EU softens 2035 ban on combustion engine vehicles
BRUSSELS, December 17, 2025: The European Union is set to ease its planned 2035 ban on the sale of new combustion engine vehicles after sustained pressure from automakers...
Tag : Automotive Industry
South Korea’s auto exports soar to $37 billion in first half
In 2024, South Korea's car exports reached a new high of $37 billion, driven by a surge in demand for hybrid models....
Ford adjusts EV strategy, reduces F-150 Lightning output
Ford reduces F-150 Lightning production, indicating a slowdown in EV demand and a major shift in its electric vehicle strategy....
Europe’s car sales dip in December amid EV market challenges
Europe faces a 3.8% decline in car sales in December, led by reduced interest in EVs and a significant 25% sales drop in Germany....