Focus on Automotive
Vertu Motors: Electric carmakers are slashing prices to meet emissions targets
The car dealership group said demand for battery electric vehicles (BEVs) is trailing behind supply, leading to widespread price cuts.
Stellantis recalls over 20,000 hybrid SUVs in US over brake pedal concern
Automaker Stellantis warns some SUVs may have a brake pedal that could unexpectedly disengage during use.
Trump says ‘obnoxious’ tariffs will bring factories to US
Donald Trump says companies will drop plans to build factories overseas when faced with the threat of high tariffs on shipping goods to...
EV chipmaker Wolfspeed set to receive $750 million US chips grant
Wolfspeed, which has clients including GM and Mercedes, makes silicon carbide chips for efficiently transmitting EV battery power to motors.
BMW CEO: Europe must cancel petrol engine ban to reduce reliance on China
BMW CEO Oliver Zipse urges Europe to reconsider its 2035 ban on new fossil fuel cars to reduce reliance on China’s battery supply.
Global EV sales up 30.5% in September as China shines, Europe recuperates
Global sales of electric and plug-in hybrid vehicles grew 30.5 per cent in September, with China surpassing August records, per Rho Motion.
China-Europe rivalry heats up at Paris car show as EV tariffs loom
Chinese and European automakers clashed at the Paris car show as the EU plans tariffs on Chinese EVs amid weak demand.
Low-cost hybrid tech gives Renault breathing space in tough EV transition
Renault CEO Luca de Meo’s low-cost gearbox boosts the brand's position in Europe’s hybrid car market.
Moody’s downgrades Volkswagen outlook to ‘negative’ due to operating weakness
Moody's cuts Volkswagen's outlook to "negative" citing weak performance, low volume growth, and restructuring challenges ahead.
Stellantis CEO says EU carbon rules are pushing industry costs up by 40%
Stellantis CEO Carlos Tavares noted EU carbon rules are raising auto industry costs as customers avoid pricey EVs.
