Industry
March saw used car prices jump but oversupply is pushing down used EV values
March continued to see supply outpacing demand for used electric cars, amid a backdrop of rising second-hand car prices and faster selling times. Latest
Best March for new car registrations since 2019 as EVs soar, latest data shows
Last month was the best-performing March since 2019 with new car registrations soaring by 12.4%, latest figures show. Data from the Society of Motor
XPeng opens first dealers in the UK and targets 25 showrooms within next 12 months
Chinese car brand XPeng has opened its first dealerships in the UK in time for deliveries of its new electric G6 SUV. The dealerships in Southampton and
JLR pauses car deliveries to US as it considers how to deal with 25% US tariffs
Jaguar Land Rover (JLR) is to 'pause' the delivery of cars to the US as it examines how to 'address the new trading terms' of president Trump’s tariffs.
Government confirms hybrids to be sold until 2035 while ZEV Mandate fines slashed
Hybrid cars WILL be allowed to be sold until 2035, the government has announced, as part of a package of changes that also includes a reduction in ZEV
Dacia Jogger HYBRID 140
Dacia’s famed fresh thinking and value-for-money approach has already revolutionised the 7-seat family car sector with the introduction of the Dacia Jogger, thanks to its unrivalled versatility that blends the practicality of an estate car with the spacio...
Ford's U.S. sales soar 11.2% in May, powered by hybrids, trucks, and even EVs
Ford reported May U.S. auto sales that jumped considerably, once again powered by hybrid vehicle and truck sales.
Volvo Cars' May sales rise 13%, boosted by electric vehicles
Volvo Cars' sales rose to 68,034 cars in May, up 13% from a year earlier, buoyed by a 27% jump in Europe and a strong performance by its fully electric EX30. EVs and PHEVs were half of all global sales.
Mercedes chief expects EU decision on Chinese EVs tariffs soon
German automakers await an EU decision on new import tariffs on cars from China. Their largest market could retaliate.
General Motors announces $6 billion share buyback plan
GM announced a new $6 billion share buyback plan a month after the automaker raised its dividend on upbeat annual forecast, citing stable prices and demand for gasoline-engine vehicles.
Rivian losses grow to $1.5 billion in Q1
Rivian lost $1.45 billion in the first quarter though its plans for consolidating production in Illinois remain on track.
RIP Chevy Malibu; BMW passes on pickups; EV business breakdowns | Autoblog Podcast #831
Plus 2024 Porsche 911 Carrera T and Kia EV9 reviews
Nissan reports 92% jump in profit as sales surge
TOKYO — Nissan’s profit for the fiscal year through March jumped 92% to 426.6 billion yen ($2.7 billion) as sales grew in all major global markets except Ch
Honda ramps up R&D spending, particularly to advance its hybrid edge
Honda will increase R&D spending this financial year by nearly a quarter to boost its competitive edge in hybrid and other electrified vehicles, as it forecast a 2.8% rise in operating profit.
Nissan gives dealers permission to advertise vehicles below invoice price
Nissan gives dealers permission to advertise vehicles below invoice price. The automaker wants to grow sales and profits without resorting to rebates.
Tesla board urges retail investors to back Elon Musk's $56 billion pay deal
Tesla's board is trying to woo its unusually large base of individual investors to endorse Chief Executive Officer Elon Musk’s $56 billion pay package.