Automotive Industry

Vehicle electrification shakes up export and import flows

Automotive Industry - 2021-06-14

The electric vehicle revolution has reached some countries sooner than others, both in terms of customer uptake and manufacturing...

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Daimler CEO hits back at critics of 'greenness' of plug-in hybrid cars

Automotive Industry - 2021-06-14

Daimler Head Ola Kallenius defended plug-in-hybrid cars from critics who say the vehicles' environmental friendliness is overstated...

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Germany lobbying EU for stricter climate rules, report says

Automotive Industry - 2021-06-14

Germany is lobbying the European Commission to set stricter climate protection targets for the region's car and aviation industries, according to Frankfurter Allgemeine Sonntagszeitung...

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G-7 summit eyes ambitious shift to electric cars and away from oil

Automotive Industry - 2021-06-11

Group of Seven leaders are discussing ambitious plans to shift the balance of car buying away from gasoline to greener vehicles by the end of the decade, as part of a package of measures to combat cli...

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Time for Norway to tax luxury electric cars, IMF economists say

Automotive Industry - 2021-06-11

Norway should begin taxing high-end battery-powered cars to lower the overall cost of its generous electric vehicle incentives, economists at the International Monetary Fund (IMF) said in a working pa...

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VW will get back $351M in diesel settlement with former execs

Automotive Industry - 2021-06-10

Volkswagen Group said it has reached agreement with former CEO Martin Winterkorn and three other former top executives over compensation for their involvement in the automaker's diesel-emissions s...

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Europe risks wasting €27bn battery opportunity with weak CO2 targets - study

Automotive Industry - 2021-06-10

While investors have poured billions into the battery industry, and Europe is set to have enough batteries to power over 90% of all new vehicle sales by 2030, a slowdown in electric vehicle sales woul...

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Renault charged with diesel deception by French investigators

Automotive Industry - 2021-06-09

French investigators charged Renault with deceiving on emissions in ongoing fallout from the diesel scandal that erupted when Volkswagen admitted to cheating tests almost six years ago...

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EV battery supply chains on the move

Automotive Industry - 2021-06-09

A new report by Automotive from Ultima, the business intelligence arm of Automotive Logistics, outlines the scale of investment underway and set over the next decade by both OEMs and lithium...

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Bosch opens German chip plant, its biggest investment to date

Automotive Industry - 2021-06-08

Robert Bosch opened a €1bn ($1...

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Toyota says new minicar for Europe will be built at Czech plant

Automotive Industry - 2021-06-07

Toyota has confirmed it will build its new minicar previewed by the Aygo X concept at its plant in Kolin in the Czech Republic...

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Musk says panic buying of chips is like rush on toilet paper during pandemic

Automotive Industry - 2021-06-03

Elon Musk said the chip shortage is wreaking havoc on Tesla’s supply chain and blamed companies ordering more microcontrollers than they need, much like consumers hoarded toilet paper ...

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Renault to set up electric-car hub in France as standalone unit

Automotive Industry - 2021-06-03

Renault is taking major steps toward creating an electric-vehicle manufacturing hub in northern France in a bid to better compete in Europe’s fast-growing EV market...

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Musk says Tesla prices increasing due to supply chain pressure

Automotive Industry - 2021-06-02

The price of Tesla vehicles is increasing due to supply chain pressures across the auto industry, particularly for raw materials, Elon Musk said on 31 May in response to a tweet...

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How EV designers are reimagining classic grilles

Automotive Industry - 2021-06-02

When BMW unveiled its next generation of electric vehicles — the i4 and the iX SUV — in March 2021, their faces generated at least as much chatter as their electric powertrain...

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Porsche, Piech families may take direct stake in possible Porsche IPO, report says

Automotive Industry - 2021-06-01

The Porsche and Piech families are prepared to take a direct stake in Volkswagen Group's Porsche brand if the sports-car unit is separately listed, two people familiar with the matter said...

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Company cars: Time to end one of the largest fossil fuel subsidies in Europe

Automotive Industry - 2021-05-31

Belgium is a small country, known for its beer, chips and impossibly complex political structure...

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Rolls-Royce confirms the development of 'Silent Shadow' EV

Automotive Industry - 2021-05-28

Rolls-Royce confirmed it is working on an all-new vehicle called Silent Shadow as the iconic ultraluxury UK brand prepares to offer a full-electric car to its customers this decade...

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Stellantis finalises its engineering leadership as FCA and PSA brands merge technologies

Automotive Industry - 2021-05-28

Stellantis has chosen the top Executives in its engineering organisation as the new group seeks to accelerate electrification and integrate Fiat Chrysler Automobiles's product lines with PSA Peuge...

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April UK car production rebounds, but remains short of recovery

Automotive Industry - 2021-05-27

UK factories turn out 68,306 cars in April, up dramatically on pandemic hit month in 2020 but still -3...

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