Britain pushes back ban on new ICE cars; automakers slam delay

Days after Lithia Motors said it had agreed to a deal to acquire Pendragon's dealership and fleet businesses, Pendragon's board of directors rejected a joint offer from a Penske Automotive Group subsidiary and Hedin Mobility Group.

Britain's auto industry criticized confusion over the U.K.'s plan to ban gasoline and diesel cars to combat climate change, saying uncertainty puts EV investments at risk.

New-car registrations rose 21 percent to 904,509 units in August, with demand for EVs exceeding 20 percent of overall sales for the first time.

Marelli said the decision came following a lack of new business due to the reduced investment in ICEs and rising prices for raw materials and energy.

Stephan Durach, senior vice president connected company development at BMW Group, is the 2023 Eurostar winner for Connected Car and Autonomous Driving.

Britain's 2030 date is more ambitious than the EU's plan to phase out new gasoline and diesel models after 2035.

Two of the closest segment races in Europe pit full-electric cars against models with internal-combustion engines.

Diesel sales made up just 8.9 percent of the Swedish brand's sales in 2022.

Germany is struggling to regain momentum following the pandemic as high gas prices and strong competition from China hit industry.

The Italian supplier to Ferrari plans to "democratize" high-performance, all-electric brake systems for mass-market brands with a new technology that harnesses the power of artificial intelligence.