UK Government Stands Firm on Electric Vehicle Sales Mandate Despite Industry…
The British government appears poised to reject appeals from electric vehicle manufacturers seeking relief from…
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automotive industry
Britain Prepares to Ease Electric Vehicle Sales Rules as Industry Faces Crisis
The UK government is poised to modify regulations governing the electric vehicle (EV) market amid mounting pressure…
German Car Industry Shares Plummet as Trump Victory Sparks Tariff Fears
German automotive manufacturers witnessed a significant market downturn today as Donald Trump's presidential…
Global Auto Giants Face Profit Squeeze as Chinese Market Competition Intensifies
Leading international automakers Toyota, Honda and BMW have reported significant drops in quarterly profits,…
Volkswagens Future Hangs in Balance as German Giant Faces Reform Crisis
Europe's largest automaker, Volkswagen, finds itself embroiled in an unprecedented crisis as it grapples with…
Aston Martin Burns Through 1 Million Pounds Daily as Production Targets Fall Short
British luxury automaker Aston Martin Lagonda continues to face significant operational challenges, with the…
Volkswagen Seeks Restructuring as Profit Plummets in China Sales Decline
Volkswagen AG, Europe's largest automaker, has found itself in a precarious position following a 64 per cent…
Chinese Electric Vehicle Sales Falter in Europe as EU Tariffs Take Effect
The European electric vehicle (EV) market is undergoing a notable transformation as Chinese manufacturers respond…
Volkswagen Contemplates Factory Closures and Job Cuts in Germany as Cost Savings…
In a significant shift from its 87-year history, Volkswagen is contemplating the closure of factories in Germany…
Hyundai Doubles Hybrid Range as Demand for Pure Electric Cars Declines
As consumer demand for pure electric vehicles (EVs) experiences a slowdown, the South Korean carmaker Hyundai has…
Polestar CEO Thomas Ingenlath Resigns Amidst Plummeting Sales and Share Prices
In a surprising turn of events, Thomas Ingenlath, the chief executive and founder of Polestar, has stepped down…
Ford Cancels Electric SUV Plans Potential 19 Billion Dollar Write Off
In a surprising turn of events, Ford Motor Company has abandoned its plans to manufacture a three-row electric…
Ford Scraps Plans for Electric SUV Potentially Costing 19 Billion Dollars
In a surprising turn of events, Ford Motor Company has decided to abandon its plans to manufacture a three-row…
Dowlais Struggles as Share Price Plummets Amidst Industry Turmoil
The automotive industry has been grappling with a myriad of challenges, and Dowlais, the car parts maker spun off…
UK Governments 2030 Electric Vehicle Mandate Faces Resistance from Carmakers
The Labour government's ambitious plan to phase out the sale of new petrol and diesel vehicles by 2030 has hit a…