The European Commission has imposed millions in terms of millions against 15 car manufacturers due to a cartel in connection with recycling, scrapped vehicles. The VW Group has to pay the highest fine with around 128 million euros, as the Commission announced on Tuesday. Mercedes had disclosed the cartel in Brussels and therefore escapes a… Continue reading German FAZ: EU Commission imposed millions of fines against 15 car manufacturers009100
Tag: GM
Kia India Enters a Phase of Correction, Revenues and Profits fall in FY-24
South Korean car major Kia India has reported its first year-on-year decline in profit and revenue since the COVID-19 pandemic, reflecting the impact of a slowing passenger vehicle market and intensifying competition in the Indian automotive sector. According to the company’s financial filing with the Ministry of Corporate Affairs, for the financial year that ended… Continue reading Kia India Enters a Phase of Correction, Revenues and Profits fall in FY-24
Overall Fleet Sales Rise for First Time Since October 2024
All the gains in fleet sales in March were seen in the rental segment, showing the strongest level of sales for any month in the last three years. Graphic: Bobit Among commercial, rental, and government fleets, March 2025 sales totaled 229,950 vehicles, up 2.3% compared to 224,833 vehicles sold in March 2024, according to Bobit… Continue reading Overall Fleet Sales Rise for First Time Since October 2024
GM reports strong Q1 sales in China, demand for EVs and hybrids surges 53%
General Motors and its joint ventures have sold more than 442,000 units in China in the first quarter of 2025 (January-March), with positive year-on-year sales growth and the third consecutive quarter of sequential gains in market share. Sales of new energy vehicles (NEVs), including both pure battery electric vehicles (BEVs) and plug-in hybrids (PHEVs), surged… Continue reading GM reports strong Q1 sales in China, demand for EVs and hybrids surges 53%
Automakers seek ‘opportunity in the chaos’ of Trump’s tariffs
Trucks are shown from a drone view after clearing U.S. Customs and entering the United States from Tijuana along the U.S. Mexico border at Otay Mesa port in San Diego, California, U.S. April 2, 2025. Mike Blake | Reuters DETROIT — As President Donald Trump‘s 25% tariffs on imported vehicles were set to take effect,… Continue reading Automakers seek ‘opportunity in the chaos’ of Trump’s tariffs
German FAZ: He creates the Heckrick009094
FAZ+motorhome CrossCamp 640: It creates the rear trick from Michael Kirchberger 04/2025, 14:30 reading time: 4 min. Image description. The almost 6.40-meter-long CrossCamp 640 based on Opel Movano impresses as a longitudinal sleeper and with a sophisticated cargo space solution. Go to source
German FAZ: EU Commission imposed millions of fines against 15 car manufacturers009093
The European Commission has imposed millions in terms of millions against 15 car manufacturers due to a cartel in connection with recycling, scrapped vehicles. The VW Group has to pay the highest fine with around 128 million euros, as the Commission announced on Tuesday. Mercedes had disclosed the cartel in Brussels and therefore escapes a… Continue reading German FAZ: EU Commission imposed millions of fines against 15 car manufacturers009093
German FAZ: He creates the Heckrick009093
FAZ+motorhome CrossCamp 640: It creates the rear trick from Michael Kirchberger 04/2025, 14:30 reading time: 4 min. Image description. The almost 6.40-meter-long CrossCamp 640 based on Opel Movano impresses as a longitudinal sleeper and with a sophisticated cargo space solution. Go to source
How’s General Motors Faring in China Amid Fierce Competition?
China has been an important market for General Motors (GM), second only to its U.S. operations. The company operates in the country through two major joint ventures — SAIC-GM (which sells Chevrolet, Buick, and Cadillac) and SAIC-GM-Wuling (which focuses on new energy vehicles). In Q1 2025, GM delivered 442,000 vehicles in China, nearly flat year… Continue reading How’s General Motors Faring in China Amid Fierce Competition?
Tariffs at Full Throttle: 45% of U.S. Auto Sales Now in the Crosshairs – says S&P Global
President Trump’s sweeping new tariff regime is set to disrupt nearly half of all light-duty vehicle sales in the United States, triggering a potential reshaping of the country’s automotive supply chain and pricing landscape. “US auto tariffs could impact as much as 45% of light-duty vehicles sold in the US,” says Stephanie Brinley, Associate Director… Continue reading Tariffs at Full Throttle: 45% of U.S. Auto Sales Now in the Crosshairs – says S&P Global