Etiqueta: toyota

MUNICH (Reuters) -Chinese car makers are making inroads in Europe and executives say they are in the region to stay, underscoring a key reversal as brands from BYD to SAIC take market share on a continent where they once struggled to make sales. At this week's IAA Mobility car show in Munich, China's auto firms - facing a tough price war at home - were increasingly bullish about their plans for Europe, dominated still by local brands such as Volkswagen and Renault. "Everything we do starts with the needs of European users," said GAC's president of international operations Wei Haigang as the Chinese automaker showed off the Aion V electric SUV that will start sales in Poland, Portugal and Finland this month, and the Aion UT set to go on sale in Europe next year.

BYD looks poised to pull further ahead of Toyota Motor and Tesla in Singapore after the government extended two major electric vehicle incentive programs to push drivers toward cleaner cars. In a joint statement on Monday, the Land Transport Authority and National Environment Agency said the Vehicular Emissions Scheme will now run through the end o...

This new Mercedes-Benz alliance is going to revolutionize the future of engines. The automotive industry is going through a historic transformation having in

There are essentially two different ways a company can account for Research and Development (R&D) spending: as an operating expense that reduces reported net earnings or as a capital expenditure, counted as investing money from net earnings and other sources. One shows up on the income statement, the other shows up on the balance sheet. It might seem like a minor difference, but it can significantly impact financial reporting and how a company approaches R&D.

After a slow start to 2025, Tesla's sales are rocketing ahead, potentially putting it on course to overtake BYD later in the year. By Will Girling

Four Chinese brands have made it to the top 10 of all sales in Australia for the first time.

BYD is expanding its offerings in one of Europe’s fastest growing segments with the Seal 6 DM-i Touring plug-in hybrid station wagon.

Tesla is no longer the world’s top EV seller. A Chinese rival has surged ahead with futuristic cars, eye-watering sales, and global ambitions backed by billions in state support. Yet beneath the glossy image lie hidden debts, recalls, and growing international scrutiny.

BYD is set to end the reign of Tesla's electric vehicle dominance with the release of a brand new model to the European market earlier this month