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Oliver Blume told staff in an internal memo that Volkswagen Group may need to cut 50,000 more jobs on top of the 50,000 already agreed, potentially reaching 100,000 total. He cited costs roughly 20% above competitors, weak China sales, US tariffs, and underused European plants.
From 7 July 2026, every new car and van registered in the EU must carry a camera-based system that tracks the driver's gaze and warns them when they look away from the road for too long. New model types have had it since 2024. This deadline catches the older models still in production.
Ford expects to collect $1.3 billion back after the Supreme Court struck down the IEEPA tariffs. A proposed class action argues that the buyers who paid the tariff-inflated prices are owed a share, and that keeping both would be a windfall.
Slate's $24,950 electric pickup is real: a two-seater with 205 miles of range, unpainted body panels, hand-crank windows and no infotainment screen. The options catalogue is where the money goes, and a fully loaded build has been configured past $46,000. Here is the price ladder.
McLaren revealed the 788HS, the third and final HS-badged special of the 720S/750S generation. The 4.0L twin-turbo V8 makes 788 hp and 800 Nm, dry weight is down to 1,265 kg, and 0-100 km/h takes 2.8 seconds. Just 200 will be built - 100 Coupe, 100 Spider - before McLaren moves to a new supercar platform.
Slate Auto has confirmed it will not sell its sub-$25,000 electric pickup or SUV conversion in Canada. The company has not given an official reason, but a 25% retaliatory tariff on US-built cars would push the truck's Canadian price to roughly $44,500 CAD ($31,100 equivalent before conversion), undercutting the model's entire value pitch.
China has approved new rules requiring physical buttons or switches for safety-related vehicle controls, reversing the touchscreen-only trend led by Tesla and Chinese EV makers. The rules take effect July 1, 2027.
Toyota will invest $3.6 billion to expand its San Antonio, Texas plant and shift Tacoma pickup production there from Mexico, with the new line targeted for 2030.
Volkswagen Group wants to cut its roughly 150 model lines by up to 50% and trim configuration options by up to 75%, while lowering annual production capacity to 9 million cars from a pre-pandemic target of 12 million. The Touareg, Touran, and T-Roc Cabriolet are among the models already leaving.
BYD's premium Denza brand unveiled the Z sports car at the Goodwood Festival of Speed in Coupe, Spider and track-focused Racing forms, all sharing a 1604 hp tri-motor powertrain. The Racing hits 100 km/h in 1.96 seconds on semi-slicks. UK prices start at £142,900 ($190,770) for the Coupe, rising to £172,900 ($230,820) for the Racing.
MG showed the MG GO! concept at the Goodwood Festival of Speed, a preview of the production MG2 electric hatchback due in Europe around the middle of 2027. It is expected to become MG's cheapest EV, positioned against the Renault 5 and Citroen e-C3.
After the Connected Vehicles Rule blocked future US sales, Polestar is discounting its remaining 2026 inventory - up to $25,000 off the Polestar 4 and $23,000 off the Polestar 3 for cash buyers, with 0% APR financing and leases from $399 a month.
Xiaomi revealed its SkyNomad N90, the first model in a new lineup built around cabin space instead of driving dynamics. The full-size three-row EREV pairs a 416 hp dual-motor setup with a 76 kWh CALB battery for roughly 370 km of electric range, plus a transforming interior and a camper variant. It targets Li Auto and Aito's family SUVs, not Xiaomi's own SU7 and YU7 crowd.
Dacia has fully revealed the Striker, a raised estate built on the CMF-B platform it shares with the Bigster. Three powertrains are offered, from a 140 hp mild-hybrid petrol/LPG to a 150 hp all-wheel-drive hybrid, with orders opening in autumn 2026 and prices starting under €25,000 (about $27,000).
Nissan's new Tekton is a Duster-based compact crossover for India and other emerging markets, produced in Chennai with Nissan Patrol-inspired styling. Two turbo petrol engines are offered, 100 hp and 163 hp, priced from about $11,000 to $19,490 in India.
GWM opened Chinese pre-orders for the updated Tank 300, adding an elongated Tank 300L variant and a new Hi4-Z twin-motor plug-in hybrid rated at 761 hp and 1,195 Nm. The base 2.0-litre turbo now makes 245 hp; the diesel and Hi4-T PHEV carry over. Chinese sales open July 19, from about $38,320.
Ford started sales of the updated China-market Explorer, a gasoline SUV built by the Changan Ford joint venture, with a new front end, revised interior, and a starting price cut to ¥309,800 (about $45,650).
Land Rover slotted a new Landmark trim into the Discovery lineup, between the base S and flagship Tempest, with an exclusive Tasman Blue paint finish and upgraded interior. UK prices start from £75,860 (about $101,100).
Audi chief technical officer Rouven Mohr says one model can no longer satisfy the US, China, and Europe at once. China gets a standalone "AUDI" lineup built with SAIC and sold without the four rings, alongside the classic Audi range which stays. The US and Europe will get more region-specific models and configurations too.
BYD's new flagship sedan for the Ocean sub-brand launches in China at 5,150 mm long, with five powertrain variants split between plug-in hybrid (DM-i) and battery-electric (EV) forms. The top EV trim makes 694 hp and covers 785 km; every trim gets rear-wheel steering. Prices run 196,900 to 239,900 yuan ($29,000 to $35,350).