Japan’s BMW and Volkswagen parts supplier shares tumble 20%
Nidec launches probe into ‘improper accounting’ at Chinese subsidiary
Related reading
KKR-owned auto parts supplier files for bankruptcy protection in US
Japan’s Marelli saw debts pile up as key customers Nissan and Stellantis struggled
Nissan shares sink after Mercedes-Benz offloads its stake
Japanese automaker is trying to execute a turnaround plan
Germany seeks to emulate Japan in shoring up critical minerals
BMW and Rheinmetall push for joint purchasing of raw materials to reduce reliance on China
Tesla’s UK sales plummet 60% as BYD surges
US carmaker’s registrations sink in July as Chinese rival profits
VW profit rebound in doubt as Chinese rivals pose ‘existential threat’
Analysts warn Europe’s largest carmaker may struggle to lift margins despite historic restructuring
Honda warns of $15bn loss after scrapping EV models
Japanese carmaker is latest casualty from souring outlook for US electric vehicle sales