Blog - Passenger Cars

Nissan Announces Production Cuts in U.S. Plants Amid Global Workforce Reduction Plans

Jan 30, 2025

Nissan Motor Corp. announces U.S. production cuts to boost financial health, part of a strategy including a global 20% capacity cut and workforce reductions.

EU Strives to Bolster Auto Industry Amidst Electrification Challenges

Jan 30, 2025

The EU addresses electrification challenges and foreign competition to secure the future of its automotive industry. Discussions emphasize emissions, trade, and infrastructure development for sustainable growth.

Volvo Cars Acquires Northvolt's Stake in Joint Battery Venture NOVO Energy

Jan 29, 2025

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Volvo Cars acquires Northvolt's stake in NOVO Energy, boosting its electric vehicle production as it moves towards an all-electric lineup.

Volvo's Fourth Quarter Profits Decline Amid Sales Drop

Jan 29, 2025

Learn about Volvo's Q4 profit decline, reasons behind the sales drop, and future financial strategies.

Volkswagen Considers U.S. Production to Mitigate Tariff Risks

Jan 29, 2025

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Volkswagen may establish U.S. production facilities for Audi and Porsche to avoid tariffs, enhancing its trade relationship with the U.S.

Northvolt Seeks $1.29 Billion to Revive Business Amid Bankruptcy

Jan 28, 2025

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Northvolt seeks $1.29 billion from shareholders to stabilize its EV battery business amid Chapter 11 bankruptcy, aiming to secure long-term viability.

BMW CEO Advocates for EU Tariff Reductions on U.S. Car Imports

Jan 28, 2025

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BMW CEO Oliver Zipse suggests the EU cut tariffs on U.S. car imports to 2.5% from 10%, aiming to match U.S. rates and ease trade tensions ahead of key EU automotive talks.

Argentina to Lift Tariffs on Low-Cost EVs and Hybrid Imports

Jan 28, 2025

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Argentina aims to boost eco-friendly transport by lifting import tariffs on low-cost electric and hybrid vehicles, aligning with global sustainability trends.

General Motors Faces Fourth Quarter Loss Amid China's Market Challenges

Jan 28, 2025

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General Motors faced a Q4 loss due to challenges in China but exceeded profit expectations. Learn about GM's financial performance and strategic responses.

Mercedes-Benz Focuses on Higher Margins Amid Chinese Market Challenges

Jan 28, 2025

Mercedes-Benz projects an enhanced margin outlook for Q4 2024 while addressing the challenges presented by the Chinese market, prioritizing luxury vehicle demand and strategic cost measures.

Honda to Release Affordable Electric Vehicle in North America by 2026

Jan 28, 2025

Honda will release a compact EV under $30,000 in North America by 2026, part of its global 'Honda 0 Series' push.

Volkswagen Explores German Plant Investments with Chinese Partners

Jan 28, 2025

Volkswagen is exploring potential investments in German plants through collaborations with Chinese partners, as discussed by CEO Oliver Blume.