Although the end of the internal combustion engine seems to be sealed for many manufacturers, it appears that new petrol and diesel engines are still in the pipeline. News of the ICE’s demise has apparently been premature, for as the car industry heads towards the electric era, a new combustion engine alliance is being formed […]
Toyota is to develop a new generation of petrol-fuelled internal combustion engines, in the carmaker’s latest bet against electric vehicles. In a joint press conference with Mazda and Subaru, the Japanese company on Tuesday unveiled prototype engines that it said would be smaller, more efficient and capable of burning eco-friendly fuels such as hydrogen. It […]
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While many automakers predicted a looming all-EV future, Toyota made gains by emphasizing hybrids over fully electric vehicles—a move that earned it derision before being vindicated over the past year as EV sales sputtered. Now it’s now doubling down with a new take on the traditional car engine. The world’s largest carmaker said Tuesday that […]
DETROIT (AP) — Ford Motor Co.’s first-quarter net income fell 24% from a year ago as the company’s combustion engine vehicle unit saw revenue and sales decline. The Dearborn, Michigan, automaker said Wednesday it made $1.33 billion from January through March, compared with $1.76 billion a year earlier. Excluding one-time items, Ford made 49 cents […]
By Victoria Waldersee and Christina Amann BERLIN (Reuters) – BMW has passed the tipping point for combustion engine vehicle sales and now generates most sales growth from electric cars, its chief financial officer said in a media roundtable. “The tipping point for the combustion engine is already there,” CFO Walter Mertl said, adding that in […]