According to foreign media reports, Maserati, a luxury car brand under the Strattis Group, announced on March 11 that it has cancelled its plan to launch an electric MC20 sports car due to poor expectations of poor demand. A Maserati […]
According to foreign media reports, Traton, a truck business unit of Volkswagen Group, said that the commercial vehicle market is expected to perform flat in 2025. Previously, the company’s 2024 performance was dragged down due to continued weakness in Europe (especially Germany). […]
According to foreign media reports, the EU recently announced an action plan for the automobile industry, hoping to increase the EU’s demand for electric vehicles and plans to set localized production ratio requirements for electric vehicle battery production. The […]
According to foreign media reports, S&P Global Ratings has recently downgraded the long-term issuer credit rating of Nissan and its overseas subsidiaries to the “BB” level, mainly based on the pessimistic expectations that the company’s profits will not recover in the short term. Meanwhile, S&P Global Ratings maintains Nissan’s […]
According to Bloomberg, electric truck maker Nikola, a bankruptcy maker, has obtained court approval to initiate auction proceedings at its U.S. manufacturing plant in Arizona. Creditors said the asset may have special value to automakers in the context of frequent tariff adjustments by the Trump administration. […]
According to foreign media reports, the European Commission recently decided to give automakers three years to meet new carbon dioxide emission targets for automobiles and vans, rather than just one year. European Commission President Ursula von der Leyen said on […]