Industry News
Volvo Cars exceeded second-quarter operating earnings expectations but revised down its full-year retail sales forecast due to the impact of European tariffs on Chinese-made electric cars, the automaker stated. The company, owned by China’s Geely,...
By DCB Editorial
July 18, 2024
China’s Hongqi premium brand aims to launch 12 models in Europe over the next five years as part of its broader expansion in the region, targeting markets like France and Germany. The brand known for...
By DCB Editorial
July 16, 2024
New spy photos of a camouflaged BMW Neue Klasse coupe prototype were taken at a German airfield, showing off the car’s new design language with a low and wide illuminated twin-kidney grille. BMW has given...
By Alberto Frammartino
July 15, 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
Volvo Cars will delay the U.S. launch of its EX30 electric crossover by about a year due to recently increased U.S. tariffs on China-made vehicles. Volvo attributed the delay to “changes in the global automotive...
By DCB Editorial
June 27, 2024
Rivian and Volkswagen group are forming a joint 50-50 venture to develop what they refer to as next-generation electrical architectures and software technology. The partnership will focus on Rivian’s integrated software platform and zonal hardware...
By DCB Editorial
June 26, 2024