Focus on Automotive
US to ban smart cars containing Chinese tech
The restriction also bans the import of the hardware and software if they are linked to Beijing or Moscow.
Volkswagen deliveries fall in 2024 as electric push slows
The 10-brand group, which includes Audi, Porsche and Lamborghini, sold 9.03 million vehicles last year, down 2.3 per cent from 2023.
Global road transport emissions to peak in 2025: study
CO2 emissions from road transport could peak worldwide this year thanks to rapid growth in EVs and stricter regulations.
Central Europe’s banks can withstand car sector turmoil, S&P says
European automakers have announced plant closures and layoffs amid weak demand, high costs, and a slow EV transition.
S&P lowers Nissan’s outlook to negative, affirms BB+ ratings
This follows Nissan's boost of incentives to cut high inventories amid slowing North American car sales.
German premium carmakers’ sales battered in China and Germany amid slowdown
Germany’s luxury carmakers faced sharp sales drops in 2024 as economic uncertainty and EV challenges hit home and China.
US oil refiners brace for a tough year as investor sentiment turns negative
Investors are souring on the U.S. oil refining sector, citing forecasts for softer fuel demand and worries that Trump may slap tariffs on...
China’s electric car sales grow in 2024, as sales of gasoline cars plunge
China's EV sales surged 40 per cent in 2024, while gas-powered car sales plunged 17 per cent, reshaping the world's largest auto market.
Mercedes-Benz 2024 car sales fall in tough year for automakers
Annual sales of battery-electric cars (BEV) dropped by 23% to 185,100 vehicles, adding pressure on the carmaker.
Nissan open to pooling on CO2 to avoid fines in Europe
Nissan considers pooling with carmakers to meet EU CO2 targets, exploring short-term options amid regulatory shifts.
