carmaker

Report: German carmaker VW to sell plant in China’s Nanjing
December 7, 2024
The lettering of the Volkswagen Group in China can be seen on the facade of a building. VW has sold its controversial plant in Xinjiang, which the Wolfsburg-based company...
Nissan CFO set to step down as carmaker faces raft of challenges
December 1, 2024
NISSAN Motor chief financial officer Stephen Ma is set to step down from his position, sources with knowledge of the matter said, marking yet another executive change at a...
Chinese electric carmaker BYD sees EV Mexico sales ramping up to 100,000 in 2025
October 8, 2024
CHINESE electric automaker BYD expects to sell 50,000 electric vehicles (EVs) in Mexico this year, and then 100,000 in 2025, the company’s Mexican head Jorge Vallejo said on Tuesday...
Volkswagen’s second profit warning exposes a carmaker in decline
September 30, 2024
VOLKSWAGEN’s (VW) second profit warning in three months makes one thing clear: Europe’s biggest automaker is in decline.The German manufacturer on Friday (Sep 27) slashed expectations for revenue, profit...
Volvo becomes latest carmaker to scale back electric ambitions, eases goal to at least 90% by 2030
September 4, 2024
FRANKFURT, Germany (AP) — Sweden-based Volvo Cars has eased off on its pledge to stop selling cars with internal combustion motors by 2030, saying slow rollout of places to...