Volkswagen announced the definitive closure of production at its factory in Nanjing, China, operated in partnership with SAIC. The plant, which previously produced models such as the Passat and Skoda Superb, suspended activities after a drop in sales and will officially close in the second half of 2025. Passat production will be transferred to another company unit.
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Colorful cars depreciate less than neutral ones in resale, study reveals
The color of a car can directly influence its resale value, according to a study by iSeeCars involving 1.2 million used vehicles.
Read MoreChina investigates automakers for selling brand-new cars as used to inflate sales and obtain subsidies
In China, authorities are investigating a suspicious practice involving automakers such as BYD and Dongfeng. The strategy consists of registering brand-new cars as if they were used, and then selling them at lower prices.
Read MoreTesla faces complaints about bad smell in cars due to premature air filter wear
Tesla owners have been facing an issue with a bad smell coming from the cabin air filtration system.
Read MoreJaguar records historic drop in sales in Europe in 2025
Jaguar is going through a brand restructuring phase and, as a result, has drastically reduced its vehicle lineup, which has led to very low registration numbers in Europe.
Read MoreTesla suffers a nearly 50% drop in European sales
Tesla is facing a sharp decline in sales in Europe, with a drop of nearly 50% last month, according to data from the ACEA.
Read MoreTesla Cybertruck loses sales leadership in the U.S. to the Ford F-150 Lightning
The Tesla Cybertruck, known for its futuristic design and promise of high technology, began its journey with high expectations in the North American market. However, just over a year after deliveries began, the model is facing a decline in sales in the United States.
Read MoreFord suspends 2025 profit forecast after tariffs imposed by President Trump
Ford has suspended its annual profit forecast due to uncertainty caused by tariffs imposed by President Donald Trump, which are expected to have a total impact of up to $2.5 billion on the automaker’s costs in 2025.
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