The European Union will propose a series of solutions to try to stem the decline in demand for electric vehicles by boosting sales in the continent’s...
Ferrari reported on Tuesday a significant increase in full-year net profit, attributing it to a robust product mix and a growing demand for personalized features in...
Porsche confirmed its 2024 earnings forecast of a 14-15% profit margin in a call with investors and said it expected 2025 to remain challenging, according to...
Sales of all types of electric vehicles in China rose by more than 40 percent last year, while sales of gasoline cars declined, industry data showed....
Several automakers have changed their electrification plans over the past year. Slowing growth is forcing companies like Volvo, Bentley, Ford, and others to rethink their strategies...
Mercedes-Benz CEO Ola Kalenius has been appointed as the new president of the European Automobile Manufacturers’ Association (ACEA). He will replace Groupe Renault CEO Luc de...
South Korean carmaker Kia expects tough market conditions in the near future, partly due to government policies, but will stick to its goal of selling 1.6...
Volvo said that the Swedes “will continue to update the XC90 model as long as there is demand.” The brand’s largest SUV turns 10 next year,...
Toyota Motor Europe is marking a significant moment with the production of its 5 millionth vehicle at the Barnaston plant in Derbyshire in the United Kingdom....
The final import duties on Chinese electric cars are coming and Chinese manufacturers are preparing for it. There were a lot more Chinese EVs heading to...
The European Union plans to vote on Oct. 4 on whether to impose tariffs of as much as 45 percent on imported electric vehicles (EVs) made...
The European Union is set to slightly reduce its proposed increase in import duties on Chinese-made EVs from Tesla and other automakers. This is reported by Bloomberg...
China’s Ministry of Commerce has met with auto industry leaders to gather opinions and suggestions on the possible imposition of import tariffs on foreign vehicles. The...
Audi is another brand that states that sales of cars with internal combustion engines (ICE cars) could continue beyond the previously scheduled deadline. In 2021, Audi...
Dealers of new cars in certain EU countries motivate citizens to intensify the purchase of plug-in hybrids this year because PHEV models will be significantly more...
The European Union has made slight adjustments to its proposed tariffs on Chinese electric vehicles after receiving feedback from impacted companies, offering a minor concession in the ongoing...
Chinese electric car manufacturers have received at least 231 billion dollars (about 216 billion euros) in government subsidies over the past fifteen years. Just over half...
The European Union’s recent decision to impose tariffs as high as 38% on electric vehicles imported from China has sent ripples through the automotive industry, particularly among German...
Volvo Cars production of electric cars is being moved from China to Belgium. The Swedish car manufacturer is thus preparing for the European Union’s upcoming decision...
Renault CEO Luca de Meo makes a striking appeal to the European Union: Europe must extensively stimulate small, cheap cars, as Japan does with Kei-cars. For the...
The European Union is set to implement a new requirement starting in July 2024. All newly registered М1 passenger cars in the EU will be required...
Due to Brexit, there were fears that the British car industry would be on the brink, but in Sunderland, there is no evidence of this. Nissan...
Hyundai is making waves once again with its latest endeavor, the not-so-secret-anymore Ioniq 6 N. While the Ioniq 5 N has just hit the streets, rumors are swirling...
Jaguar Land Rover’s owner, Tata Motors, has reportedly asked the UK government for more than $600m in state subsidies to build a battery plant in Somerset...
The European Union (EU) launches $340bn bid to fund rail, road projects in countries in order to challenge China’s influence. It is described as an alternative...