#automotive-industry

All articles tagged with "automotive-industry"

Stellantis weighs deals with Chinese automakers to shore up Europe

Stellantis Eyes Chinese Partners to Rescue European Ops

Stellantis is in discussions with Xiaomi and Xpeng about investing in its struggling European operations, including possible stakes in Maserati, as the automaker focuses spending on the Americas.

Key Takeaways

Stellantis in talks with Xiaomi and Xpeng about investing in European operations
Chinese companies could gain access to factories and distribution while providing EV technology

DT Editorial Team·Mar 12, 2026·4 min read·via autonews.com

Europe's Battery Industry Faces Existential Crisis as Chinese Manufacturers Dominate

Europe's ambitious plans to build a homegrown battery industry are colliding with reality as factories close, investment stalls, and Chinese manufacturers widen their cost advantage. Automakers face a painful choice between domestic sourcing goals and economic survival.

Key Takeaways

European battery plants are closing as Chinese manufacturers maintain 20-40% cost advantages
Slowing EV demand creates a vicious cycle of underutilization and rising per-unit costs

DT Editorial Team·Feb 27, 2026·5 min read·via autonews.com

Honda Profits Plunge 61% as Automaker Pivots to Fleet Sales

Honda reports a staggering 61% drop in quarterly profits amid weakening consumer demand. The automaker is now aggressively pursuing fleet sales to stabilize revenue.

Key Takeaways

Honda reports a 61% drop in quarterly operating profits to 184 billion yen, rattling the global auto industry
Softening demand in North America and China, plus rising costs and BYD competition, drove the steep decline

DT Editorial Team·Feb 12, 2026·5 min read·via reuters.com