In 2024, the European automotive market recorded 12.91 million new cars, mainly driven by the demand for hybrid vehicles.
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Ford imposes restriction and prohibits resale of Mustang GTD for two years
Ford has imposed a restriction on buyers of the Mustang GTD, prohibiting resale of the car for at least two years.
Read MoreVibrant Colors Gain Ground and Change Trends in the Automotive Market
In 2024, car colors underwent a significant shift, with warm tones gaining popularity. This may reflect a desire for more comforting and positive elements after the pandemic, with vibrant colors symbolizing renewal.
Read MoreHuawei’s Luxury Electric Car Stuns with Innovative Technology and Autonomous Charging
Huawei, traditionally known for its smartphones, is now entering the automotive market with the launch of the Maextro S800, a luxury electric car developed in partnership with JAC Motors.
Read MoreVolkswagen Boonie Bug from 1972: curious and rare off-road car goes viral on Facebook Marketplace
A Volkswagen Boonie Bug from 1972, a “kit” car built from plans published in Popular Mechanics magazine in the 1970s, was found for sale on Facebook Marketplace.
Read MoreTesla suffers a $15 billion drop in brand value due to Musk controversies and declining consumer ratings
The brand value of Tesla dropped by $15 billion in 2024, with Elon Musk being identified as the primary reason for this decline.
Read MoreVolkswagen considers selling factory in Germany to Chinese amid financial crisis
Volkswagen is facing a serious crisis in Europe, which has pressured the automaker to reduce costs and restructure its operations.
Read MoreStellantis confirms new mid-size Ram pickup with production planned for 2027
Stellantis has officially confirmed that it is developing a new mid-size pickup for the Ram brand, with production expected to begin in 2027 at the Belvidere, Illinois plant.
Read MoreFiat leads Stellantis sales in 2024 for the fourth consecutive year
Fiat led Stellantis sales for the fourth consecutive year, despite an 11.11% drop in global deliveries in 2024, totaling just over 1.2 million units.
Read MoreLamborghini surpasses Bentley in sales in 2024 for the first time
In 2024, Lamborghini sales surpassed those of Bentley, a first in the Volkswagen Group era.
Read MoreElectric Mustang Surpasses Traditional Sales for the First Time in History
For the first time in history, the Electric Mustang (Mach-E) has surpassed sales of the traditional Mustang in the United States.
Read MoreMercedes-Benz SL Sales Plunge 56% in 2024, While AMG GT Sees Growth
Sales of the Mercedes-Benz SL plunged 56% in 2024, with only 1,608 units sold in the United States throughout the year!
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