ID. range, the GTI revival, PPE platform and Group strategy — Wolfsburg’s EV pivot in full.
Bentley CEO Frank-Steffen Walliser has publicly acknowledged that electric vehicle acceptance has hit an “all-time low” while announcing the luxury automaker’s next new model will be a petrol-powered Supersports performance car—not the EV the company promised just three years ago. The admission comes in a rare interview with The Sunday Times published November 8, marking…
Tesla’s October 2025 sales collapsed across Europe, with registrations plummeting by double-digit margins in nearly every major market—just as shareholders vote today on CEO Elon Musk’s nearly $1 trillion compensation package. The timing couldn’t be worse for the embattled EV maker, as the catastrophic sales figures underscore growing questions about whether Musk deserves the largest…
Automakers shipping vehicles to the United States could face $200 to $300 per vehicle in additional costs, the CEO of major car carrier Wallenius Wilhelmsen warned Wednesday, as the company moves to pass new U.S. port fees onto customers. The announcement comes despite a late-October trade agreement between Presidents Trump and Xi that was supposed…
Volkswagen has secured 2.3 billion reais ($425.62 million) in credit lines from Brazil’s state development bank BNDES to accelerate hybrid vehicle development across South America, according to Reuters. The German automaker announced Friday it will use the financing to offer hybrid versions of all new vehicles developed and manufactured in the region starting in 2026.…
Ford CEO Jim Farley has escalated his warnings about Chinese automotive dominance to existential levels, declaring that China’s manufacturing capacity could single-handedly destroy the entire North American auto industry. In a stark CBS Sunday Morning interview that aired October 26, Farley compared the Chinese threat to 1980s Japan “on steroids”—his most alarming public assessment yet…
Volkswagen Group reported a €1.3 billion ($1.4 billion) operating loss for the third quarter of 2025, marking the German automaker’s first quarterly loss since the pandemic as it absorbs massive charges from Porsche’s failed electric vehicle strategy and President Trump’s punishing import tariffs. The Times reported that Europe’s biggest carmaker swung from a €2.8 billion…
BMW is showcasing its revolutionary iX3 electric SUV at the Japan Mobility Show 2025 in Tokyo, marking the Asian premiere of the first production model from the automaker’s groundbreaking Neue Klasse platform. The iX3 debuts with industry-leading 400 kW fast charging capability and next-generation electric drivetrain technology that BMW claims will redefine the premium EV…
European car sales jumped 10.7% in September 2025, driven by a plug-in hybrid explosion that signals automakers are choosing profitable hybrids over money-losing pure electric vehicles to meet emissions targets. But the real story lies beneath the headline numbers: Tesla’s sales dropped 10.5% while Chinese rival BYD surged 398%, according to data released Tuesday by…
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