Industry News
Mercedes-Benz CEO Ola Källenius is calling for a relaxation of European emissions standards, aligning with the stance of industry lobby group ACEA. In an interview with German Med, Källenius argued that stricter regulations could cost the...
By DCB Editorial
September 24, 2024
Mercedes-Benz has revised its financial outlook for the year, attributing the downgrade to a significant decline in its Chinese market, which is crucial for the company. The automaker now expects its main car unit’s returns...
By DCB Editorial
September 23, 2024
An Italian judge has ordered the seizure of nearly €75 million ($84 million) in assets from five individuals, including John Elkann, chairman of Stellantis and Ferrari, along with two of his siblings. The action is...
By DCB Editorial
September 21, 2024
BMW annouced Tuesday a revision to its financial guidance due to a major brake recall affecting over 1.5 million vehicles globally. The automaker revealed that the recall will lead to “additional warranty costs in the...
By DCB Editorial
September 12, 2024
Volkswagen has triggered a labor dispute by canceling several agreements that guaranteed jobs at six German plants until 2029. The move, aimed at reducing costs and improving competitiveness, has raised the specter of layoffs from next year and...
By DCB Editorial
September 11, 2024
As the global electric vehicle (EV) market continues to accelerate, Japanese automakers are somewhat belatedly stepping up their game. Like an Mecha Anime robot, Toyota, Subaru, Mazda, and Nissan have decided to combine forces by...
By DCB Editorial
September 9, 2024