China's BYD closes in on Tesla as sales jump
China's BYD closes in on Tesla as sales jump

Chinese car maker BYD saw its sales jump at the end of last year, as it competes with Tesla to be the worlds best-selling electric vehicle (EV) maker of 2024. The company says it sold 2,07,734 EVs in December, taking its annual total to 1.76 million, as subsidies and discounts helped attract...

Toyota’s global production declines for 10th month despite rising sales
Toyota’s global production declines for 10th month despite rising sales

Toyota Motor Corporation reported its 10th consecutive monthly decline in global production for November, even as sales rose for the second straight month. The Japanese automaker produced 869,230 vehicles worldwide, a 6.2% drop compared to the same month last year and a steeper decline than...