Browsing: Carmakers
Struggling Volvo Cars says ‘safety is our superpower’ as EV ambitions dashed by flatlining market
Volvo Cars has a message for skeptical investors as it seeks to rebound from a stock market hammering and stunted…
Porsche Design plans $40 million luxury apartments in Bangkok, where the average salary is $16,000
German luxury carmaker Porsche’s design arm has unveiled its next big project, but rather than unlocking the doors to a…
Rivian CEO says Tesla’s market share is shrinking because the market is ‘saturated’ with the Model Y and Model 3
Tesla’s market share is sinking, and Rivian CEO RJ Scaringe thinks it’s because consumers are disinterested in the lack of…
Elon Musk’s prediction that Chinese carmakers would ‘demolish’ global rivals is coming true as they overtake U.S. competitors
After overtaking their U.S. competitors in sales for the first time, Chinese carmakers are one step closer to fulfilling Tesla…
Toyota’s sterling reputation just took a $15 billion hit after the car giant was found falsifying safety tests
Toyota, the world’s largest automaker, saw its market value plummet last week after Japan’s Transport Ministry found it had falsified…
Smartphone giant Xiaomi is making a new move on Tesla as it aims to begin selling an SUV like the Model Y as early as 2025
Xiaomi Corp. aims to begin making and selling a sport utility vehicle similar to Tesla Inc.’s Model Y as early…
No, combustion engines won’t be supplanted by electric vehicles—and they’re critical for sustainable transport
Today, support for a sustainable future of transport is unanimous, and it is rightfully acknowledged that electric vehicles (EVs) will…
China’s EV competition is so fierce that Volkswagen ‘cannot keep up’ and should avoid ‘utopian expectations,’ says CEO
Competing against Chinese electric vehicles in China is no easy task. Just ask the CEO of Volkswagen. The German automaker…
First-quarter auto sales grew 5.1%, but the industry may have already hit its spring sales peak, top economist warns
New vehicle sales in the U.S. rose 5.1% from January through March, as buyers stayed in the market despite high…
Kia is recalling more than 427,000 of its Telluride SUVs due to a defect that may cause the cars to…