British luxury carmaker Jaguar is facing its steepest sales decline in decades, following a radical rebrand that has drawn sharp criticism from industry experts, dealers, and long-time customers. Only 49 Jaguar vehicles were registered in Europe in April 2025, a 97.5 percent drop compared to 1,961 units in the same month last year. Year-to-date sales…
BMW Group India is unfazed by the prospect of Tesla entering the electric vehicle market here and feels it will help grow the segment, according to its Managing Director and CEO Vikram Pawah. The group, which sold a total of 1,249 units of electric cars in India across two brands — BMW and MINI —…
China’s biggest electric vehicle (EV) maker BYD launched its most expensive model under its Denza brand to challenge BMW and Mercedes-Benz in the luxury segment as competition in the world’s largest auto market intensifies. The Denza unit on Friday unveiled the six-seat SUV called Denza N9, priced at 389,800 (US$60,860) to 449,800 yuan, which is…
https://www.tipranks.com/news/the-fly/h-c-wainwright-strong-core-scientific-bulls-as-coreweave-ipo-approaches Chinese electric vehicle maker Zeekr (ZK) will unveil a luxury model next month, targeted at luring wealthy consumers away from premium foreign brands such as Mercedes-Benz (MBGYY) and BMW (BMWYY), the South China Morning Post’s Daniel Ren says. The Hangzhou-based unit of Geely Auto (GELYF), mainland China’s second-largest carmaker by sales, said on Monday…
The 2025 US Electric Vehicle Experience (EVX) Ownership Study from J.D. Power tells us that more people are more satisfied with their EV experience than last year – and the EV owners who are the most satisfied with their rides can be found behind the wheel of the BMW iX. Now in its fifth year, the…
Tesla has once again set its sights on the Indian market, though it is still keeping its India road map under wraps. While the company has posted hiring positions in Mumbai and Delhi, signalling plans to establish a retail presence, it has yet to confirm whether it will fully commit to local manufacturing or continue…
A young boy in China and his parents are under investigation after the child threw firecrackers into a sewer, igniting methane and causing an explosion that damaged several luxury cars. Eight vehicles, including a Porsche, a BMW and an Audi, were damaged in the explosion, with the total loss reaching 285,000 yuan (US$39,000), according to…
GUANGZHOU, China (Reuters) – Nio unveiled a lower-cost brand named Firefly on Saturday that it touted as a rival to Mercedes’ Smart and BMW’s Mini in the Chinese electric vehicle maker’s latest bid to broaden its customer base and boost sales. CEO William Li announced the new brand at an annual company event in Guangzhou…
International car brands, already experiencing a sharp sales decline, have one more thing to worry about as Chinese electric vehicle (EV) maker Nio began sales of a new luxury sedan to challenge the likes of BMW’s 7 series and Audi’s A8. The fully electric ET9 executive sedan, which the company expects to begin delivering in…
BMW Vision Neue Klasse concept car is on display in Beijing. (Photo by Yi Haifei/China News … [+] Service/VCG via Getty Images) China News Service via Getty Images The slowdown in European electric vehicle sales will soon be seen as a temporary blip as they accelerate again towards market leadership by 2030 and on to…