Industry News
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
Volvo Cars has announced it will discontinue its Care by Volvo subscription service in several European markets, including Germany, the Netherlands, Sweden, Norway, and the United Kingdom. Additionally, the automaker plans to phase out the...
By DCB Editorial
September 18, 2024
Toyota, while slower to fully embrace electric vehicles, may become the first major automaker to phase out gasoline-powered cars entirely. With a two-decade commitment to hybrid technology, Toyota is now accelerating its transition to a...
By DCB Editorial
September 17, 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
Mercedes-Benz has announced plans to reduce production of its flagship Mercedes S-Class at its Factory 56 plant in Sindelfingen, Germany. This decision comes in response to a significant decline in demand for the luxury sedan,...
By DCB Editorial
August 27, 2024
Automakers will need to significantly ramp up sales of full-electric and hybrid vehicles to meet the European Union’s 2025 CO2 emissions targets, despite ongoing scepticism about EVs, according to recent industry research. Failure to meet...
By DCB Editorial
August 23, 2024