Automotive

New German government to revamp incentives for electric cars

Germany's new government said Monday it is extending the country's current incentive payments for buyers of electric and hybrid cars for a year but then plans to impose tougher requirements for vehicles to qualify for the ...

Automotive

Toyota full-year net profit beats forecast

Top-selling automaker Toyota said Wednesday that its full-year net profit beat expectations and projected better sales and revenue for the year ahead as supply chain disruptions ease.

Automotive

Europe's shift to electric cars picks up despite recession

The coronavirus has cancelled business plans all over the world but Europe's push into electric cars isn't one of them. Sales of battery-powered and hybrid cars have held up better than the overall market amid a deeply painful ...

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