Business
EU new car sales flat in July as battery-electric slumps, industry body ACEA says
By Alessandro Parodi and Greta Rosen Fondahn (Reuters) -New car sales in the European Union rose 0.2...
29th August, 2024
Automotive industry
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Hyundai Motor targets 30% rise in sales by 2030 as it doubles hybrid lineup
By Heekyong Yang and Joyce Lee SEOUL (Reuters) -Hyundai Motor said on Wednesday it was targeting ann...
28th August, 2024
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EV startup Rivian’s production chief joins Stellantis
By Abhirup Roy SAN FRANCISCO (Reuters) – Rivian’s head of manufacturing is leaving the electric vehi...
21st August, 2024
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China-based EV makers hit with European Union tariffs
LONDON (Reuters) -The European Commission confirmed on Tuesday it would apply additional duties of u...
20th August, 2024
Research Reports
Automotive Plastics Market Surges to USD 36.61 Billion by 2031, Propelled by 7.02% CAGR – Verified Market Research®
The Global Automotive Plastics Market Size is projected to grow at a CAGR of 7.02% from 2024 to 2031...
12th August, 2024
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Volvo Cars’ July sales rise 6% driven by European EVs
COPENHAGEN (Reuters) -Volvo Cars’ sales rose 6% year-on-year in July to 57,447 cars, driven by an in...
2nd August, 2024
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Exclusive-Audi’s new China EV series won’t have signature four-ring logo, sources say
SHANGHAI (Reuters) – Audi’s new electric cars series developed in China for the Chinese market will...
2nd August, 2024
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Ford profit disappoints, stock falls 11% as quality issues dog automaker
By Nora Eckert, Nathan Gomes (Reuters) -Ford Motor reported a dip in second-quarter adjusted profit...
25th July, 2024
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UK car output logs fourth consecutive monthly fall in June, data shows
(Reuters) – UK’s car output fell for the fourth consecutive month in June, as more manufacturers wou...
25th July, 2024
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Porsche cuts forecasts due to alloy shortage, shares fall
By Victoria Waldersee (Reuters) -Porsche AG cut its sales and profit outlook on Tuesday due to an un...
23rd July, 2024
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GM beats quarterly expectations and raises forecast, but shares dive
By Nora Eckert DETROIT (Reuters) -General Motors reported second-quarter profit and revenue on Tuesd...
23rd July, 2024
Top Stories
Xpeng, Volkswagen set up project house to roll out new EV architecture
(Reuters) -Chinese electric vehicle (EV) maker Xpeng has established project houses for engineers in...
22nd July, 2024