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BUSINESS

  • BMW Takes January Crown, Outpacing Mercedes-Benz with Smart Discounts and Stable Supply BMW leads South Korea's import car market, outpacing Mercedes-Benz with aggressive pricing and a stable supply chain.
  • The Model Y Juniper: Tesla's Sleek New SUV with a 320-Mile Range Tesla reveals the 2025 Model Y Juniper, featuring design upgrades, improved range, and enhanced comfort ahead of its global launch in March.
  • Baojun's Xiangjing Becomes First to Feature DeepSeek AI, Shaping the Future of Automotive Tech Baojun Xiangjing, featuring DeepSeek AI, sets an industry milestone with AI-driven features, launching in electric and hybrid models.
  • Hyundai's Casper Electric Cross: A Rugged, Eco-Friendly SUV for Adventure Seekers Hyundai's Casper Electric Cross, designed for outdoor enthusiasts, features unique design elements and a roof basket for storage.
  • Kia's Sportage Dominates UK Market, Propelling Brand to Second Place in Sales Kia's Sportage SUV is gaining popularity in the UK, leading sales and boosting the brand's market position significantly.
  • Honda and Nissan Merger Collapses: Hyundai's Position Secured, Focus Now on Electric Vehicles The Honda-Nissan merger collapses, relieving Hyundai Motor Group as it strengthens its EV lineup and competitiveness.
  • Kia Unveils Next-Gen Compact SUV Syros in India: Bold Design and Premium Features Kia launches the Syros SUV in India, featuring advanced design, spacious interior, and two efficient powertrain options.
  • Tesla Faces Sharp Decline in Sales Across Key Markets, With 60% Drop in Germany Tesla's global sales are declining, with significant drops in California, Germany, France, and the UK, amid rising competition.
  • Tesla Model Y Juniper Achieves Certified 500 km Range, Setting New Standards for EV Performance Tesla Model Y Juniper achieves up to 500km range at room temperature and 376km in colder conditions, confirmed for domestic market.
  • Germany's BEV Sales Soar by 53.5% in January 2025 Amid EV Recovery Germany's BEV sales rose 53.5% in January 2025, capturing 16.6% market share amid a decline in overall vehicle registrations.
  • Volvo Breaks Records with 763,000 Vehicle Sales in 2024, Driven by EV Surge Volvo Cars reported record sales of 763,000 units in 2024, with EVs making up 23% of sales amid strong financial performance.
  • Tesla Struggles in South Korea: Only 5 EVs Sold in January Amid Subsidy Gaps Tesla sold only five electric vehicles in South Korea in January due to delayed EV purchase subsidies, impacting sales significantly.
  • DS N°8: A Bold Challenge to BMW, Audi, and Mercedes-Benz in the EV Market Can the 100 million won DS electric SUV compete with German brands? It offers 750 km range, surpassing Model Y.
  • BMW's X7 Nishiki Lounge Concept: A Luxury SUV That Transcends Traditional Design BMW unveils the X7 Nishiki Lounge concept, showcasing the pinnacle of luxury in SUV design and redefining high-end automotive art.
  • Toyota's Unstoppable Reign: Five Consecutive Years as World’s Top Automaker Toyota remains the world's top automaker, selling 10.82 million vehicles in 2023, while Hyundai ranks third with 7.23 million units sold.
  • BMW’s New iX Electric SUV Boasts Up to 659 HP and 700 km Range BMW unveils the New iX electric SAV with enhanced performance, improved battery capacity, and impressive acceleration times.
  • Ford's Electric Future Struggles with $5.5 Billion Loss, Despite Boost in EV Sales Ford anticipates $5-$5.5 billion losses in its EV division this year, despite rising sales and plans for increased battery investments.
  • GM Puts the Gas-Powered Chevrolet Blazer to Rest, Shifting to Electric Future GM will discontinue the gas-powered Chevrolet Blazer, focusing on electric vehicles as part of its shift towards electrification.
  • Chevrolet Surpasses Hyundai and Kia in Groundbreaking Domestic Car Exports GM Korea's Chevrolet leads domestic car exports, with the Trax Crossover and Trailblazer achieving significant sales milestones.
  • Toyota Bets Big on China’s EV Future with $715 Million Lexus Plant Toyota plans to build an EV factory in Shanghai, signaling stronger China-Japan ties amid trade pressures and a focus on carbon neutrality.
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