UK new car registrations grew by 2.6% year-on-year in 2024, reaching 1.95 million units, the Society of Motor Manufacturers and Traders (SMMT) reported on Monday.
While the figures mark a recovery for the auto sector, they fell short of the government's electric vehicle (EV) sales target of...
Fitch Ratings announced on Monday a "neutral" outlook for the global automotive sector in 2025, projecting a 2% increase in light vehicle sales. While growth is expected in some regions, challenges in Europe and China due to macroeconomic pressures will result in uneven gains. Competitive pricing...
Mazda Motor Corporation will recall nearly 70,000 cars in the United States due to a fuel leaks issue which may result in fires, the Associated Press reported on Tuesday.
The vehicles affected are RX-8 sports car models from 2004 to 2008 and the company decided to recall them because there is a...
German car manufacturer Volkswagen (VW) reportedly agreed to settle in the United States by paying $14.7 billion in regard with the emissions scandal involving almost half a million cars distributed in the country. Financial Times reported early on Tuesday the carmaker also accepted to aid and fund...
Japanese carmaker Mitsubishi Motors Corp. announced on Wednesday a new forecast of losses amounting to $1.4 billion for the fiscal year ending March 2017, following a fuel efficiency misconduct earlier this year.
Mitsubishi expects a substantial decrease in global sales while the company...
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