Europe's autos industry could face fines of 15 billion euros ($17.4 billion) for carbon emissions due to slowing demand for electric vehicles, Renault CEO Luca de Meo said on Saturday.

Israeli contract chipmaker Tower Semiconductor forecast first-quarter 2025 revenue slightly above estimates on Monday, on expectations of resilient demand for its chips from the automobile sector.

New Delhi [India], April 18 (ANI): India's growth in the global automobile sector is held back due to a lack of innovation, primarily driven by inadequate Research and Development (R&D ...