Porsche sales down 7% in H1, as China slump deepens

9July 2024

Porsche sales down 7% in H1, as China slump deepens

Sales in China fell by 33% and 6% in the U.S. Executives said they believe...

9July 2024

Akio Toyoda’s $10 million compensation broke company record

Toyota Chairman Akio Toyoda collected $10 million in compensation during the 2024 fiscal year. It...

9July 2024

BMW seeks lower import tariffs for China-made electric Mini, report says

Chinese-made electric Minis have only been produced for a few months and were not part...

9July 2024

Mercedes slows battery plant plans amid lower EV demand

The prediction that Mercedes would need 200 GWh in capacity and eight cell factories worldwide...

9July 2024

Automotive News Europe salutes Bence Venczel

The Rising Star for engineering Bence Venczel, who is an engineering site manager at GKN...

9July 2024

Watch Renault industrial chief Franck Naro at the 2024 Automotive News Europe Congress

Franck Naro, the head of Renault Group’s industrial strategy, was a speaker at the 2024...

9July 2024

Stellantis expands lineup of models with 48-volt hybrid system

The low-voltage system, which cuts emissions and fuel economy by up to 20 percent, adds...

9July 2024

$97,000 Camaro brought in for repair but service adviser totaled it on I-95, suit alleges

A customer sued H & L Chevrolet in Darien, Conn., alleging his 2018 Chevrolet Camaro...

8July 2024

Beryl knocks out power to some Houston area car dealerships, prompts CarMax store closures

One dealer said his dealership group was mostly prepared for Beryl, but high winds and...

8July 2024

NASCAR hatches an EV racer prototype. It’s a crossover

NASCAR has long been known for loud engines and muscular race cars. The racing series’...

8July 2024

EV market will be ‘tough’ in the second half, Hyundai’s U.S. chief said

Hyundai generated strong EV sales in the first half, but the automaker is bracing for...

8July 2024

GM dealership sues CDK over business disruption, seeks class-action status

Fowler Buick-GMC of Pearl, Miss., sought to have its lawsuit work on behalf of U.S....

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