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 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. It… Continue reading Auto giants rally as China says it will consider exemptions for Nexperia chip exports
Author: CNBC Online news
Xpeng tops over 40,000 monthly deliveries again as its mass market strategy plays out
SHANGHAI, CHINA – OCTOBER 16, 2025 – New energy vehicles displayed in Xiaopeng Motors store in Shanghai, China on October 16, 2025. (Photo credit should read CFOTO/Future Publishing via Getty Images) Cfoto | Future Publishing | Getty Images While most Chinese electric vehicle makers have seen ups and downs, Xpeng has built a slow and… Continue reading Xpeng tops over 40,000 monthly deliveries again as its mass market strategy plays out
Where the Nexperia auto chip crisis stands now as the U.S., China and EU race to contain fallout
The logo of Chinese-owned semiconductor company Nexperia is displayed at the chipmaker’s German facility, after the Dutch government seized control and auto industry bodies sounded the alarm over the possible impact on car production, in Hamburg, Germany, Oct. 23, 2025. Jonas Walzberg | Reuters Netherlands-based chipmaker Nexperia is at the heart of a standoff between… Continue reading Where the Nexperia auto chip crisis stands now as the U.S., China and EU race to contain fallout
Musk teases Tesla Roadster demo by year-end. He’s been hyping a new one since 2017
Toyota Motor Corp President Akio Toyoda gets out of a Tesla Motor’s Roadster electric car with Tesla Motors Chief Exective Officer Elon Musk (behind car) upon their arrival at a news conference in Tokyo November 12, 2010. Issei Kato | Reuters Eight years ago, Tesla CEO Elon Musk promoted a next-generation Roadster, basing the name of the… Continue reading Musk teases Tesla Roadster demo by year-end. He’s been hyping a new one since 2017
A ‘war room’ mentality: How auto giants are battling the Nexperia chip crunch
A Honda sedan moves down the assembly line on Jan. 28, 2025 at the automaker’s assembly plant in Marysville, Ohio. Michael Wayland / CNBC Global automakers are once again bracing for production disruptions due to a potential shortage of automotive semiconductor chips, this time sparked by the Dutch government amid geopolitical tensions between the U.S.… Continue reading A ‘war room’ mentality: How auto giants are battling the Nexperia chip crunch
Jeep maker Stellantis stock falls 9% after issuing warning on one-off costs
A new Jeep Wrangler 4-Door Sahara 4×4 vehicle displayed for sale at a Stellantis NV dealership in Miami, Florida, US, on Saturday, April 5, 2025. Eva Marie Uzcategui | Bloomberg | Getty Images Shares of Stellantis fell sharply Thursday after the automaker issued a warning on one-off costs through the second half of the year… Continue reading Jeep maker Stellantis stock falls 9% after issuing warning on one-off costs
South Korean auto, shipbuilding shares climb after trade deal finalized
watch now South Korean auto and shipbuilding stocks rallied Thursday after Seoul and Washington finalized a trade deal announced back in July. Hanwha Ocean spiked as much as 14.9% before paring gains to close 6.9% higher at the end of the session, while Samsung Heavy Industries — which climbed 8.33% at its peak — finished… Continue reading South Korean auto, shipbuilding shares climb after trade deal finalized
GM lays off more than 1,700 at sites in Michigan, Ohio, citing EV challenges
The Ultium Cell factory in Warren, Ohio, is shown, July 7, 2023. Gene J. Puskar | AP General Motors laid off roughly 1,700 workers at manufacturing sites in Michigan and Ohio on Wednesday, citing a slowdown in the electric vehicle market. The company confirmed there were around 1,200 layoffs at Detroit’s electric vehicle plant and 550 cuts… Continue reading GM lays off more than 1,700 at sites in Michigan, Ohio, citing EV challenges
Jaguar Land Rover’s cyberattack holds an ominous lesson for British businesses
A general view of JLR signage at the Jaguar Land Rover vehicle manufacturing plant in Castle Bromwich on September 30, 2025 in Birmingham, United Kingdom. Christopher Furlong | Getty Images News | Getty Images A major cyberattack on Jaguar Land Rover, considered the most expensive security breach in British history, has prompted experts to question… Continue reading Jaguar Land Rover’s cyberattack holds an ominous lesson for British businesses
Lucid targets industry-first self-driving car technology with Nvidia
The Lucid display is seen at the New York International Auto Show on April 16, 2025. Danielle DeVries | CNBC Lucid Group is targeting a new goal that would make it the first automaker to offer highly advanced self-driving capabilities in its vehicles in the coming years, the company said Tuesday. The all-electric vehicle manufacturer… Continue reading Lucid targets industry-first self-driving car technology with Nvidia