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IN TODAY’S REPORT
⚡ROUNDUP
Key headlines shaping the auto industry this week
⚙️ Manufacturing, Financials & Corporate Moves
- Porsche restructuring costs VW Group €4.7 billion in Q3 (Link) 
- Porsche blames tariffs for further price hikes (Link) 
- GM cuts another 1,200 jobs — third layoff announcement in five days (Link) 
- VW PowerCo begins construction of its first Canadian battery factory (Link) 
- Hyundai lays foundation stone for new fuel cell factory (Link) 
🧠 AI, Automation & R&D
🚚 Autonomous Vehicles & Level 4 Systems
- Lucid to deliver first Level 4 autonomous EVs for consumers with NVIDIA (Link) 
- Aurora expands driverless trucking service from Fort Worth to El Paso (Link) 
- International and PlusAI accelerate Level 4 truck development using NVIDIA DRIVE AGX Hyperion (Link) 
- VW Commercial Vehicles launches predictive maintenance platform (Link) 
🔋 Batteries & Energy
🚗 Products, Brands & Features
- Toyota challenges Rolls-Royce with new ultra-luxury brand “Century” (Link) 
- BMW receives driver-assistance system approval for the new iX3 (Link) 
- Mahindra extends digital key support to Samsung Wallet app (Link) 
- Android Auto to get an update to the Coolwalk interface (Link) 
- Lucid rolls out OTA key fob update to fix Gravity recognition issues (Link) 
- Rivian delivers around 5,000 vans to Amazon between July and October (Link) 
- Rivian–VW partnership: board member calls Rivian software “not perfect but a really good start” (Link) 
- “The guy who ran Stellantis” thinks Tesla might not exist in 10 years (Link) 
📈MARKET SNAPSHOT
This week’s key movers in the automotive stock market

🐦AUTO BUZZ
Top posts, tweets, and videos from the automotive industry
Excited to share an updated version of this chart tracking the top global automotive groups by pure BEV sales/deliveries! ⚡🌍
Collecting and verifying all this data across different automakers took some serious digging — but worth it!
— #Electric Nick (#@electric_nick_)
8:39 PM • Oct 30, 2025
Nio Founders Head to Europe as EV Maker Enters New Expansion Wave — EV $NIO via @EV_carba
— #EV (#@EV_carba)
7:50 PM • Oct 30, 2025
What a week in Micromobility! - Here is what happened:
👉 @voitechnology achieved record performance in Q3 2025, with net revenue rising 34% year-over-year to €57.5m. The company also reported its strongest operational cash flow to date at €19.8m.
👉 UK e-bike subscription
— #Micromobility (#@MicromobilityCo)
7:43 PM • Oct 30, 2025
💹FINANCIALS
A focused look at recent automotive company financials
VW Q3 Highlights



Stellantis Q3 Highlights



