Sunday, 1 November 2026

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Business

303 pieces in the archive

  1. Hyundai and Genesis to launch 41 new cars in Europe by 2030

    Hyundai Motor and its Genesis premium division will launch 41 new or refreshed models in Europe by 2030, targeting more than 420,000 annual EV sales and …

    · 4 min

  2. Six EU countries demand windfall tax on oil companies

    Six EU member states are calling for a windfall tax on oil companies, arguing that profit margins are rising faster than oil prices while motorists face …

    · 5 min

  3. Volkswagen workers jeer CEO Oliver Blume over mass layoff plans

    Volkswagen CEO Oliver Blume faced boos and whistles from staff as he outlined a major restructuring that could see tens of thousands of jobs cut, with …

    · 3 min

  4. Toyota Corolla 60th Anniversary Edition Marks 57 Million Sales Worldwide

    Toyota has unveiled a special edition Corolla to celebrate 60 years of the model, which has sold more than 57 million units since 1966.

    · 3 min

  5. Lincoln brings back the Corsair as a pricier Chinese import

    Lincoln has unveiled the facelifted 2027 Corsair Hybrid, now built in China, with a $7,310 price increase and a 305 hp powertrain. The move reverses an …

    · 3 min

  6. Timur Artemev’s fortune began with an exit he did not freely choose

    Euroset’s quieter co-founder was pushed out of Russia by the 2008 law-enforcement confrontation around the company. He then redirected his capital into longevity science, Moon Express, …

    · 7 min

  7. Lamborghini CEO Dismisses Chinese Electric Supercars as Lacking Emotion

    Lamborghini's CEO says Chinese electric supercars cannot match the emotion and sound of its models, even as rivals like Great Wall Motors develop combustion-powered alternatives.

    · 3 min

  8. Hyundai Palisade High Roof Brings Private Jet Headroom to the Flagship SUV

    Hyundai has updated the Korean-spec Palisade for 2027, introducing a High Roof variant with 240mm of extra headroom, plus new Black Ink and XRT trims.

    · 3 min

  9. Ford to Build New SUV on Geely Platform at Spanish Plant

    Ford will produce a new compact crossover using Geely's GEA platform at its Valencia factory, with production starting in 2028. The model will feature multi-energy drivetrains …

    · 3 min

  10. Chinese carmakers could build 1.5 million vehicles a year in Europe by 2035

    Chinese car brands are set to manufacture around 90,000 vehicles in Europe this year, with forecasts suggesting that figure could reach 1.5 million annually by 2035. …

    · 3 min

  11. Tesla to inaugurate Nevada Semi factory next month

    Tesla has announced it will officially open its new Semi factory in Nevada next month, a facility designed to build 50,000 electric trucks per year. The …

    · 4 min

  12. Hongqi to Enter Australian Market with SUVs in 2027, Flagship Sedan Priced at AU$1.5 Million

    Hongqi, the Chinese state-car brand favoured by Mao Zedong, will launch in Australia in the first half of 2027 with three SUVs. Its flagship Guoli sedan …

    · 4 min

  13. Chinese Automakers Flood Market With 542 New Models in Five Months

    Chinese automakers released 542 new models between January and May, prompting industry executives to warn the pace is unsustainable as domestic sales slump and profits fall.

    · 3 min

  14. BMW M2 CS becomes first CS model sold in Argentina

    BMW has launched the M2 CS in Argentina, marking the first CS-badged model sold locally. Priced at $189,900, the limited-run coupe is nearly 50 percent more …

    · 3 min

  15. Volvo expands long-range plug-in hybrids as UK EV demand slows

    Volvo UK will expand its plug-in hybrid line-up with longer electric-only ranges, responding to slower-than-expected EV adoption and calling for a review of ZEV mandate targets.

    · 3 min

  16. US–Canada Trade Deal Collapses as Auto Tariff Dispute Splits Negotiators

    Automakers on both sides of the border face 50% tariffs on roughly $20 billion in Canadian exports after light and heavy vehicle rules derailed the US–Canada …

    · 6 min

  17. Porsche Denies Plans to Discontinue Taycan in the Short Term

    Porsche has denied reports that it plans to axe the Taycan by 2030, saying it has no plans to discontinue the electric sedan in the short …

    · 3 min

  18. Government promises fairer business rate valuations for pubs and hotels

    An independent review will examine how business rates are calculated for hospitality venues in England and Wales, following sharp bill increases after pandemic-era relief ended.

    · 4 min

  19. Fiat 500e named cheapest new car to run in America despite slow sales

    A new study finds the Fiat 500e is the most affordable new car to own in the US, with annual running costs of $3,557, despite selling …

    · 3 min

  20. BMW begins local assembly of its first electric sedan in India

    BMW has started producing the i5 Long Wheelbase at its Chennai plant, marking the company's first electric sedan assembled in India. The locally built model is …

    · 3 min