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Increased military spending could offer new revenue opportunities for suppliers such as Bosch, ZF and Schaeffler that are cutting jobs amid weak auto sales.

The decision follows a €20 billion ($21.6 billion) after-tax loss at Porsche SE because of impairments on its holding of VW stock.

The almost comedic contortions Nissan goes through to make it its driverless robotaxi a reality in Japan underscore the regulatory hurdles facing the country’s carmakers in their race to compete with global rivals in autonomous driving.

BMW will adopt AI cockpit technology from Alibaba-backed Banma for its upcoming models tailored for the Chinese market.

The Stellantis subsidiary will equip the Junior small premium car with a system that couples a 136-hp, 1.2-liter turbocharged gasoline with two 29-hp electric motors.

Recasens will replace Renault Group CEO Luca de Meo at the head of Ampere, which includes all of Renault's EV activities, including factories.

BYD is reported to be considering Western Europe for a third plant because it wants to build brand recognition and acceptance as a local manufacturer.

BYD could be forced it to sell assets, reduce capacity, repay the subsidy and potentially pay a fine for non-compliance if it has benefited from unfair state aid, the Financial Times reported.

The Micra, built on a Renault Group platform, will debut first, followed by the Leaf, which becomes a crossover, and the Juke, which will co-exist with the current ICE version.

Nissan executives outlined a near-term road map and hinted at the new models under development.