Latest news with #Geely-owned


The Advertiser
12 hours ago
- Automotive
- The Advertiser
Tesla posts best Australian sales in 12 months
Tesla had a solid month for deliveries last month. According to figures shared with the Electric Vehicle Council, Tesla delivered 4589 vehicles in Australia in June, marking its biggest month for new-vehicle registrations so far this year. However, Tesla deliveries were down 2.0 per cent compared with June 2024. Tesla not only delivered more vehicles than in May 2025 – when 3897 reached customers, up 9.25 per cent year-on-year – it also posted its biggest month of deliveries since June 2024, when 4683 Teslas found new homes. Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now. But the brand's deliveries from January to June were still down 38.8 per cent on the same period last year, to 14,146 units. Sagging Model 3 sales are dragging down Tesla, despite the mid-size electric sedan (pictured above) receiving an extensive update early in 2024. Deliveries of the Model 3 were down 36.3 per cent on June 2024 to 1132 units, and down 64.9 per cent year-to-date to 3715 units. In contrast, the recently updated Model Y mid-size electric SUV (pictured below) is helping propel the brand. Its sales were up 19 per cent year-on-year to 3457 units, though year-to-date sales are down 16.7 per cent to 10,431 units. The Model Y's year-on-year bounce in June wasn't as large as the one it enjoyed in May, when deliveries soared by 122.5 per cent. The Federal Chamber of Automotive Industries (FCAI) is responsible for the Australian auto industry's monthly VFACTS sales report. June sales results are set to be published tomorrow, when we'll be able to see how close rival brands like BYD have gotten to Tesla. Some challenger brands like Xpeng, however, don't yet report to VFACTS or the EV Council. Apart from Tesla, Polestar is the only other brand to report its sales to the EV Council, and its June deliveries were down 4.8 per cent year-on-year to 339 units. The Geely-owned brand, however, is up 23.6 per cent year-to-date to 1173 units, thanks to the arrival of the Polestar 3 and Polestar 4 (pictured above) electric SUVs, helping to offset sagging sales for the Polestar 2 fastback. Despite its recent sales slump, the Tesla Model Y will likely maintain its stranglehold on the title of Australia's top-selling EV – an impressive feat given its ever-growing contingent of rivals. Here's a breakdown of Tesla's monthly sales volumes so far this year. MORE: Is Tesla's sales slump in Australia over? Content originally sourced from: Tesla had a solid month for deliveries last month. According to figures shared with the Electric Vehicle Council, Tesla delivered 4589 vehicles in Australia in June, marking its biggest month for new-vehicle registrations so far this year. However, Tesla deliveries were down 2.0 per cent compared with June 2024. Tesla not only delivered more vehicles than in May 2025 – when 3897 reached customers, up 9.25 per cent year-on-year – it also posted its biggest month of deliveries since June 2024, when 4683 Teslas found new homes. Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now. But the brand's deliveries from January to June were still down 38.8 per cent on the same period last year, to 14,146 units. Sagging Model 3 sales are dragging down Tesla, despite the mid-size electric sedan (pictured above) receiving an extensive update early in 2024. Deliveries of the Model 3 were down 36.3 per cent on June 2024 to 1132 units, and down 64.9 per cent year-to-date to 3715 units. In contrast, the recently updated Model Y mid-size electric SUV (pictured below) is helping propel the brand. Its sales were up 19 per cent year-on-year to 3457 units, though year-to-date sales are down 16.7 per cent to 10,431 units. The Model Y's year-on-year bounce in June wasn't as large as the one it enjoyed in May, when deliveries soared by 122.5 per cent. The Federal Chamber of Automotive Industries (FCAI) is responsible for the Australian auto industry's monthly VFACTS sales report. June sales results are set to be published tomorrow, when we'll be able to see how close rival brands like BYD have gotten to Tesla. Some challenger brands like Xpeng, however, don't yet report to VFACTS or the EV Council. Apart from Tesla, Polestar is the only other brand to report its sales to the EV Council, and its June deliveries were down 4.8 per cent year-on-year to 339 units. The Geely-owned brand, however, is up 23.6 per cent year-to-date to 1173 units, thanks to the arrival of the Polestar 3 and Polestar 4 (pictured above) electric SUVs, helping to offset sagging sales for the Polestar 2 fastback. Despite its recent sales slump, the Tesla Model Y will likely maintain its stranglehold on the title of Australia's top-selling EV – an impressive feat given its ever-growing contingent of rivals. Here's a breakdown of Tesla's monthly sales volumes so far this year. MORE: Is Tesla's sales slump in Australia over? Content originally sourced from: Tesla had a solid month for deliveries last month. According to figures shared with the Electric Vehicle Council, Tesla delivered 4589 vehicles in Australia in June, marking its biggest month for new-vehicle registrations so far this year. However, Tesla deliveries were down 2.0 per cent compared with June 2024. Tesla not only delivered more vehicles than in May 2025 – when 3897 reached customers, up 9.25 per cent year-on-year – it also posted its biggest month of deliveries since June 2024, when 4683 Teslas found new homes. Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now. But the brand's deliveries from January to June were still down 38.8 per cent on the same period last year, to 14,146 units. Sagging Model 3 sales are dragging down Tesla, despite the mid-size electric sedan (pictured above) receiving an extensive update early in 2024. Deliveries of the Model 3 were down 36.3 per cent on June 2024 to 1132 units, and down 64.9 per cent year-to-date to 3715 units. In contrast, the recently updated Model Y mid-size electric SUV (pictured below) is helping propel the brand. Its sales were up 19 per cent year-on-year to 3457 units, though year-to-date sales are down 16.7 per cent to 10,431 units. The Model Y's year-on-year bounce in June wasn't as large as the one it enjoyed in May, when deliveries soared by 122.5 per cent. The Federal Chamber of Automotive Industries (FCAI) is responsible for the Australian auto industry's monthly VFACTS sales report. June sales results are set to be published tomorrow, when we'll be able to see how close rival brands like BYD have gotten to Tesla. Some challenger brands like Xpeng, however, don't yet report to VFACTS or the EV Council. Apart from Tesla, Polestar is the only other brand to report its sales to the EV Council, and its June deliveries were down 4.8 per cent year-on-year to 339 units. The Geely-owned brand, however, is up 23.6 per cent year-to-date to 1173 units, thanks to the arrival of the Polestar 3 and Polestar 4 (pictured above) electric SUVs, helping to offset sagging sales for the Polestar 2 fastback. Despite its recent sales slump, the Tesla Model Y will likely maintain its stranglehold on the title of Australia's top-selling EV – an impressive feat given its ever-growing contingent of rivals. Here's a breakdown of Tesla's monthly sales volumes so far this year. MORE: Is Tesla's sales slump in Australia over? Content originally sourced from: Tesla had a solid month for deliveries last month. According to figures shared with the Electric Vehicle Council, Tesla delivered 4589 vehicles in Australia in June, marking its biggest month for new-vehicle registrations so far this year. However, Tesla deliveries were down 2.0 per cent compared with June 2024. Tesla not only delivered more vehicles than in May 2025 – when 3897 reached customers, up 9.25 per cent year-on-year – it also posted its biggest month of deliveries since June 2024, when 4683 Teslas found new homes. Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now. But the brand's deliveries from January to June were still down 38.8 per cent on the same period last year, to 14,146 units. Sagging Model 3 sales are dragging down Tesla, despite the mid-size electric sedan (pictured above) receiving an extensive update early in 2024. Deliveries of the Model 3 were down 36.3 per cent on June 2024 to 1132 units, and down 64.9 per cent year-to-date to 3715 units. In contrast, the recently updated Model Y mid-size electric SUV (pictured below) is helping propel the brand. Its sales were up 19 per cent year-on-year to 3457 units, though year-to-date sales are down 16.7 per cent to 10,431 units. The Model Y's year-on-year bounce in June wasn't as large as the one it enjoyed in May, when deliveries soared by 122.5 per cent. The Federal Chamber of Automotive Industries (FCAI) is responsible for the Australian auto industry's monthly VFACTS sales report. June sales results are set to be published tomorrow, when we'll be able to see how close rival brands like BYD have gotten to Tesla. Some challenger brands like Xpeng, however, don't yet report to VFACTS or the EV Council. Apart from Tesla, Polestar is the only other brand to report its sales to the EV Council, and its June deliveries were down 4.8 per cent year-on-year to 339 units. The Geely-owned brand, however, is up 23.6 per cent year-to-date to 1173 units, thanks to the arrival of the Polestar 3 and Polestar 4 (pictured above) electric SUVs, helping to offset sagging sales for the Polestar 2 fastback. Despite its recent sales slump, the Tesla Model Y will likely maintain its stranglehold on the title of Australia's top-selling EV – an impressive feat given its ever-growing contingent of rivals. Here's a breakdown of Tesla's monthly sales volumes so far this year. MORE: Is Tesla's sales slump in Australia over? Content originally sourced from:


Perth Now
14 hours ago
- Automotive
- Perth Now
Tesla posts best Australian sales in 12 months
Tesla had a solid month for deliveries last month. According to figures shared with the Electric Vehicle Council, Tesla delivered 4589 vehicles in Australia in June, marking its biggest month for new-vehicle registrations so far this year. However, Tesla deliveries were down 2.0 per cent compared with June 2024. Tesla not only delivered more vehicles than in May 2025 – when 3897 reached customers, up 9.25 per cent year-on-year – it also posted its biggest month of deliveries since June 2024, when 4683 Teslas found new homes. Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now. Supplied Credit: CarExpert But the brand's deliveries from January to June were still down 38.8 per cent on the same period last year, to 14,146 units. Sagging Model 3 sales are dragging down Tesla, despite the mid-size electric sedan (pictured above) receiving an extensive update early in 2024. Deliveries of the Model 3 were down 36.3 per cent on June 2024 to 1132 units, and down 64.9 per cent year-to-date to 3715 units. In contrast, the recently updated Model Y mid-size electric SUV (pictured below) is helping propel the brand. Its sales were up 19 per cent year-on-year to 3457 units, though year-to-date sales are down 16.7 per cent to 10,431 units. Supplied Credit: CarExpert The Model Y's year-on-year bounce in June wasn't as large as the one it enjoyed in May, when deliveries soared by 122.5 per cent. The Federal Chamber of Automotive Industries (FCAI) is responsible for the Australian auto industry's monthly VFACTS sales report. June sales results are set to be published tomorrow, when we'll be able to see how close rival brands like BYD have gotten to Tesla. Some challenger brands like Xpeng, however, don't yet report to VFACTS or the EV Council. Apart from Tesla, Polestar is the only other brand to report its sales to the EV Council, and its June deliveries were down 4.8 per cent year-on-year to 339 units. Supplied Credit: CarExpert The Geely-owned brand, however, is up 23.6 per cent year-to-date to 1173 units, thanks to the arrival of the Polestar 3 and Polestar 4 (pictured above) electric SUVs, helping to offset sagging sales for the Polestar 2 fastback. Despite its recent sales slump, the Tesla Model Y will likely maintain its stranglehold on the title of Australia's top-selling EV – an impressive feat given its ever-growing contingent of rivals. Here's a breakdown of Tesla's monthly sales volumes so far this year. MORE: Is Tesla's sales slump in Australia over?


7NEWS
14 hours ago
- Automotive
- 7NEWS
Tesla posts best Australian sales in 12 months
Tesla had a solid month for deliveries last month. According to figures shared with the Electric Vehicle Council, Tesla delivered 4589 vehicles in Australia in June, marking its biggest month for new-vehicle registrations so far this year. However, Tesla deliveries were down 2.0 per cent compared with June 2024. Tesla not only delivered more vehicles than in May 2025 – when 3897 reached customers, up 9.25 per cent year-on-year – it also posted its biggest month of deliveries since June 2024, when 4683 Teslas found new homes. Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now. But the brand's deliveries from January to June were still down 38.8 per cent on the same period last year, to 14,146 units. Sagging Model 3 sales are dragging down Tesla, despite the mid-size electric sedan (pictured above) receiving an extensive update early in 2024. Deliveries of the Model 3 were down 36.3 per cent on June 2024 to 1132 units, and down 64.9 per cent year-to-date to 3715 units. In contrast, the recently updated Model Y mid-size electric SUV (pictured below) is helping propel the brand. Its sales were up 19 per cent year-on-year to 3457 units, though year-to-date sales are down 16.7 per cent to 10,431 units. The Model Y's year-on-year bounce in June wasn't as large as the one it enjoyed in May, when deliveries soared by 122.5 per cent. The Federal Chamber of Automotive Industries (FCAI) is responsible for the Australian auto industry's monthly VFACTS sales report. June sales results are set to be published tomorrow, when we'll be able to see how close rival brands like BYD have gotten to Tesla. Some challenger brands like Xpeng, however, don't yet report to VFACTS or the EV Council. Apart from Tesla, Polestar is the only other brand to report its sales to the EV Council, and its June deliveries were down 4.8 per cent year-on-year to 339 units. The Geely-owned brand, however, is up 23.6 per cent year-to-date to 1173 units, thanks to the arrival of the Polestar 3 and Polestar 4 (pictured above) electric SUVs, helping to offset sagging sales for the Polestar 2 fastback. Despite its recent sales slump, the Tesla Model Y will likely maintain its stranglehold on the title of Australia's top-selling EV – an impressive feat given its ever-growing contingent of rivals. Here's a breakdown of Tesla's monthly sales volumes so far this year.

Yahoo
2 days ago
- Automotive
- Yahoo
Geely's Lotus says ‘no plans' to close any factory
Geely-owned Lotus has responded to reports that it is considering ending UK sports car production at its Norfolk plant in favour of setting up a new plant in the US. Recent media reports have suggested that the company is reviewing options for UK manufacturing following the introduction of 25% import tariffs on cars shipped from the UK to the USA, a major market for the brand. A bilateral trade deal to lower US tariffs on cars shipped from the UK to the US has yet be implemented and Lotus was forced to halt production when the US tariffs came into effect in April. In a statement on X Lotus said it remains committed to the UK and that it has invested significantly in UK operations over the past six years. However, it also acknowledged that it is actively exploring strategic options to enhance efficiency and ensure competitiveness in an evolving market. Reports have said that Lotus could move the assembly of cars to the US, working with a US partner with contract assembly capabilities. The Financial Times has reported that the Lotus statement follows contact with UK government in which London has said it will offer support to the company to keep the plant open, though it is unclear what that would be – or what level of manufacturing capacity Lotus' parent would be happy to keep in the UK. Geely took control of Lotus in 2017 when it took a 49.9% stake in previous parent company Proton. It also owns Volvo Cars, which has a manufacuring site in the US (South Carolina). "Geely's Lotus says 'no plans' to close any factory" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Yahoo
13-06-2025
- Automotive
- Yahoo
Volvo Cars signs recycled steel deal with SSAB
Volvo Cars says it is the first OEM to sign a supply agreement for recycled, near zero-emissions steel for series production deliveries. Geely-owned Volvo Cars has signed a new agreement with Swedish steel firm SSAB for the supply of recycled and near zero-emissions steel starting from 2025. Volvo Cars says it is the first car maker to sign a supply agreement for recycled, near zero-emissions steel for series production deliveries. The agreement is an extension of a long-term existing collaboration between the two companies, with the purpose of being at the forefront of the transition to more sustainable steel. In addition to buying recycled and near zero-emission steel, Volvo Cars says it is furthering its circular ambitions by also selling scrap steel, helping Volvo Cars to keep materials at the highest value for the longest period of time in a closed loop system. "One of the biggest sources of CO₂ emissions in our production process is the steel we use to build our cars, averaging 25 percent of all material-related emissions for a new Volvo car," says Francesca Gamboni, Volvo Cars chief supply chain and manufacturing officer. "We work towards achieving net-zero greenhouse gas emissions by 2040, and cutting steel-related emissions really has the potential to move the needle." The recycled steel will be used in selected components of the forthcoming, fully electric EX60 SUV, as well as other cars based on Volvo Cars' next-generation SPA3 car architecture. Crucially, Volvo says the recycled steel meets the same safety-related requirements as for primary steel in terms of strength and durability. SSAB's closed loop system recycles scrap steel, significantly reducing CO₂ emissions and keeping materials and natural resources in use for longer. Compared with traditionally produced steel in Europe, SSAB's recycled steel generates almost 100 per cent less CO₂ emissions in own operations and is made with a recycled content of almost 100 percent. "Steel is an important material to ensure the safety, strength and durability of our products and traditionally it's a significant contributor to our carbon emissions," says Francesca Gamboni. "By signing this agreement, we have taken an important step in reducing the impact on the environment and increase the awareness for using recycled materials within our supplier network." Volvo Cars says it is committed to a fully electric future and has the ambition to achieve net-zero greenhouse gas emissions by 2040. By 2030, the aim is to have reduced CO₂ emissions per car by 65-75 per cent compared to a 2018 baseline, by continuously reducing CO₂ emissions across the value chain. The agreement with SSAB is an example of this. It also supports Volvo Cars' circularity ambitions, with the aim to use an average of 30 per cent recycled content across the fleet by 2030, and for new car models released from 2030 to contain at least 35 per cent recycled or bio-based content. "Volvo Cars signs recycled steel deal with SSAB" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.