Finance News – Automotive Sector
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Chinese new car sales on track to return to 2023 growth levels as NEV sales continue to rise
The increase in vehicle sales during early 2025 highlights a strengthening automotive market in China, driven primarily by expanding demand for environmentally friendly transportat...
Read Full Article →European automotive giant Stellantis faces €1.5 billion hit from US tariffs this year
Stellantis is expected to incur substantial financial losses this year as a result of tariffs imposed by the United States on automotive vehicles and components.
Read Full Article →Jaguar Land Rover delays launch of new Range Rover Electric
The postponement of new electric vehicle releases may impact Jaguar Land Rover’s revenue streams and market positioning as the company adjusts production timelines to better align...
Read Full Article →Chinese car brands are rapidly making inroads in Europe's EV utopia
Since 2020, Chinese electric vehicle manufacturers have steadily increased their presence in Norway, now accounting for about one-tenth of the country's EV market, reflecting notab...
Read Full Article →‘The vehicle suddenly accelerated with our baby in it’: the terrifying truth about why Tesla’s cars...
Concerns over Tesla’s repeated accidents and unresolved safety issues have raised doubts among investors, potentially affecting the company’s market value and influencing consumer...
Read Full Article →VinFast inaugurates electric vehicle plant in Hà Tĩnh
The establishment of the new electric vehicle manufacturing facility in Hà Tĩnh is expected to boost local economic development and attract significant investment to the automotive...
Read Full Article →A top Elon Musk lieutenant has left Tesla
The exit of a key executive at Tesla occurs during a period of declining revenue and challenges to the company's reputation, highlighting ongoing financial and operational difficul...
Read Full Article →Chinese carmaker Chery Auto ‘actively considering’ building second UK factory
By potentially establishing a second manufacturing facility in the UK, Chery Auto aims to reduce tariff impacts and strengthen its local presence, which could enhance cost-efficien...
Read Full Article →Shopping for an SUV? The Best Car Deals From Toyota, Honda, and Others Might Surprise You
Purchasing a sport utility vehicle from leading manufacturers like Toyota and Honda can offer unexpected cost savings and value compared to typical market prices.
Read Full Article →Jeep reveals new Cherokee SUV, confirms hybrid model
Jeep’s introduction of the new Cherokee, including a hybrid option, aims to reverse ongoing sales decreases and enhance the brand’s competitiveness in the evolving automotive marke...
Read Full Article →Toyota redesigns America's top-selling RAV4 SUV to exclusively be a hybrid
Shifting the 2026 RAV4 lineup entirely to hybrid and plug-in hybrid models may influence Toyota’s production costs and market competitiveness by aligning with growing demand for fu...
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