Visitors attend the booth of German car producer Volkswagen Group on the opening day of the IAA MOBILITY 2025 automobile fair on September 09, 2025 in Munich, Germany. Johannes Simon | Getty Images News | Getty Images Europe’s ban on the sale of new diesel and gasoline cars and vans from 2035 has been thrust… Continue reading Europe’s hotly contested ban on new gasoline cars is back in the spotlight
Author: CNBC Online news
Hyundai immigration raid could leave other businesses reassessing their workforces
This image from video provided by U.S. Immigration and Customs Enforcement via DVIDS shows manufacturing plant employees being escorted outside the Hyundai Motor Group’s electric vehicle plant, Thursday, Sept. 4, 2025, in Ellabell, Ga. Corey Bullard/U.S. Immigration and Customs Enforcement via AP Last week’s sweeping immigration raid on a Hyundai facility in Georgia could spell… Continue reading Hyundai immigration raid could leave other businesses reassessing their workforces
Chinese auto giant GAC targets 17-fold boost to European sales by 2027
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… Continue reading Chinese auto giant GAC targets 17-fold boost to European sales by 2027
Legacy car brands launch a product blitz to take the fight to China
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… Continue reading Legacy car brands launch a product blitz to take the fight to China
What to know about the Hyundai-LG plant immigration raid in Georgia
This image from video provided by U.S. Immigration and Customs Enforcement via DVIDS shows manufacturing plant employees being escorted outside the Hyundai Motor Group’s electric vehicle plant, Thursday, Sept. 4, 2025, in Ellabell, Ga Corey Bullard/U.S. Immigration and Customs Enforcement via AP The South Korean government said it is working to return its nationals who… Continue reading What to know about the Hyundai-LG plant immigration raid in Georgia
Chinese EV maker Xpeng eyes global launch of mass-market Mona brand in 2026
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 brand in overseas markets next year in a move that will boost competition with its Chinese rivals and established automakers… Continue reading Chinese EV maker Xpeng eyes global launch of mass-market Mona brand in 2026
Volkswagen targets dominance in Europe with affordable EV push
The Volkswagen ID.CROSS Concept is on stage during a press conference before the start of the International Motor Show (IAA Mobility). The IAA Mobility 2025 will take place in Munich from September 9-14, 2025. Picture Alliance | Picture Alliance | Getty Images The chief executive of Volkswagen says the German auto giant is pushing to… Continue reading Volkswagen targets dominance in Europe with affordable EV push
Tesla’s nearly $1 trillion new pay plan for Musk would expand his voting power
watch now Tesla is asking investors to approve yet another outsized pay plan for CEO Elon Musk, according to a financial filing out Friday. The total package is worth about $975 billion based on the maximum payout, assuming share count remains. The proposed plan for Musk, already the world’s wealthiest individual, consists of 12 tranches… Continue reading Tesla’s nearly $1 trillion new pay plan for Musk would expand his voting power
BMW doubles down on software and brand value to take on Tesla, Chinese EV rivals
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… Continue reading BMW doubles down on software and brand value to take on Tesla, Chinese EV rivals
Waymo to begin testing at San Jose airport this fall
Waymo partners with Uber to bring robotaxi service to Atlanta and Austin. Uber Technologies Inc. Alphabet’s Waymo unit will begin test-driving robotaxis at its first California-based airport, the company said Thursday. The autonomous car unit has been cleared to begin testing driverless rides at the San Jose Mineta International Airport in San Jose, California, this… Continue reading Waymo to begin testing at San Jose airport this fall