BMW
OpenCalais Metadata: Ticker
EV makers modify engines for Turkish market for lower tax
Electric carmakers are adjusting the engine powers of their vehicles so that consumers pay lower taxes, which serves as a kind of incentive to buy EVs.
In the past, carmakers resorted to a similar method to boost sales. They designed 1.5-liter or 1.6-liter engines, especially for the Turkish market which would fit into lower tax brackets and made those vehicles more accessible.
EU investigators to inspect China’s BYD, Geely and SAIC in EV probe, source says
European Commission investigators are to inspect Chinese automakers in the coming weeks as part of a probe into whether to impose punitive tariffs to protect European electric vehicle (EV) makers, three people involved in the process said.
Seized Comanchero vehicles join Istanbul police fleet
Following a Comanchero gang bust in Türkiye's Istanbul, 21 luxury cars seized in the operation have been allocated to the province's police department.
Tesla, Chinese brands take centre stage at Munich car show
Tesla and Chinese carmakers showed off their newest electric models at the Munich auto fair, throwing down the gauntlet to their European rivals as competition in the sector intensifies.
The industry-wide shift towards electric vehicles (EVs) was on full display on the opening day of Germany's biennial IAA mobility show, one of the world's largest.
French luthier makes music out of mushrooms
Leave mushroom spores in a mold for a couple weeks and they'll bloom into a puffy material akin to brie, says Rachel Rosenkrantz, a sustainability-minded guitar-maker innovating with biomaterials.
- Read more about French luthier makes music out of mushrooms
- Log in to post comments
Ford recalls some vehicles for air bag problems
Ford Motor is recalling certain 2004 to 2006 Ranger vehicles because replacement front passenger air bag inflators may have been installed incorrectly.
The National Highway Traffic Safety Administration said in a letter that the recall includes 231,942 vehicles.
The vehicles had received replacement front passenger air bag inflators under a previous recall.
- Read more about Ford recalls some vehicles for air bag problems
- Log in to post comments
CI Bloom gearing up for second edition
With a focus on the growth of contemporary art in Türkiye, the art fair CI Bloom will organize its second edition at the Lütfi Kırdar Convention and Exhibition Center from May 31 to June 4.
Organized by Contemporary Istanbul, the event aims to be a meeting point for the nonprofit creative industries with an expanded program this year.
- Read more about CI Bloom gearing up for second edition
- Log in to post comments
Vehicle registrations rise 10 percent
The number of road motor vehicles registered increased by 10.2 percent in September from a year ago to 102,500, data from the Turkish Statistical Institute (TÜİK) have shown.
New registrations, however, declined by 8.3 percent from August.
In September, 39 percent of the newly registered vehicles were passenger cars, while motorcycles claimed the second spot at 36.5 percent.
- Read more about Vehicle registrations rise 10 percent
- Log in to post comments
Vietnam’s VinFast targets US market
Having conquered most industries at home, optimistic chiefs at conglomerate Vingroup are setting their sights much higher as they ramp up plans to sell the first ever Vietnamese car in the mighty U.S. market.
- Read more about Vietnam’s VinFast targets US market
- Log in to post comments
Electric car sales may reach 4,500 units this year
If the sales maintain their current pace in the coming months, electric vehicle sales may reach around 4,500 units, according to a business group.
In the first six months of 2022, the number of registered electric vehicles increased by 170 percent from a year ago to 2,413, according to a recent report by the Electric and Hybrid Vehicles Association (TEHAD).
- Read more about Electric car sales may reach 4,500 units this year
- Log in to post comments