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Iraq Bulletin

Tag : electric vehicles

Business

Renault expands France EV push with €10 billion investment

iraqbulletin.co
– Renault Group plans to invest more than €10 billion in France over the next five years. Chief Executive François Provost announced the commitment on October 3. The spending will support electric vehicles and lower-cost models. Renault made about 500,000...
Business

South Korea auto exports reach $6.24 billion in July

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South Korea’s automobile exports rose 7.0% year on year to US$6.24 billion in July 2026. The total marked the highest export value ever recorded for the month of July. The Ministry of Trade, Industry and Resources said exports surpassed the...
Automotive

Porsche to cut 5000 more jobs under restructuring plan

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German luxury sports car manufacturer Porsche announced an agreement with labor representatives on Monday to reduce its workforce by an additional 5,000 positions by 2035 as part of a restructuring program. The decision brings total planned job eliminations across the...
Automotive

Mercedes-Benz unveils electric C-Class in Seoul

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SEOUL: Mercedes-Benz on Monday unveiled the all-new electric C-Class at a world premiere in Seoul, introducing the first battery-electric version of one of its best-known sedan nameplates and placing one of the brand’s core products into the premium EV market. The launch...
Business

China auto output and sales jump in March

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BEIJING: China’s automobile industry posted a sharp rebound in March, with production rising to 2.917 million units and sales reaching 2.899 million units, according to data released by the China Association of Automobile Manufacturers. Output jumped 74.4% from February and sales increased...
Business

China auto output and sales jump in March

iraqbulletin.co
BEIJING: China’s automobile industry posted a sharp rebound in March, with production rising to 2.917 million units and sales reaching 2.899 million units, according to data released by the China Association of Automobile Manufacturers. Output jumped 74.4% from February and sales increased...
Business

Tesla global deliveries decline as EV demand slows

iraqbulletin.co
MENA Newswire, AUSTIN, Texas: Tesla Inc. reported 418,227 vehicle deliveries for the fourth quarter of 2025, marking a 16 percent decline from the 495,570 units delivered in the same period a year earlier. The result fell short of analyst expectations, reflecting slower electric vehicle demand in...
Automotive

EU softens 2035 ban on combustion engine vehicles

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BRUSSELS, December 17, 2025: The European Union is set to ease its planned 2035 ban on the sale of new combustion engine vehicles after sustained pressure from automakers and several member states, marking a significant policy adjustment in the bloc’s long-term climate agenda....
Featured News

Nissan shuts seven plants as sales and profits plunge

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Japanese automaker Nissan has announced a sweeping global restructuring plan that includes cutting an additional 11,000 jobs and shutting down seven manufacturing plants. The decision comes in response to mounting financial pressure caused by declining sales in key markets, intensified...
Featured News

Europe EV market shifts as Tesla loses ground to rivals

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Tesla experienced a sharp decline in sales across major European markets in April 2025, as new vehicle registrations in Germany and the United Kingdom fell to their lowest levels in over two years. Despite a general uptick in demand for...