News

Chinese electric vehicle (EV) maker Nio is opening its first overseas plant in Hungary in September. …

China's Great Wall, one of the country's six largest automakers, has entered a strategic partnership with Europe's largest car dealer group, Emil Frey, to distribute the Ora and Wey brands. …

The automotive industry now has the opportunity to reorganise the delivery of a more standardised choice of vehicle supported by the digital revolution in retail. …

Fisker has taken 4,000 reservations for the Pear electric compact car, which is scheduled for production in 2024, company founder Henrik Fisker said. …

Germany would face costs almost six times as high as Brexit if it and the European Union were to shut China out of their economies, the Ifo institute said on Monday, citing the results of a study. …

Elon Musk announced at the Tesla AGM that the company might announce the location for another factory in North America before the end of the year. In addition, as expected, the AGM approved another three-to-one stock split. …

The shortages of computer chips that forced global automakers to scrap production plans for millions of vehicles over the past two years are easing -- at a new and permanent cost to the car companies. …