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Browsing: automotive industry
Australian government considers scrapping Luxury Car Tax to boost agricultural exports to Europe, potentially making luxury vehicles more affordable
Ford revises its North American electrification roadmap, canceling some large three-row electric SUVs in favor of more affordable EVs and hybrid models
Mercedes-Benz is moving production of a key vehicle to its Alabama plant by 2027, potentially boosting US manufacturing as part of Trump’s protectionist trade agenda
Tesla’s new car sales in Spain plummeted 36% in April compared to the same month in 2024, totaling 571 units, according to data from industry group ANFAC. Meanwhile, sales of electric vehicles from other manufacturers experienced significant growth.
Porsche faces significant challenges in China as domestic electric vehicle brands gain popularity, offering competitive pricing, advanced technology, and innovative features.
Bentley CEO Frank-Steffen Walliser discusses the company’s strategy to stay profitable despite global challenges
Porsche’s sales in China plummeted 42% in the first quarter of 2024 as domestic electric vehicle brands gain popularity
Porsche’s sales in China plummeted 42% in the first quarter of 2024 as domestic electric vehicle brands gain popularity
Mercedes-Benz is axing its Citan and T-Class vans as part of a broader downgrade of its partnership with Renault. The decision comes amid plummeting sales, with T-Class sales dropping to just 5,117 units in 2024.
Porsche’s sales in China have plummeted 42% in the first quarter, as local electric vehicle brands like BYD and AITO gain popularity with their advanced technology and competitive pricing.