VW Group to reduce number of models, focus on premium cars REUTERSApr 06 2022 It’s prioritizing vehicles with larger profit margins BERLIN – Volkswagen will axe many combustion engine models by the end of the decade and sell fewer cars overall to concentrate on producing more profitable premium vehicles, its finance chief was quoted as saying on […]
The popularity of four-wheel drive vehicles has exploded in recent years, growing to encompass over half of the new vehicle market and 77 percent of Ford’s take rate as recently as last September. However, Ford 4×4 sales continue to grow, and significantly outperformed the automaker’s chief rivals last year, a fact that FoMoCo has appropriately revealed today, April 4th – otherwise […]
General Motors and Honda Motor will develop a series of affordable electric vehicles based on a new global architecture, the companies announced Tuesday morning. The new partnership deepens the ties between the two companies regarding all-electric and autonomous vehicles. DETROIT – General Motors and Honda Motor will develop a series of affordable electric vehicles based on a new global […]
