The automaker will boost production in Zilina to 180,000 in 2027 from an anticipated maximum volume of less than 70,000 next year, Kia CEO Ho Sung Song said.
Germany will relaunch its electric vehicle subsidy program, offering up to €4,000 for EVs priced under €45,000 while extending eligibility to used cars.
BYD is said to favor Spain as the site of its third Europe plant due to its relatively low manufacturing costs and clean energy network.
The upcoming Lexus LS concept is a three-row, pointy-nosed van-styled boxcar with one axle in the front and two in the rear. Still to be determined is whether it will be six-wheel drive.
The government is working on a new industrial strategy that seeks to open new markets for exporters and prioritize domestic procurement in the face of U.S. tariffs.
In Germany, the cheapest Model Y is priced at €39,990 but it faces a crowded field of European and Chinese brands offering EVs below €35,000.
Across the continent, car plants are operating at an average of 55 percent of capacity, according to consultancy AlixPartners.
With the VW Tiguan fresh off a redesign for the 2025 model year, the brand sees the new range-topping SEL R-Line Turbo as a way to stoke more interest in the key compact crossover.
Two Republican U.S. senators accused Ford and General Motors of “bilking the U.S. taxpayer.” The question facing automakers in the still-uncertain global trade environment: How much more can they ...
First Brands said on Oct.13 founder Patrick James had stepped down as CEO and will be succeeded by Chief Restructuring Officer Charles Moore on an interim basis.
Many automakers are digging into their own coffers for big discounts to keep EV inventory moving, and several brands have introduced models with prices more comparable to gasoline vehicles.
Tesla’s lower-cost Model Y and Model 3 trims achieve cost savings through small and large deletions, raising questions about how far is too far.
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