The EU Commission has opened an investigation into the new car manufacturing plant by the Chinese firm BYD in Hungary. The focus of the probes is drawn by concerns on the possibility of the project having benefitted from subsidies outlawed under the laws of the European Union and hence gave an unfair inclination to the competition. Chinese automaker BYD is...
In a very significant change that is indicative of the current state of affairs in the luxury automotive sector, Maserati has officially abandoned the development of the MC20 Folgore, an electric supercar it was favorable to introduce to the market. As said by the management of the company, the decision-making process was informed by the low market demand for an...
BMW has recently begun ramping up the production of the updated BMW iX at one of its most popular manufacturing plants in Dingolfing, Germany. With the new release of this model as an electric SUV, a number of changes have been implemented with regards to handling, power, energy consumption, and other characteristics. This is an extension of BMW’s continuous development...
As the largest EV manufacturer in the world, BYD is successfully placing its bet in Europe, where tariffs are becoming an increasing concern. The Chinese makers of electric cars are considering establishing a new manufacturing plant in the third continent. Despite new tariffs on Chinese EVs that make BYD's market entry more strenuous, the company aims at further establishing its...
Isuzu Motors Limited, a company based in Japan, is planning to establish a $280 million production unit in South Carolina in what would be considered a strategic shift in its production focus to the North American commercial vehicles market segment. Expected to commence by 2027. The assembly plant will have a potential output of 50,000 automobiles per year, helping to...
Introduction Hyundai, an important player in the automotive industry, seems to be looking back in time to shape its future. Insider reports suggest that they are considering bringing to life the dismissed concept of a retro hydrogen sports car inspired by the N Vision 74. If all goes well, this powerful vehicle could hit the streets as early as 2026...
In the changing world of supermini cars, the Suzuki Swift has entered its fourth generation in Europe bidding, farewell to its seven-year-old predecessor. This brand-new model brings a twist to the Swift and is already making waves in the Japanese market. The anticipated 2024 Suzuki Swift will soon charm car enthusiasts in the United Kingdom starting next spring. Now let's...
