Articles for : automotive industry
SOCIETY
Chinese car brands like MG and BYD face rust concerns in European and global markets
Short summary
Chinese car brands MG and BYD are facing customer complaints about rust and corrosion, raising questions about long-term quality and durability.
United Kingdom
ECONOMY
Le plan fiscal sur les véhicules électriques au Royaume-Uni pourrait coûter 4,8 milliards de livres au Trésor, avertissent les leaders du secteur
Short summary
Une proposition de taxe au kilomètre parcouru sur les véhicules électriques au Royaume-Uni pourrait nuire considérablement à l'économie et coûter des milliards au Trésor, selon les experts du secteur.
ECONOMY
Porsche Sells Stake in Bugatti Rimac to Focus on Core Business Amid Financial Pressures
Short summary
Porsche is selling its stakes in Bugatti Rimac and Rimac Group to a consortium, aiming to cut costs and refocus on its main business amidst financial challenges.
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South Africa
TECHNOLOGY
Toyota Corolla Cross Receives Low Safety Rating in South Africa
Short summary
The Toyota Corolla Cross received a concerning two-star safety rating due to missing standard safety features, raising questions about vehicle standards in South Africa.
United States
ECONOMY
Tesla fait face au doute des investisseurs après que ses revenus ont été inférieurs aux attentes
Short summary
Tesla a dépassé ses objectifs de profit mais n'a pas atteint ses objectifs de revenus. Avec des stocks croissants et une concurrence féroce, les investisseurs s'interrogent sur la croissance future du constructeur de voitures électriques.
United States
ECONOMY
Car companies push new electric cars despite falling sales and lost tax breaks
Short summary
Automakers are launching new electric cars in the US, but sales are down after tax credits ended. Higher gas prices may boost interest, but companies remain committed.
South Africa
TRANSPORT
2026 SA Car of the Year Finalists Announced
Short summary
Eighteen vehicles, including rising Chinese brands, compete for South Africa’s top car honors, with testing beginning in March and winners revealed in May.
China
ECONOMY
BYD Sees Jump in Overseas Sales Despite Domestic Weakness
Short summary
BYD's overseas sales soar 65% amid high oil prices while domestic demand struggles.
UK
ECONOMY
UK Car Production Plummets to 73-Year Low in 2025
Short summary
UK car manufacturing hit its lowest level since 1952, impacted by factory closures, cyberattacks, and trade barriers, but a recovery is predicted.
Canada
ECONOMY
GM CEO Warns Canada’s China EV Deal Risks North American Auto Manufacturing
Short summary
GM’s CEO criticizes Canada’s new EV import deal with China, fearing it undermines North American manufacturing and jobs, while a new chip shortage looms.