automotive
Sales of electric cars in Germany are stagnating, according to figures released by the Federal Motor Transport Authority in Flensburg on Wednesday. Around 29,700 battery-powered cars were newly registered in May, almost 31% fewer than a year ago, when there were still subsidies from the state and manufacturers for purchases. "Demand for electric cars remains weak - despite price reductions across the board and new models," said the management consultancy EY. Their observations suggest private individuals and companies are generally holding back on major purchases in view of the weakening Germa...
DPA
Sales of electric cars in Germany are stagnating, according to figures released by the Federal Motor Transport Authority in Flensburg on Wednesday. Around 29,700 battery-powered cars were newly registered in May, almost 31% fewer than a year ago, when there were still subsidies from the state and manufacturers for purchases. "Demand for electric cars remains weak - despite price reductions across the board and new models," said the management consultancy EY. Their observations suggest private individuals and companies are generally holding back on major purchases in view of the weakening Germa...
DPA International
Sales of electric cars in Germany are stagnating, according to figures released by the Federal Motor Transport Authority in Flensburg on Wednesday. Around 29,700 battery-powered cars were newly registered in May, almost 31% fewer than a year ago, when there were still subsidies from the state and manufacturers for purchases. "Demand for electric cars remains weak - despite price reductions across the board and new models," said the management consultancy EY. Their observations suggest private individuals and companies are generally holding back on major purchases in view of the weakening Germa...
DPA Breaking News
The business climate in the German automotive industry deteriorated significantly in May, a leading economic institution reported on Tuesday. The Munich-based ifo Institute's index measuring business sentiment fell from minus 2.4 points in April to minus 8.6 points. The companies surveyed assessed their current business situation negatively for the first time since October 2022. Car manufacturers and their suppliers remain pessimistic about the second half of the year. A strong reaction from China to the trade conflict over electric cars with Europe and the US could hit German car manufacturer...
DPA International
The business climate in the German automotive industry deteriorated significantly in May, a leading economic institution reported on Tuesday. The Munich-based ifo Institute's index measuring business sentiment fell from minus 2.4 points in April to minus 8.6 points. The companies surveyed assessed their current business situation negatively for the first time since October 2022. Car manufacturers and their suppliers remain pessimistic about the second half of the year. A strong reaction from China to the trade conflict over electric cars with Europe and the US could hit German car manufacturer...
DPA
The business climate in the German automotive industry deteriorated significantly in May, a leading economic institution reported on Tuesday. The Munich-based ifo Institute's index measuring business sentiment fell from minus 2.4 points in April to minus 8.6 points. The companies surveyed assessed their current business situation negatively for the first time since October 2022. Car manufacturers and their suppliers remain pessimistic about the second half of the year. A strong reaction from China to the trade conflict over electric cars with Europe and the US could hit German car manufacturer...
DPA Breaking News
Several Japanese car manufacturers, including Toyota and Suzuki, are under fire for allegedly failing to carry out proper safety tests before some vehicle models were certified. Similar cases were also found at Honda, Mazda and Yamaha, the Japanese Transport Minstry said on Monday. Sales of three models produced in Japan will be stopped for the time being, Toyota announced on Monday. Toyota admitted that it had obtained certification for seven car models in an unauthorized manner. "We mass-produced and sold cars without following the correct certification process," Toyota Chairman Akio Toyoda ...
DPA International
Several Japanese car manufacturers, including Toyota and Suzuki, are under fire for allegedly failing to carry out proper safety tests before some vehicle models were certified. Similar cases were also found at Honda, Mazda and Yamaha, the Japanese Transport Minstry said on Monday. Sales of three models produced in Japan will be stopped for the time being, Toyota announced on Monday. Toyota admitted that it had obtained certification for seven car models in an unauthorized manner. "We mass-produced and sold cars without following the correct certification process," Toyota Chairman Akio Toyoda ...
DPA Breaking News
Several Japanese car manufacturers, including Toyota and Suzuki, are under fire for allegedly failing to carry out proper safety tests before some vehicle models were certified. Similar cases were also found at Honda, Mazda and Yamaha, the Japanese Transport Minstry said on Monday. Sales of three models produced in Japan will be stopped for the time being, Toyota announced on Monday. Toyota admitted that it had obtained certification for seven car models in an unauthorized manner. "We mass-produced and sold cars without following the correct certification process," Toyota Chairman Akio Toyoda ...
DPA
Three of Japan's biggest carmakers - Toyota, Mazda and Subaru - announced Tuesday their commitment to develop new and smaller engines tailored to electrification and the pursuit of carbon neutrality. With these engines, the companies will aim to optimize integration with motors, batteries, and other electric drive units. The new engines are also expected to alter vehicle design by being more compact than existing models. According to the firms, smaller engines will allow for even lower hoods, improving design possibilities and aerodynamic performance while contributing to better fuel efficienc...
DPA Breaking News
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