Surcar Europe

Toyota CEO Sato leads automaker to record profit, sales, production

8 May 2024 10:20 - Autonews

Toyota reported record quarterly sales and record profits, but warned earnings will retreat in the current year as it takes a break from hectic expansion and invests in next-generation EVs, software and AI.

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BMW sees costs, low used car prices weighing on 2024 pre-tax profit

8 May 2024 09:10 - Autonews

Quarterly pre-tax profit fell 18.9 percent to 4.1 billion euros ($4.40 billion).

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Despite Elon Musk's criticisms, Tesla might use lidar sensors after all

7 May 2024 23:45 - Autonews

Tesla is buying lidar sensors, according to Luminar Technologies, a development that marks an 180-degree turnaround from Elon Musk's earlier deriding of the laser-based sensors.

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Tesla confirms 'one day' shutdown at German factory

7 May 2024 23:27 - Autonews

Tesla has asked German employees to work from home on Friday when activitists plan to protest against expansion plans outside its factory near Berlin.

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North America, Europe must close EV battery supply chain gaps to compete with China, McKinsey says

7 May 2024 20:02 - Autonews

Developing regional supply chains is critical to lowering the cost of electric vehicles.

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Ferrari posts 13% rise in quarterly earnings amid flat deliveries

7 May 2024 14:57 - Autonews

Adjusted earnings before interest, taxes, depreciation and amortization climbed 13 percent in the period, to €605 million.

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Bentley builds out Mulliner Coachbuilt portfolio with Batur convertible

7 May 2024 13:30 - Autonews

Bentley will build just 16 examples of the exclusive convertible.

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Nio readies Onvo L60 mass-market car aimed at Tesla Model Y

7 May 2024 11:33 - Autonews

Nio will unveil the Onvo L60 by the end of this month and a second smaller Firefly-branded EV, priced at less than $30,000, is planned to go on sale in Europe next year, a company executive said.

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Industry News

Toyota CEO Sato leads automaker to record profit, sales, production

BMW sees costs, low used car prices weighing on 2024 pre-tax profit

Despite Elon Musk's criticisms, Tesla might use lidar sensors after all

Tesla confirms 'one day' shutdown at German factory

North America, Europe must close EV battery supply chain gaps to compete with China, McKinsey says

Ferrari posts 13% rise in quarterly earnings amid flat deliveries

Bentley builds out Mulliner Coachbuilt portfolio with Batur convertible

Nio readies Onvo L60 mass-market car aimed at Tesla Model Y