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Blog - Passenger Cars

Thailand's Automotive Industry Faces Unprecedented Decline
Thailand's Automotive Industry Faces Unprecedented Decline
Jan 28, 2025
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Thailand's automotive sector is grappling with severe declines in domestic sales, impacted by financial challenges such as stringent bank loans and soaring household debt.
Global Electric Vehicle Sales to Surpass 20 Million Units This Year
Global Electric Vehicle Sales to Surpass 20 Million Units This Year
Jan 28, 2025
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Global electric vehicle sales are expected to exceed 20 million units this year, driven by China's subsidies and Europe's emission targets, despite challenges in the US market.
GM Prepares to Announce Fourth-Quarter Earnings Amid Market Optimism
GM Prepares to Announce Fourth-Quarter Earnings Amid Market Optimism
Jan 28, 2025
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Discover GM's anticipated Q4 2024 earnings, impressive revenue growth forecasts, and strategic objectives for the North American EV market.
GM Set to Continue Strong Earnings Momentum Amid Challenges
GM Set to Continue Strong Earnings Momentum Amid Challenges
Jan 27, 2025
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General Motors is expected to announce strong Q4 earnings, driven by robust truck and SUV sales, strategic financial moves, and despite challenges in the EV sector and geopolitical issues.
Kia Recalls Over 80,000 Electric and Hybrid Vehicles Due to Airbag Issues
Kia Recalls Over 80,000 Electric and Hybrid Vehicles Due to Airbag Issues
Jan 26, 2025
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Kia recalls 80,000+ electric and hybrid cars over faulty airbags; Niro models affected. U.S. top car export market for Kia. Owners urged for free repair by 2025.
Chinese EV Makers Challenge EU Import Tariffs
Chinese EV Makers Challenge EU Import Tariffs
Jan 23, 2025
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Chinese EV manufacturers BYD, Geely, and SAIC challenge EU import tariffs in a legal battle at the CJEU, amid complex international trade dynamics.
Volkswagen Plans Increased Investments in U.S. Amid Market Expansion Goals
Volkswagen Plans Increased Investments in U.S. Amid Market Expansion Goals
Jan 23, 2025
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Volkswagen aims to double its U.S. market share by boosting local investments and production efforts as announced by CFO Arno Antlitz at the World Economic Forum.
Italian Automotive Supplier CLN Seeks Major Debt Write-Down Amid Industry Crisis
Italian Automotive Supplier CLN Seeks Major Debt Write-Down Amid Industry Crisis
Jan 23, 2025
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CLN seeks significant debt reduction to tackle the ongoing crisis in the automotive sector, highlighting the pressures faced by suppliers as car production declines.
Hyundai Motor Reports Decline in Q4 Profit Amid Challenging Market Conditions
Hyundai Motor Reports Decline in Q4 Profit Amid Challenging Market Conditions
Jan 23, 2025
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Hyundai Motor's Q4 2025 saw a 17% profit decline due to increased promotions and market challenges.
Hyundai Motor and General Motors Pursue Strategic Collaboration
Hyundai Motor and General Motors Pursue Strategic Collaboration
Jan 23, 2025
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Hyundai Motor and General Motors strengthen ties with a strategic collaboration in automotive operations, aiming for joint ventures in vehicle sectors and part procurement.
Electric Vehicle Pioneer Canoo Files for Bankruptcy
Electric Vehicle Pioneer Canoo Files for Bankruptcy
Jan 22, 2025
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Electric vehicle startup Canoo files for Chapter 7 bankruptcy, reflecting broader financial challenges in the EV sector. Discover more about its journey and industry implications.
Volkswagen's Strategic Turn: Cost-Cutting Measures in Germany
Volkswagen's Strategic Turn: Cost-Cutting Measures in Germany
Jan 22, 2025
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Explore Volkswagen's strategic cost-cutting measures in Germany, emphasizing cooperation between management and employees amidst market challenges.
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