Industry News
Rolls-Royce has announced a £300 million ($376 million) investment to expand its Goodwood plant, focusing on its Bespoke services and the exclusive Coachbuild program, which offers ultra-wealthy clients the opportunity to design fully customized vehicles. The move caters to...
By DCB Editorial
January 8, 2025
Rivian exceeded analysts’ expectations for Q4 deliveries, signalling recovery from a component shortage that had constrained production. The company delivered 14,183 vehicles, a 42% increase from the previous quarter, and produced 12,727 vehicles, both surpassing...
By DCB Editorial
January 3, 2025
The U.K. government has launched an eight-week consultation with automakers to reassess its phaseout plan for new gasoline and diesel cars by 2030, amid concerns about the viability of current electric vehicle (EV) sales quotas....
By DCB Editorial
December 30, 2024
All empires eventually expire, and Sterile Corporate Monolith Stellantis appears to be a lumbering giant—too big to move quickly and too slow to react to changing market forces. Markets are always evolving, which means sales...
By DCB Editorial
December 3, 2024
Bosch, the world’s largest automotive supplier by revenue, plans to cut most of 5,500 jobs, including 3,800 in Germany, citing weak demand for intelligent driver-assistance systems and automated driving solutions. The company attributed the decision...
By DCB Editorial
November 25, 2024
Honda believes it can transform the electric vehicle (EV) market by developing all-solid-state batteries, which promise to double driving range by the late 2020s and increase it by 2.5 times by the 2040s. These advanced batteries,...
By DCB Editorial
November 21, 2024