ONR Automotive News
Volvo Cars outlook revised to negative on difficult market conditions; ‘BB+’ rating affirmed
U.S. import tariffs, a potential revision of the electric vehicle (EV) tax credits, a 2027 sales ban on cars by Chinese controlled automakers, and heightened competition in China will impair Volvo Cars' growth prospects for 2025-2027 The post Volvo Cars o
By ONR
May 31, 2025
Toyota submits third progress report on measures to prevent recurrence
Toyota Motor Corporation (Toyota) has announced that it has submitted a progress report on recurrence prevention of model certification application issues to the Ministry of Land, Infrastructure, Transport and Tourism (MLIT) today in light of the correcti
By ONR
May 31, 2025
EV slowdown boost legacy technology at GM and Stellantis
GM's US$888m investment a V8 engine factory in New York is highly symbolic of the current and likely near-term future state of the US market. By Ian Henry The post EV slowdown boost legacy technology at GM and Stellantis appeared first on Automotive World
By ONR
May 31, 2025
BMW sticks to its full-year guidance
Jonathan Storey takes a deep dive into the latest financial results from BMW The post BMW sticks to its full-year guidance appeared first on Automotive World.
By ONR
May 31, 2025