Indonesia’s automotive industry has set a national car sales target of 850,000 units in 2026, betting on a modest recovery after vehicle sales declined last year, according to the Association of Indonesian Automotive Industries (Gaikindo).
Electric vehicles are likely to make up 85% of new car sales in the EU from 2035, based on its plans to drop an effective ban on new combustion-engine models, although that share could drop as low as 50%, clean transport advocacy group T&E said.
BYD's vehicle sales fell by 30.1% in January from a year earlier, the fifth straight month of decline, as the Chinese electric vehicle maker navigates external uncertainties and tough competition at home.
The Trump administration's top auto policy officials on Saturday touted federal efforts to lower car prices by eliminating vehicle emissions regulations, as affordability remains a key concern among Americans.
U.S. lawmakers in Congress are nearing a resolution aimed ending a partial government shutdown, U.S. President Donald Trump said on Monday.
Opec+ agreed to keep its oil output unchanged for March at a meeting, the producer group said on Sunday, even after crude prices hit six-month highs on concern the US could launch a military strike on Opec member Iran.