Tesla has started Semi electric truck deliveries to its first customers, marking a major step for the long-delayed truck first unveiled in 2017.
Sumitomo Makes $582 Million Bid for FleetPartners
Sumitomo has made an A$813.1 million bid for FleetPartners, joining three other companies competing to take over the Australian vehicle leasing business.
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Toyota Reports First-Half Sales Decline
The world's largest automaker posted its first first-half drop in global sales and production in two years, driven by weaker demand in China.
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.
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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.
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.
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…