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Tag: EV demand

11Feb

Honda Q3 Operating Profit Plunges 61.4% on U.S. Tariffs, Weak EV Demand

Honda Motor said on Tuesday its third-quarter operating profit fell 61.4%, marking a fourth consecutive year-on-year decline, as U.S. import tariffs and weakening demand for electric vehicles weighed on results.…
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06Jan

BMW US Q4 2025 Sales Slip 3.4% as EV Demand Cools

Berlin: German carmaker BMW reported a 3.4% decline in sales in the United States in the fourth quarter of 2025 as demand for electric vehicles weakened further. BMW sold 113,512…
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23Dec

Europe car sales rise for fifth straight month as EV demand lifts November numbers

New car sales in Europe rose year-on-year in November for a fifth consecutive month, helped by an increase in EV registrations in markets including Germany, Italy and Spain, data from…
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