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Current Automotive Industry News

Germany is pressing to soften the European Union's 2035 ban on new combustion engine vehicles arguing hybrids range. CNBC examines the high-stakes decisions transforming the U....

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Current Automotive Industry News

Germany is pressing to soften the European Union's 2035 ban on new combustion engine vehicles arguing hybrids range. CNBC examines the high-stakes decisions transforming the U. S auto industry Cars once promised independence and. Concern is growing in Germany over the country's automotive industry one of the key sectors of the German economy The VW.

Thanks to heavy government subsidies China has become the world's leader in electric vehicles We hear from inside China on. Falling sales rising tariffs and stiffer competition 2025 was a year for German carmakers to forget Will 2026 be any better. The Consumer Electronics Show CES has taken place in Las Vegas one the biggest tech and innovation events of the year. Recent headlines have suggested that consumers are losing interest in electric vehicles but a closer look at the trends tells a.

Germany's auto industry is in crisis Chinese EV manufacturers are racing ahead backed by powerful government support. Brazil is the world's sixth largest car market by volume and the country is quickly becoming the next frontier in China's electric. Automakers battery makers and suppliers have been directing billions of dollars to factories and other facilities across the United. Tesla has lost its position as the world's biggest seller of electric vehicles The Chinese carmaker BYD is now in top spot after its.