AD #4282 - Honda Stops Selling Cars in Korea; EVs Drive Growth in Europe; Tiny Smart Car Makes a Comeback

This episode of Autoline Daily covers a range of global automotive developments, starting with strong European sales in March, driven by high fuel prices and a surge in EV adoption—up 42%—while internal combustion engine vehicles declined. Tesla surprised investors with $1.4 billion in positive cash flow despite mixed Q1 results, including a 14% drop in vehicle sales from Q4. Meanwhile, Hyundai reported a tough first quarter with declining profits, and Honda announced it will exit the South Korean car market due to minimal sales, though it will continue selling motorcycles. The tiny Smart car is making a comeback with the Smart No. 2 concept, boasting a 300-kilometer range and new electric architecture. BMW refreshed its 7 Series with advanced tech, electrification, and new battery cells, set for launch in July. The episode also highlights growing EV rental demand in the U.S. amid high gas prices and the importance of remanufacturing, celebrated on Re-Man Day, with environmental and cost benefits. Finally, the show touches on executive compensation trends, setting up a deeper discussion on Autoline After Hours.