July 29, 2026 4:01 pm, EDT Ola Källenius, CEO of Mercedes-Benz Group. (Alex Cross/Bloomberg) key takeaways: Mercedes-Benz CEO Ola Källenius said in Finland that intense price competition in China’s auto market will likely persist for years. Chinese brands, led by BYD, are dominating EVs and targeting luxury buyers, contributing to Mercedes’ 30% China sales decline
The biggest car news and reviews, no BS Our free daily newsletter delivers the stories that really matter straight to you every weekday. Flock isn’t just at the center of a national debate, it came to the center of my life when the system tracked me for days and four cops ambushed my wife and
If you had told motorcycle fans a year ago that one of the industry’s hottest personalities would be the founder of a young Chinese manufacturer, many would have raised eyebrows. Yet here we are. ZXMoto has already done what many thought was impossible, winning the FIM Supersport World Championship with its 820RR-RS. Now its founder,
Atletico Madrid have dealt a blow to the transfer ambitions of Arsenal and Barcelona, with CEO Miguel Ángel Gil clearly stating that Julian Alvarez will not leave the Metropolitano this summer – even if the offer reaches €200 million. The Argentine striker, who has been heavily linked with both the Premier League champions and the
The biggest car news and reviews, no BS Our free daily newsletter delivers the stories that really matter straight to you every weekday. you are welcome downshiftor TDS for short, of drive Morning News Roundup brings you the biggest automotive headlines from around the world. in every thing downshift It includes a link you can
July 13, 2026 9:10 am, EDT Electric van assembly at the Volkswagen plant in Hanover, Germany. (Kriztian Bocci/Bloomberg) key takeaways: Volkswagen CEO Oliver Blume outlined plans to cut an additional 50,000 jobs globally as part of broader cost cuts. The move reflects pressure from nearly 20% higher overheads at rivals and weak demand in China
Ford CEO Jim Farley said in an interview that the automaker is not “satisfied” with quality improvements. He said the Dearborn-based automaker has “a lot of work left to do.” Ford has issued 56 recalls for 12.1 million vehicles so far this year. Ford has taken the top spot in J.D. Power’s latest initial quality
The VW factory in Wolfsburg, Germany. (Kriztian Bocci/Bloomberg) July 9, 2026 11:04 am, EDT key takeaways: Volkswagen labor leaders, led by Daniela Cavallo, protested against plans for massive job cuts and factory closures at a major supervisory board meeting in Wolfsburg. The dispute reflects pressure to cut costs amid weak profits in China and higher
VW Tiguan and Teron SUV automobiles on the assembly line at a factory in Wolfsburg, Germany. (Kriztian Bocci/Bloomberg) July 8, 2026 9:24 am, EDT key takeaways: Volkswagen CEO Oliver Blume is seeking the supervisory board’s support for a sweeping restructuring that could cut 100,000 jobs and close four German plants. The overhaul reflects growing pressure
Juventus’ pursuit of Randle Kolo Muani has reached a serious impasse, as CEO Giovanni Carnevali has confirmed that talks with Paris Saint-Germain over the French striker’s transfer fee remain deadlocked. The Turin giants, who are still reeling from the departure of Dusan Vlahovic following the expiry of his contract on June 30, have made no