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Total car sales in the EU slowed by 6.1% year-on-year, as major markets Germany, France and Italy continued to stagnate

Hybrid overtakes petrol in slowing EU new car market

New hybrid cars sold in the European Union in September accounted for 32.8% of total new car sales, overtaking the monthly market share of petrol-powered vehicles for the first time, data from Europe's auto industry body showed.

Business • 22 Oct 24

Hyundai is planning to double its hybrid lineup to counter a slowdown in global electric vehicle demand

Hyundai Motor targets 30% rise in sales by 2030

Hyundai Motor said today it was targeting annual global sales of 5.55 million vehicles by 2030, up 30% from 2023, as it plans to double its hybrid lineup to counter a slowdown in global electric vehicle demand.

Business • 28 Aug 24

New electric and hybrid cars parked at the Stellantis plant in Turin

Stellantis to expand hybrid vehicle line to meet demand

Stellantis said today it would expand its line of affordable hybrid vehicles to 36 models in Europe by 2026, to meet growing demand for this engine type, an alternative to petrol-fuelled cars and electric vehicles.

Business • 09 Jul 24

Sales of new battery-electric cars in the European Union dropped 12% in May, new figures show today

EU electric car sales drop in May as German demand slumps

Sales of new battery-electric cars in the European Union dropped 12% in May from a year earlier, led by a 30% plunge in Germany, data from Europe's auto industry body showed today.

Business • 20 Jun 24

Toyota's operating profit for the full year totalled 5.35 trillion yen - the first time for a Japanese company to top 5 trillion yen in operating profit, local media said

Toyota sees 20% full-year profit decline after strong Q4

Toyota Motor has today forecast a 20% profit decline in the current financial year, citing cost of investment in suppliers and strategy after the world's top-selling automaker delivered blockbuster fourth-quarter results.

Business • 08 May 24

hybrid vehicles

Hybrid overtakes petrol in slowing EU new car market

Hyundai Motor targets 30% rise in sales by 2030

Stellantis to expand hybrid vehicle line to meet demand

EU electric car sales drop in May as German demand slumps

Toyota sees 20% full-year profit decline after strong Q4

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