US Auto Sales Rise 2.7% in 2024: Affordable SUVs and Lower Rates Drive GrowthU.S. auto sales rose 2.7% in 2024, driven by lower prices and interest rates, with EV sales up 8.8% and GM leading the market.
US EV Tax Credit Slashes Eligible Vehicles by 37%, Shifting Focus to Domestic BrandsThe reduction of US electric vehicle tax credits significantly limits eligible car models, amid Trump's potential return to office.
China Comes in Second for Most Starbucks Stores—But Who’s #1?Starbucks surpasses 2,000 stores in South Korea, becoming the third-largest market globally, overtaking Japan in store count.
Jaguar Rebrands, Fans React: This is How the XJ Successor Should BeJaguar, once a symbol of masculinity, faces criticism after its rebranding and reveals new electric car renderings based on the XJ.
Delta Ranks 3rd for On-Time Flights, and the 1st Place Goes to…Aeroméxico tops global on-time departure rates at 87%, followed by Saudi Arabian Airlines at 86%, amidst industry challenges.
China's Semiconductor Domination: How EV Makers Are Turning to Homegrown ChipsChina is boosting domestic semiconductor production for EVs, aiming for self-sufficiency to reduce reliance on foreign suppliers.
Volkswagen Data Breach Exposes 800,000 EV Owners’ Personal Info for MonthsVolkswagen's Cariad software unit faced a major data leak, exposing personal data of 800,000 electric vehicle owners for months.
Honda and Nissan Merger: Will It Create a Giant or Face Stumbling Blocks?Concerns grow over the Honda-Nissan merger, with doubts about synergies, competitiveness, and adapting to the 21st-century auto industry.
Chinese Brands Soar: BYD Tops November Vehicle Registrations, Outpaces VolkswagenBYD leads China's passenger vehicle registrations in November 2024, surpassing Volkswagen, with 11 domestic brands in the top 20.
U.S. Steel Warns of China’s Growing Power If Nippon Steel Deal Falls ThroughU.S. Steel warns that failing to acquire Nippon Steel could weaken the U.S. steel industry against China, impacting jobs and investments.
Genesis GV80 Breaks Sales Record, Solidifying Its Position in South Korea’s Luxury SUV MarketGenesis GV80 sets sales record in South Korea with 36,810 units sold in 2023, boosted by new models and a premium facelift.
Hybrid Cars are 'Road to Hell' for Automakers, Warns Former Aston Martin CEOAndy Palmer warns car makers that focusing on hybrids delays EV transition, risking competitiveness against Chinese automakers.
Disappointing Reception of 'Squid Game 2' Sends Stocks PlungingAfter the release of 'Squid Game 2', related stocks plummeted due to mixed reviews and disappointing performance from key actors.
Turkish Airlines Now the World’s Largest Airline by Country Reach, According to GuinnessTurkish Airlines has been recognized by Guinness World Records for flying to the most countries, achieving 120 destinations in the last year.
Tesla Sales in South Korea Skyrocket, Expected to Top 100,000 by 2025Tesla's sales in South Korea are surging, with expectations to exceed 100,000 units by mid-2025, despite increasing competition from BYD.
China’s Semiconductor Industry Under U.S. Investigation with Heavy Sanctions ExpectedThe U.S. launches an investigation into China's semiconductor market practices, focusing on general-purpose chips' impact.
Honda and Nissan to Create World’s 3rd Largest Auto Group—What It Means for the Global MarketHonda and Nissan are discussing a merger to form a new holding company, aiming to enhance competitiveness amid industry transformation.
Toyota to Build First Fully-Owned EV Plant in Shanghai by 2027Toyota plans to build its first wholly-owned EV plant in China, focusing on Lexus production to enhance competitiveness by 2027.
Russia’s New Electric SUV: The Kama Atom—A Bold Step Forward with Chinese TechThe Kama Atom, a new Russian electric SUV, aims to revive the auto industry by integrating Chinese technology and design influences.
Diesel Vehicles Lose Ground in Europe – Will 2025 Be the Final Blow?European diesel vehicle sales decline continues, with market share dropping to 13.1% amid rising battery-electric vehicle sales.
US Auto Sales Rise 2.7% in 2024: Affordable SUVs and Lower Rates Drive Growth U.S. auto sales rose 2.7% in 2024, driven by lower prices and interest rates, with EV sales up 8.8% and GM leading the market.
US EV Tax Credit Slashes Eligible Vehicles by 37%, Shifting Focus to Domestic Brands The reduction of US electric vehicle tax credits significantly limits eligible car models, amid Trump's potential return to office.
China Comes in Second for Most Starbucks Stores—But Who’s #1? Starbucks surpasses 2,000 stores in South Korea, becoming the third-largest market globally, overtaking Japan in store count.
Jaguar Rebrands, Fans React: This is How the XJ Successor Should Be Jaguar, once a symbol of masculinity, faces criticism after its rebranding and reveals new electric car renderings based on the XJ.
Delta Ranks 3rd for On-Time Flights, and the 1st Place Goes to… Aeroméxico tops global on-time departure rates at 87%, followed by Saudi Arabian Airlines at 86%, amidst industry challenges.
China's Semiconductor Domination: How EV Makers Are Turning to Homegrown Chips China is boosting domestic semiconductor production for EVs, aiming for self-sufficiency to reduce reliance on foreign suppliers.
Volkswagen Data Breach Exposes 800,000 EV Owners’ Personal Info for Months Volkswagen's Cariad software unit faced a major data leak, exposing personal data of 800,000 electric vehicle owners for months.
Honda and Nissan Merger: Will It Create a Giant or Face Stumbling Blocks? Concerns grow over the Honda-Nissan merger, with doubts about synergies, competitiveness, and adapting to the 21st-century auto industry.
Chinese Brands Soar: BYD Tops November Vehicle Registrations, Outpaces Volkswagen BYD leads China's passenger vehicle registrations in November 2024, surpassing Volkswagen, with 11 domestic brands in the top 20.
U.S. Steel Warns of China’s Growing Power If Nippon Steel Deal Falls Through U.S. Steel warns that failing to acquire Nippon Steel could weaken the U.S. steel industry against China, impacting jobs and investments.
Genesis GV80 Breaks Sales Record, Solidifying Its Position in South Korea’s Luxury SUV Market Genesis GV80 sets sales record in South Korea with 36,810 units sold in 2023, boosted by new models and a premium facelift.
Hybrid Cars are 'Road to Hell' for Automakers, Warns Former Aston Martin CEO Andy Palmer warns car makers that focusing on hybrids delays EV transition, risking competitiveness against Chinese automakers.
Disappointing Reception of 'Squid Game 2' Sends Stocks Plunging After the release of 'Squid Game 2', related stocks plummeted due to mixed reviews and disappointing performance from key actors.
Turkish Airlines Now the World’s Largest Airline by Country Reach, According to Guinness Turkish Airlines has been recognized by Guinness World Records for flying to the most countries, achieving 120 destinations in the last year.
Tesla Sales in South Korea Skyrocket, Expected to Top 100,000 by 2025 Tesla's sales in South Korea are surging, with expectations to exceed 100,000 units by mid-2025, despite increasing competition from BYD.
China’s Semiconductor Industry Under U.S. Investigation with Heavy Sanctions Expected The U.S. launches an investigation into China's semiconductor market practices, focusing on general-purpose chips' impact.
Honda and Nissan to Create World’s 3rd Largest Auto Group—What It Means for the Global Market Honda and Nissan are discussing a merger to form a new holding company, aiming to enhance competitiveness amid industry transformation.
Toyota to Build First Fully-Owned EV Plant in Shanghai by 2027 Toyota plans to build its first wholly-owned EV plant in China, focusing on Lexus production to enhance competitiveness by 2027.
Russia’s New Electric SUV: The Kama Atom—A Bold Step Forward with Chinese Tech The Kama Atom, a new Russian electric SUV, aims to revive the auto industry by integrating Chinese technology and design influences.
Diesel Vehicles Lose Ground in Europe – Will 2025 Be the Final Blow? European diesel vehicle sales decline continues, with market share dropping to 13.1% amid rising battery-electric vehicle sales.
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