Etiqueta: VW

VW, BMW and Mercedes will unveil new EVs and concept cars in an effort to recapture relevance in the world’s largest and most volatile auto market.

The “In China, for China” strategy of the Volkswagen brand is taking on visible form: At this year’s Auto Shanghai (April 23 to May 2), one of the world’s most important motor shows, VW’s three Chinese joint ventures will present electric concept cars. The spotlight is on an electric notchback model from FAW-Volkswagen, an electric SUV in the B segment with extended range due to range-extender technology (EREV) from SAIC VOLKSWAGEN as well as an all-electric SUV from Volkswagen Anhui. All three concept cars embody Volkswagen’s new China DNA – both in terms of technology and design and in relation to development time, which has been cut by more than 30 percent.

[Updated April 23] This week’s announcement by the US Trump administration of tariffs on global imports is more wide-ranging that Trump 1.0 and ’tariff stacking’ could mean vehicle makers and parts suppliers face much higher costs.

It’s the closest race the electric vehicle market has ever seen. In 2024, Tesla held on to its crown as the world’s leading battery electric vehicle (BEV) brand—but just barely. With 1.789.226 units sold, Tesla outpaced China’s BYD by a razor-thin margin of only 24.234 vehicles. That’s a 1% drop…

US tariffs are failing to halt the rise of cars from the Asian giant, especially in emerging markets, and could even accelerate it

Hyundai (HYMTF) is planning to expand in the US, with the automaker set to spend about $21 billion in the US through 2028. Additionally, shares of Chinese automaker BYD (BYDDY) jumped as the company reported better-than-expected earnings results, beating Tesla's (TSLA) full-year 2024 sales. Yahoo Finance Senior Reporter Pras Subramanian joins Market Domination hosts Julie Hyman and Josh Lipton to discuss Hyundai's expansion, BYD's earnings, and declining Tesla sales in Europe. To watch more expert insights and analysis on the latest market action, check out more Market Domination here.

BYD boss Stella Li confirms a new name for small electric car that should cost under £20,000

Tesla's competitors in China disclosed a slew of updates on Tuesday, once again signaling that competition on the mainland is fierce for the EV juggernaut and the Chinese upstarts.

The top three cars in the world in each of six categories were announced by the World Car Awards. Here's the rundown of the final heat before the April 16th reveal.

The group sold more currywurst units than cars as profits after tax fell 30 per cent