Volkswagen AG, Europe’s largest carmaker, is facing a challenging situation as it has “a year, maybe two” to restructure in response to declining sales in its home market. This warning
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The UK’s zero-emission vehicle (ZEV) mandate is significantly disrupting the automotive industry, particularly affecting traditional brands like Ford and Vauxhall. These companies are witnessing a sharp decline in market share
The European electric vehicle (EV) market is undergoing a notable transformation as Chinese manufacturers respond to newly imposed European Union tariffs. According to data from automotive analyst Dataforce, the market
In a significant shift from its 87-year history, Volkswagen is contemplating the closure of factories in Germany and potential job cuts as it faces a challenging economic environment. This consideration
As consumer demand for pure electric vehicles (EVs) experiences a slowdown, the South Korean carmaker Hyundai has announced plans to double its range of hybrid car models. The company, which
Chinese electric vehicle manufacturer Xpeng has launched a new, affordably priced electric car that incorporates technology acquired from ride-hailing giant Didi’s failed attempt to enter the highly competitive automotive market
In a surprising turn of events, Thomas Ingenlath, the chief executive and founder of Polestar, has stepped down after seven years in leadership. Polestar, a Swedish electric vehicle manufacturer controlled
In a surprising turn of events, Ford Motor Company has decided to abandon its plans to manufacture a three-row electric sports utility vehicle (SUV) and will instead produce a hybrid
The increase in enforcement actions against motorists for unpaid traffic fines reflects a complex interplay of various factors, including the rise of clean air zones, road tolls, and stricter parking
The automotive industry has been grappling with a myriad of challenges, and Dowlais, the car parts maker spun off by Melrose Industries in April last year, has not been immune
The electric car market in Britain is witnessing a significant shift as BMW closes in on Tesla’s lead. According to the latest industry figures, BMW’s electric car sales in the
The Labour government’s ambitious plan to phase out the sale of new petrol and diesel vehicles by 2030 has hit a roadblock, with carmakers claiming that the targets are unachievable.
Jaguar Land Rover is one of a number of luxury carmakers that have been severely affected by the flooding in Switzerland, which paralyzed a leading aluminium manufacturer. After Novelis –
After other net-zero projects failed, the aviation giant is now focusing on hybrid power. Airbus will use small electric motors in its first hybrid aircraft to reduce carbon emissions using
The motor leasing company headed by Lord Stuart Rose, a retail veteran, is in debt due to the slumping prices of second-hand electric vehicles. Moody’s has placed Zenith Automotive –
Ferrari is about to launch its electric car, which will cost more than €500,000. The new model will be launched next year by the luxury Italian brand best known for
