U.S. auto sales to fall in April on tight inventories, rising rates – data
U.S. new vehicle sales is expected to fall in April, as low inventories and rising interest rates boost prices amid high demand, consultants J.D.
Car Prices Soar Due to Surging Cost of Raw Materials
Surging raw material prices are pushing up the prices of new cars.
Polish subsidies make electric vehicles a cheaper alternative 22.04.2022
More than 40,000 electric vehicles (EVs) have been registered in Poland since the beginning of the year, up 70% compared to the same period of 2021.
Overseas experts, business leaders see strong resilience in China’s economy
Aerial photo taken on January 26 shows Rizhao Port in operation in Rizhao, east China’s Shandong Province (XINHUA)
China’s leading automaker resumes production in Changchun
Five factories of China FAW Group Co., Ltd. in Changchun, capital of northeast China’s Jilin Province, have resumed production as of April 17, with a total of 7,438 workers back to work.
Hyundai’s Ioniq 5 Named World Car of the Year
Award recipients were decided by a vote of a jury of 102 international automotive journalists from 33 countries.
Stellantis stepping back from China JV
Multinational automotive manufacturer Stellantis announced Wednesday it is pulling out of its Chinese auto finance joint venture (JV), the most recent move in the company’s reshaping of its Chinese operations, reports Nikkei Asia.
European firms eye new prospects in line with China’s needs and goals
One would be hard-pressed to find anyone who would describe the rear quarters of the BMW X5 as “cramped.”
Australia’s Lynas posts record revenue on strong demand for rare earths
-Australia’s Lynas Rare Earths on Tuesday posted a record quarterly revenue as demand for the specialized metals it mines surged amid a global push to electrify vehicles and curb carbon emissions.
BYD to only manufacture electric cars from now on
The Warren Buffet-backed, Shenzhen-based car manufacturer BYD has finished production of fossil-fueled vehicles.