• 22Oct2024
    New Car Sales in Europe Fall 3.5% YoY in January 2026, Sharp Drop For Traditi...
    Studies: The EU’s Five Major Member States Subsidize About 42 Billion Euros For Fossil Fuel Vehicles Each Year

                       According to Reuters, according to a study conducted by the European Environmental Organization Transportation and Environment (T & E) entrusted consulting company’s environmental resource management (ERM), the five major member states of the EU spend about 42 billion euros each year (about 45.6 billion US dollars) […]

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  • 22Oct2024
    New Car Sales in Europe Fall 3.5% YoY in January 2026, Sharp Drop For Traditi...
    Canada Allows Enterprises To Apply For Tariffs Imposed On Chinese Electric Vehicles And Steel And Aluminum Products

                    According to Reuters, a few days ago, the Canadian Ministry of Finance said that Canadian companies can apply for a temporary reduction in tariffs on electric vehicles and steel and aluminum products imported from China.             In a statement, the Canadian Ministry […]

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  • 21Oct2024
    New Car Sales in Europe Fall 3.5% YoY in January 2026, Sharp Drop For Traditi...
    Ferrari Unveils F80 Flagship Sports Car With Starting Price Of €3.6 Million

    Ferrari has officially launched its highly anticipated F80 flagship sports car, setting the starting price at an impressive €3.6 million. This new model represents the pinnacle of Ferrari’s engineering and design, combining cutting-edge technology with the brand’s signature performance. Ferrari has unveiled a new top-of-the-line supercar: the 1,183-horsepower F80 hybrid. The powerful model continues the […]

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  • 21Oct2024
    New Car Sales in Europe Fall 3.5% YoY in January 2026, Sharp Drop For Traditi...
    Canada Allows Companies To Apply For Tariff Exemptions On Imports From China

    The Canadian Department of Finance announced that Canadian companies can request temporary exemptions from tariffs imposed on imports of electric vehicles, steel, and aluminum products from China. In a statement, the department indicated that tariff exemptions will be granted in specific and exceptional circumstances, aimed at assisting local businesses in adjusting their supply chains in […]

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  • 21Oct2024
    New Car Sales in Europe Fall 3.5% YoY in January 2026, Sharp Drop For Traditi...
    Volvo Group Reports Quarterly Earnings; Profit Decline Exceeds Expectations

    Swedish truck manufacturer Volvo Group reported on October 18 that its adjusted profit for the last quarter declined more than market expectations. This result was primarily driven by a decrease in freight and construction activities, which limited vehicle sales. The earnings report indicated that, while the company maintains a certain market share in some areas, […]

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  • 21Oct2024
    New Car Sales in Europe Fall 3.5% YoY in January 2026, Sharp Drop For Traditi...
    EU Voted Through Super Tariffs On China Electric Motor

                   In early October, representatives of EU member states voted to pass the draft ruling of the EU electric vehicle anti -subsidy case, and planned to levy the final anti -subsidy tax on electric vehicles native to China. Based on this, the European Union passed this resolution, and it […]

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