-
Jaguar's new electric concept car, the Type 00, was unveiled at Miami Art Week, sparking mixed reactions. The vehicle's bold design, featuring a striking 'Miami Pink' color, aims to attract Generation Z but has faced criticism for its aesthetics and marketing approach. The production model is expected in late 2025.
-
Stellantis plans to close the Vauxhall van plant in Luton by April 2025, risking over 1,100 jobs. The decision follows declining demand for gasoline vehicles and a shift towards electric production, with operations moving to Ellesmere Port. This closure marks a significant blow to the local economy and the automotive industry in the UK.
-
UK car production has dropped significantly, with a 15% decrease in October compared to last year. The decline is attributed to weak demand for electric vehicles and the impending closure of Vauxhall's Luton plant, raising concerns about the future of the automotive industry in Britain.
-
As the market for used Teslas grows, potential buyers are assessing the value of pre-owned models. Meanwhile, electric vehicles (EVs) still struggle with range anxiety, despite increasing availability and improved technology. Experts highlight top EVs under $50,000 to ease consumer concerns.
-
Carlos Tavares has resigned as CEO of Stellantis, effective immediately, following a clash with the board amid declining sales and a profit warning. The company plans to appoint a new CEO by mid-2025 while establishing an interim executive committee led by chairman John Elkann.