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Browsing: Automotive
Volkswagen could lay off 15,000 workers as it considers closing multiple plants in Germany and Belgium. The move could save the company billions in the face of stiff competition.
The new BMW X3 launches with cutting-edge electrified powertrains, a bold design, and advanced digital technology, making it a top choice for the premium midsize segment.
Volvo revises its 2030 electrification target, now aiming for 90% to 100% electric or hybrid vehicles, citing slow market adoption and infrastructure challenges.
Volkswagen warns of potential German plant closures as economic challenges mount, drawing sharp criticism from unions.
Canada is set to implement significant tariffs on electric vehicles (EVs) manufactured in China, including those produced by BYD, as part of a broader strategy to protect its automotive industry. The Canadian Department of Finance announced that these tariffs aim to safeguard over 125,000 auto manufacturing jobs, predominantly unionized, spanning the EV supply chain. The move is in response to what Canada perceives as China’s inadequate labor and environmental standards, which, according to Canadian officials, pose a threat to both local businesses and the nation’s economic future. The new tariffs are scheduled to come into effect on October 1, imposing a…
With the Raptor T1+, Ford Performance aims to conquer the Dakar Rally with cutting-edge technology.
In 2024, South Korea’s car exports reached a new high of $37 billion, driven by a surge in demand for hybrid models.
The Porsche Museum’s 2024 summer program features an exciting LEGO Technic collaboration, offering interactive activities for children.
The BMW M5 is set to redefine the high-performance sedan market as it launches into its seventh generation, marking a significant milestone with the integration of an electrified drive system for the first time in its 40-year storied history. The new M5 is powered by a bespoke version of the M HYBRID system, achieving a formidable 727 horsepower and a peak torque of 737 lb-ft. This innovative combination of a high-revving V8 engine equipped with M TwinPower Turbo technology and an electric motor enables the sedan to sprint from 0 to 100 km/h (62 mph) in just 3.5 seconds. The inclusion of…
The BMW M5’s hybrid powertrain offers an exhilarating mix of speed and efficiency, setting new performance benchmarks.
