Stellantis NV reported on Thursday a global shipment total of 1.395 million units in the fourth quarter of 2024, marking a 9% year-over-year decline but showing improvement from a 20% drop in Q3.The company attributed the rebound to completed inventory reduction efforts in the US and new...
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...
The US National Highway Traffic Safety Administration (NHTSA) announced on Monday that it is investigating 112,567 Ford SUVs following complaints about faulty seat belt retractors.The incident is related to retractors deployed unexpectedly, causing the belts to tighten and lock into place with a loud...
Toyota Motor Corp is recalling over 42,000 US cars due to problems with the power brake assist, the National Highway Traffic Safety Administration said on Friday.According to the report, the agency has detected a software glitch in the electronic control unit that manages the car during skidding, which...
Former United States President Donald Trump said during a town hall event in Michigan that only "consequential" presidents face assassination attempts.
"And then you wonder why I get shot at," he stated after saying that he plans to implement a 200% tariff on Chinese vehicles produced in...
JD Power and GlobalData said on Thursday that new car sales in the United States are expected to rise 4.2% to 1,437,954 in August year over year.According to the joint report, sales are projected to remain flat at 15.3 million units on a seasonally adjusted annualized rate (SAAR)...
China's vehicle wholesales reached 2.55 million units in June, a decrease of 2.7% year-on-year, according to the China Association of Automobile Manufacturers (CAAM) on Wednesday.Despite the annual drop, month-on-month sales rose by 5.6%. From January to June, total vehicle sales in China...
The Volkswagen Group announced on Tuesday that its sales in the United States branch for the second quarter of fiscal 2024, surged by 31% compared to the same period a year earlier.The units of total vehicles that were sold reached 100,612 units, compared to 76,934 from the same period in 2023....
China Passenger Car Association (CPCA) unveiled on Wednesday that Tesla delivered 62,167 vehicles in April.However, the association also revealed that BYD Co. led substantially in the same month, with a staggering 312,048 vehicles delivered. Chana stood in third place with 51,682 vehicles delivered,...
US President Joe Biden announced on Thursday a series of actions aimed at addressing the potential threats posed by foreign, especially Chinese, "connected" vehicles, the president said in a statement published by the White House.
"I have directed my Secretary of Commerce to conduct an...
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