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...

Tesla has implemented significant price reductions across key markets such as the U.S., Europe, and China, as a strategic response to diminishing sales figures and an overabundance of inventory. Notably, Tesla’s official website indicates a...

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...

Toyota, the self styled world’s largest car manufacturer, experienced a setback in sales across crucial markets such as China and its home base of Japan. Globally, new car sales dipped by 7 percent during the...