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Major automakers predict that 2019 will be weak

    Major automakers predict that 2019 will be weak

Auto giants doubt that the drop in sales in China will stop. That is why they give gloomy forecasts for this year. Toyota, General Motors and Daimler believe that 2019

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Tesla began to supply Model 3 to the European market

    Tesla began to supply Model 3 to the European market

The famous American manufacturer of electric cars has started the shipment of Model 3 cars to the European market. The Belgian port of Zeebrugge has already received a batch of

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Volkswagen maintains its lead over three years

    Volkswagen maintains its lead over three years

According to the last year’s results, the German auto giant Volkswagen has become the largest manufacturer in the world. The company’s success lets it bear this title during 3 years.

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Saxo Bank’s shocking outlook for 2019

    Saxo Bank’s shocking outlook for 2019

Saxo Bank has made a shocking forecast for 2019.  Saxo Bank chief economist Steen Jakobsen commented: “We find the forecast rather interesting and intriguing. It enables investors to keep an

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General Motors will cut staff and close several plants

  General Motors will cut staff and close several plants

An auto giant General Motors is going to cut about 15% of its employees and a quarter of the management

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Volkswagen will increase investment in new technologies

  Volkswagen will increase investment in new technologies

The auto giant Volkswagen will invest €44 billion in high-tech researches. This is 10 billion more than the figure that

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In the third quarter Tesla increased car production by half

  In the third quarter Tesla increased car production by half

In the third quarter of this year, Tesla has expanded the car production by half (to the level of 80

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Tesla suffers from а turnover – another top manager left the company

  Tesla suffers from а turnover – another top manager left the company

An authoritative news agency Bloomberg reported that another senior employee had left Tesla. Half a dozen top managers have left

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Elon Musk promised to accelerate the production of electric cars Model 3 by the end of the month

  Elon Musk promised to accelerate the production of electric cars Model 3 by the end of the month

For those who follow the news of the electric vehicle market, it is not new that an annual meeting of

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