05 May 2026
05 May 2026
The decision follows development delays and demand uncertainty.
Negotiations between European Parliament and Council representatives are set to resume on legislation designed to lower EU duties on American goods, though the Parliament is seeking to attach several safeguards to any deal.
BYD NEV production in April was 322,298 units, down 28.6% year-on-year, while sales were down 26%.
The world premiere of the fully electric 'affordable' compact SUV crossover is scheduled for 19 May.
Apollo Global Management, which acquired Tenneco in a deal valued at more than $7bn in enterprise value – paying $1.6bn in equity – is weighing up how best to monetise its holding.
The automotive supplier generated revenues of $10.38bn in the three months to 31 March 2026, despite a 7% drop in global light vehicle production.
The platform is the group's first major release under its move to a software-defined vehicle architecture.
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