Trump’s tariffs could hit Central Europe’s economies – S&P Global
US President Donald Trump's plan to impose 25 per cent tariffs on European Union imports could dent Central…
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Volkswagen
Volkswagen sales fall 2.3% amid cost pressures
Volkswagen reported on Tuesday a 2.3 per cent drop in its sales to just over nine million vehicles for 2024 as it…
BYD’s EV sales reach 1.76m in 2024
China’s BYD Co. reported on Wednesday record-breaking sales of 4.25 million passenger vehicles in 2024, driven by a…
Honda, Nissan exploring potential merger
Honda and Nissan are expected to announce a partnership on Monday to investigate the possibility of merging.
VW averts closures, announces workforce reductions
Volkswagen announced on Friday a comprehensive restructuring plan that includes 35,000 future job cuts and reduced…
German business sentiment in China hits record low in ’24
Business sentiment among German companies in China has reached an all-time low, according to the German Chamber of…
Volkswagen, SAIC decide to sell Xinjiang factory
Volkswagen and Shanghai's SAIC Motor have decided to sell a factory in Xinjiang, China, following criticism over…
S. Africa weighs tax rebates, subsidies to boost EV adoption
South Africa is exploring tax rebates and subsidies to encourage electric vehicle (EV) adoption, President Cyril…
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…
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