12 June 2026
12 June 2026
Hyundai’s sales continued to drop sharply due to supply chain disruptions.
More than 880,000 vehicles recalled for suspension defects.
In an interview with Nikkei Asia, president Ivan Espinosa said the next-generation Skyline, due to be unveiled this winter, will be the first model built under this new approach.
The incentives were stopped at the start of 2026 because the $1bn investment had stalled.
The decision follows strong demand for the company’s new BEV line-up.
The segment continues to be driven by strong demand for BEVs, led by Tesla and BYD.
Mitsubishi Chemical’s bio-based material Durabio has been selected by Audi for the door switch panels in the new Audi Q3, marking their first collaboration.
The model is the first BYD vehicle designed with Europe as the primary market.
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