Brussels, Belgium – Audi has announced the closure of its Brussels electric vehicle (EV) factory on February 28, 2025, marking a significant setback for the EV manufacturing sector. This “painful decision,” as described by Audi, follows failed attempts to sell the facility and reflects a broader slowdown in demand for electric vehicles. Table…
Ford Australia Unveils Differentiated Approaches for Ranger Tremor and Everest Tremor Models Ford Australia has announced distinct strategies for its Ranger Tremor and Everest Tremor models, reflecting their unique market positioning and customer appeal in the Australian market. The Ranger Tremor, a limited-edition variant, will see only 1150 units produced, available from July…
1: Key points Tesla’s second-quarter profit dropped 45% compared to the previous year. Revenue increased by 2% but was offset by lower vehicle prices and higher AI costs. Tesla is prioritizing cost cuts and developing new technologies. The launch of a more affordable vehicle is planned for 2025. The robotaxi debut has been rescheduled to…
According to a preliminary assessment by GlobalData, the automobile market suffered a minor setback in April, with new-vehicle sales down 3.9 percent to 1.32 million units compared to April 2023. While some automakers experienced difficulty, others observed favorable trends in sales despite the drop. Table of Contents 1. Light Vehicle Sales in the…
CDK Global, a major provider of dealership management systems (DMS), has informed its clients that a complete resolution to the current system outage will not occur before June 30. This announcement comes after the company was hit by two significant cyberattacks, resulting in a prolonged disruption now in its seventh day. Table of…
Audi Australia has announced the full pricing and specifications for the highly anticipated 2025 Q4 e-tron range. The all-electric SUV lineup is set to arrive in Australia in the fourth quarter of 2024, offering a blend of performance, luxury, and cutting-edge technology. Table of Contents 1. Pricing Details: Starting at $88,300…
Nissan, the renowned Japanese automaker, has announced an ambitious plan to significantly expand its electric vehicle (EV) lineup and reduce production costs. This move comes amid a general slowdown in global EV sales and increasing competition from Chinese automakers offering more affordable models. Table of Contents Key Highlights of Nissan’s Plan: They aim…