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10 results for "auto industry"
BMW's historic Munich plant, the company's oldest factory in the world, will produce only electric vehicles starting in 2027. The transformation marks a major milestone in the auto industry's shift toward sustainable transportation.
Soaring gas prices from the Iran conflict are driving more Americans to consider electric vehicles, with Tesla, Hyundai, and GM all reporting sales increases. At the New York Auto Show, drivers paying up to $6 per gallon say they're ready to make the switch.
Britain's auto industry beat its electric vehicle sales goal for 2024, hitting 24% when credits were included against a 22% requirement. The progress shows clean transport targets are working, even as carmakers push back on future rules.
Young automotive professionals turned their daily coffee money into a $2,500 scholarship for students entering the auto industry. Their September challenge raised enough recurring donations to support the next generation of mechanics and technicians.
Students pursuing careers in automotive marketing, PR, or journalism can now apply for a new $2,500 scholarship from the Automotive Communications Council. The deadline is March 31, and it's part of a larger effort awarding over $900,000 to future auto industry professionals this year.
Kazakhstan's automotive sector is booming, with vehicle production expected to jump 22% to 209,000 units in 2026 while creating nearly 5,000 new jobs. The country's homegrown car industry now dominates domestic sales, with eight out of every ten new vehicles sold being made right at home.
After five years of planning, Subaru's Lafayette plant just rolled out its first hybrid vehicle on American soil. The milestone secures jobs and positions Indiana as a key player in the shifting auto industry.
European car buyers drove sales up for the third straight year in 2025, snapping up more affordable electric and hybrid vehicles. New registrations climbed 2.4% to 13.3 million units, signaling a green recovery for the auto industry.
European drivers bought 13.3 million cars in 2025, marking the third straight year of growth as more affordable electric and hybrid models hit the market. The recovery signals a turning point for an industry that's been fighting back from pandemic losses and fierce competition.
Germany just rolled out a new electric vehicle incentive program after abruptly canceling subsidies in 2023 caused EV sales to plummet. The comeback plan offers up to €6,000 for families, helping revive an auto industry vital to the nation's economy.