Category : Automotive
4,000 Ford jobs at risk in Europe due to EV market struggles
MENA Newswire News Desk: Ford Motor Company has announced plans to reduce its European workforce by approximately 4,000 positions by the end of 2027, attributing the decision to softer-than-anticipated demand for electric vehicles (EVs) and mounting competition in the automotive market. The cuts will predominantly affect operations in Germany and the United Kingdom,......
BMW Motorrad debuts F 450 GS with powerful twin-cylinder engine
MENA Newswire News Desk: BMW Motorrad has unveiled the BMW Concept F 450 GS, a near-production prototype that aims to expand the iconic GS series to include a 48 hp model suited for A2 license holders. Positioned between the existing BMW G 310 and the F 800/900 models, the F 450 GS aims......
China warns of retaliation as EU enforces tariffs on electric vehicles
The European Union moves ahead with tariffs on Chinese electric vehicles despite opposition from Germany, risking potential retaliation from China in the bloc's biggest trade clash in a decade....
Volvo retreats from full electric vehicle goal, adjusts 2030 target
MENA Newswire News Desk: Sweden’s Volvo Cars has decided to backtrack on its ambitious goal of selling only electric vehicles (EVs) by 2030, citing a need for flexibility in response to market conditions and slowing demand. The automaker, owned by China’s Geely Holding, had previously committed to transitioning its entire lineup to EVs by the......
US ramps up electric vehicle infrastructure with new funding
The U.S. government is pushing forward with a significant expansion of its electric vehicle (EV) charging network, announcing a substantial $521 million in grants aimed at enhancing the nation’s infrastructure. This funding initiative, part of a broader effort by the Biden administration, will introduce over 9,200 new EV charging ports across various......
Luxury meets performance in Mercedes-Maybach’s latest model
Mercedes-Maybach has unveiled the SL 680 Monogram Series, marking a significant addition to its luxury lineup with the launch set for spring 2025 in Europe. This sporty two-seater combines the distinctive elegance and craftsmanship expected of Maybach with a uniquely dynamic driving experience, encapsulating the brand’s philosophy of luxury and performance.......
Ford Performance launches Raptor T1+ with V8 power
Ford Performance has unveiled the new Ford Raptor T1+, a vehicle crafted to dominate the Dakar Rally and other challenging off-road competitions. The truck, which represents the zenith of the Raptor series, made its debut at the Goodwood Festival of Speed and is a product of the collaboration between Ford Performance and M-Sport Ltd. The Raptor......
South Korea’s auto exports soar to $37 billion in first half
South Korea’s automobile industry experienced a surge in overseas demand during the first half of 2024, achieving a record-breaking $37 billion in car exports. This figure represents a 3.8% increase from the same period last year, according to a report from the Ministry of Trade, Industry and Energy, as covered by Yonhap......
Porsche 4Kids holiday program returns with LEGO Technic collaboration
Porsche Museum is set to transform this summer as it hosts the Porsche 4Kids summer holiday program, featuring an exciting collaboration with LEGO® Technic™. This free annual event, scheduled from July 30 to August 18, 2024, offers children a unique blend of tradition and innovation, highlighted by the introduction of the LEGO Technic GT4......
Seventh generation BMW M5 combines luxury and power
The BMW M5 is set to redefine the high-performance sedan market as it launches into its seventh generation, marking a significant milestone with the integration of an electrified drive system for the first time in its 40-year storied history. The new M5 is powered by a bespoke version of the M HYBRID......