News
Record EV Sales in Europe Driven by Surging Petrol Prices in March
4+ day, 8+ hour ago (440+ words) High petrol prices in Europe, triggered by the Iran war, sparked record EV registrations in March'especially in Europe'with global EV sales rebounding for the first time this year, per Benchmark Mineral Intelligence data. April 14 (Reuters) - High petrol prices in Europe…...
Why Global Supply Chains Are Becoming Smarter, Faster, and More Resilient
3+ day, 9+ hour ago (187+ words) Technology is playing a central role in this transformation. Advanced analytics, artificial intelligence, and Internet of Things (Io T) solutions are enabling businesses to monitor supply chains in real time. These tools provide visibility into inventory levels, shipment status, and potential…...
BMW deliveries slide in Q1 as China, US weakness outweighs Europe
3+ day, 22+ hour ago (238+ words) BMW's global deliveries dropped 3. 5% in Q1 2026 to 565, 748 units as weak demand in China and the U. S. offset European growth, despite BMW outperforming Mercedes in the U. S. and broader industry trends pointing to regional challenges. April 14 (Reuters) - BMW reported a 3. 5% drop in global deliveries…...
Volkswagen Deliveries Fall 4% in Q1 2026 Amid China and US Weakness
4+ day, 22+ hour ago (337+ words) Volkswagen's global deliveries slipped 4% in Q1 2026, with China down 15% and North America dropping 13%, as weakening demand in key markets weighed on performance. BERLIN, April 13 (Reuters) - Volkswagen reported a 4% fall in global deliveries in the first three months of 2026, as weak demand…...
Daimler Truck Q1 Sales Down 9% as North America Demand Falls
1+ week, 22+ hour ago (228+ words) Daimler Truck's Q1 2026 unit sales dropped 9% year'on'year to 68, 849 vehicles, driven by a steep 25% plunge in North American deliveries. U. S. tariffs'specifically a 25% levy introduced in November'are expected to further dampen demand through 2026. April 10 (Reuters) - Daimler Truck, one of the world's largest truckmakers, on…...
Porsche Deliveries Drop 15% in Q1 2026 Amid Weak China, US Markets
1+ week, 22+ hour ago (361+ words) Porsche's global deliveries dropped 15% in Q1 2026 to 60, 991 units, hit by a 21% slide in China and a 10% drop in North America amid fading EV incentives; only Germany grew (+4%), while rest of Europe plunged 18%. BERLIN, April 10 (Reuters) - Porsche AG's deliveries slumped further in…...
UK New Car Sales Rise 6% in March, BEVs Hit Record High " SMMT Data
1+ week, 4+ day ago (528+ words) UK new car registrations rose ~6% in March 2026, with BEV volumes hitting a monthly record and capturing ~23% of the market'though still well below the 33% target. Rising energy costs tied to the Iran conflict are adding consumer uncertainty. April 7 (Reuters) - Britain's market…...
Tesla Sales in Portugal Fell 1. 7% in March Amid Rising EV Market - Global Banking & Finance Review
2+ week, 2+ day ago (30+ words) Tesla Sales in Portugal Fell 1. 7% in March Amid Rising EV Market'Global Banking & Finance Review" Get the latest news and updates from our team. Global Banking & Finance Review"...
Daimler Truck to Open Mercedes Truck Production Site in Czech Republic
2+ week, 3+ day ago (412+ words) Daimler Truck will invest a low- to mid'three'hundred million'euro sum to build a new Mercedes'Benz Truck assembly plant in Cheb, Czech Republic, with capacity for 25, 000 units annually and over 1, 000 jobs, shifting production from Woerth (Germany) and Aksaray (Turkey). PRAGUE, March…...
Volvo Cars to Import Lynk & Co Vehicles to Europe in Geely Deal
2+ week, 4+ day ago (257+ words) Volvo Cars will become the importer of Lynk & Co vehicles in Europe, under a memorandum of understanding with parent company Geely Auto. The deal leverages Volvo's dealer network and logistics to support Lynk & Co's expansion across multiple European markets. STOCKHOLM,…...