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Byline: Umesh Ellichipuram Renault’s Dacia brand has reduced the price of its Spring electric vehicle (EV) in France by [euro]2,000 ($2,063), Reuters has reported. The move is said to be [...]

Byline: David Leggett The UK new car market recorded its second successive year of growth with 1,952,778 new cars reaching sold in 2024 - a rise of 2.6% on the [...]

The 'Semiconductor Market Global Forecast Report by Device Type, Application, Countries and Company Analysis 2025-2033' report has been added to ResearchAndMarkets.com's offering. According to a release, the semiconductor market is [...]

EV sales in China are set to overtake traditional car sales for the first time next year. EV sales are set to grow 20% next year to over 12 million [...]

Byline: aranyamondal South Korea's Hyundai Motor is reportedly in talks with Samsung Electronics to manufacture automotive chips for self-driving vehicles. Hyundai has shown interest in leveraging Samsung’s automotive semiconductor production [...]

Byline: aranyamondal Germany, Italy, and the Czech Republic have reportedly urged the European Union to halt financial penalties for carmakers that fail to meet the EU emissions targets starting in [...]

Byline: aranyamondal Lamborghini will delay the launch of its first fully electric vehicle (EV) until 2029, due to the luxury sports car market’s lack of readiness for full electrification, Reuters [...]

Byline: Autocar Pro News Desk The automaker said no penalties, as mentioned in an Indian Express report, are being considered by the government 'to the best of its knowledge'. Mahindra [...]

Byline: Frankie Youd Sales of battery electric vehicles in South Korea began to recover in the third quarter of 2024 after a sharp decline in the first half of 2024, [...]

Byline: David Leggett New vehicle sales in Japan increased by just over 1% to 402,310 units in October 2024 from 397,672 units a year earlier, according to registration data released [...]

Byline: David Leggett Cumulative 2024 EV share in the UK car market - at 18.1% – is undershooting the 22% full-year share needed to avoid hefty OEM fines under the [...]

Byline: Autocar Pro News Desk Major automakers are aggressively expanding their presence in South and Southeast Asia (SSEA), recognizing the region's immense potential as both a market and production hub, [...]

Here’s more evidence the used-car market is a complex place nowadays. According to the Q3 Quarterly Vincensus Report, Lotlinx acknowledged while certain brands face issues with high day supply and [...]

The latest numbers from Cars Commerce show a new-car market in flux, with prices falling as excess inventory builds up. In the used-car world, on the other hand, all is [...]

Byline: robertsailo The EU’s five largest economies are collectively spending [euro]42bn ($45.6bn) annually on subsidies for fossil-fuel company cars, a study commissioned by environmental group Transport & Environment (T&E) revealed. [...]

The car-buying public has a message for the used-car industry, and it’s this: We don’t want to pay too much for a vehicle. That message was clearly conveyed in CarGurus’ [...]

Byline: David Leggett Retail sales of passenger vehicles in China rose by 2% year-on-year to 2.06 million units in September 2024, according to preliminary data released by the China Passenger [...]

Byline: David Leggett New vehicle sales in Japan increased just slightly to 438,733 units in September 2024 from 437,493 units a year earlier, according to registration data released by the [...]

Byline: David Leggett A new report by management consultant Arthur D. Little (ADL), suggests that global progress to a Connected, Autonomous, Shared and Electric automotive market is 'increasingly uneven'. Arthur [...]

Truist raised the firm's price target on CarMax to $75 from $70 and keeps a Hold rating on the shares. Based on the significant acceleration in used car sales in [...]

Byline: Graeme Roberts BMW took over two years to discover the extent of a braking system fault that is expected to cost it almost EUR1bn (US$1.1bn) to fix. Customers and [...]

Byline: Marc Lutz A new set of recommendations to help the electric vehicle industry improve charging experiences has been compiled in a report by the ChargeX Consortium. The report, which [...]

Byline: Autocar Pro News Desk Factorial has already developed a quasi-solid-state battery that automakers including Mercedes are testing and should be in EVs on the road in 2026. Mercedes Benz [...]

Byline: David Leggett The UK's professional body for mechanical engineers (the Institution of Mechanical Engineers – IMechE) has voiced concern over the long-term future of the UK's automotive sector. In [...]

Byline: TimesTech From tiny chips powering your smartphone to robots assembling cars, AI and automation are rewriting the rulebook and creating waves across industries. In the fast lane of the [...]

Chinese state media on Sunday aired an investigation into 'empty student status' fraud. Schools and consultants said on camera that they ran services allowing students to graduate without attending class. [...]

Open Lending Corp., an industry company focusing on automotive lending enablement and risk analytics solutions for financial institutions, reported it has released a new Near- and Non-Prime Consumer Update, continuing [...]

Byline: Kiran Murali 'I am pleased to report that, in response to my recommendation, several commercial and passenger vehicle manufacturers have agreed to offer discounts for the purchase of new [...]

According to a new research report released by Fact.MR, the global Bandsaw Machine Market is projected to reach US$ 3.48 million in 2024 and expand at a CAGR of 3.6 [...]

Byline: Autocar Pro News Desk General Motors, Ford and a clutch of other carmakers have prolonged or shelved plans for new electric models to avoid investing too much on vehicles [...]

The auto industry’s most satisfied customers don’t drive electric vehicles. They don’t drive traditional gas-powered cars, either. Owners of hybrid vehicles posted the highest satisfaction scores in the American Customer [...]

Alliance Global Partners analyst Jeff Grampp lowered the firm's price target on Dragonfly Energy to $1.25 from $1.75 and keeps a Buy rating on the shares post the Q2 report. [...]

Byline: Graeme Roberts The automotive industry has evolved significantly, especially in braking systems, enhancing comfort, safety, and technological integration. In the Asia-Pacific region, the adoption of cutting-edge technologies, such as [...]

Byline: David Leggett The automotive industry is undergoing a significant digital transformation focused on improving vehicle performance, safety, and sustainability. The key innovations driving this change include advanced EV discharge [...]

Exactly how quickly the electrification of transportation is ramping up is still an open question. Electric vehicle (EV) adoption projections vary widely, with sources suggesting EV sales' market share could [...]

Byline: Autocar Pro News Desk Key sustainability targets in NGP2030 include reducing per-vehicle lifecycle CO2 emissions by 30%, per-vehicle manufacturing CO2 emissions by 52%, and per-vehicle driving CO2 emissions for [...]

Byline: Graeme Roberts General Motors reported second quarter profit and revenue on Tuesday that beat Wall Street’s expectations, Reuters reported, and raised its annual profit forecast for a second time [...]

Trump has been critical of EVs and Biden's policies to encourage manufacturing and sales. The potential loss of a $7,500 tax credit has sparked concern in the EV industry. Still, [...]

Barclays raised the firm's price target on Tesla to $225 from $180 and keeps an Equal Weight rating on the shares ahead of the Q2 report. Not only have Tesla's [...]

Overall satisfaction with car manufacturer websites hit its highest level in 3½ years, according to the latest study by J.D. Power. The research firm’s 2024 U.S. Manufacturer Website Evaluation Study [...]

Byline: Editor U.S. electric vehicle (EV) sales of General Motors, Rivian, and Toyota reported robust EV deliveries in the second quarter, while Tesla recorded a decline. Despite these gains, the [...]

Byline: Graeme Roberts Volvo Cars’ UK unit has reversed its decision to axe estate cars (aka station wagons) and will reintroduce the V60 and V90 with orders opening in July. [...]

Byline: Glenn Brooks Lexus does around three times the monthly volume as Acura in the USA, that being the largest market for each of them. And with sales recently dropping [...]

Byline: Moneylife Digital Team Terming the report prepared by a surveyor as 'untenable', the national consumer disputes redressal commission (NCDRC) directed Royal Sundaram General Insurance Company Ltd (erstwhile Royal Sundaram [...]

Byline: kgi-admin In the Canadian automotive industry, there were 6 M&A deals announced in Q1 2024, worth a total value of $300m, according to GlobalData’s Deals Database. The $300m merger [...]