Sunday, 1 November 2026

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Business

302 pieces in the archive

  1. BMW recalls 189,000 cars over water leak that can cause fire

    BMW is recalling 189,130 vehicles from the 3 Series, 5 Series and 7 Series lineups because a starter relay is not properly sealed against water, which …

    · 3 min

  2. Victoria’s Secret & Co. Raises Full-Year Outlook After 10% Sales Jump

    Victoria’s Secret & Co. reported a 10% increase in second-quarter net sales to $1.61 billion, boosted by tariff refunds exceeding $140 million. The company raised its …

    · 3 min

  3. China’s oil demand collapse signals a global market death spiral

    Chinese oil consumption fell sharply in the second quarter, pushing the country past peak oil and cutting emissions. The shift could destabilise global oil markets as …

    · 5 min

  4. Canada Opens Second Import Window for Chinese Vehicles

    Canada has opened a second import period for Chinese-built electric and hybrid vehicles, allowing up to 33,397 units after unused quota from the first period was …

    · 3 min

  5. Volkswagen Faces Boardroom Battle as Restructuring Plans Threaten 100,000 Jobs

    Volkswagen management is pushing forward with drastic restructuring plans that could put up to 100,000 jobs at risk and reduce annual production capacity from 12 million …

    · 3 min

  6. Honda Tells Suppliers to Cut Prices as It Aims to Save $9 Billion

    Honda is pushing its suppliers to reduce component prices as part of a broader cost-cutting programme targeting $9 billion in savings by the end of the …

    · 5 min

  7. Ford August Sales Fall 10.3% as EV Deliveries Plunge 79.4%

    Ford's combined US sales dropped 10.3% in August to 170,681 units, with electric vehicle deliveries down 79.4% following the discontinuation of the F-150 Lightning and the …

    · 4 min

  8. Toyota RAV4 Waiting Lists Stretch for Months as Hybrid SUV Demand Outruns Supply

    Toyota dealers in the US are grappling with severe RAV4 shortages, leaving some customers waiting up to six months for the hybrid-only SUV. Despite the inventory …

    · 3 min

  9. Sephora launches live-shopping drops on TikTok Shop

    Sephora will begin selling curated beauty products through TikTok Shop live streams from September 19, marking the retailer's first major move into live commerce and expanding …

    · 4 min

  10. Polestar 4 SUV gains boot space and lower price than coupé

    Polestar has revealed a new SUV body style for its Polestar 4 electric model, offering 30 litres more boot space, a reinstated rear window, and a …

    · 3 min

  11. Shein shares slip in muted Hong Kong market debut

    Shein Global Holdings began trading on the Hong Kong Stock Exchange at HK$48.56, with shares falling more than 9% before recovering. The IPO values the fast-fashion …

    · 4 min

  12. Norway’s EV Market Share Hits Record 98.7% as Petrol and Hybrid Sales Collapse

    Norway has set a new global benchmark for electric vehicle adoption, with battery-electric cars accounting for 98.7% of new car sales in the latest monthly figures. …

    · 5 min

  13. Belgian staffing firm Accent orders 500 electric MINIs in brand's largest fleet deal

    Accent, the staffing arm of House of HR, has placed an order for 500 fully electric MINI vehicles, the largest single order for electric cars MINI …

    · 3 min

  14. Dutch hauliers face crackdown as illegal foreign diesel trade grows

    Dutch transport firms are importing cheap foreign diesel in hidden tanks and reselling it in the Netherlands, a practice that is illegal and driven by the …

    · 4 min

  15. Chinese carmakers’ rapid development speed raises safety concerns

    Audi’s boast about developing the Nuvolari in 405 days highlights the pace of Chinese carmakers, but external experts warn that such speed may compromise safety.

    · 4 min

  16. Honda and Nissan agree joint software and electronics development

    Honda and Nissan have signed a new joint development agreement to standardise electronic control units and software for next-generation software-defined vehicles, with the first models expected …

    · 3 min

  17. Freedom Fuel Network Expands Despite Fines, Lawsuits and Theft Claims

    The Freedom Fuel Network, a US fuel retailer linked to the Trump administration, is expanding its operations even as it faces regulatory fines, legal challenges, and …

    · 3 min

  18. Honda and Nissan Sign Software Deal After Failed Merger

    Honda and Nissan have agreed to share vehicle software and electronics for 2029 models, covering hybrids, EVs, and petrol cars, following the collapse of their merger …

    · 5 min

  19. Renault Kwid costs three times more in Brazil than in India

    Renault's facelifted Kwid hatchback starts at $16,000 in Brazil versus $4,700 in India, highlighting a stark pricing gap for the same model.

    · 3 min

  20. Britain’s luxury car brands can lead the global market, says industry veteran

    Mike Rutherford argues that Aston Martin, Bentley, McLaren and Jaguar Land Rover give Britain a unique chance to dominate the world’s luxury car market, urging government …

    · 3 min