Porsche deliveries down 8% globally in Q1 ‘25
German sports car maker Porsche reported an 8 per cent drop in global deliveries in the first quarter, citing…
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Mercedes Benz
Global automaker stocks plunge as Trump announces 25% tariffs
Automaker stocks tumbled Thursday after US President Donald Trump announced a 25 per cent tariff on all imported…
Egypt launches locally produced Exeed car
Kamel El-Wazir, Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, witnessed…
German automakers shouldn’t fear Chinese competition – Scholz
German automakers should not fear competition from China, said Chancellor Olaf Scholz during the inauguration of…
S. Korea imported passenger vehicles up 11.6% in Sep. ’24
The South Korea Automobile Importers and Distributors Association (KAIDA) reported 24,839 newly registered imported…
S. Korea’s imported passenger vehicles rise 1.3% M-o-M in August
The South Korea Automobile Importers & Distributors Association (KAIDA) reported 22,263 newly registered…
Serbia’s lithium to power EU carmakers
Serbia will offer Mercedes-Benz, Volkswagen, and Stellantis the opportunity to purchase lithium for car batteries,…
Germany approves auto giants’ wireless licensing pact
Germany's antitrust authority, the Federal Cartel Office, approved on Monday a collaboration among BMW,…
Mercedes forecasts sales drop amid global tensions
Mercedes-Benz predicted a drop in sales returns for its cars and vans division in 2024, according to a Thursday…
Mercedes-Benz launches fully electric vehicle in Egypt
Mercedes-Benz launched its fully electric vehicle range in Egypt on Thursday, the company announced.