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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 …
Targa Telematics launches new fleet management solutions
Targa Telematics, a provider of Internet of Things (IoT) and connected mobility solutions, has announced the launch of new fleet …
Fleet managers tackle misinformation surrounding EVs: AFP
The Association of Fleet Professionals (AFP) has highlighted a growing challenge for fleet managers as they combat misinformation surrounding electric …
Rising energy costs and labour rates pose challenges for global automotive industry: survey
New research commissioned by ABB Robotics and Automotive Manufacturing Solutions (AMS) reveals mounting challenges for the automotive industry, driven by …
Collapse of Baltimore bridge disrupts European carmakers’ US supply chain
The collapse of the Francis Scott Key Bridge in Baltimore has sent shockwaves through the US automotive industry, particularly impacting …
Lucid raises $1bn from Saudi Investment Fund
Lucid, a US-based luxury electric carmaker, has announced a significant milestone in its financial journey with the successful procurement of …
Shariah-compliant motor finance platform Ayan Capital launches in UK
Shariah-compliant car finance platform Ayan Capital has officially launched in the UK, catering to business, private hire vehicle (PHV), and public …
Alphabet on growth trajectory despite economic challenges
Amid a backdrop of economic turbulence in 2023 characterised by steep inflation and fluctuating market conditions, Alphabet has announced a …
ADIB partners with Tesla
Abu Dhabi Islamic Bank (ADIB), has announced the signing of an affiliate partnership agreement with Tesla. The new deal will …
UK used LCV values remain stable in February at BCA
Values for large commercial vehicles (LCVs) remained stable in February 2024 at BCA, a UK-based used vehicle business. This marked a …
Younger drivers lean towards car subscription services over ownership: Deloitte
A recent study conducted by Deloitte sheds light on shifting consumer preferences in the automotive industry, indicating a growing inclination …
Aston Martin appoints Adrian Hallmark as new CEO, Amedeo Felisa steps down
The Board of the ultra-luxury British car manufacturer Aston Martin has announced the appointment of Adrian Hallmark as its new …
UK roads to have up to 1.3 million EVs by 2025: New AutoMotive
New AutoMotive's 2024 State of the Switch report predicts a significant increase in electric vehicles (EVs) on UK roads by …
Hertz CEO resigns amid EV investment setback
Hertz CEO Stephen Scherr's departure from the rental car giant has underscored the challenges arising from the company's ambitious foray …