Industry News
Nissan plans to lay off 9,000 workers globally and cut production by 20% to counter declining sales in China and the U.S., aiming to streamline operations and reduce costs. While details on job cuts are...
By DCB Editorial
November 12, 2024
Automakers are preparing for significant policy changes under President-elect Donald Trump, including potential tariffs on imported vehicles from Mexico and other regions, as well as the rollback of electric vehicle tax incentivesand emissions standards. These shifts could encourage the production...
By DCB Editorial
November 11, 2024
China has reacted to a trade dispute instigated by the European Union (EU) by filing a complaint with the World Trade Organization (WTO) over the EU’s new tariffs on Chinese electric vehicle (EV) imports. China’s Ministry of Commerce claims these tariffs...
By DCB Editorial
November 5, 2024
BMW CEO Oliver Zipse has urged the EU to reconsider its 2035 ban on new fossil fuel-emitting cars, warning that Europe’s dependence on China’s battery supply chain could harm its automotive manufacturing industry. Zipse believes...
By DCB Editorial
October 21, 2024
Global sales of fully electric vehicles and plug-in hybrid cars surged by 30.5% year-over-year in September, driven by continued growth in the electric vehicle markets of China and Europe. China surpassed its previous EV sales...
By DCB Editorial
October 15, 2024
Porsche has announced plans to relocate production of its Cayman and Boxster models from the Osnabrück plant in Germany to its main facility in Zuffenhausen by Easter 2026. This decision raises concerns about the future...
By DCB Editorial
October 11, 2024