March 04, 2024
The electric car manufacturer Fisker warns in its latest annual report that it may be unable to continue operations. The current resources are not sufficient to cover the next twelve months. Such warnings occur from time to time and do not necessarily result in the insolvency of a company. In this way, Fisker’s management draws […]
March 04, 2024
In February, 43,723 cars were registered in Belgium and Luxembourg, 9.6% more than in February 2023. The rise can be attributed to more individual buyers, which is noticeable, given that there was no traditional motor show this year. The registrations for individual buyers increased by 12.9%, representing 41.7% of total registrations, while they were 37.6% […]
February 29, 2024
Aston Martin is postponing the market launch of its first electric car by one year, citing low customer demand. Instead of 2025, as previously planned, the first BEV from Aston Martin will not be launched until 2026. Aston Martin signed a supply agreement for electric drives with Lucid Motors last year in order to facilitate […]
February 29, 2024
Volvo Cars’ connected safety technology can now alert drivers of accidents ahead. You’re driving down a winding country road. It’s impossible to see beyond the bends in front of you. Suddenly, your Volvo car alerts you: there’s been an accident ahead, just around the bend. “With our new ‘Accident Ahead Alert’, we introduce another pioneering […]
February 29, 2024
The Italian government has approached the booming Chinese car manufacturer BYD to build a car plant in the country and confirmed having contact with Tesla and other carmakers. The Meloni government wants to halt the monopoly of Stellantis in that field and has contacted several other manufacturers to come and produce in Italy. “Several carmakers […]
February 28, 2024
European automakers could collaborate to share development and production costs, suggests Renault Group CEO Luca de Meo. At the considerably smaller Geneva International Motor Show, the Renault Group was one of the highlights, besides the Chinese manufacturers BYD and SAIC), presenting its all-important new electric R5. Europe’s automakers, facing a stiff challenge from Chinese automakers […]
February 27, 2024
After Swiss and Swedish customers had already the opportunity to order a Cadillac Lyriq electric SUV online in October, GM’s luxury brand will launch the car in France on the 23rd of March. Deliveries will begin in the first half of 2024. Germany and the UK are following a little bit later. After years of losses, […]
February 27, 2024
Ayvens, the result of the merger between ALD Automotive and Leaseplan, has concluded a framework agreement with Stellantis to purchase up to half a million vehicles by 2026. The deal with Ayvens includes several Stellantis brands and cars with different drives, including electric. First significant delivery volumes are expected to begin in the first half […]
February 26, 2024
Fiat has previewed the new electric Panda as one of five radically styled concepts that look ahead to a range of new affordable cars due on sale worldwide by the end of the decade. Fiat’s new concepts have been revealed on the eve of the Geneva Motor Show, from which the Italian brand will be […]
February 26, 2024
Volvo Cars will reduce its stake in Polestar to 18%. To this end, the Swedish firm aims to sell shares worth 9.5 billion crowns (± €850 million) to its shareholders. In other words, first and foremost, it is to the mother company, Geely. The transaction is scheduled to be finalized this spring. The fact that […]
February 26, 2024
The new Renault Scenic E-Tech Electric has been proclaimed the Car of the Year 2024 in a ceremony that took place at the Geneva International Motor Show (GIMS). The Renault Scenic E-Tech has achieved first place thanks to 329 points from 58 journalists and COTY members. For 22 jurors, this SUV was the best of […]
February 23, 2024
Mercedes-Benz is lagging behind its target for EV sales and seems to have axed its electric target for 2030. Instead of the 20% or more envisaged, battery-electric cars only accounted for 12% of total sales last year. Mercedes sold 240,668 BEVs in 2023. That’s a 73% growth and can be seen as very positive. Still, […]
February 22, 2024
The German Traffic Authority KBA (Kraftfahrt Bundesamt) has discovered that the emissions of toxic gases by some BMW diesel cars have been manipulated by illegal software. According to BMW, 33,000 X3 cars from 2014 or earlier are probably concerned in Germany alone; estimates for the EU are 100,000 to 150,000 in total. BMW says it […]
February 22, 2024
According to the data of the European Car Manufacturers Association ACEA, the EU new car market in January 2024 rebounded from the slowdown experienced in December 2023, with year-on-year car registrations increasing by 12.1% to 851,690 units. Notably, the bloc’s major markets all saw significant growth, with Germany (+19.1%), Italy (+10.6%), France (+9.2%) and Spain […]
February 21, 2024
As already mentioned in our article on Renault’s growth, Dacia now launches a new edition of its Spring electric model. The compact electric car, which looks like a small city SUV, is facelifted inside and out. Along with its 2023 sales figures, the Renault Group announced that there will be a new edition of the […]
February 21, 2024
The sporty brother of the upcoming fully electric Renault 5 is undergoing its last test stages in arctic conditions. The launch of the first Alpine EV is foreseen for June 2024. “Our A290, the future compact B-segment electric sports car, is currently being tested in the extreme and demanding conditions of Sweden’s Lapland,” says Philippe […]
February 19, 2024
The CEOs of U.S. automakers Ford and General Motors said last week they would consider partnerships to cut electric vehicle technology costs as Chinese rivals move into the U.S. and European markets. “If there are ways that we can partner with others, especially on technologies that are not consumer-facing, and be more efficient with R&D […]
February 19, 2024
Just 17% of electric cars sold in Europe are compact vehicles in the cheaper B segment, compared to 37% of new combustion engines, a new analysis finds. Carmakers are slowing EV adoption by prioritizing sales of larger, more expensive electric cars, according to Transport & Environment (T&E), which conducted the research. According to the report, […]
February 19, 2024
For the fiscal year 2023, car manufacturer Stellantis Group recorded a net profit of € 18.63 billion (+11%) compared to last year’s € 16.78 billion. Net revenues were € 189.54 billion, up from last year’s € 179.59 billion, with consolidated shipment volumes increasing 7%. The adjusted operating income increased 1% to € 24.34 billion from […]
February 16, 2024
After appointing several top management positions, Audi CEO Gernot Döllner is also installing a new head of the design department. JLR’s current chief designer, Massimo Frascella, will replace Marc Lichte as Chief Designer on June 1st, although Lichte will remain with the Group. Frascella (52) has held senior positions at JLR since 2011, most recently […]
February 16, 2024
More than ten years ago, BMW shook the car world with its first i-cars, the i3 and the i8. In 2019, it showed a concept for a successor of the PHEV i8 sports car called Vision M Next. The canceled production version of this car, called I16, has now been revealed by BMW’s chief designer, […]
February 15, 2024
Renault is doing well again these days. Its turnover has grown by 17,9% to €52.5 billion, with a net benefit of €2.3 billion. Its free cash flow has turned around €3 billion now and has grown by €905 million last year. More interestingly, the operational margin has increased to 7,9%, a record figure for the […]
February 15, 2024
On Wednesday, the revived Lancia brand launched its first car of the new era, a successor to the current Ypsilon that will be available as a pure electric car or (somewhat later) as a hybrid. It starts with a limited series of 1,906 cars (the founding date of Lancia) designed in collaboration with the famous […]
February 14, 2024
Today, the resurrected Italian car brand Lancia launches the first car in its new product portfolio, the successor to the current Ypsilon. We presented the car in another article and talked to Lancia’s brand CEO, Luca Napolitano. Napolitano studied Business Administration in Rome and began his automotive career at Ford. In 2000, he started working […]
February 14, 2024
Stellantis will manufacture electric drives at its Hungarian plant in Szentgotthárd. The car manufacturing group will also use Tesla’s fast-charging system NACS in North America. The Stellantis Group will invest some 100 million euros in equipping its Hungarian factory accordingly. The first Electric Drive Modules made in Hungary will roll off the production line at […]
February 14, 2024
On Tuesday, Toyota Motor Corp. said that the president of its small-car manufacturing unit, Daihatsu Motor Co., will step down over a safety testing scandal. The parent company will send new executives to take the lead in revamping the unit to bolster its governance. Masahiro Inoue, chief of Toyota’s operations in Latin America and the […]
February 13, 2024
A few months ago, Volvo Cars announced that it would withdraw its interests in its sister company, Polestar. Today, Volvo confirms that it won’t be the major investor in Polestar anymore, but a total withdrawal seems out of the question. In an interview with the German newspaper Handelsblatt, Volvo CEO Jim Rowan (59) declared: “We […]
February 13, 2024
Audi has started preparations at its plant in Györ, Hungary, to produce the new generation of electric drives called MEBeco for the Volkswagen Group’s small electric cars announced in 2025. According to Audi Hungaria, the first systems for this have arrived, and the planning of the production lines is underway. Audi had already confirmed in […]
February 12, 2024
Abarth unveils the first picture of the pure electric New Abarth 600e as it undergoes its final tests while making its public debut. The New Abarth 600e – in its Scorpionissima launch edition – appeared for the first time in public last Thursday at the shooting of a new commercial in Milan, Italy. The new […]
February 12, 2024
Regarding the roll-out of electric vehicles, JLR is stepping on the brakes or is at least recuperating energy. The carmaker also announced launching more plug-in hybrids, saying the demand for pure EVs has cooled down. The announcement is quite surprising as it comes when the company is seeing strong interest in the first electric Range […]
February 09, 2024
Volvo Cars is building a new center for mobility innovations in Torslanda near Gothenburg. With this facility, Volvo wants to take new technologies out of the laboratory environment and test them in a realistic way. Volvo describes the new center, ‘ Mobility Innovation Destination Torslanda’, as a tailor-made test field for automotive development near the […]
February 09, 2024
As the German magazine Automobilwoche reports, Audi will focus more on software in future vehicle development. Döllner wants to set up a ‘Software Defined Vehicle’ hub to focus on new vehicle concepts across the Group’s brands. Volkswagen and the much-criticized VW software subsidiary Cariad will also participate in the hub. That means other Group brands […]
February 07, 2024
After announcing the Touring version at the new 5 Series sedan presentation and sending teaser images, BMW has officially revealed its estate version. Meanwhile, spy pictures had already leaked from a studio shoot. Now, BMW comes with the full story of the car. A flexible drive architecture allows model variants with gasoline and diesel engines, […]
February 07, 2024
Toyota Motor Corp. said Tuesday it will invest $1.3 billion in its Kentucky factory in the United States. The investment is part of the preparation to begin producing its first electric vehicles in the country in 2025. Meanwhile, the world’s number-one car manufacturer expects record net profit even as quality scandals bite. The new investment […]
February 07, 2024
On Monday, Stellantis Chairman John Elkann dismissed speculation that the Italian-US-French group plans to merge with Renault. “‘No plans are being examined for Stellantis mergers with other manufacturers,’ Elkann said when asked about the rumors. On Tuesday, he also tried to appease the Italian government about Stellantis’ commitment to Italy. Renault, for its part, said […]
February 07, 2024
This week the first fully electric Volvo EM90 minivans are rolling of the production lines at Geely’s Hangzhou Bay plant in China. Volvo launched its EM90 in November last year, a close brother to the Zeekr 009. It gets a 200-kW electric motor on the rear axle powered by a 116-kWh battery for 738 km […]
February 06, 2024
The car rental giant Hertz freezes its mega-deal with Polestar. After deciding to sell off one-third of its existing EV fleet (mostly Teslas) in January, the company now puts a temporary hold on the agreement to purchase 65 000 Polestar 2 vehicles. That’s another big blow for Geely’s daughter Polestar, which recently announced the dismissal […]
February 05, 2024
The German electric vehicle developer ElectricBrands has filed for insolvency under self-administration and aims to “completely reorganize the company”. The company, based in Eppertshausen, says it is about to launch its lightweight electric vehicles on the market. ElectricBrands states that it has filed an application for insolvency under self-administration with the Darmstadt Local Court and […]
February 05, 2024
According to the specialized German magazine Automobilwoche, there’s a possibility that the Audi plant in Brussels will be closed. In a worldwide restructuring of the VW Group factories (including those of premium daughter Audi), no new car would be allocated anymore to Brussels. Hence, the closing of the factory after 2027. Automobilwoche states that Audi […]
February 02, 2024
The car market in Belgium and Luxembourg starts the same way it ended last year: in January 2024, 46,667 new cars were registered, which is 17.1% more than in the same month last year. These are deliveries of cars ordered last year, so it’s too early to see an influence of the ‘salon conditions’ almost […]
February 01, 2024
Industry data show that in 2023, China became the world’s biggest car exporter for the first time, dethroning Japan with overseas solid sales of electric vehicles. Data from a Japanese trade organization, released Wednesday, showed the country’s car exports in 2023 rose 16% from a year earlier to 4,42 million vehicles, falling behind China, which […]
February 01, 2024
A new study by the International Council on Clean Transportation (ICCT) indicates that the gap between real-world and official CO2 emission and fuel consumption values of new combustion engine cars increased from 8% to 14% between 2018 and 2022. The average gap, or divergence, between the official and real-world fuel consumption and CO2 emission values […]
February 01, 2024
Worldwide, the Chinese Geely daughter Polestar will cut 450 jobs or 15% of its current workforce. Lower demand for its cars and a very competitive environment (Chinese manufacturers, Tesla lowering its prices regularly) forced the EV manufacturer to react. Meanwhile, Geely’s sister Volvo Cars, with 48% a critical Polestar shareholder, will stop funding Polestar and […]
January 31, 2024
Confident in the quality of its products, Peugeot offers customers of the new e-3008 ‘Peugeot Allure Care’”, a program that guarantees peace of mind by covering the electric motor, charger, powertrain, and the main electrical and mechanical components for up to 8 years/160 000 km. At the second E-Lion Day, the Stellantis daughter also promised […]
January 31, 2024
The fully electric BMW i5 sedan and BMW iX2 SUV Coupé will each be available with an additional drive system variant from March 2024. The drive system offerings for the BMW X2 and BMW XM have also been expanded. New features in the area of digital services will also be introduced in spring 2024. These […]
January 31, 2024
Various sources reveal that Isuzu Motors will invest nearly two billion dollars into electric trucks and batteries. News reached us over an order with LG worth one trillion won. There is also talk of a new EV pickup truck from Thailand. The Korean battery specialist LG Energy Solution will supply Isuzu Motors with cylindrical cells […]
January 30, 2024
Toyota Motor Corp. said today its group sold more cars than any other automaker in 2023, maintaining its lead for the fourth consecutive year as it ramped up production amid an easing chip shortage. The automaker sold a record 11.23 million vehicles globally last year, including those produced by the group’s mini-vehicle maker, Daihatsu Motor […]
January 30, 2024
Renault Group has announced that it has canceled the initial public offering (IPO) of its electric division, Ampere. This is a major strategic turnaround for the group and a sign of the EV sector’s difficulties in attracting investors. Renault justifies the decision in its statement by pointing out that “the current market conditions are not […]
January 29, 2024
Organizing photoshoots for imminent car launches without giving away the looks becomes more complex every day. After the recent leak of the new Lancia Ypsilon pics, the website car scoops got pictures of the announced BMW 5 Series Touring, scheduled to follow its sedan brother this year into the market. The Touring version of the […]
January 26, 2024
Porsche has (finally) unveiled its first electric SUV. After a couple of years of delay, the carmaker has high hopes for its second electric model after the Taycan. After all, the Macan is not only Porsche’s best-selling model, but with the new Premium Platform Electric, it is also a trailblazer for the upcoming electric models. […]
January 25, 2024
“Despite lofty ambitions and strict requirements, most passenger cars on EU roads still emit the same quantity of CO2 as 12 years ago,” the European Court of Auditors (ECA) said in a statement. A top EU auditor reported on Wednesday that sales of electric cars in the European Union are not growing fast enough to […]
January 25, 2024
Through the inadvertence of people working for the car manufacturer’s official web channels, ‘official’ pictures of the production version of the Wagoneer S EV already leaked long before Jeep was ready to show them to us. Jeep had already teased its first-ever EV for the American market last week, but the short video only really […]
January 24, 2024
The iconic Golf is celebrating its 50th birthday this year, and Volkswagen is launching an enhanced version of its bestseller to mark the anniversary. To date, more than 37 million Golfs have been sold across eight generations. The updated Golf has a next-generation infotainment system, a more intuitive operating concept, a sharper front and rear […]
January 24, 2024
Toyota Chairman and former CEO Akio Toyoda believes battery-electric vehicles will have a maximum market share of 30%, with the rest taken up by hybrids, hydrogen fuel cells, and ICE cars. “With a billion people in the world living without electricity, limiting their choices and ability to travel by making expensive cars isn’t the answer,” […]
January 23, 2024
Stellantis has fully unveiled its STLA Large platform. Designed for large electric vehicles, it forms the basis for future cars in the D and E segments for the global markets. However, it is not a purely electric platform, which has a reason. This will be a pivotal year for the strictness of emissions regulations with […]
January 23, 2024
With the ‘Neue Klasse’ or ‘New Class,’ BMW will launch a new vehicle architecture for the electric future in 2025. The Munich-based company has a tight model schedule: six model series are to use the New Class base within two years. More details have become available. BMW already confirmed in March 2023 that six model […]
January 23, 2024
“The growing demand for key materials can increasingly be met by technological advances, battery recycling, and global cooperation,” said Chinese battery giant CATL’s CEO Robin Zeng, attending the World Economic Forum annual meeting in Davos. “At the end of the day, when we achieve 100% electric cars, there will be a very tiny amount of […]
January 22, 2024
European Car Manufacturers Association ACEA published the sales figures in Europe last year. In 2023, the EU car market concluded with a solid 13,9% expansion compared to 2022, reaching a full-year volume of 10,5 million units. All EU markets grew in the past year except for Hungary (-3,4%). Double-digit gains were recorded in most markets, […]
January 19, 2024
Starting in January 2024, Valorauto, a joint venture between Stellantis and recycling specialist Galloo, will expand its end-of-life vehicle recycling service to private owners. This service offers a free and responsible solution to the end-of-life management of vehicles weighing under 3,5 tons, for both passenger cars and light commercial vehicles (LCVs), regardless of the brand […]
January 18, 2024
After four years of decline, the sales of Renault group are going upwards again (+9%). In 2023, the group sold 2 235 000 vehicles worldwide. Sales to individual buyers represent 65% of total sales in the five most important European markets. In a press release on Wednesday, the Group says to be “in a dynamic […]
