Toyota to delay US EV production to 2026 amid slowing sales, Nikkei reports
Toyota delays North American EV production to early 2026 due to design changes and slowing demand, impacting its Kentucky plant.
Ford reports weak US sales for third quarter
Ford reported weaker U.S. vehicle sales growth in Q3, causing shares to drop two per cent, reflecting ongoing buyer affordability concerns.
European automakers most at risk from US dockworkers strike, analysts say
European automakers face the biggest impact from U.S. East Coast port strikes, risking supply chain disruptions.
High costs, slowing China: Volkswagen’s perilous road ahead
Volkswagen faces high costs, China competition, and a troubled EV transition, as tense pay talks with unions begin.
Toyota cheated on forklift engine emissions, lawsuit in US claims
Toyota faces a U.S. class action lawsuit accusing the automaker of emissions cheating in nine engines for its forklift trucks.
White House touts $1bn fund to help auto suppliers retool for EVs
Investment firm Monroe Capital LLC said it plans to launch a fresh fund of up to $1 billion to provide loans for smaller...
AIR COMPANY gets Avfuel, Alaska Airlines backing in funding round
SAF manufacturer AIR COMPANY secures investment from aviation fuel supplier who will act as preferred distribution and logistics partner.
EVs could reach 24% EU car market share by 2025
Battery-electric cars (BEVs) sold in the European Union are set to reach a market share of 20-24% by 2025.
US House passes bill targeting China that would limit EV tax credits
The House voted 217-192 to tighten rules limiting Chinese content in EVs eligible for U.S. tax credits; Senate yet to act.
Carmakers adjust electrification plans as EV demand slows
Lowering targets, increasing hybrid production and changing timelines — how car manufacturers are responding to weak EV demand.
