Hyundai achieves record September sales in the US, exceeding 71,000 vehicles. Despite some model declines, overall sales rose 14%. New Palisade and expanding N division promise future growth. Best third quarter.
Lamborghini extends V-12 engine production beyond 2030, shifting EV plans to plug-in hybrids for Urus and first EV. Cites engine responsiveness as key trademark amidst evolving regulations.
Industrial EV adoption remains low, especially in fleets. Tax credit removals hinder progress, impacting the used car market and overall U.S. EV adoption. Cost and infrastructure are key barriers.
Dacia is developing an electric Duster, previewed in December. It will likely use the CMF-BEV platform. The Duster EV's arrival follows the Sandero EV in 2027 and Spring replacement in 2026. All-wheel drive is crucial for its image.
Faraday Future plans cheaper EVs like FX4, targeting Tesla Model Y. Despite low sales and financial struggles, FF aims for fleet orders and China production, but doubts persist about profitability.
Antonio Filosa becomes Stellantis CEO, facing challenges like electric vehicle transition, battery gigafactory issues, rising energy costs, and competition amidst Europe's evolving automotive landscape.
Volkswagen Group is reportedly preparing Italdesign for a sale. The Italian design firm, responsible for iconic cars, faces potential cuts amid VW's financial restructuring. Due diligence is underway.
Tesla hints at budget-friendly EVs, possibly a stripped-down Model Y, amidst production line constraints & financial challenges. Aims for sub-$30,000 price, critical for regaining market share.
GM pauses BrightDrop van production. Tariffs may significantly increase auto costs. Waymo robotaxis gain popularity via Uber in Austin, signaling autonomous vehicle growth. Structural change ahead.
