Automotive Industry

Tesla rival Nio to launch in five more European countries after Norway

Automotive Industry - 2021-05-07

Chinese EV company Nio will start sales in five more European countries in 2021 following its launch in Norway in 2021...

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Tesla is losing source of revenue that has been key to profits

Automotive Industry - 2021-05-07

Tesla is about to lose one source of the regulatory-credit revenue that has been crucial to its almost two-year run of consecutive quarterly profits...

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BMW sees semiconductor investment wave easing supply crunch

Automotive Industry - 2021-05-07

BMW expects the global shortage of semiconductors hindering automotive production to be resolved as companies and governments zero-in on the issue...

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VW raises full-year outlook, warns on growing chip shortage

Automotive Industry - 2021-05-06

Volkswagen Group raised its earnings outlook following robust first-quarter earnings, helped by a swift market recovery in China and higher demand for battery-powered vehicles...

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EU Industrial Strategy: In-depth review comes at the right time; building on existing technology strengths is essential

Automotive Industry - 2021-05-06

Commission sees automotive as one of the 14 critical ecosystems in the EU...

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Europe looks to secure chip supply after 'naive' past approach

Automotive Industry - 2021-05-06

Europe was naive to outsource so much of its semiconductor design and manufacturing in recent decades, a top government Official said ahead of unveiling more details around plans to double the region&...

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Volkswagen Board discusses decarbonisation plan with independent Sustainability Council

Automotive Industry - 2021-05-05

At their first joint meeting this year, Volkswagen Group Board of Management and the independent Volkswagen Sustainability Council discussed the Group’s decarbonisation plan and activities...

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Stellantis to hit emissions target without Tesla's help, CEO Tavares says

Automotive Industry - 2021-05-05

Stellantis expects to achieve its European CO2 emissions targets this year without environmental credits bought from Tesla, Carlos Tavares told a French newspaper...

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Stronger partnerships will drive a more sustainable car sector

Automotive Industry - 2021-05-05

Overcoming the disruptions caused to the automotive industry over the last 12 months by the Covid pandemic has revealed the importance of long-term partnerships between OEMs, and their parts and logis...

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Intel says chip shortage will persist for 'couple of years'

Automotive Industry - 2021-05-04

The global semiconductor shortage roiling a wide range of industries likely will not be resolved for a few more years, according to Intel's new CEO Pat Gelsinger...

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Ford pauses production in Europe again on chips shortage

Automotive Industry - 2021-05-04

Ford is pausing production at nearly all its car plants in Europe for several weeks due to a shortage of microchips...

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VW brand boss expects chip supply to remain tight in coming months

Automotive Industry - 2021-05-03

Volkswagen expects semiconductor supplies to the car sector to remain tight in coming months, the Head of the autormaker's namesake brand was quoted as saying on 1 May...

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Germany's Bundesbank expects chip bottlenecks in domestic industry to worsen in Q2

Automotive Industry - 2021-04-30

The chip supply bottlenecks in German industry will likely worsen in the second quarter and lead to an overall weaker recovery of Europe's largest economy in 2021, Jens Ulbrich, the Bundesbank'...

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Fiat-Jeep plant to halt production again in May, union says

Automotive Industry - 2021-04-30

Stellantis will halt production at its Melfi plant in southern Italy from 3 May to 10 May because of low demand triggered by the COVID-19 crisis and semiconductor shortages, the UILM union said...

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Global EV Outlook 2021

Automotive Industry - 2021-04-30

There were 10m electric cars on the world’s roads at the end of 2020, following a decade of rapid growth...

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BMW, Mini production hit by global chip shortage

Automotive Industry - 2021-04-29

BMW is giving way to the global shortage of semiconductors after months of managing to maintain output in the latest indication the auto industry’s supply-chain woes are only getting worse...

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UK government approves 'self-driving' cars on motorways

Automotive Industry - 2021-04-28

The UK government on 28 April became the first country to announce it will regulate the use of self-driving vehicles at slow speeds on motorways, with the first such cars possibly appearing on public ...

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Lotus joins industry shift to all-electric

Automotive Industry - 2021-04-28

Lotus Cars will only produce electric cars by the “late 2020s,” CEO Matt Windle said...

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Toyota will add plug-in hybrid production in Europe

Automotive Industry - 2021-04-27

Toyota will build plug-in hybrid cars in Europe and could also produce full-electric cars in the region as the automaker accelerates the electrification of its lineup...

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IKEA, Volvo, Uber among companies telling EU to end petrol and diesel car sales by 2035

Automotive Industry - 2021-04-26

EU lawmakers should set an end date for selling new combustion engine cars in Europe no later than 2035, 27 companies have said in a joint appeal on 23 April...

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