Elon Musk thinks Chinese electric car is likely to be second only to Tesla
Elon Musk thinks Chinese electric car is likely to be second only to Tesla
  • January 27, 2023

U.S. billionaire Elon Musk said that the Chinese automaker is likely to be Tesla's closest competitor, stressing that the company is now winning in China, CNBC reported. Tesla has a number of electric car competitors in China, including many...

Akio Toyoda to step down as president of Toyota
Akio Toyoda to step down as president of Toyota
  • January 26, 2023

Akio Toyoda, who headed the largest Japanese car concern Toyota Motor since 2009, will leave his post as president of the company, Toyota said on Thursday. Toyoda, 66, who is a grandson of the founder of the automobile concern, will take a position...

BMW presents M3 CS sedan with 550-horsepower engine
BMW presents M3 CS sedan with 550-horsepower engine
  • January 25, 2023

German company BMW introduced a new version of the sports sedan M3 with the designation CS (Competition Sport). According to a press service of the brand, mass production of the model will begin in March 2023. External distinguishing feature of the...

WSJ: Ford to sell plant in Germany to China's BYD
WSJ: Ford to sell plant in Germany to China's BYD
  • January 25, 2023

 Auto giant Ford is in talks with Chinese electric car manufacturer BYD Co to sell it one of its production facilities in Germany, writes The Wall Street Journal, citing sources. The company is going to do it due to financial problems. We're...

Nissan builds car with sneaker design
Nissan builds car with sneaker design
  • January 25, 2023

Nissan jointly with the manufacturer of sneakers New Balance has released a special version of the crossover Kicks in Japan, the appearance of which repeats the design of sports shoes, Japanese Nissan website reported. Car body coating recreates the...

Ford plans to cut up to 3,200 jobs in Europe, move some operations to US
Ford plans to cut up to 3,200 jobs in Europe, move some operations to US
  • January 24, 2023

Ford Motor plans to cut up to 3,200 jobs across Europe and move some product development work to the United States, Germany's IG Metall union said on Monday, vowing action that would disrupt the carmaker across the continent if the cuts go ahead,...

EU car sales in 2022 drop to lowest since 1993
EU car sales in 2022 drop to lowest since 1993
  • January 18, 2023

Car sales in the European Union rose 12.8% in December compared to the same month in 2021, while they fell 4.6% year-on-year to their lowest since 1993, the European Automobile Manufacturers Association (ACEA) said in a report. The rise was noted at...

Deputy Minister: It is necessary to facilitate work of refueling points for electric cars in Armenia
Deputy Minister: It is necessary to facilitate work of refueling points for electric cars in Armenia
  • January 16, 2023

It is necessary to facilitate the work of refueling points for electric cars in Armenia, Deputy Minister of Territorial Administration and Infrastructure Hakob Vardanyan said at the session of the National Assembly during the discussion of the bill...

Nissan updates exterior of GT-R sports car
Nissan updates exterior of GT-R sports car
  • January 13, 2023

Japanese company Nissan has presented updated sports car GT-R. Press-service of the brand reports about it. The new car will go on sale next spring. The car has a new grille, changed the front bumper and new running lights. The rear bumper has...

Taliban unveils prototype of Afghanistan's first-ever supercar
Taliban unveils prototype of Afghanistan's first-ever supercar
  • January 12, 2023

Afghan specialists of the ENTOP company have released a prototype of the country's first-ever supercar Mada 9, TV channel ToloNews reported. It took engineers five years to create the car. Since 2021 the Taliban movement has been in power in...

Tesla close to deal to build production facilities in Indonesia
Tesla close to deal to build production facilities in Indonesia
  • January 12, 2023

Tesla Inc is nearing a preliminary deal to build one million units of production capacity in Indonesia, Bloomberg News reported, citing sources. The country's investment minister confirmed talks with the world's most expensive automaker. Tesla makes...

Bentley sells record number of cars for year in its history
Bentley sells record number of cars for year in its history
  • January 11, 2023

The number of luxury cars sold by British automaker Bentley in 2022 exceeded 15 thousand. It is reported by Reuters citing the press service of the company. Compared with 2021, sales rose by four percent. It is known that then the number of cars...