Smart Cars
Porsche SE Clarifies – No Plans for Volkswagen Equity Divestiture
March 17, 2025 – Porsche SE, the holding company of the prestigious automaker, is rumored to be contemplating the sale of a portion of its stake in Volkswagen (VW), according to a report by German newspaper Bild on March 16. The potential move aims to unlock funds for alternative investments. However, Porsche SE issued a…
Tesla Struggles in Germany as 94%+ of Surveyed Consumers Say ‘No’
March 16, 2025 – A recent survey involving over 100,000 Germans has revealed a stark decline in interest for Tesla vehicles, with a staggering 94% of respondents indicating they would not consider purchasing a Tesla. This finding adds to the company’s growing challenges in Europe, a crucial market where its sales have already been on…
Tesla Denies Current Collaboration with Baidu on Enhancing FSD
March 14, 2025 – According to a report by Reuters yesterday, Tesla is collaborating with Baidu, which has been supplying navigation maps to Tesla since 2020, to enhance the performance of its FSD driving assistance system. However, Tesla responded to Tencent Technology, stating that there is no relevant news at the moment. Citing informed sources,…
Renault’s Luca de Meo Urges European Auto Industry to Emulate China’s Success
March 12, 2025 – Luca de Meo, CEO of the Renault Group, recently made a public appeal in an article titled “What the Chinese Have Taught Us” published by French newspaper Ouest-France. De Meo emphasized the need for Europe to change its mindset and learn from China in the automotive industry, given China’s strong development…
Musk Continues Fight for $56 Billion Tesla Pay Package in Appeals Court
March 12, 2025 – According to Reuters, Elon Musk has officially filed an appeal on Tuesday local time, seeking to reinstate his $56 billion Tesla compensation package. In January 2024, Chancellor Kathaleen McCormick revoked the stock option compensation plan, citing its “unimaginable magnitude”. She deemed it unfair to Tesla shareholders, arguing that the board members…
Mercedes-Benz Embraces Hesai Lidar for Global Vehicle Development
March 12, 2025 – In a recent revelation shared with Reuters, a well-informed source has disclosed Mercedes-Benz’s ambitious plan to roll out autonomous vehicles equipped with lidar sensors manufactured by Chinese company Hesai Technology for the global market. This marks a pioneering move by a foreign automaker to incorporate such Chinese-made technology into models sold…
Audi R8 Set to Return in 2027 with a Plug-in Hybrid System
March 11, 2025 – Audi is gearing up for the triumphant return of its R8, which is set to make a comeback as a plug-in hybrid supercar. This new iteration promises to be the most powerful and fastest production model in Audi’s lineup. According to a report by Autocar, the revamped R8 is slated for…
South Korea’s Automobile Production Falls to Seventh in Global Rankings, Surpassed by China, US, Japan, India, Germany, and Mexico
March 11, 2025 – According to a report released today by the Korea Automobile Manufacturers Association, domestic car production in South Korea fell by 2.7% to 4.13 million vehicles in 2024, pushing the country down to seventh place in global rankings. The report revealed that South Korea was surpassed by China, the United States, Japan,…
Tesla to Halt New Model S and Model X Supplies in Japan from March 31
March 7, 2025 – Tesla Japan’s official account announced today that production of Model S and Model X vehicles for the Japanese market will cease from March 31st. From April 1st onward, only inventory and used cars will be available for sale locally, and new custom orders will no longer be accepted. Earlier this year,…
BBA’s Fierce Advertising Rivalry Continues as Audi Strikes Again”
March 5, 2025 – According to a report by motor1 today, Audi has staged a clever marketing stunt on social media. On its official Facebook account in Bangladesh, a post featuring the iconic G-Class off-road vehicle from Mercedes-Benz has garnered attention. At first glance, it seems like an odd and inappropriate choice, but there’s a…