Stellantis recorded strong growth in European electric-vehicle sales during the third quarter of 2026, supported by affordable models and its Leapmotor partnership. However, the improvement has yet to translate into a robust financial recovery. Passenger battery-electric vehicle sales across its EU30 markets increased 65% year-on-year, rising to 93% when Leapmotor deliveries were included. Smart Car […]
Toyota and Waymo have announced plans to begin initial testing and validation of autonomous Toyota bZ4X vehicles in Japan in 2027, advancing their partnership towards a driverless ride-hailing service. The October 30 announcement pairs Toyota’s vehicle manufacturing expertise with Waymo’s autonomous-driving technology. Deployment in the United Kingdom and other markets served by Waymo is planned […]
The upcoming USMCA review is creating fresh uncertainty across the North American auto industry. Automakers, suppliers, and dealerships are preparing for possible changes to trade rules and tariffs. Industry leaders are closely monitoring the July 1 review of the United States-Mexico-Canada Agreement. Many believe the discussions could reshape manufacturing, supply chains, and vehicle production throughout […]
The Nissan Chery partnership under discussion could reshape the future of UK car manufacturing, as both companies explore ways to maximize output at Nissan’s Sunderland plant. According to a Financial Times report, the talks signal a broader shift in how global automakers are approaching capacity, cost efficiency, and electric vehicle production. At the center of […]
The growing wave of used EV depreciation is emerging as a major financial threat to automakers and their finance divisions. As thousands of leased electric vehicles return to the market, their resale values are falling far below expectations, creating a looming multi-billion-dollar problem. This used EV depreciation trend reflects a rapidly shifting market where supply […]
Used electric vehicle sales are accelerating across Europe. Consequently, petrol price spikes drive consumer shifts rapidly. Moreover, online car platforms report surging EV interest. Therefore, pain at the pump pushes buyers away from combustion engines. Specifically, the war in Iran disrupted vital oil shipping routes. Global oil supplies faced significant disruption recently. Approximately 20% of […]
Mercedes V12 discontinuation becomes official across European Union markets. Consequently, the twin-turbo 6.0-liter unit exits the Old Continent. Moreover, stricter emissions regulations drive this strategic decision. Therefore, the M 279 engine reaches its regional endpoint. Specifically, Euro 7 standards prove incompatible with twelve-cylinder design. A company spokesperson confirmed this change to Motor1 recently. Furthermore, countries […]
Skoda China Exit marks a dramatic turning point for the Czech automaker after years of declining sales in the world’s largest car market. As a result, the decision underscores how quickly global brands can lose ground in China’s fast-evolving automotive landscape. Skoda Auto once relied heavily on China as its biggest market. However, demand began […]
General Motors has unveiled a new strategy aimed at reversing declining sales in China, with the GM China comeback plan centred on accelerating electric vehicle production under its joint venture with SAIC. The move comes as SAIC-GM approaches a key contract deadline in June 2027, with the company seeking to stabilise performance in one of […]
Lamborghini earnings dip despite the Italian luxury carmaker posting record revenue, as rising costs, U.S. tariffs, and strategic shifts weighed on profitability. The performance highlights the growing pressure even high-end brands face in a volatile global market. The Lamborghini earnings dip comes at a time when the company continues to deliver strong sales. Revenue rose […]
