Auto
China auto market hits milestone as EVs, hybrids make up half of July sales
HALF of all vehicles sold in China in July were either new pure electric vehicles (EV) or plug-in hybrids, industry data showed, a milestone that underscores how far the...
China’s Dongfeng in pole position to build an auto plant in Italy: sources
TALKS between the Italian government and China’s Dongfeng Motor Group about building an auto plant in Italy are at an advanced stage, Italian sources close to the matter said...
China woes cut BMW’s auto profit margin in Q2
BMW on Thursday (Aug 1) reported a lower-than-expected profit margin in its core automotive segment during the second quarter, as heightened competition and weaker demand in China weighed on...
How to rein in rising auto insurance rates
EVEN as inflation has eased, car insurance rates are rising by double digits. But drivers have some options for reining in premiums.According to the Bureau of Labour Statistics, auto...
Honda to end vehicle production at one of its Thai auto plants
HONDA Motor will halt vehicle production at its factory in Ayutthaya province in Thailand by 2025 as it plans to consolidate its output under the plant it runs in...
Indonesia’s auto sales slump as savings erode and borrowing costs rise
Carmakers pin hope on fresh incentives to boost sales as economic woes take their toll [JAKARTA] Indonesia’s ambitions to become a key player in the electric vehicle (EV) industry...
Saudi Aramco to buy 10% stake in Renault, Geely auto JV
The transaction is set to value Horse Powertrain at around 7.4 billion euros with Renault and Geely keeping roughly 45 per cent eachSAUDI Aramco is poised to take a...
China’s Chery Auto: EU factory will help mitigate EV tariffs
CHERY Auto, China’s largest automaker by export volume, expects its planned production in Europe to help offset the impact of European Union tariffs on imports of China-made electric vehicles,...
