Smart Cars
BMW Group’s H1 2025 Net Profit Plummets 29% to €4 Billion
July 31, 2025 – BMW Group has just released its financial results for the first half of 2025, revealing a mixed performance. The German automotive giant reported sales revenue of €67.7 billion in the first six months of the year, marking an 8% decline compared to the same period last year. Net profit after tax…
GM Alerts U.S. Drivers: No Warranty Coverage for Faults from Missed OTA Updates
July 31, 2025 – According to a report from GM Authority on the 27th, General Motors (GM) is stepping up its digital transformation efforts, with a key focus on the new-generation electronic architecture known as Global B, also branded as the “Vehicle Intelligence Platform (VIP).” This system enables GM vehicles to receive over-the-air (OTA) updates,…
Mercedes-Benz Halts U.S. Orders for EQS/EQE EVs Amid Market Uncertainty
July 31, 2025 – German luxury automaker Mercedes-Benz has quietly halted new orders for several of its popular electric vehicles (EVs) in the U.S. market, citing shifting demand dynamics. According to a report by Automotive News, the company has discontinued accepting reservations for its electric EQS sedan, EQS SUV, EQE sedan, and EQE SUV, leaving…
Maserati Quattroporte to Embrace Plug – in Hybrid, Pure Electric Launch Postponed
July 31, 2025 – According to a recent report from Autocar, Maserati is seriously evaluating the introduction of plug – in hybrid powertrains into its vehicle lineup as a transitional step from traditional fuel – powered cars to fully electric vehicles. The new – generation plug – in hybrid version of the Quattroporte sedan is…
Tesla Robotaxi Unveils Mileage-Based Pricing: 11-Mile Ride Costs $13.70, Undercutting Uber
July 31, 2025 – Tesla has once again overhauled the pricing strategy for its Robotaxi service in Austin, marking the second major revision since the autonomous ride-hailing platform’s launch. The latest update introduces a dynamic pricing model tied to trip distance, replacing the previous flat-rate system that had undergone two iterations since June. When Robotaxi…
Tesla Model S/X: Europe Follows China in Offering Only Stock Vehicles
July 31, 2025 – Once the shining stars of Tesla’s electric vehicle lineup, the Model S and Model X have now seemingly been relegated to the sidelines in the company’s evolving strategy. Following a similar move in China earlier this year, Tesla has just stopped allowing European customers to order custom-built versions of these two…
Tata Motors Unveils €3.8 Billion Acquisition of Iveco, Excluding Defense Division
July 31, 2025 – On July 30, Tata Motors of India made a significant announcement, revealing that it had struck a deal with Iveco to form a new commercial vehicle group. This newly – formed entity is projected to have an annual sales volume exceeding approximately 540,000 units. Tata Motors’ acquisition offer for Iveco is…
Nissan Posts First Quarterly Operating Loss in Over Four Years Amid U.S. Tariffs, Slumping Sales
July 30, 2025 – On Wednesday, Nissan Motor Co. revealed its first quarterly operating loss in over four years, as the struggling Japanese automaker grapples with the dual pressures of U.S. import tariffs and declining sales. The company reported a 79.1 billion yen ($540 million) operating loss for the April-June period, a figure significantly narrower…
Toyota Hits All-Time High: Over 5.5 Million Global Sales in H1 2025, Up 7.4%
July 30, 2025 – Toyota Motor Corporation achieved a record – breaking global sales figure in the first half of this year, with robust demand for hybrid vehicles in key markets offsetting the negative impacts of the tariffs imposed by the Trump administration on cars imported into the United States. On Wednesday, Toyota announced that…
Porsche Slashes Profit Outlook Amid Tariff Hikes, China Slump, and EV Transition Delays
July 30, 2025 – On Wednesday, the German luxury carmaker Porsche slashed its full-year profit forecast, attributing the move to rising tariffs stemming from a trade deal between the European Union and the Trump administration in the United States. The company revealed it had already absorbed roughly €400 million in losses due to tariff-related pressures…