Automotive Industry Automotive News Europe - 2023-10-27
The Toyota booth -- the largest at the reborn auto show here in Tokyo -- delivers a clear message: We are (finally) going electric. …
Automotive Industry Reuters - 2023-10-26
Mercedes-Benz (MBGn.DE) said a "brutal" electric vehicle market of heavy price cuts and supply chain issues meant it would likely hit the lower end of its 12-14% adjusted return on sales forecast for the cars division, …
Automotive Industry Automotive News Europe - 2023-10-26
Jaguar Land Rover said it will produce an electric version of its Defender at its plant in Slovakia. …
Automotive Industry Automotive News Europe - 2023-10-26
Mercedes-Benz is seeing lower than expected consumer adoption rates for electric vehicles, CFO Harald Wilhelm said on Thursday, describing the EV market as a "pretty brutal space." …
Automotive Industry SMMT - 2023-10-26
UK car manufacturing rose by 39.8% in September with 88,230 vehicles leaving British factory lines – 25,105 more than the same month last year, according to the latest figures published today by the Society of Motor Manufacturers and Tra …
Automotive Industry SMMT - 2023-10-26
UK commercial vehicle (CV) production dipped in September, down -5.2% year on year, according to the latest figures published today by the Society of Motor Manufacturers and Traders (SMMT). …
Automotive Industry Automotive News Europe - 2023-10-25
Stellantis is buying a 21% stake in Leapmotor for €1.5bn ($1.58bn) in a reset of its China strategy to focus on electric vehicles after years of poor sales in the world's biggest auto market. …
Automotive Industry Reuters - 2023-10-25
High interest rates are derailing the ambitions of climate regulators and automakers to accelerate the shift to electric vehicles, underscored Wednesday by the scrapping of a GM-Honda partnership and a warning from a battery maker. …
Automotive Industry Automotive News Europe - 2023-10-25
Honda has canceled plans to jointly develop affordable electric vehicles with General Motors due to a changing business environment, Honda CEO Toshihiro Mibe said. …
Automotive Industry Reuters - 2023-10-24
Japanese automaker Mitsubishi Motors (7211.T) will invest up to €200 m ($214 m) in the new electric vehicle unit of French counterpart Renault (RENA.PA), Mitsubishi said on Tuesday. …