Bosch Plans to Spend $3B to Flood the Market With Microchips, but It Will Take Time
13 Jul 2022, 11:21 UTC · By: Cristian Agatie / Bosch announced a $3-billion investment in its semiconductor business by 2026 to put the microchip shortages in the rear-view mirror
BMW Group to Invest Over $1 Billion in Austrian Steyr Plant by 2030
20 Jun 2022, 15:15 UTC · By: Ancuta Iosub / The company will expand the plant's production area by 14.8 acres (60,000 square meters) and will increase annual capacity to over 600,000 e-drive units
2022 Kia EV6 Adds Another Notch to Its Belt, Wins Interiors and User-Experience Award
20 Jun 2022, 06:49 UTC · By: Ancuta Iosub / The Wards 10 Best Interiors & UX award recognizes the company’s efforts to create a cutting-edge interior design with immersive user experience
Digital License Plates Now Available for Registered Vehicles in Michigan
13 Jun 2022, 12:25 UTC · By: Ancuta Iosub / Reviver's digital license plates will be controlled via a smartphone app allowing owners to personalize the banner message and report the car stolen
Lotus Thinks Big, Aims High; Wants to Produce 100,000 Cars by 2028
19 May 2022, 07:12 UTC · By: Ancuta Iosub / Sports car manufacturer Lotus explores stock marketing listing to raise capital for global expansion; it delves into electric vehicles
EV Battery Production Costs Estimated to Rise 22% in the Next Four Years
18 May 2022, 16:33 UTC · By: Ancuta Iosub / The EV battery cells prices are predicted to rise from 2023 to 2026 and peak at $138 per kilowatt-hour due to raw materials shortage
The Chip Shortage Will Be Over but the World Would Be a Whole Lot Different by Then
21 Feb 2022, 09:09 UTC · By: Cristian Agatie / Almost one in three Americans consider giving up owning a car in the near future and choose alternative transportation means instead
Code Red for German Auto Industry, Sees Prices Jump to 50 Year Highs
20 Oct 2021, 19:05 UTC · By: Benny Kirk / The complexity of the situation stated above goes far beyond German borders. But with the chaos surrounding the transition to a new government
China Fights Back on Pollution: 5 Million Older Vehicles Off The Road
27 May 2014, 08:50 UTC · By: Ionut Ungureanu / China’s government has recently announced big plans to reduce the massive pollution the country is struggling with. 5 million older vehicles will be taken off the road this year, after the wor...
One in Three Japanese EV Owners Would Reconsider Their Purchase
25 Mar 2013, 09:46 UTC · By: Gabriel Brindusescu / When it comes to technology, we know that the Japanese are the leaders in producing and using electronic gadgets, entertainment and home appliance devices. Having this in mind, we would consider tha...
Porsche Tops 2011 Sales Record
13 Dec 2012, 12:11 UTC · By: Mihnea Radu / German luxury automaker Porsche has surpassed last year’s sales record with time to spare. So far this year, they’ve delivered 128,978 new cars to customers around the world in just 11 m...
Dacia Exported 80,000 Cars in Q1
28 Apr 2010, 12:11 UTC · By: Dan Mihalascu / The Romanian automobile manufacturer exported 80,000 units in the first quarter of 2010, according to Dacia General Manager Jerome Olive. He told journalists who attended a press conference on Tuesd...
JD Power Forecasts a 55 Percent Market Growth in China by 2015
22 Apr 2010, 14:57 UTC · By: Dan Mihalascu / Sales of passenger vehicles in China, including passenger cars, SUVs and minivans, are expected to rise from 8.7 million units in 2009 to 13.55 million units in 2015. This means an increase of more ...
Car Industry's 2010 Face Off...
10 Mar 2010, 08:47 UTC · By: Alex Oagana / ... If 2009 was the year of thundering bankruptcies and an almost total collapse of the American car industry - while the Japanese more or less flourished - 2010 seems to be the exact opposite. Gene...
UK Sales Increase Thanks to Scrappage
5 Nov 2009, 11:58 UTC · By: Alex Vasile / The UK joined all the other Western European countries in reporting sales growth in the new car sector for October. The sales rose an annual 31.6 percent in October, mostly helped by a government in...
Spain: Subsidies to Live On, Govt. Grants 40M Euro
26 Oct 2009, 08:35 UTC · By: Bogdan Popa / The Spanish government has decided to extend the subsidies programme in the country by granting 40 million euro to the scheme which, according to local officials, would support the acquisition of 80...
US Automotive Aid Displeases France
27 Feb 2009, 15:49 UTC · By: Daniel Patrascu / As the economic crisis rages on, there is not a single car manufacturer on the planet that can escape its grip. We have all seen ever decreasing sales reports, massive job cuts and plant closures. M...