Manufacturer insight - Page 11
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Car makers turn to Tesla for EU carbon pooling to avoid billions in fines
Stellantis, Toyota, Ford, Mazda, and Subaru plan to pool carbon emissions with US EV manufacturer Tesla in an effort to meet stringent European carbon reduction targets, according to official EU documentation.
LCV market logged 350,000 registrations in 2024, despite BEV challenges
The light commercial vehicle (LCV) market posted a 3.0% growth in 2024, with 351,834 new registrations making it the best year for fleet renewal since 2021, according to the Society of Motor Manufacturers and Traders (SMMT).
Kia UK chief welcomes ZEV mandate consultation, calls for clarity on hybrid rules
Kia’s UK chief has welcomed the review of ZEV mandate regulations that will guide the industry until 2035 but cautions that the UK government has no intention of walking away from its proposed trajectory.
Rising costs and Chinese competition imperil Europe’s car manufacturing
Europe’s car manufacturers are facing mounting concerns about their long-term viability as they grapple with rising car prices and intensifying competition, according to a report from Jato Dynamics.
Honda and Nissan reported to be in merger talks to create global powerhouse
Japan's manufacturing heavyweights Honda and Nissan, two of Japan's top automakers, are set to begin merger talks as they battle mounting competition from Chinese EV giants, reports the Nikkei.
Genesis unveils heated glass tech in readiness for autonomous driving
Hyundai luxury brand Genesis is testing a revolutionary 48-volt Metal-Coated Heated Glass, a world-first innovation poised to transform winter driving safety and support the evolution of autonomous vehicles.
David Beattie to head Mini UK and Ireland, Izzo charged with European role
David Beattie will take the helm as director of Mini UK and Ireland in the New Year, succeeding Federico Izzo, who moves on to become head of Mini in Europe after successfully overseeing the relaunch of the new Mini family in the UK.
Xpeng to launch UK franchise network in 2025 with up to 20 retailers
Chinese car brand Xpeng is set to reveal its first UK dealership in early 2025, the first of 20 retailers the manufacturer has charged with establish a comprehensive network by the end of the year.