Automotive Industry

VW expects worsening production hit from chip shortage

Automotive Industry - 2021-04-26

Volkswagen Group has warned Managers to prepare for a bigger production hit in the second quarter than in the first quarter due to a global chip shortage, the Financial Times reported...

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Europe’s Electric-Car Share Surge Endures as Market Recovers

Automotive Industry - 2021-04-26

The shift to electric cars in Europe is proving to have staying power...

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Fuel types of new cars: battery electric 5.7%, hybrid 18.4%, petrol 42.2% market share in Q1 2021

Automotive Industry - 2021-04-23

In the first quarter of 2021, hybrid electric vehicles made up 18...

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Daimler raises outlook, says chip shortage may impact Q2 sales

Automotive Industry - 2021-04-23

Daimler raised its profit outlook for 2021, but warned that the global semiconductor chip shortage may continue to impact its sales in the second quarter...

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Jaguar Land Rover to pause some UK production on chip shortage

Automotive Industry - 2021-04-23

Jaguar Land Rover will pause production at two UK factories, partly because of a shortage of computer chips...

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UK's driverless-car ambitions hit speed bump with insurers

Automotive Industry - 2021-04-22

Britain's goal to be a leader in adopting self-driving cars could backfire unless automakers and government regulators spell out the current limitations of the technology, insurance companies warn...

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Daimler will put up to 18,500 workers on short-time work due to chip shortage

Automotive Industry - 2021-04-22

Daimler will put up to 18,500 Mercedes-Benz workers in Germany on short-time work due to a global shortage of chips...

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Light at the end of the Suez canal but challenges for automotive

Automotive Industry - 2021-04-22

Of the many disruptions the pandemic has caused, the chain reaction of delays and spiralling costs in container global container shipping must have been one of the hardest to deal with...

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Volvo Trucks ready to electrify a large part of goods transports

Automotive Industry - 2021-04-21

With the sales start on 2021 of three new heavy-duty all-electric models, Volvo Trucks believes the time is right for a rapid upswing in electrification of heavy road transport...

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Musk says Autopilot was off in U.S. Tesla crash

Automotive Industry - 2021-04-21

Texas police will serve search warrants on Tesla on 20 April to secure data from a fatal vehicle crash, a senior officer told Reuters on 19 April, after CEO Elon Musk said company checks showed t...

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Tesla with ‘no one’ driving crashes in Texas, killing 2

Automotive Industry - 2021-04-19

A Tesla electric car that “no one” appeared to be driving crashed late 17 April in Texas, erupting into flames and killing the two passengers, according to local authorities...

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Chip shortage casts shadow on China's auto industry recovery

Automotive Industry - 2021-04-19

Auto industry Executives are rattled by a global shortage of semiconductors which is hitting production in China, after hoping the world's biggest car market could spearhead global recovery in the...

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How Stellantis will speed up its EV transition

Automotive Industry - 2021-04-19

Stellantis will produce almost all its electrified automobiles for Europe and North America on 4 “battery-focussed” platforms with ranges as much as greater than 800km (497 miles) by the c...

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Renault seeks to generate $1.2B from 'circular economy'

Automotive Industry - 2021-04-19

Renault will seek to generate more than €1bn ($1...

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Chip shortage weighs on car sector recovery, VW CEO says

Automotive Industry - 2021-04-16

An ongoing shortage of crucial semiconductors is the only factor weighing on a global recovery of the car sector from the coronavirus crisis, Herbert Diess, CEO of Volkswagen Group, said on 15 April...

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Europe sales surge 63% in March as market slowly recovers

Automotive Industry - 2021-04-16

European new-car sales surged 63% in March, recovering from the collapse a year ago when coronavirus lockdowns hit sales, even as virus-related restrictions persist in key markets...

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The way we buy cars has changed forever

Automotive Industry - 2021-04-16

The impact of the Covid-19 pandemic has accelerated a latent online sales trend, with more than 50% of vehicles across Europe currently sold across some form of online channels, according to new resea...

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Ford Answers GM, Tesla Hands-Free Systems With BlueCruise

Automotive Industry - 2021-04-15

On the heels of a series of long road trips that crisscrossed the US and Canada, Ford is ready to launch during the third quarter of 2021 a hands free-driving system dubbed BlueCruise on two of i...

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VW must repay customers who took loans on rigged diesels, German court says

Automotive Industry - 2021-04-14

Volkswagen must fully compensate customers who took out loans to buy diesel cars that were discovered to be fitted with devices to cheat emissions tests, a German Court has ruled...

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Geely's Lotus said to weigh raising $1bn for EV shift

Automotive Industry - 2021-04-14

Zhejiang Geely Holding Group is considering raising about $1bn to help expand Lotus Cars into the electric vehicles market in China, according to people familiar with the matter...

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