Ford unveils a new electric van and hybrid SUV, aiming to double its market coverage and fend off growing competition from Chinese car brands.
TRANSPORT
Ford Appoints Murray Naismith as ANZ CFO
Murray Naismith has returned to Ford as Australia and New Zealand CFO after 20 years, bringing nearly three decades of automotive finance and operational experience across Australia, New Zealand and South-East Asia.
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Waymo Weighs Ending Uber Partnership
Alphabet's robotaxi unit is reportedly considering ending its partnership with Uber as relations between the companies deteriorate.
Tesla Earnings Miss as AI Expansion Weighs on Cash Flow
The EV maker reported disappointing quarterly profit and negative free cash flow while reaffirming plans to spend more than $25 billion on AI and robotics this year.
Qantas Avoids Investigation Over Data Breach Affecting More Than 5M Australians
The OAIC has decided not to investigate Qantas over its 2025 data breach, saying the airline had reasonable security measures in place despite more than 5.12 million customers being affected.
Germany’s EV Market Expands as Comparable Prices Fall 18%
The number of battery electric models available in Germany more than quadrupled between 2020 and 2025, while inflation-adjusted prices for comparable vehicles declined.
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BMW Appoints New HR Chief Amid Cost-Cutting Push
BMW has named Dorothea von Boxberg as its new HR chief as the company steps up cost-cutting efforts and prepares for further efficiency measures following its recent profit warning.
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China Becomes Innovation Engine for Global Automakers
Key Highlights China’s legacy automakers are out for their cash, offering up access to vehicle development on the world’s largest auto market in exchange for continued expansion. GM, VW and Renault are continuing to lean on Chinese Engineering teams for…
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Union Pacific, Norfolk Southern Defend $85 Bn Merger With Divestment Offer
The rail operators have offered to divest stakes in several jointly owned rail assets as they seek regulatory approval for a merger that would create the first U.S. coast-to-coast freight rail network.