The Chinese automaker BYD surpassed Tesla in annual sales, recording a revenue of $107 billion in 2024, a 29% increase compared to the previous year, with 4.27 million vehicles delivered.
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Honda dominates 40% of the global motorcycle market and aims for 50% by 2030
Honda dominates the global motorcycle market, representing 40% of global sales and is projecting to surpass 20 million units sold in the last fiscal year.
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Volkswagen 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.
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Audi Faces Decline in Sales in 2024, But Bets on New Models and Line Renewal for Recovery
After a challenging 2024, with a 21.3% drop in sales in Germany and an 11.8% global decline, Audi faces a year full of challenges.
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Polestar announces production of the compact SUV Polestar 7 with a launch scheduled for 2027
Polestar has confirmed the production of the Polestar 7, a compact SUV that will be manufactured in Europe, possibly at Volvo’s new factory in Slovakia, with a launch scheduled for 2027.
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Volkswagen announces the end of the T-Roc Cabriolet and other changes to its lineup by 2027
Volkswagen will end production of its only convertible model, the T-Roc Cabrio, by 2027. Manufactured in Osnabrück, Germany, this crossover with an electric retractable roof was an alternative to the Eos and marks the end of an era for the brand’s convertibles.
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Tesla Faces Its First Annual Sales Decline
Tesla recorded its first annual sales decline since becoming a publicly traded company, with a 1% decrease in sales in 2024 compared to the previous year.
Read MoreTesla Faces Its First Annual Sales Decline
Tesla recorded its first annual sales decline since becoming a publicly traded company, with a 1% drop in sales in 2024 compared to the previous year.
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