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Volkswagen EVs 'can't keep up' in China, CEO tells newspaper

Automotive Industry Reuters - 2024-04-05

Volkswagen wants to avoid setting "utopian" goals for its market share in China, its CEO told German newspaper FAZ on Friday, 5 April 2024, adding that anything above 10% was "very respectable" given the intense competition. …

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March new car market sustains growth as manufacturers shore up electrified demand

Automotive Industry SMMT - 2024-04-04

New car registrations rise 10.4% in best March since 2019 and 20th consecutive month of growth. Overall increase driven by fleet investment with weak confidence constraining private retail demand. Industry c …

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Global and European vehicle production and the impacts on logistics

Automotive Industry Automotive Logistics - 2024-04-04

Henner Lehne, vice-president, Global Vehicle Forecasting, Automotive, S&P Global Mobility presents his analysis and predictions for the global and regional vehicle sales and production outlook. …

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Tavares: EVs not a one-size-fits-all mobility fix

Automotive Industry Automotive News Europe - 2024-04-03

Stellantis' CEO says EV battery weight needs to be cut in half over the next decade with new chemistries that don't require such a huge amount of raw materials. …

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Flexis to build electric vans for Renault, Renault Trucks and potentially Nissan

Automotive Industry Automotive News Europe - 2024-04-03

The vans are on a dedicated 'skateboard' chassis. No price was revealed but executives are emphasizing lower cost of ownership versus diesel vans. …

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BMW to form SDV joint venture with India's Tata Technologies

Automotive Industry Automotive News Europe - 2024-04-02

The JV will contribute to BMW's strategic expansion of software coding capabilities across its global IT hubs. …

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Renault said to start development of new Twingo, a rival to low-cost Chinese EVs

Automotive Industry Automotive News Europe - 2024-04-02

A 2026 production start is targeted for the entry-level EV that may be shared with VW. …

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Renault to build Flexis vans in Normandy

Automotive Industry Electrive - 2024-04-02

Renault has selected its plant in Sandouville, France, as the production site for the new electric vans from Flexis, Renault's recently established joint venture with the Volvo Group. Production will kick off in 2026. …

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Porsche boosts logistics efficiency at Zuffenhausen with MHP software

Automotive Industry Automotive Logisics - 2024-04-02

Porsche’s IT and process consulting subsidiary, MHP, is supplying the carmaker with a centralised fleet management system to control automated logistics at its Zuffenhausen assembly plant in Germany. …

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Xiaomi takes aim at Tesla in Chinese auto market with $29,870 electric car

Automotive Industry Reuters - 2024-03-29

Chinese smartphone maker Xiaomi launched a sporty electric car on 28 March with styling cues drawn from Porsche and priced below Tesla's, opens new tab Model 3, highlighting the stiff competition from new entrants in an already crow …

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