The Business Times

Automotive

Transport & Logistics

Trump approves expanding credits for US auto production, issues new 25% truck duties

“We don’t plan to have a fully electric Bugatti at all,” says Bugatti Rimac CEO Mate Rimac, pictured here with the Bugatti Veyron hypercar.
International

Bugatti has ‘absolutely’ no plans to ditch internal combustion engines, says its EV-pioneering CEO

Category A, which includes several popular EV models, has been on a record-breaking run in recent weeks as buyers rush to secure cars before EV incentives are reduced in 2026.
Singapore

Mainstream car COE premium blitzes to new S$128,105 record as EVs continue to jolt demand

Western manufacturers are losing ground in China to homegrown rivals such as BYD and Xiaomi, which are offering feature-packed EVs at low prices.
Transport & Logistics

BMW cuts annual guidance on weak China sales, tariff costs

The new levies are part of a growing slate of industry-specific tariffs Trump is imposing.
Transport & Logistics

Trump says US tariffs on heavy truck imports to begin Nov 1

As well as job cuts, it wants to reduce material and operating costs, lower investments in facilities and buildings, and streamline logistics and supply chains.
Transport & Logistics

Bosch to cut 13,000 jobs to bring down costs in tough autos market

About 400,000 ride-hailing and delivery motorbike riders in Ho Chi Minh City have to choose between switching to e-bikes and quitting their jobs amid policy shifts.
ASEAN Business

Vietnam shifts gears to e-bikes, ignites fierce race among mobility platforms, EV makers to win over riders

BMW's newest car, the iX3, will feature collaborations with Alibaba and China partners for its on-board technology.
International

In-car theatres and extreme legroom: BMW contemplates taking China-only features to other markets

EVs at the BYD showroom in Singapore on Alexandra Road.
Singapore

‘Feeding frenzy’ as EV sales drive mainstream COE price to new high of S$119k

BMW Group's newest factory in Debrecen, Hungary, is its least polluting to date.
Global Enterprise

BMW’s greenest, most advanced factory begins production in October

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