Industry News
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
New tariffs imposed by the European Union in July significantly curtailed the influx of Chinese-made electric vehicles, as the bloc sought to protect its domestic auto industry from intensifying competition. Chinese EV sales across Europe...
By DCB Editorial
August 16, 2024
The quest to develop solid-state batteries for electric vehicles is proving to be a formidable challenge. While Toyota and its partners have emerged as early leaders, the race for commercial viability remains wide open. Solid-state...
By DCB Editorial
August 14, 2024
MG Motor is set to expand its global footprint with the construction of a manufacturing plant and research and development center in Mexico. The move, announced on August 7th, aims to bolster the carmaker’s presence...
By DCB Editorial
August 8, 2024