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Six consecutive months of growth for UK car production

Automotive Industry SMMT - 2024-03-28

UK car production rises 14.6% in best February performance since 2021. Manufacturing for domestic market surges, up 58.0%, while exports rise 4.6%. Electrified vehicles represent more than a third of output …

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Electric Cars Pass the Tipping Point to Mass Adoption in 31 Countries

Automotive Industry Bloomberg - 2024-03-28

Once 5% of new-car sales go fully electric, everything changes — according to a Bloomberg Green analysis of transitions underway across four continents.  …

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Ford considers building a new SUV in Spanish plant

Automotive Industry Automotive News Europe - 2024-03-28

Politicians and unions welcomed the addition of a new model at the Valencia factory, which employs 4,800 people. Ford Motor is considering building a new SUV at its factory in Valencia, Spain, the company said. …

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Hyundai boosts investment in EVs, software-defined vehicles

Automotive Industry Automotive News Europe - 2024-03-27

Almost half the investment will be spent on EV R&D, including software-defined vehicles and battery technology. …

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Renault, Nissan to launch 4 new models in India, but EVs on hold

Automotive Industry Automotive News Europe - 2024-03-27

The alliance partners said market conditions and regulations were not yet in place to launch electric vehicles in India, the world's third-largest auto market. …

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BYD targets 20% jump in 2024 vehicle sales to 3.6M

Automotive Industry Automotive News Europe - 2024-03-27

BYD Chairman Wang Chuanfu the new energy vehicle market is in a "knockout round" with a battle for scale, cost and technology to be played out from 2024-26. …

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Stellantis signs deals to cut at least 2,500 jobs in Italy

Automotive Industry Automotive News Europe - 2024-03-26

Stellantis said further agreements are expected for sites in Italy in the coming days, under a framework agreed with unions. …

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Renault in advanced talks with partners to recycle EV batteries

Automotive Industry Automotive News Europe - 2024-03-26

There are growing concerns about Europe's heavy reliance on China for battery materials. …

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Nissan aims for EV-ICE cost parity in new business plan

Automotive Industry Automotive News Europe - 2024-03-25

Nissan's new midterm business plan aims to lift the automaker's struggling electrified vehicle strategy and reverse years of sliding global sales. …

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Battling the bottlenecks in European vehicle distribution

Automotive Industry Automotive Logisics - 2024-03-25

Capacity constraints in finished vehicle logistics are a big headache for the automotive industry at the moment and carmakers have been chartering their own trucks and ocean ro-ro vessels to secure the space and get their cars to the end …

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