Tesla CEO Elon Musk’s impromptu visit to Beijing this past Sunday, where he engaged in discussions with Premier Li Qiang and remained in China for less than 24 hours, concluded with a significant development on...

Toyota has reported record-breaking global sales and production figures for the fiscal year ending March 31. This remarkable achievement has been attributed to robust demand and the alleviation of semiconductor supply constraints that have plagued...

In early 2023, Jozef Kaban was dismissed by Volkswagen and succeeded by Bentley designer Andreas Mindt after failing to meet the expectations of VW’s CEO. Today he has been poached by MG Motors, MG who...

In business, having a target to aim for is always considered best practice. However, Lotus may be overly optimistic in targeting 150,000 annual sales by 2028. Prior to 2024, Lotus’s best year was 2005 when...

In a recent media interview, Volkswagen CEO Oliver Blume acknowledged the company’s challenges in maintaining its position at the forefront of electric vehicle sales in China, citing intensifying competition from Chinese EV makers who are...

In the first quarter, of 2024, Tesla experienced an 8.5 percent drop in global deliveries, totalling 386,810 vehicles. The decline can be attributed to heightened competition and a decrease in demand for electric vehicles in...