Top 10 Automotive News Worldwide - 9th March 2024

 Top Automotive News - 9th March 2024

  1. Lithium Extraction in Oilfields: Saudi Arabia and the UAE plan to extract lithium from brine in their oilfields to benefit from the electric vehicle (EV) shift. Source
  2. China's EV Market Slows: Electric vehicle sales in China have slowed, with increased price-cutting among manufacturers. Source
  3. Nissan's EV Production Strategy: Nissan considers bringing ultra-compact EV production in-house by 2028. Source
  4. Tesla's German Plant Restart: Tesla's German plant to restart operations next week, as confirmed by the works council head. Source
  5. Rivian's New SUV Attracts Orders: Rivian's R2 SUV launch attracts strong early orders, signaling a positive market response. Source
  6. GM's Chevy Blazer EV: GM resumes sales and reduces the price of the Chevy Blazer EV after resolving a software issue. Source
  7. Stellantis' Alfa Romeo Stelvio SUV: Stellantis to launch a new Alfa Romeo Stelvio SUV in the second half of 2025. Source
  8. Polestar's Financial Growth: Polestar expects improved margins in 2024 following a significant raise. Source
  9. Online Vehicle Purchases: The trend towards online vehicle purchases continues to grow, transforming the traditional car dealership model. Source
  10. Global Automotive Parts Market Expansion: The global automotive parts market sees steady growth, with e-commerce changing consumer purchase habits. Source

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