Industry News
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
Polestar has initiated production of its Polestar 3 SUV at Volvo’s US plant in South Carolina, a strategic move to circumvent hefty tariffs imposed on Chinese-made vehicles by the US and Europe. The Swedish electric...
By DCB Editorial
August 19, 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
No automotive company is immune to fluctuating sales; it’s part of the business. However, in recent years, BMW has relied on China as a stabilizing force to mitigate slow sales cycles. This reliance has now...
By DCB Editorial
August 5, 2024
I cannot recall a time when a well-established high-end German manufacturer declared bankruptcy; it is indeed a rare occurrence. However, that rare occurrence has now befallen Recaro Automotive, a manufacturer of high-end sports seats favoured...
By DCB Editorial
July 31, 2024
The old adage that “what goes up must come down” doesn’t always hold true. Sometimes, gravity plays unusual tricks on the mind’s eye. In the world of Lamborghini, their accountants must forgo Newton’s laws of...
By DCB Editorial
July 29, 2024