Industry News
Toyota is gearing up for a significant expansion of next-generation electric vehicles as it prepares to scale up the production of next-generation electric vehicles in Japan for global distribution. The company is acquiring full ownership...
By DCB Editorial
March 11, 2024
According to industry rumours, Last week, Nissan entered into advanced negotiations to invest in struggling start-up electric vehicle manufacturer Fisker. This potential deal could grant Nissan access to an electric pickup model while extending a...
By Alberto Frammartino
March 4, 2024
Fisker Inc. faces significant challenges as it grapples with a staggering $463 million net loss in Q4, prompting concerns about its future viability. The company is planning to implement a 15% reduction in its workforce...
By DCB Editorial
March 1, 2024
Propelled by robust sales, Honda’s profit surged by more than a third in the latest quarter in North America. The strategic introduction of higher-margin products, including hybrids, was pivotal in bolstering the company’s strategic sales...
By DCB Editorial
February 13, 2024
In January 2024, the Chinese automotive market recorded new car sales of 2.03 million units, according to industry data. This marks a 57.4% increase compared to the previous year, but a 13.9% decrease compared to...
By DCB Editorial
February 12, 2024
Aston Martin presents a conundrum that even the world’s poorest billionaire, Larry the Lawrence Stroll, struggles to solve. It resembles an automotive Humpty Dumpty perched atop its meticulously constructed wall, gazing hopefully towards the horizon....
By DCB Editorial
February 7, 2024