Industry

Toyota and Hyundai chairmen reportedly to meet in October for discussion of possible partnership

Toyota and Hyundai chiefs will meet in Seoul at the end of October. The big names in the car world might talk about working together, mostly on hydrogen tech.

Evgenii Ushakov

Sept. 17, 2024, 2:05 p.m.
Audi to End On-Demand Rental Car Program by End of September

Audi has quietly announced plans to eliminate the “current” version of their rental car program. Known as Audi on Demand, the program traces its roots back to 2012 when it was then called Silvercar.

Evgenii Ushakov

Sept. 16, 2024, 3:16 p.m.
Volvo Shuts Down Its Vehicle Subscription Service

Volvo has officially ended its vehicle subscription service, Care by Volvo, in both Europe and the U.S.

Evgenii Ushakov

Sept. 16, 2024, 3:08 p.m.
GM Could Use Chinese Battery Cells Manufactured by Japanese Brand in U.S.

General Motors (GM) is looking into new ways to get batteries for its electric vehicles. The car giant might team up with TDK Corp, a Japanese company, to make batteries in the United States using technology from CATL, a Chinese firm.

Evgenii Ushakov

Sept. 16, 2024, 10:15 a.m.
BMW Is Shaking Up Its Design Team

BMW Group is shaking up its design teams. The company will make big changes across its brands starting October 1. Adrian van Hooydonk will stay in charge of the overall design direction.

Evgenii Ushakov

Sept. 16, 2024, 9:47 a.m.
China Becomes First Country To Hit 1 Million Monthly EV Sales

China has hit a major milestone in the electric vehicle (EV) market. The country sold over 1 million EVs in August 2024, making it the first nation to reach this monthly sales figure. This achievement marks a 33% increase compared to the same period last year.

Evgenii Ushakov

Sept. 13, 2024, 10:28 a.m.
Hyundai and GM could jointly develop and build cars

General Motors and Hyundai Motor Company have signed an agreement to explore future collaboration across key strategic areas.

Evgenii Ushakov

Sept. 12, 2024, 4:52 p.m.
BMW's global recall could cost nearly $1 billion

BMW has started a huge recall that affects more than 1.5 million cars around the world. The company found problems with the braking system in these vehicles.

Evgenii Ushakov

Sept. 12, 2024, 2:26 p.m.
VW increases prices for nearly all combustion-engine models in Germany

Volkswagen is hiking prices on most of its gas and diesel models in Germany. The company will raise prices by 2.1 to 4.2 percent starting September 12, 2024.

Evgenii Ushakov

Sept. 11, 2024, 9:41 a.m.
Hoonigan Files for Bankruptcy to Restructure $1.2 Billion Debt

Hoonigan has filed for Chapter 11 bankruptcy protection in Delaware, aiming to restructure its operations and eliminate $1.2 billion in debt.

Evgenii Ushakov

Sept. 10, 2024, 3:30 p.m.
NHTSA Proposes Changes to Truck and SUV Designs for Pedestrian Safety

The National Highway Traffic Safety Administration (NHTSA) is pushing for new design standards for trucks and SUVs to address the rising number of pedestrian fatalities.

Evgenii Ushakov

Sept. 10, 2024, 3:22 p.m.
Volvo CE Opens New Facility for Electric Wheel Loader Production

Volvo Construction Equipment (CE) has taken a significant step in the construction industry's shift towards sustainability with the inauguration of a new facility at its Arvika plant in Sweden. This state-of-the-art expansion is dedicated to supporting the production of electric wheel loaders.

Evgenii Ushakov

Sept. 9, 2024, 4:45 p.m.
Over 1.4 million Ram 1500 trucks recalled to fix a bug in the anti-lock brake system

Stellantis, the company that owns Chrysler, has announced a big recall of Ram 1500 pickup trucks. The recall affects 1.46 million vehicles worldwide, with most of them in the US.

Evgenii Ushakov

Sept. 9, 2024, 10:13 a.m.
Panasonic Energy Ready to Commence Mass Production of 4680 Automotive Lithium-ion Batteries

Panasonic Energy has finished getting ready to make a lot of new car batteries. They've updated their factory in Wakayama, Japan, to produce these special 4680 cylindrical lithium-ion batteries.

Evgenii Ushakov

Sept. 9, 2024, 9:18 a.m.
EU tariffs could kill Cupra, warns CEO

Cupra, the VW Group-owned brand, is facing a potential crisis due to new European Union tariffs on electric vehicles imported from China. Wayne Griffiths, the CEO of Cupra, has warned that these tariffs could have a devastating impact on the company's business.

Evgenii Ushakov

Sept. 6, 2024, 4:18 p.m.
Toyota and BMW Group strengthen hydrogen car cooperation

Toyota and BMW signed an agreement to strengthen collaboration in the hydrogen sector, with a view to creating a hydrogen society and achieving overall carbon neutrality.

Evgenii Ushakov

Sept. 5, 2024, 2:38 p.m.
Volvo adjusts electrification ambitions, will sell mix of powertrains after 2030

Volvo has changed its mind about going all-electric by 2030. The company now plans to sell a mix of cars with different engines, including mild-hybrids, plug-in hybrids, and electric vehicles, by the end of the decade.

Evgenii Ushakov

Sept. 5, 2024, 11:07 a.m.
Norway’s EV sales set new record in August, taking 94% market share

Electric vehicles are taking over Norway's roads. In August, they made up 94.3% of all new cars sold in the country.

Evgenii Ushakov

Sept. 4, 2024, 11:16 a.m.
Dieselgate" trial begins against ex-VW boss Winterkorn

Former Volkswagen Group CEO Martin Winterkorn is facing trial for his alleged role in the company's diesel emissions scandal. The trial kicked off Tuesday in Braunschweig, Germany, where Winterkorn faces charges of fraud and market manipulation.

Evgenii Ushakov

Sept. 4, 2024, 10:46 a.m.
CATL Announces Expansion of Battery Swap Network in China

Chinese battery manufacturer CATL recently revealed plans to expand its Evogo battery swap network across China. This announcement was made during the 2024 World Power Battery Conference held in Yibin, China.

Evgenii Ushakov

Sept. 3, 2024, 7:40 p.m.

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