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Tesla’s electric vehicle sales halved in Europe

Tesla's electric vehicle sales in the European Union dropped by half in April, while Chinese manufacturers gained ground during the same period, according to data released on May 27 by industry sources. The sharp decline is attributed to the controversial stance of Tesla’s CEO, Elon Musk, particularly......

Ford Raises Prices on Mexico-Made Models amid US Tariff Impact

Detroit, May 7— Ford Motor Company has announced a price increase for three of its vehicle models manufactured in Mexico, effective from May 2. This move makes Ford one of the first major automakers to raise prices in response to new tariffs imposed by U.S. President Donald Trump. According to......

Stellantis Halts 2025 Outlook amid Tariff Uncertainty

Stellantis, the multinational company behind brands such as Jeep, Ram, Opel, and Dodge, has suspended its 2025 financial forecast due to rising concerns over shifting tariff regulations. Despite reporting a 14% year-on-year decline in revenue for the first quarter falling to €35.8 billion ($40.7......

The Rush to Buy Cars in Detroit Amid Tariff Concerns

The looming auto tariffs imposed by U.S. President Donald Trump are driving a surge in car sales in Detroit, as consumers rush to buy vehicles before potential price hikes. Jerry Chen, who recently purchased a Toyota Highlander with his family, is among those who decided to buy sooner than planned, fearing......

Trump’s tariffs on Chinese parts halt Tesla’s Cybercab and Semi plans

Tesla’s plans to import components from China for its new Cybercab and Semi electric truck models have been put on hold due to rising tariffs imposed by former President Donald Trump, according to a source familiar with the matter. These tariffs, introduced as part of an ongoing trade war with......

Nissan to cut production of top-selling U.S. model amid tariff impact

Nissan is set to reduce production of its top-selling U.S. model, the Rogue SUV, at its Kyushu plant in Japan between May and July, according to an informed source. This move comes as the company adjusts to the impact of new U.S. import tariffs, following President Donald Trump’s decision to impose......

BYD surpasses Tesla in electric vehicle sales through innovation and competitive pricing

In a significant milestone for the electric vehicle (EV) industry, Chinese automaker BYD has overtaken its American rival Tesla in revenue for the year 2024. Reporting an impressive revenue of $107.2 billion, BYD has outpaced Tesla, which announced earnings of $97.7 billion. This pivotal moment marks......

Tesla Faces Decline in European Sales Amid Growing Backlash Against Elon Musk

Tesla’s sales in Europe experienced a significant drop of 49 percent in the first two months of 2025 compared to the same period in 2024, according to the ACEA manufacturers’ association. This decline can be attributed to several factors, including the aging of Tesla’s vehicle models.......

The most reliable cars to buy in 2025: Expert insights from EpicVIN

In 2025, the demand for reliable vehicles is more pronounced than ever, with consumers prioritizing durability, fuel efficiency, and modern safety features. As buyers navigate the complexities of the automotive market, thorough research and vehicle verification have become essential steps toward ensuring......

Tesla's Cybertruck faces sales headwinds despite incentives

Tesla's ambitious Cybertruck is encountering significant market resistance, prompting the company to introduce multiple sales incentives for its distinctive electric pickup. Initially generating over 2 million expressions of interest during its 2019 unveiling, the actual market response since its......

Toyota expands electric vehicle investments in China and the U.S

Toyota, the Japanese automaker, has announced a strategic partnership with the city of Shanghai to enhance the development and production of electric vehicles (EVs) and batteries in China. As part of this collaboration, a new company will be established in Shanghai’s Jinshan district, with plans......

Auto Industry Adjusts Production Strategies Amid Tariff Concerns

LAS VEGAS, Jan 9 – Global automotive suppliers are reassessing their production strategies to move operations closer to or within the United States in response to potential tariff increases announced by President-elect Donald Trump, as discussed by industry leaders at CES in Las Vegas. The auto......

Jaguar Unveils Bold New Electric Vehicle Emphasizing Fearless Creativity

Jaguar’s design leader has described the brand’s new electric car as a testament to “fearless creativity” following its unveiling, which has sparked both excitement and controversy. The vehicle, part of a broader rebranding initiative, represents a major departure from the brand’s......

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