BMW is expected to spark significant interest from other automakers keen to licence the system, the CEO of…

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Chinese auto giant GAC targets 17-fold boost to European sales by 2027

Sagar9 months ago02 mins

The Aion V is one of the cars GAC is launching in Europe as it looks to expand its presence in the region. The Aion V is on display at the company’s stand at the IAA Mobility auto show in Munich, Germany on September 9, 2025. Arjun Kharpal | CNBC Guangzhou Automobile Group (GAC) aims…

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  • Business

Xpeng plans global launch of mass-market Mona series in 2026

Sagar10 months ago04 mins

Xpeng CEO He Xiaopeng speaks to reporters at the electric carmaker’s stand at the IAA auto show in Munich, Germany on September 8, 2025. Arjun Kharpal | CNBC Xpeng plans to launch its mass-market Mona series in overseas markets next year in a move that will boost competition with its Chinese rivals and established automakers…

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VW, BMW and Renault take the fight to Chinese rivals

Sagar10 months ago04 mins

The logo of German car maker Mercedes-Benz is seen as a person stands in front of the company’s booth before the opening of the International Motor Show IAA on September 7, 2025, in Munich, southern Germany. Tobias Schwarz | Afp | Getty Images Europe’s embattled auto giants are embarking on a product blitz, seeking to…

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BMW doubles down on software to take on Tesla, Chinese EV rivals

Sagar10 months ago03 mins

Oliver Zipse, Chairman of the Board of Management of BMW, presents the BMW iX3 on stage at the world premiere before the start of the International Motor Show (IAA Mobility) as the first model in BMW’s “New Class”. Picture Alliance | Picture Alliance | Getty Images German auto giant BMW is doubling down on its…

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Tesla Europe sales plunge 40%, Chinese EV rival BYD up 225%

Sagar10 months ago03 mins

Elon Musk, during a news conference with President Donald Trump, inside the Oval Office at the White House in Washington on May 30, 2025. Tom Brenner | The Washington Post | Getty Images Sales of Tesla cars in Europe plunged in July, in the company’s seventh consecutive month of declines, while Chinese rival BYD saw…

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China’s electric vehicle juggernaut is reshaping the car market

Sagar10 months ago06 mins

Workers from Chinese electric vehicle (EV) company NIO inspect vehicles in the final quality control area on the automated production line at the companys manufacturing hub on January 17, 2025 in Hefei, China. Kevin Frayer | Getty Images News | Getty Images The speed and scale of China’s electric vehicle revolution has caught the world…

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