Freezes Big Company Investment-Mammoth «air» a new plant worth ECU 3 billion.
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Freezes Big Company Investment-Mammoth «air» a new plant worth ECU 3 billion.

Another huge investment in the car industry seems to be in a state of uncertainty because of the conditions prevailing in the car market. Over the past few years, more and more car manufacturers have been reviewing the plans they had presented in previous years for electrification, as the slowdown of the market, uncertainty about subsidies and the growing [...]

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Saab: The Last Act of Swedish Drama - Selling All Cars
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Saab: The Last Act of Swedish Drama - Selling All Cars

The once particularly popular and in our country Saab now throws final end titles, as it was announced that the latest models left of the company's property are coming out on the hammer. One of Europe's most historic car companies seems to be closing its last chapter permanently and symbolically after the announcement [...]

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Honda CEO for Chinese cars: "We don't have any. ..
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Honda CEO for Chinese cars: "We have no...

Honda CEO Toshihiro Mibe caused shock with his statement after visiting a supplier factory in Shanghai: "We have no hope against it". The Japanese company faces a serious crisis in China, with sales falling from 1.62 million units in 2020 to just 640,000 in 2025, while for 2026 they are expected to fall below 600,000. Honda uses only 50% of its capacity. Chinese manufacturers develop new models in two years or less, while traditional brands take twice as long.

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