Browsing: automotive industry

A McKinsey survey unveils the priorities and expectations of luxury car buyers, offering insights into their motivations, experiences, and future preferences, including the rise of electric vehicles.

Despite government initiatives and industry shifts, consumer preference still dictates the future of the automotive market, with hybrids emerging as a potential compromise.

Latest figures reveal a decline in UK car and commercial vehicle production, prompting calls for government support to boost competitiveness and accelerate the transition to electric vehicles.

The future of federal tax credits for electric vehicles is uncertain, as the incoming administration has expressed plans to roll back these incentives. The fate of the credit, which currently offers up to $7,500, hangs in the balance.

A Kansas aerospace company is developing a hydrogen-burning engine that could revolutionize the automotive industry, offering high efficiency and low emissions.

Chinese carmaker BYD plans to conquer the European market with a new compact electric vehicle and fast-charging technology.

Chinese electric carmaker BYD plans to increase its European sales with a new compact model and advanced charging technology, despite facing EU tariffs.

A recent study reveals growing consumer interest in electric vehicles (EVs), with a majority expressing a likelihood to purchase one as their next car. The survey highlights rising demand and affordability in the EV market.

The U.S. tariffs on imported cars and parts could severely impact the U.K.’s luxury car market.

President Trump’s import tariffs threaten the U.K.’s luxury car sector, potentially impacting manufacturers like Bentley and Rolls-Royce.