The EU wants China to reduce car sales as vehicles from the Asian market penetrate at 'light speed', pushing key European automakers into crisis.

German manufacturers face competition from Chinese rivals in their own strongholds, compelling them to adapt.

Mate Rimac now holds full decision-making power over Bugatti's future, ending Volkswagen's influence, while Porsche receives one billion euro.

Over 30,000 orders for the ID. Polo have extended delivery times to nearly a year, as the production line faces severe overload.

The ID. ERA 9X is a full-size SUV powered by electricity, either through external charging or a 1.5-liter gasoline engine acting as a generator, with deliveries anticipated in late October.

Despite a slight decline in global sales due to cooling markets in China and the Middle East, Toyota still significantly outpaced rival Volkswagen.