Abu Dhabi establishes registration authority to strengthen its business sector

Abu Dhabi has taken a significant step towards enhancing its business ecosystem with the establishment of the Abu Dhabi Registration Authority (ADRA). This new entity, launched by the Abu Dhabi Department of Economic Development (ADDED), aims to streamline business registration processes and introduce new types of licenses, marking a milestone in the...

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M&A Deals Picking Up Pace in Asia

After a long lull in investment activity, M&A deals are picking up across Asia. In a region that has often been attractive for its growth opportunities, M&A has recently experienced a quiet spell. In the first half of 2024, deal volumes and values in the Asia-Pacific decreased by 23% and 35%, respectively, compared to the first half of 2023, according...

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BP Job Cuts

BP is making significant changes to its workforce as part of a strategic effort to streamline operations and cut costs. The London-based energy giant announced on January 16, 2025, that it will reduce its global workforce by approximately 4,700 employees, representing about 5% of its total staff of around 90,000. Additionally, BP plans to eliminate...

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Apple's China Market Share Drops

Apple has experienced a notable decline in its market position within China's highly competitive smartphone sector, losing its leadership to local rivals Huawei and Vivo. As of 2024, Apple's market share has dropped to 15%, down from previous years, marking a significant shift in the tech landscape of one of its most crucial markets. According to recent...

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Qashio has joined forces with global payments giant Visa

Qashio, a Dubai-based provider of spend management solutions, has joined forces with global payments giant Visa to launch an innovative B2B travel payments solution. The partnership, announced on January 6, 2025, aims to transform and digitize payments for online travel agencies and travel management companies across the UAE, Middle East and North Africa...

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Automation

AutoNews Now: Audi targets EV mass market with Q4 e-tron

Audi targets EV mass market with Q4 e-tron | GM, LG said to be planning Tenn. battery plant | Ford's electric CUV? | Geely mulls Lotus fundraiser | Honda's next Civic | A special NissanRead More

First Shift: Ford to launch 'BlueCruise' hands-free driver-assist system in Q3

Ford to launch 'BlueCruise' hands-free driver-assist system in Q3 | D3 oppose voting restrictions | Senate eyes quick chip vote | Mazda EV coming to Calif. first | Toyota promotes execsRead More

Ford cuts F-150 output for 2 more weeks amid chip shortage

The automaker plans additional downtime at the Chicago, Flat Rock, Kansas City and Kentucky Truck assembly plants this month and next, in addition to limited production at its Ohio assembly plant.Read More

GM to announce second U.S. battery plant, in Tenn., with LG Chem, report says

The plant will use a different, more cost-effective battery chemistry than the one the companies will offer from the joint-venture plant they are building in Ohio, Reuters reported.Read More

Audi attacks EV mass market with Q4 e-tron

The Q4 e-tron, which comes in two versions, adds an entry-level EV to the brand’s expanding lineup of battery-powered vehicles.Read More

Honda taps H.E.R. for return of Civic Tour concert series but must overcome livestream fatigue

H.E.R. will perform at the April 28 event hosted on Live Nation's Twitch channel as the automaker seeks to build buzz for the 2022 Civic.Read More

Minority supplier gets support from Michigan manufacturers in certification dispute

At the center of the dispute is whether former Detroit Pistons star Vinnie Johnson runs the day-to-day operations of his large supplier, which operates four subsidiaries.Read More

A step in right direction for Nissan dealers

The brand has dropped stair-step incentives for storewide payouts, but it is continuing to use it on select models, and that needs to change.Read More

Off-road course for Broncos? Not in my backyard

A Vermont ski resort that planned to host one of four Ford Bronco "Off-Roadeo" driving schools around the U.S. backed out last week after an outcry from nearby residents.Read More

No ‘cop-out' on climate-neutral car for Polestar

The Polestar O project seeks to create a climate-neutral vehicle by 2030.Read More

Direct-sales efforts heat up in states

The proposals, backed by electric vehicle startups but opposed by franchised dealers, have been introduced in at least 10 states this year.Read More

AutoNews Now: Another threat to supply chain: Rubber shortage

Another threat to supply chain: Rubber shortage | GM cuts, cancels some downtime | Intel plans auto chips | WeRide wins AV permit | Hyundai's futuristic minivanRead More

First Shift: Lithia tops AutoNation in U.S. store count with Suburban deal

Lithia adds 34 stores with Suburban acquisition | VW, German union reach wage deal | Feds send pick for UAW monitor | Polestar's lower-priced variant | Ford, GM plan Shanghai debutsRead More

With EVs, bias for traditional carmakers

The traditional automotive market still has a lot of bias against EVs, writes an Automotive News reader in a letter to the editor.Read More

Ford's Blue Advantage tool shows it's ‘listening' to dealers

The used-vehicle sales platform is helping the automaker and its retailers capture customers who would otherwise spend their money with competitors such as Carvana.Read More

Seattle drafts blueprint to electrify transportation by 2030

Following the plan will slash the city's greenhouse gas emissions, improve air quality, limit its contribution to water pollution and mitigate climate change risks, proponents say.Read More

Shelby GT350 gets its one shining moment

Out of an all-GT Final Four, the 1965 Mustang Shelby GT350 emerged as the winner of Ford's version of March Madness.Read More

Mercedes CLS tweaked, though the end may be near

The mild makeover for the 2022 model year, including a new grille, comes as consumer demand for cars continues to slide across the industry.Read More

Factory problems take down inventories

The days' supply of new-vehicle stocks has fallen every week since mid-February, according to Cox Automotive.Read More

Stellantis to build flagship Citroen in China to buttress Asia sales

CEO Carlos Tavares has vowed to fix the automaker’s poor showing in China, where none of the company’s 14 brands have a notable foothold.  Read More