Due to the war in the Middle East, rapidly rising fuel prices in the second quarter sharply increased electric vehicle sales, the International Energy Agency reported on Thursday…
The legendary British car manufacturer “Aston Martin Lagonda” announced on Wednesday that the group’s net loss increased in the second quarter of this year due to higher…
German car manufacturer BMW plans to offer nearly half of its employees in Germany the option to voluntarily leave their jobs, as it aims to lay off 8,000 by the end of next year…
Germany must reduce costs and increase productivity, urged the head of the country’s luxury car manufacturing giant Mercedes-Benz, Ola Kaellenius, on Tuesday (Olia…
German luxury car manufacturer Mercedes-Benz announced on Tuesday a decrease in automotive business profits due to intense competition in China…
German company Volkswagen – Europe’s largest car manufacturer – announced on Friday that its net profit significantly decreased in the second quarter, therefore the company…
In January–June of this year, compared to the same period last year, the number of newly registered cars in the European Union (EU) increased by 5.7%. In addition…
US car manufacturer Ford and Chinese company Geely will establish a joint venture at Ford’s struggling Valencia plant in eastern Spain, where they plan to produce…
French car manufacturing giant Renault announced on Thursday that its global sales had stalled in the first six months of this year, due to reduced Dacia…
In Poland, the electric car market continues to grow rapidly, according to the latest data.