Browsing: automotive industry

General Motors axes $300m EV investment in favor of $888m V8 engine production at its Tonawanda, New York plant

Chinese electric vehicle manufacturer BYD is driving down prices in the EV market

Tesla investors are calling on CEO Elon Musk to refocus on the company amid declining sales and share price

Hungary’s Viktor Orban has welcomed Chinese investment, potentially undermining EU efforts to protect its car industry.

Electric vehicles depreciate faster than petrol and diesel cars due to heavy discounting by manufacturers

General Motors is investing heavily in its engine plants to continue production of its small-block V8 engine through the end of the decade

Luxury sports car manufacturer struggles with declining Chinese demand, electric vehicle strategy missteps, and US tariff threats

UK car and van production falls to lowest April level since 1952

Honda Motor reduces planned investment in electrification and software by 30% to $48.4 billion by 2030, shifts focus to hybrid vehicles with plans to launch 13 new models

Tesla owners in Europe share mixed feelings about their vehicles and Elon Musk’s controversial actions