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Firm will build new plug-in hybrid pick-up truck "designed for off-road enthusiasts" at old Linares factory Spanish 4x4 manufacturer Santana has been revived with the backing of Chinese firm Zhengzhou Nissan , a joint venture of Nissan and Dongfeng. The firm went into liquidation in 2011.
Volkswagen and China’s SAIC have signed a deal extending their partnership to 2040. And this week, on the 40th anniversary of that original deal, the pair have signed up to extend their joint venture to 2040. The pair announced their recommitment to the joint venture 40 years after teaming up.
Taiwanese contract manufacturer Foxconn has revealed it’s close to inking deals with two Japanese car manufacturers to design and manufacture a pair of EVs. Foxconn will use its “contract design and manufacturing services (CDMS) business model” in the development of these new EVs.
This slump comes even as the German EV market overall grew by 39%, leaving plenty of space for other manufacturers to step in and take advantage. In the first quarter of 2025, the automaker logged just 4,935 new vehicle registrations in Germany, marking a staggering 62% drop compared to the same period last year.
” His comments were made on a general level not specific to one vehicle and before news of the Nissan and Foxconn model-sharing deals went official, but after reports of the latter surfaced in overseas media. “The other day, I was driving behind a Holden [Nova from the 1980s], with a Holden badge. .”
As the calendar year draws to a close, car dealerships roll out an array of enticing discounts and promotions, aiming to lure in customers looking for the best deals. As dealerships aim to clear their lots of older inventory, they often offer substantial markdowns, trade-in incentives, and financing deals to attract buyers.
Australian electric vehicle (EV) charging equipment manufacturer Tritium , which had pivoted to the US market, has declared itself insolvent. But in November 2023 it announced it would shutter its Brisbane facility to consolidate manufacturing operations at its Lebanon, Tennessee plant in the US.
The European Union is about to approve changes to its CO2 emissions compliance rules for car manufacturers, which could save them billions of euros in fines. Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now.
Several key factors are making life tough for UK car manufacturers right now. Brexit Complications Havent Helped Since leaving the EU, UK car manufacturers have been dealing with extra tariffs, supply chain disruptions, and shifting trade rules. These constant changes have left both manufacturers and consumers confused.
billion) order for EV battery cells from Swedish manufacturer Northvolt, four years after the deal was first announced. In July 2020, BMW signed a supply deal with Northvolt and expected to receive the first battery cells this year. The Swedish battery maker was founded in 2016 by two former Tesla executives.
More: Tesla Vows To Prosecute Vandals Over Swastikas, But Owners Have Little Recourse According to data from the European Automobile Manufacturers’ Association (ACEA), Tesla sold 9,945 units in January 2025, down from 18,161 in January 2024. The drop was especially severe in Germany , where sales fell by 59.5%
The company was founded in 2022 out of the Amazon founder’s investment in another company called Re:Build Manufacturing, and is relatively unknown, especially compared to other high-profile start-ups. billion into the EV maker, which has signed a deal to supply the retail giant with delivery vans. Lead image Amazon
By pooling development and manufacturing resources, the thinking goes, these companies could become more competitive, especially against agile private-sector brands. If that happens, the merged entity could surpass BYD and become China’s largest EV manufacturer, a significant shift in the landscape. million.
In the Autumn Budget the new Government declared a £2bn investment to support the UK automotive manufacturing industry in making the switch, on top of £120m support for businesses to purchase of new electric vans via the plug-in vehicle grant and a range of taxation incentives too. respectively,” he begins.
The deal gives Stellantis the right to sell Leapmotor vehicles across Europe. Through its joint venture with the Chinese company, Stellantis holds a controlling 51% stake, giving it exclusive rights to manufacture, sell, and export Leapmotor EVs beyond China’s borders.
. “There is a possibility that the upper universal joint on the steering intermediate shaft assembly was manufactured with cracks at a supplier. 100s of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now.
100s of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. According to respective manufacturer websites, three years worth of servicing on a SR5 HiLux will set owners back $1830, while the same schedule for the equivalent Ford Ranger 3.0-litre Browse now.
Analysts from UBS have questioned VW’s investments in Scout after inking a software deal with Rivian. Volkswagen says it remains committed to reviving the Scout brand despite recently inking a $5 billion deal with Rivian to develop next-generation electrical architecture and software technologies.
Brabus has chosen Australia for its bespoke manufacturing program with local luxury car distributor, Zagame. In a world first, German company Brabus and Zagame have launched a personalisation program in Australia to manufacture custom vehicles locally as a Stage 2 OEM (Original Equipment Manufacturer).
But as with any lease deal, prospective drivers often ask: Is this VW Atlas Cross Sport lease deal decent? We will also provide insights on how to evaluate lease deals, enabling potential customers to make an informed decision. Current Lease Offers: Whats on the Table? Mileage Limits Understand the lease’s mileage cap.
100s of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Under the scheme, carmakers will be issued credits or monetary fines based on their CO2 tailpipe emissions targets for new passenger and light-commercial vehicles sold in Australia.
” Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. . “Material being propelled into an occupied vehicle may cause injury.” Browse now.
Renault will instead be assisted by the unnamed Chinese manufacturing outfit, which is understood to be a supplier rather than a car maker. “I The two firms had been evaluating the prospect of co-developing their respective entry-level city EVs.
100s of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. When we went to Skywell back in 2017, we went knocking on doors with hundreds of manufacturers asking if they’d build us a right-hand drive vehicle. ‘No, per cent duty tax on all vehicles imported to the US.
Both EV and ICE buyers say not having smartphone mirroring is a deal-breaker. The McKinsey & Co study reveals that among all global car buyers, 30% of those in the market for an EV and 35% of those looking to buy a combustion car say not having Apple CarPlay or Android Auto is a deal-breaker. This sentiment is shared in the U.S.,
Other changes to the board include Guillaume Cartier adding marketing and customer experience to his role as chief performance officer, Eiichi Akashi, currently head of vehicle component engineering, becoming chief technology officer, and Teiji Hirata stepping up to be head of manufacturing and supply chain management. Browse now.
Foxconn is eager to expand its footprint in the automotive manufacturing sector. Just days after reports emerged that Taiwanese contract manufacturer Foxconn was close to finalizing deals with two Japanese automakers, unnamed sources report that Mitsubishi is one of the firms involved.
The design proved unstable and manufacturing too complex for production, but the thinking was spot on. Factorial also has deals in place with Stellantis and Hyundai , which bodes well for more affordable cars too.
The new brand is the result of a tie-up between JLR and its long-term manufacturing partner in China, Chery, which will engineer the cars using its own electrified platforms. As such, Cherys REx technology is likely to have been particularly attractive to JLR when the deal was brokered.
Robert Forrester, CEO of Vertu Motors, said: “We have long admired the Burrows business and are delighted to have completed this acquisition creating further scale for the Group with key Manufacturer Partners. The deal includes £17.6m in respect of freehold properties and a £4m goodwill payment.
While the design of the car was led at Nissan s European design centre in London, the car will be manufactured by Alliance partner Renault in Douai, France, and will share its CMF-BEV platform and technical underpinnings with the 5.
It was introduced in 2001 as a way to protect local vehicle manufacturing, but no vehicles have been produced en masse in Australia since Ford shuttered its operations in 2016, and Holden and Toyota followed a year after. litres per 100km), at a rate of 33 per cent for every dollar above the threshold.
The deal was advised on by Castle Square Corporate Finance and Freeths, with funding from Barclays. Josh Stokes from the Castle Square Corporate Finance team provided advice on transaction value, structuring, manufacturer approval and the fundraising process, supported by Director Kevan Shaw.
Within this average, however, Thomas King pointed out there is a great deal of variability between manufacturers. King projected this asymmetry will create an imbalance even within the brand portfolios of individual manufacturers. How will manufacturers, dealers and shoppers respond? That landscape prompted this question.
Due to a manufacturing issue with the side airbag mounting sensors, forceful closing of the driver or passenger door may cause unintended vibration of the mounting frame. 100s of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now.
Brembo, the world-renowned specialist in brake systems, has acquired a 100% stake in Ohlins Racing, one of the leading manufacturers of high-performance suspension systems for motorcycles and cars. Öhlins has a long and rich history in motorsport too, in particular in MotoGP and World Superbike.
100s of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. ” Rotary power is synonymous with Mazda the unique powertrain design featured in sports cars birthed by the Japanese manufacturer from the 1960s right up until 2012. .” Browse now.
The manufacturer has launched a new Power Promise, giving every buyer of one of its EVs a free home charger with home energy credit from Octopus Energy to cover up to 10,000 miles. While the deal is largely focused around the free charger, people who dont want one or cant have one installed will instead receive 500 in credit.
100s of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. EV giant Tesla has cooperated with the European Commission’s investigations into Chinese brands receiving assistance from their home government, with its tariff rate the lowest of any manufacturer at 7.8
The group is reportedly trying to court Tesla as a strategic investor as it believes the electric vehicle (EV) manufacturer will want to acquire Nissans US plants. Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now.
100s of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. The IIHS says “it’s not clear” why the CR-V and CX-5 struggled with the dummy’s reflective strips or how many other manufacturers’ systems also face the same limitiations.
Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Mitsubishi will introduce an EV sourced from Foxtron, manufactured in Taiwan by Yulon Motor, during the second half of 2026. Browse now. Its expected to be based on the Model B, a 4.3m-long
Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Scrap the subsidies, and while you’re at it, scrap the import taxes that were designed to protect an already failing local manufacturing industry. Browse now.
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