Automotive Industry

Stellantis will increase pace of EV launches in Europe, US

Automotive Industry - 2021-03-05

Stellantis will go “full throttle” on battery-electric vehicles to meet emissions goals in Europe and the US, as hybrid powertrains eventually “disappear,” CEO Carlos Tavares s...

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VW's ID3 electric car stacks up well against Tesla in UBS teardown

Automotive Industry - 2021-03-04

A teardown of Volkswagen's first dedicated full-electric vehicle found it measures up favorably to Tesla models in several key aspects...

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Stellantis waiting for UK support on Vauxhall plant

Automotive Industry - 2021-03-04

Any investment by Stellantis in its Vauxhall plant in Ellesmere Port, England, is dependent on support from the British government, CEO Carlos Tavares said in an interview with a French newspaper...

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Stellantis aims to lift Fiat Chrysler margins toward PSA levels

Automotive Industry - 2021-03-03

Stellantis, created by the merger of Fiat Chrysler Automobiles and PSA Peugeot Citroën, aims to lift profit margins this year toward the levels attained by its CEO Carlos Tavares at PSA Peugeot C...

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GEFCO Partners with Polestar for Home Delivery of Cars in China

Automotive Industry - 2021-03-03

GEFCO is partnering with Polestar to deliver electric cars to individual customers in Shanghai and Beijing...

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UK 'very hopeful' for Vauxhall factory's future as investment decision looms

Automotive Industry - 2021-03-02

Britain is "very hopeful" that a good outcome can be found for the Vauxhall car factory, Business Minister Kwasi Kwarteng said on 1 March, as owners weigh up Brexit and electrification in a ...

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New EU car emissions rules could lead to major job losses – BMW works council head

Automotive Industry - 2021-03-01

Stricter European passenger car CO2 limits could lead to major job losses, Manfred Schoch, chairman of the BMW Group Works Council, said during an event of the Mobil in Deutschland...

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EV costs, regulations drive Renault’s decision to cut engine lineup

Automotive Industry - 2021-03-01

Renault plans to launch seven full-electric vehicles by 2025, and has just signed an agreement for a joint venture with Plug Power to develop hydrogen fuel cell technology, starting with a h...

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New small Jeep to go into production in July 2022, sources say

Automotive Industry - 2021-03-01

The first Jeep model built on a PSA Peugeot Citroën Group platform as part of the merger with Fiat Chrysler Automobiles that formed Stellantis will start production in July 2022 in Tychy, Po...

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Stellantis seeks UK aid to convert Vauxhall plant for EVs

Automotive Industry - 2021-02-26

Stellantis is reviewing options for its Ellesmere Port car factory in England including closing the plant if it cannot reach a deal with the British government on new investments...

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January UK car production falls -27.3% as industry calls for measures to support competitiveness

Automotive Industry - 2021-02-26

UK car production fell -27...

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Car CO2 targets can only be as ambitious as the infrastructure deployed on the ground in Europe

Automotive Industry - 2021-02-26

This year will be a pivotal one for the EU auto industry in the transition to carbon neutrality...

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Germany to reach one million e-cars target this year – government advisors

Automotive Industry - 2021-02-25

Germany will probably reach its target of having 1m fully electric or plug-in hybrid cars on the road this year, government advisors have said...

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Geely says revised Volvo pact better serves its investors

Automotive Industry - 2021-02-25

Geely Automobile CEO Gui Shengyue talked up the decision not to pursue a full merger with Volvo Cars, saying on an investor call that shareholders’ interests are better served if the two compani...

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Biden to press for $37bn to boost chip output amid shortage

Automotive Industry - 2021-02-25

President Joe Biden said on 24 February he would seek $37bn in funding for legislation to supercharge chip manufacturing in the United States as a shortfall of semiconductors has forced US automa...

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Fiat's Italian plants have higher costs, Stellantis CEO Tavares tells unions

Automotive Industry - 2021-02-25

Average production costs for cars in Italy are higher than in other countries where the automaker operates, such as France and Spain, Stellantis CEO Carlos Tavares told unions...

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BMW CEO doubts Tesla can keep up growth as rivals gain pace

Automotive Industry - 2021-02-24

Tesla's years-long dominance of electric-car sales may soon end as traditional automakers introduce a slew of new battery-powered models, BMW CEO Oliver Zipse said...

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EU Green Deal requires binding targets for e-car charging infrastructure – BMW CEO

Automotive Industry - 2021-02-24

Europe needs to show more speed and commitment to the expansion of charging infrastructure for electric vehicles, CEO of German car manufacturer BMW Oliver Zipse argues in an op-ed...

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Mitsubishi could restart European sales, report suggests

Automotive Industry - 2021-02-24

Mitsubishi is on the verge of reversing its decision to exit Europe amid mounting pressure from its Renault and Nissan partners, according to the Financial Times...

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Daimler considers earlier exit from combustion engine – media report

Automotive Industry - 2021-02-23

German carmaker Daimler is considering an earlier end to the combustion engine for its Mercedes brand than the currently envisaged 2039, unnamed sources told business daily Handelsblatt...

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