Volkswagen partially floats truck group to fund electric car push

Volkswagen has floated 11.5 per cent of its truck-making unit, now named Traton, on the Frankfurt and Nasdaq Stockholm stock exchanges. Weak demand from investors had forced the automaker to price the listing at the low end of its target price range. It also meant the company couldn't float the 25 per cent it had wanted to let go of.

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BYD Dolphin electric-car arrival pushed back, due later this year alongside Seal sedan

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2024 Tesla Model Y facelift due mid next year – report

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A major update for the world’s best-selling new car is around the corner, with “more obvious” exterior and interior upgrades. What the updated Model Y could look like, illustrated by Theottle. A facelift for the 2024 Tesla Model Y electric SUV may be less than nine months away – after a similar update to the related Model 3 sedan earlier this year – according to a new report. News agency Bloomberg reports Tesla has begun “preparation work” to ready its Shanghai, China factory for a “more obvious” exterior and interior update to the Model Y . Production “may start as soon as mid-2024”, according to the outlet – which could translate to Australian showroom arrivals by the end of next year, if the arrival timeline of the recent Model 3 update is a guide. It is sooner than the October 2024 estimate published in a report by news agency Reuters earlier this year. MORE: 2024 Tesla Model Y facelift due next year with exterior, interior upgrades – report Citing insider so...
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2024 Mitsubishi Triton to be unveiled next month report

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