Industry News
Bankrupt Fisker has petitioned a bankruptcy judge overseeing its Chapter 11 proceedings to authorize the sale of more than 3,000 Ocean electric SUVs from its inventory at approximately $14,000 per vehicle to a vehicle-leasing company....
By DCB Editorial
July 5, 2024
MG and Nio are considering raising prices for their China-manufactured cars in Europe following the European Union’s confirmation of tariffs on imported Chinese EVs. Meanwhile, Renault’s budget Dacia brand has declared it will not increase...
By DCB Editorial
July 5, 2024
Mercedes-Benz, known for its sustainability rhetoric and debatable Eco Warrior stance, is shifting its focus away from EVs and back to bolstering and preserving its current range of internal combustion engine (ICE) and hybrid powertrains....
By DCB Editorial
July 1, 2024
They are corporate, sterile, strategically monolithic, and they are the Sterile Corporate Monolith Stellantis—a tax-avoiding conglomerate, treading water and gasping for air in a struggle to stay afloat. Now, this sterile corporation has added a...
By Chris Ward
June 25, 2024
According to a recent automotive research study, software-defined vehicles, advancements in battery and charging technology, and improved reuse and recycling of components could collectively generate over $660 billion in revenue for the auto industry by...
By DCB Editorial
June 24, 2024
Arnd Franz, CEO of Mahle, the German car parts manufacturer, has criticized Europe’s recent shift away from the internal combustion engine, calling it a “mistake.” Despite this stance, he emphasized the urgent need to accelerate...
By Alberto Frammartino
June 20, 2024