Category : Automotive

Automotive

Nissan shuts seven plants as sales and profits plunge

omandailynews.com
Japanese automaker Nissan has announced a sweeping global restructuring plan that includes cutting an additional 11,000 jobs and shutting down seven manufacturing plants. The decision comes in response to mounting financial pressure caused by declining sales in key markets, intensified competition, and the collapse of a proposed merger with rival firms. This latest......
Automotive

Smart tires from Goodyear aim to prevent collisions in adverse conditions

omandailynews.com
Goodyear has unveiled a breakthrough in tire technology with the integration of advanced sensors capable of detecting hazardous road conditions, offering significant improvements in vehicle safety. This innovation, developed in collaboration with TNO, a Netherlands-based independent research organization, aims to enhance the functionality of Automatic Emergency Braking (AEB) systems, particularly in challenging......
Automotive

Tesla faces mounting competition as annual deliveries fall below expectations

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Tesla Inc. reported its fourth-quarter and year-end vehicle production and delivery results, revealing the company’s first-ever annual decline in deliveries. Tesla disclosed 495,570 vehicle deliveries and 459,445 units produced in the fourth quarter of 2024, bringing total annual deliveries to 1,789,226 and production to 1,773,443. These figures mark a drop from......
Automotive

BMW F 900 XR gets aerodynamic updates and safety features

omandailynews.com
BMW Motorrad has unveiled the latest iterations of its mid-range motorcycles, the BMW F 900 R and F 900 XR, featuring technical enhancements, visual updates, and expanded standard equipment. These upgrades aim to heighten performance, safety, and comfort, catering to both sport-oriented riders and long-distance touring enthusiasts. The BMW F 900 R is positioned......
Automotive

4,000 Ford jobs at risk in Europe due to EV market struggles

omandailynews.com
MENA Newswire News Desk: Ford Motor Company has announced plans to reduce its European workforce by approximately 4,000 positions by the end of 2027, attributing the decision to softer-than-anticipated demand for electric vehicles (EVs) and mounting competition in the automotive market. The cuts will predominantly affect operations in Germany and the United Kingdom,......
Automotive

China warns of retaliation as EU enforces tariffs on electric vehicles

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The European Union moves ahead with tariffs on Chinese electric vehicles despite opposition from Germany, risking potential retaliation from China in the bloc's biggest trade clash in a decade....
Automotive

Volvo retreats from full electric vehicle goal, adjusts 2030 target

omandailynews.com
MENA Newswire News Desk: Sweden’s Volvo Cars has decided to backtrack on its ambitious goal of selling only electric vehicles (EVs) by 2030, citing a need for flexibility in response to market conditions and slowing demand. The automaker, owned by China’s Geely Holding, had previously committed to transitioning its entire lineup to EVs by the......