Blog - Passenger Cars

Mercedes-Benz Faces Sales Decline Amid Weak Global Demand in 2024

Jan 10, 2025

Mercedes-Benz's global sales fell by 3% in 2024, driven by reduced demand in China and Europe, affecting BEV sales and prompting profit margin revisions.

SAIC and CATL Expand Strategic Cooperation in the EV Market

Jan 10, 2025

175

SAIC and CATL enhance their collaboration to lead advancements in the EV market, focusing on battery innovation and global growth opportunities.

Polestar's Q4 Retail Sales Boost Investor Confidence Amid Challenging Market Conditions

Jan 9, 2025

112

Polestar's increased Q4 retail sales and order intake have boosted investor confidence amid challenging EV market conditions.

China's Car Sales Surge with 12.2% Growth in December

Jan 9, 2025

Explore China's remarkable 12.2% car sales growth in December, reinforcing its position in the global automotive market.

Scout Motors Hits 50,000 Reservations for Electric Vehicles

Jan 9, 2025

542

Scout Motors, a Volkswagen brand, secures 50,000 reservations for its electric pickups and SUVs, signaling a strategic move to grow its U.S. market presence.

Rolls-Royce to Invest £300 Million in Bespoke Car Services Expansion

Jan 8, 2025

163

Rolls-Royce invests £300 million to expand bespoke car services, aligning with the rising demand for personalized luxury vehicles in the global market.

BYD Expands Global Reach by Shipping 5,000 EVs to Europe

Jan 8, 2025

178

BYD, a key player in the Chinese automotive industry, continues to bolster China's presence in the global market by dispatching a third roll-on/roll-off ship with 5,000 new energy vehicles to Europe. This move highlights China's rising export value in passenger cars, reaching $77.7 billion in 2023, with Europe emerging as a significant market. China's strategic expansion in the global automotive sector is further emphasized by the growing demand for new energy vehicles in Europe.

Honda Unveils New 0 Series Electric Vehicles at CES in Las Vegas

Jan 7, 2025

Honda reveals its innovative 0 Series Electric Vehicles at CES, featuring the 0 Saloon and 0 SUV, with futuristic designs and advanced technologies for a sustainable automotive future.

Automakers Collaborate with Tesla to Meet EU 2025 Emission Standards

Jan 7, 2025

124

Automakers partner with Tesla to pool carbon emissions, aiming for compliance with the EU's 2025 emission standards and avoiding significant fines.

Mercedes-Benz to Lower Profitability Targets Amid Market Challenges

Jan 7, 2025

121

Mercedes-Benz adjusts its profitability outlook amidst market challenges and a strategic pivot to electric vehicles.

Renault's Dacia Cuts EV Prices to Boost Europe's Stagnant Sales

Jan 7, 2025

208

Renault's Dacia brand reduces EV prices to revive Europe's stagnant market, aligning with strategies to meet EU emissions targets and challenge competitors like Leapmotor.

Chery's Global Sales Surge: A Strong Performance in 2024

Jan 7, 2025

237

Chery's global car sales soared by 38.4% in 2024, reaching 2.6 million vehicles and boosting revenue by over 45%. Discover key strategies and market dynamics.