Browsing: automotive industry

With potential tariffs looming, here’s a breakdown of the least and most American-made pickup trucks, according to recent data, which may influence your next purchase.

Kia UK’s CEO warns of a perverse situation due to the electric vehicle mandate.

Bentley’s revenue declined in 2024, but the luxury automaker emphasizes increasing value per vehicle through bespoke features.

The German automaker is considering passing on the costs of import tariffs by increasing new car prices.

The UK automotive industry is calling on the government to boost the electric vehicle market with fresh incentives. Concerns are growing over the current policies, which are blamed for job losses and de-industrialization.

The Society of Motor Manufacturers and Traders (SMMT) calls for government incentives to accelerate electric vehicle (EV) adoption in the UK, aiming for two million new EVs on the road by 2028 to stimulate economic growth and reduce emissions.

Honda Motor is entering the micro-sized electric van market in Japan, aiming to capitalize on growing demand for eco-friendly delivery vehicles. The new van, targeting the delivery industry, boasts a substantial range and benefits from the ‘kei’ vehicle classification.

The Japanese market for electric vehicle reducers is projected to reach USD 800 million by 2035, reflecting a 6.2% CAGR, spurred by advancements in powertrain technology and increasing EV adoption.

Government incentives are driving a surge in EV sales in Indonesia, but significant challenges remain.

A new report from Persistence Market Research forecasts strong growth for the European EV market, driven by regulations, technology, and consumer demand.