Stellantis expects that the company’s electric vehicle sales next year will be far higher than the “minimum level required to meet the EU’s stricter CO2 emission targets.” Stellantis Chief Financial Officer Doug Ostermann said that this confidence is based on market demand for the company’s new electric vehicles. Doug Ostermann said at the Goldman Sachs […]
CYVN Holdings, an Abu Dhabi-based investment company, has finalized a deal to acquire McLaren’s sports car business from Bahrain’s sovereign wealth fund Mumtalakat Holding. The Abu Dhabi government said in a statement that the deal also gives CYVN a non-controlling stake in McLaren’s racing business. The two parties are reported to have signed the deal […]
According to Reuters, sources revealed that American electric vehicle manufacturer Tesla has begun to find the site selection in the Show Hall in New Delhi, India, indicating that Tesla is re -considered entering the Indian market. Sources said that at present, Tesla is […]
Before the fourth round of negotiations began, ARNE Meiswinkel, the chief negotiator of Volkswagen Group, said, “We need to continue to reduce costs and reduce production capacity.” After more than 7 hours of negotiations, Arne Meiswinkel said: “Obviously, after passing, after passing, after passing Today’s negotiations are far from the solution. […]
According to Bloomberg, Diego Camargo, CEO of the BMW Group Mexico, predicts that due to the weak exchange rate of “Biso exchanged for the US dollar”, and due to the potential tariff measures of the next President Donald Trump or exacerbating trade tensions, the Mexican economy Growth or […]
According to foreign media reports, registered data released by the Japan Automobile Industry Association (Japan Automobile Manufacturers Association) shows that following September and October this year, in November this year, the sales of new domestic cars in Japan declined again, from 411,089 vehicles in the same period last […]