News

Audi Mexico has already begun installing the equipment necessary for the production of a car with 'E-tron' — or fully electric — equipment. …

German automakers could face counter measures in China to the EU's new tariffs on Chinese EV exports to Europe. China is a key profit center for the companies. …

The production of the compact car, which has an internal-combustion drivetrain, is set to end in 2025, and operations at the Saarlouis factory are winding down. …

Chinese car exports fell in May 2024 amid an ongoing slide in domestic sales. …

Germany wants the EU to set tariffs on electric vehicles at a low level to avoid severe retaliation from Beijing. …

General Motors cut its annual EV production forecast and announced a new $6 bn share buyback plan on Tuesday, 11 June 2024, as the automaker banks on demand from its gasoline-powered models. …

The European Commission is this week (second week of June 2024) expected to disclose the tariffs it plans to impose on Chinese electric vehicles (EVs) due to what it says are excessive subsidies, a move likely to prompt stern words and p …

The tariff imposed is said to be a minimum of $7,000. Turkey will raise tariffs on all vehicle purchases from China by 40%, in a bid to curb imports and narrow the current account deficit. …

The country's auto industry is benefiting from business in China and will be able to compete with the Asian country's carmakers if trade remains “fair and free,” German Chancellor Olaf Scholz said. …

Volvo cars has started to shift production of Chinese-made electric vehicles to Belgium in the expectation that the European Union will drive ahead with a crackdown on Beijing-subsidised imports, the Times reported on Satu …