Industry

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  Italian government floats idea of buying stake in Stellantis, owner of Fiat and Alfa Romeo

  Stellantis and Italian government clash over Italian production.

  Evgenii Ushakov

  Feb. 2, 2024, 3:30 p.m.
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  BMW completes installation of new electric powertrain production facility

  The new halls for future e-drive production reached completion at the BMW Group site in Steyr.

  Evgenii Ushakov

  Feb. 2, 2024, 1:03 p.m.
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  GM changes its mind, PHEVs are back in the game

  An interim strategy towards zero emissions involves deploying plug-in technologies in specific segments.

  Evgenii Ushakov

  Feb. 1, 2024, 11:12 a.m.
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  BYD to transform former Ford plant into EV factory

  BYD plans to convert a former Ford plant in Brazil into an electric vehicle facility. The former fossil fuel car manufacturing plant will be BYD's first EV production facility outside Asia.

  Evgenii Ushakov

  Jan. 30, 2024, 4:22 p.m.
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  Toyota Maintains Its Position as the World's Largest Automaker After Record 2023 Sales

  For the fourth consecutive year, Toyota has secured its position as the world's top-selling automaker.

  Evgenii Ushakov

  Jan. 30, 2024, 9:57 a.m.
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  Study finds half of new cars in Europe 'too wide' for parking spaces

  Newly sold passenger cars are getting wider by one centimetre every 2 years due to increasing sales of SUVs.

  Evgenii Ushakov

  Jan. 29, 2024, 3:36 p.m.
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  Only eight car brands will be taking part in this year's Geneva Motor Show

  This year's Geneva Motor Show, a pinnacle event in the automotive calendar, is witnessing a significant drop in participation. Scheduled from February 26 to March 3 in Geneva, the show will host just eight auto brands. This marks a distinct departure from its celebrated history as a key industry showcase.

  Evgenii Ushakov

  Jan. 29, 2024, 11:33 a.m.
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  Porsche reckons Europe's 2035 combustion engine ban could be delayed

  Porsche CFO, Lutz Meschke, hinted at a potential delay in Europe's plan to ban combustion engines by 2035. Speaking in Singapore during the world premiere of the all-electric Porsche Macan, Meschke said, "There's a lot of discussions right now around the end of the combustion engine. I think it could be delayed."

  Evgenii Ushakov

  Jan. 29, 2024, 10:44 a.m.
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  Tesla Model Y to be crowned world’s best-selling vehicle of 2023

  In a significant automotive industry milestone, the Tesla Model Y is set to be the world's top-selling vehicle for the year 2023. A total of 1.23 million units were sold from January to December, marking a 64% increase in sales compared to the previous year.

  Evgenii Ushakov

  Jan. 29, 2024, 10:20 a.m.
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  Elon Musk says Chinese EV firms will 'demolish' rivals without trade barriers

  Tesla CEO Elon Musk said on Wednesday that Chinese automakers will "demolish" global rivals without trade barriers, underscoring the heat the U.S. electric vehicle market leader faces from the likes of BYD, who are racing to expand worldwide.

  Evgenii Ushakov

  Jan. 26, 2024, 3:21 p.m.
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  Toyota chairman doubles down on electric car scepticism, predicting EV adoption will peak at just 30%

  Toyota Motor's chairman, Akio Toyoda, has publicly expressed skepticism towards electric vehicles (EVs), forecasting a plateau in market share reaching just 30%. A stalwart of the automotive industry and grandson of Toyota's founder, Toyoda made his position clear on EVs, stating, "People are 'finally seeing reality' on EVs."

  Evgenii Ushakov

  Jan. 26, 2024, 2:02 p.m.
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  Most cars on EU roads still emit the same amount of CO2 as 12 years ago, new report shows

  A recent report by the European Court of Auditors (ECA) reveals that carbon dioxide (CO2) emissions from EU passenger cars have not decreased in over twelve years. Despite technological advancements and the growing presence of electric vehicles (EVs), real-world emissions remain unaltered.

  Evgenii Ushakov

  Jan. 26, 2024, 10:46 a.m.
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  EU top court backs Audi in trademark dispute with spare parts firm

  In a landmark ruling, the EU Court of Justice has favored luxury carmaker, Audi. The dispute involved a Polish retailer selling spare radiator grilles designed to fit older Audi models, including space for the brand's iconic four-ring logo.

  Evgenii Ushakov

  Jan. 25, 2024, 2:39 p.m.
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  Toyota is creating an ultra-luxury Century brand

  Toyota Motor has decided to create a separate Century brand that will offer even more luxurious cars than Lexus.

  Evgenii Ushakov

  Jan. 25, 2024, 11:11 a.m.
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  MAN reports 700 pre-orders for the new eTruck

  With the exception of a few vehicles, the first models of the MAN eTruck are already sold out three months after their launch. The commercial vehicle manufacturer has received 700 orders and inquiries for the eTruck, which is available in the eTGX and eTGS variants.

  Evgenii Ushakov

  Jan. 25, 2024, 10:08 a.m.
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  BASF to recycle Iveco commercial vehicle batteries

  In the future, the Iveco Group will partner with BASF for the recycling of discarded batteries from its electric vehicles. The Italian manufacturer produces electric vans, buses, and trucks, anticipating a significant increase in battery waste.

  Evgenii Ushakov

  Jan. 24, 2024, 5:43 p.m.
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  Mercedes-Benz wants to sell its own car dealerships in Germany

  Potential buyers must, among other things, provide "automotive retail experience" and maintain job security for dealership employees.

  Evgenii Ushakov

  Jan. 23, 2024, 3:57 p.m.
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  Ford to Reduce F-150 Lightning Production Due to Lower Demand

  Beginning on April 1, the Rouge Electric Vehicle Center, the Michigan plant where the electric pickup is manufactured, will transition from two production shifts to one, affecting approximately 1,400 workers.

  Evgenii Ushakov

  Jan. 22, 2024, 1:28 p.m.
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  Tesla Model Y has been ranked as the number one selling model in Europe in 2023

  Preliminary data from Dataforce shows that the Model Y was the most popular new car in Europe last year. The budget hatchback Dacia Sandero took second place.

  Evgenii Ushakov

  Jan. 19, 2024, 12:36 p.m.
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  Stellantis Sells 250,000 Vehicles to Sixt in U.S. and Europe

  Up to 250,000 latest generation Stellantis vehicles will enrich SIXT’s rental fleet across Europe and North America by 2026.

  Evgenii Ushakov

  Jan. 17, 2024, 4:24 p.m.