Iran and Oman are expected to unveil a new traffic arrangement for the Strait of Hormuz imminently, potentially redrawing established shipping lanes and giving Tehran a formal role in overseeing vessels entering the Persian Gulf. …

Chinese automakers are winning market share in Germany by luring customers away from from European, Japanese and Korean brands, with Hyundai and Kia owners proving among the most willing to switch, according to new industry data. …

Britain’s new car market grew 11.7% in July with 156,571 units registered, according to the latest figures published today by the Society of Motor Manufacturers and Traders (SMMT). …

Sales ​in the United States recovered for ​a third consecutive month with a ⁠double digit increase, the company said ​in a statement. …

Driver shortage remains one of the industry’s top concerns. But the picture is complex. …

The entry of Chinese automakers in the past five years has reshaped the European auto market, with companies such as BYD, SAIC and Chery moving steadily up the sales tables and threatening century-old players such as Ford and even Merced …

Charter rates for modern car-carriers are moving towards the $100,000-a-day mark again, powered by rising demand for Chinese electric vehicle exports. …

Volkswagen Group CEO Oliver Blume faces perhaps the most difficult challenge of his tenure: convincing the automaker’s powerful and often competing stakeholders that deeper restructuring is unavoidable. …

China’s exports of new vehicles to global markets are increasing at a rapid rate. In June alone, a total of 1,037,000 vehicles left China, marking a 75% year-on-year increase. …

Electrification is the clearest way to cut energy demand, increase Europe's competitiveness and lower energy prices. …