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 manufacturers009058
Tag: Mazda
German Manager Magazin: VW: EU Commission punishes car manufacturers for recycling agreements004092
The EU Commission has imposed a million fine against 15 car manufacturers and the European industry association due to anti-antitrust laws. It is about agreements for the collection, treatment and recycling scrap freet cars and vans, the authority announced on Tuesday. Overall, the carmakers, including Volkswagen, Stellantis, Toyota and BMW as well as the industry… Continue reading German Manager Magazin: VW: EU Commission punishes car manufacturers for recycling agreements004092
Asian auto stocks extend declines as Trump tariffs on car imports dent sentiment
Vehicles awaiting shipment are parked at a port on March 27, 2025 in Yokohama, Japan. U.S. Tomohiro Ohsumi | Getty Images Asian auto stocks fell for a second straight day as investors fretted over U.S. President Donald Trump’s tariffs on cars and certain automobile parts not made in the country. Japanese automakers Toyota and Honda… Continue reading Asian auto stocks extend declines as Trump tariffs on car imports dent sentiment
Trump auto tariffs: Wall Street reacts as stocks slide
President Trump is applying the brakes to the profit engines of global automakers. Trump said Wednesday the US will impose 25% tariffs on imports of cars and car parts, to take effect on April 3. The measures will apply to both finished cars and trucks. “This will continue to spur growth that you’ve never seen… Continue reading Trump auto tariffs: Wall Street reacts as stocks slide
ChangAn Automobile Launches CHANG-AN, DEEPAL, and AVATR in Europe, Ushering in a New Era of EVs
Strengthening European presence with intelligent electric mobility solutions MAINZ, Germany, March 21, 2025 /PRNewswire/ — ChangAn Automobile (“ChangAn” or “the Company”), an intelligent low-carbon mobility technology company, officially launched its three major brands, CHANG-AN, DEEPAL, and AVATR, in Europe at its brand launch event, themed “Sharing the Future,” in Germany. This milestone marks a new phase in ChangAn’s… Continue reading ChangAn Automobile Launches CHANG-AN, DEEPAL, and AVATR in Europe, Ushering in a New Era of EVs
Ashok Leyland Denies Reports of Stake Acquisition in SML Isuzu
Ashok Leyland Limited, one of India’s leading commercial vehicle manufacturers, has categorically denied recent media reports suggesting that the company is nearing a deal to acquire a promoter’s stake in SML Isuzu, a Punjab-based truck and bus manufacturer. The speculation, which has been widely circulated across mainstream media outlets, claimed that Ashok Leyland was in… Continue reading Ashok Leyland Denies Reports of Stake Acquisition in SML Isuzu
ChangAn Automobile Launches CHANG-AN, DEEPAL, and AVATR in Europe, Ushering in a New Era of EVs
Strengthening European presence with intelligent electric mobility solutions MAINZ, Germany, March 21, 2025 /PRNewswire/ — ChangAn Automobile (“ChangAn” or “the Company”), an intelligent low-carbon mobility technology company, officially launched its three major brands, CHANG-AN, DEEPAL, and AVATR, in Europe at its brand launch event, themed “Sharing the Future,” in Germany. This milestone marks a new phase in ChangAn’s… Continue reading ChangAn Automobile Launches CHANG-AN, DEEPAL, and AVATR in Europe, Ushering in a New Era of EVs
February 2025 new car pre-registration figures
SMMT released figures for February pre-registrations in the UK new car market. The data shows the number of cars disposed of by vehicle manufacturers in February 2025 that were defined as pre-registrations. The Supply of New Cars Order 2000 requires motor manufacturers to publish the number of pre-registered cars supplied and the gross income received… Continue reading February 2025 new car pre-registration figures
Mazda’s First to the Finish Docuseries Now Streaming on Prime Video
New series offers exclusive access to the Mazda MX-5 Cup Championship and the racers chasing victory IRVINE, Calif., March 25, 2025 /PRNewswire/ — Mazda North American Operations today announced that First to the Finish, an all-new docuseries providing unprecedented access to the Whelen Mazda MX-5 Cup Championship, is now streaming exclusively on Prime Video. Continue Reading… Continue reading Mazda’s First to the Finish Docuseries Now Streaming on Prime Video
ChangAn Drives Innovation and Brand Development in Europe, “In Europe, For Europe,” Shaping the Future of the Global Market
MUNICH, March 25, 2025 /PRNewswire/ — ChangAn Automobile (“ChangAn” or “the Company”), an intelligent low-carbon mobility technology company, has cemented its future in the European market with its recent official entry. Implementing its “Vast Ocean Plan” that transforms the Company from a product exporter to a technical standards leader, ChangAn is committed to investing, innovating, and cooperating… Continue reading ChangAn Drives Innovation and Brand Development in Europe, “In Europe, For Europe,” Shaping the Future of the Global Market