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FCA raises concerns over insurers’ valuation of written-off or stolen vehicles

The UK's Financial Conduct Authority (FCA) has revealed that some insurance companies may not be offering fair valuations for customers' …

Explainer: the path to net zero emissions in automotive

In the auto sector, most OEMs aim to reach net zero by 2050, but emissions reporting and standards remain weak. …

Chinese firm acquires European flying car technology for undisclosed amount

A Chinese firm has acquired the technology behind a groundbreaking flying car originally developed and successfully test-flown in Europe, according …

China’s BYD poised to overtake Tesla in EV sales by end of 2024

Analysts foresee China's BYD potentially surpassing Tesla in battery electric vehicle (BEV) sales by the close of 2024. This development …

Baltimore disaster: GM, Ford to reroute shipments

Major US automakers GM and Ford will reroute their affected shipments following the collapse of Baltimore’s Francis Scott Key bridge …