Industry
Gasoline sales on the exchange increased by 69%, but fell again a few days later
Interruptions in refinery operations once again limited supply
Geely Cityray production to transition to full cycle at Belgee plant: timeline announced
Currently, the crossover is assembled using the semi-knocked-down method, but the enterprise is already manufacturing the necessary production equipment for a new stage of localization
China is becoming less dependent on oil: electric vehicles are already displacing about 1 million barrels per day
The rapid transition to electric transport is becoming not only an automotive trend, but also a tool to reduce dependence on fuel imports
Germany's Oldest BMW Dealer Files for Bankruptcy: Wahl Group Keeps 31 Dealerships Open
The car group from Siegen initiated restructuring proceedings after falling sales and rising costs, putting about 1,000 jobs at risk
Mercedes-Benz Wants to Reduce Production Costs in Germany: Workers Offered More Hours for the Same Pay
The company is increasing cost pressure amid expensive domestic production while expanding its plant capacity in Hungary
Volkswagen to halve its model range and cut 50,000 jobs: betting on more expensive technologies
By 2035, the concern wants to reduce the number of equipment options by 75%, directing resources to the most in-demand cars
A truck factory will be built in Buryatia for 12 billion rubles: the first electric vehicles are planned to be assembled in September
Its full capacity is planned to be reached by 2036
China gradually phases out EV benefits: batteries are already being taxed
The current rate is 2%, and from September 2027, it will increase to 4%
Volkswagen may abandon SEAT by 2029: the Spanish brand will give way to Cupra
The concern has to cut costs and at the same time reduce the number of overlapping brands and models
Xiaomi to Start Selling Cars in Germany in 2027: Company Finds Eight Major Dealers
The Chinese giant is officially preparing to enter the European automotive market
Volkswagen prepares to halt production at four German plants: production to be moved to other European countries
Car production in Emden and Zwickau could end in 2031, in Hanover in 2032, and at the Audi plant in Neckarsulm in 2034
In Norway, 98.7% of new passenger cars were electric vehicles
This is the best monthly result on record
Honda and Nissan to Merge Automotive Software: First Cars with Shared Electronics to Appear in 2029
After failed merger talks, Japanese auto giants found a new point of cooperation
New Transmission Plant for Russian Trucks to Be Built Near Saratov
The enterprise promises to be a highly automated and digital production facility
The car market revived by the end of summer, but a fall growth is still far off
In the last week of August, sales of new cars in Russia slightly increased, but compared to last year, the market is still in the red