News

The number of cars on German roads has reached a record high of 49.1 m at the start of 2024, according to a new report from the government’s statistical office Destatis. …

General Motors will seek to soothe shareholders' worries on Tuesday that lagging demand for electric vehicles and perceived peak demand for gasoline-powered trucks will create a rough road ahead for the automaker. …

China is studying raising tariffs on large-engine vehicles and will start collecting duties on brandy from Europe, escalating a trade spat after the European Union decided to impose tariffs on Chinese electric vehicles. …

Chinese electric automaker BYD expects to sell 50,000 electric vehicles (EVs) in Mexico in 2024, and then 100,000 in 2025, the company's Mexican head Jorge Vallejo said on Tuesday, 8 October 2024. …

European dealers for Stellantis said they supported a proposal, launched by European auto lobby ACEA, to delay intermediate carbon emission reduction goals the European Union set for next year as market conditions do not support them. …

Volkswagen Group CEO Oliver Blume said the European Union should consider adjusting its hefty tariffs against China-made electric vehicles to make allowances for investments made in Europe. …

BMW CEO Oliver Zipse said the European Union’s vote on 4 October to impose tariffs as high as 45 percent on electric vehicles from China is "a fatal signal for the European automotive industry" and called for a quick, negotiated …

Stellantis CEO Carlos Tavares said reports of a potential tie-up were 'speculation,' while Renault CEO Luca de Meo called them 'rumors.' The French government holds a share in each company. …

Hyundai Glovis announced that it signed a MoU with BYD, China’s largest electric vehicle manufacturer, to establish a strategic collaboration for logistics and finished vehicle maritime transportation. …

Automakers are on course to offer at least £2 bn ($2.6 bn) in electric-vehicle discounts this year and still fall short of the UK government's sales mandate, according to the SMMT, the industry's trade body. …