automotive business News
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- Coscharis Motors Unveils Exclusive Easter Promotional Campaign Featuring Significant Price Reductions Across Luxury Automobile Portfolio
Published: Apr 4, 2026
Section: Africa
Leading Nigerian automotive dealer Coscharis Motors has launched a month long Easter value initiative offering up to 10% discounts on premium vehicle brands. The campaign includes...
- Stellantis, Toyota, and Subaru Exit Tesla-Led EU Carbon Credit Pool for 2026
Published: Mar 4, 2026
Section: Companies & Industry
EU filings reveal that major automakers Stellantis, Toyota, and Subaru have opted out of the 2026 Tesla-led carbon credit alliance. The move comes amid eased European Commission em...
- The Million-Unit Club: 4 Automakers That Dominated U.S. Sales in 2025
Published: Feb 27, 2026
Section: Companies & Industry
The final sales data for 2025 reveals that only four automotive entities managed to cross the elite threshold of one million vehicle deliveries in the United States. Despite a year...
- The Genesis Breakthrough: Establishing a Distinct Luxury Identity in a Crowded Market
Published: Feb 27, 2026
Section: Companies & Industry
Genesis, the luxury division of the Hyundai Motor Group, has achieved a critical milestone that has eluded other Japanese luxury pioneers like Lexus, Infiniti, and Acura: the creat...
- The Brand That Never Was: Why SsangYong Failed to Conquer the American Market
Published: Feb 27, 2026
Section: Companies & Industry
SsangYong, once South Korea’s third-largest automaker, has long been a subject of "what if" scenarios regarding the North American market. Despite multiple announcements, concept r...
- Audi Poaches Lamborghini Technical Chief to Lead New Performance Era
Published: Feb 27, 2026
Section: Companies & Industry
In a significant leadership shake-up within the Volkswagen Group, Audi has appointed Rouven Mohr, the former Chief Technical Officer of Lamborghini, as its new Head of Technical De...
- Rimac Technology Appoints New CEO as Founder Shifts Focus to Group Strategy
Published: Feb 27, 2026
Section: Companies & Industry
Rimac Technology, the engineering and high-performance component arm of the Rimac Group, has announced the appointment of Antony Sheriff as its new Chief Executive Officer. This le...
- Stellantis Faces Financial Reckoning With Record $26.2 Billion Loss in 2025
Published: Feb 27, 2026
Section: Companies & Industry
Stellantis, the global automotive conglomerate behind brands such as Jeep, Ram, and Dodge, has reported a catastrophic net loss of €24.4 billion (approximately $26.2 billion) for t...