Western Europe’s car market selling rate edges up
Year-to-date (YTD) sales remain broadly flat (+0.1%) in comparison to the previous year.
11 November 2024
11 November 2024
Year-to-date (YTD) sales remain broadly flat (+0.1%) in comparison to the previous year.
October marked the second consecutive month of growth for the market and saw the fastest growth since January 2024.
Poland is one of ten EU member states that supported the EU's decision to impose tariffs of up to 45% on imported Chinese-made EVs.
The new EV series will be tailored for the Chinese market, utilising local suppliers and technologies to tap into a growing customer base.
The decision comes as the automaker invests $390m at its Kansas assembly plant to build next-generation Chevrolet Bolt EVs.
Toyota produced an estimated 320,000 vehicles in Mexico last year.
The IRA programme provides tax rebates worth up to US$7,500 to US buyers of battery electric vehicles.
After Korean launch, compact Kia EV3 now targets European consumers.
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