Toyota reported that fiscal 2023 vehicle production increased by 9.2 percent to 9.97 million. However, the company could not meet its previously announced production target of 10.1 million vehicles.
Electric vehicle manufacturer Tesla, which previously pointed to the end of 2025 for cheap vehicles, plans to start production of new models this year.
Volkswagen Group faces an uphill battle to convince investors it can turn around the bad situation in China.
Citroen shared the first images of the new C3 Aircross, which will soon be available in Europe.
Premium automobile manufacturer Lexus managed to increase its sales by 48 percent in the January-March period compared to the same period last year.
New car sales in the European Union (EU) market decreased by 5.2 percent in March compared to the same month of the previous year, reaching 1 million 31 thousand 875 units.
Chery's Spanish factory will be among its main export facilities worldwide.
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