Despite the global headwinds, President Cyril Ramaphosa has expressed confidence in South Africa's auto industry noting that it is making the investments needed to build resilience, protect jobs and ...

The announcement and anticipation of US tariffs have already had an immediate and devastating impact on trade performance.

Highlighting the historic roots of the industry, the President recalled that the first automotive assembly plants were established in the Eastern Cape in the 1920s.

Volkswagen AG’s Audi lowered its financial outlook for 2025 as President Donald Trump’s tariffs and the costs of ...

While the US-EU trade agreement may have averted an immediate transatlantic trade war, European automakers remain under ...

Samsung Electronics’ landmark $16.5 billion chip supply deal with Tesla marks a strategic breakthrough in its push to revive ...

Munich news, health insurance, technology, jobs and other topics for expatriates. The Eye Newspapers covers daily news and offers services for foreigners.

The global wireless charging market for electric vehicles is projected to grow from USD 0.09 billion in 2025 to USD 1.12 ...

Cadillac also sells Celestiq, a hand-built, made-to-order, electron-powered sedan that is meant to be a showcase of the company's luxury prowess. The car debuted in 2022 and just went into production ...

Also on Trump’s mind is the Federal Reserve. Its chair Jay Powell will on Wednesday unveil the US central bank’s decision on interest rates. The uncomfortable relationship between the president and ...