Browsing: automotive industry

BMW pauses £600 million investment in electric Mini vehicle production at its Oxford plant due to automotive industry uncertainties, potentially impacting the UK’s EV transition.

China is pushing for electric vehicles to be called EIVs, shorthand for ‘electric intelligent vehicles’, highlighting advanced AI features. Learn more about the evolution of EVs.

The electric vehicle industry struggled in 2024, with Tesla experiencing its first-ever sales decline and several companies filing for bankruptcy. Learn more.

China’s electric vehicle price war is leaving some drivers stranded. As smaller companies collapse, owners find their high-tech cars becoming obsolete.

Explore Mercedes-Benz Cars & Vans’ Earnings Before Interest and Taxes (EBIT) from 2011 to 2023, with a focus on recent financial performance.

Van sales in the EU experienced significant growth in the first half of 2024, with a 15% increase, reaching over 840,000 units.

European Union van sales experience a strong 8.5% increase in the first nine months of 2024, fueled by growth in major markets like Spain, Germany, Italy, and France.

The automotive industry wants a gradual introduction of new regulations for electric vehicles in 2025, aiming to avoid penalties and address slow adoption rates.

A Bank of America analyst suggests that the Detroit Three automakers should prioritize their profitable truck business and reconsider their strategies in China to better fund electric vehicle development.

Tata Motors expands its vehicle scrapping network with a new facility in Pune, promoting eco-friendly practices and a circular economy within the automotive sector.