Automotive Industry

Automakers, suppliers scale back, issue profit warnings as coronavirus spreads

Automotive Industry - 2020-02-03

Automakers and suppliers suspended production and limited employee travel in China as the country grappled with a rapidly spreading SARS-like coronavirus that has killed 170 people and is threatening ...

Read more

Hyundai aims to be Europe's top EV producer

Automotive Industry - 2020-01-31

Hyundai aims to be the biggest producer of electric cars in Europe this year after launching output of a battery-powered version of the Kona at its Czech Republic plant...

Read more

UK tax on US tech firms could backfire on car industry

Automotive Industry - 2020-01-31

The UK government’s commitment to a 2% tax on the sales of US technology giants, including Apple, Amazon and Facebook, could lead to retaliatory taxes on the UK automotive industry, which export...

Read more

Carbon neutrality by 2050 is possible, but Green Deal requires efforts from all stakeholders

Automotive Industry - 2020-01-29

Earlier this week, I presented how Europe’s automobile industry is getting ready to make the transition to carbon-neutral transport at a high-level conference hosted by Frans Timmermans, the Eur...

Read more

Tesla eyes German state aid for new gigafactory as Musk weighs in on environmental concerns

Automotive Industry - 2020-01-28

American e-carmaker Tesla has applied for state subsidy payments in Germany to fund battery cell research and production in the host country of the company's planned new gigafactory, business dail...

Read more

UK considers high tariff threat to raise pressure in trade negotiations, paper says

Automotive Industry - 2020-01-28

British Prime Minister Boris Johnson is mulling the threat of high tariffs to raise pressure on the European Union, the United States and other nations to strike trade deals with Britain, The Tim...

Read more

Carmakers renew calls for recharge revolution, as grim sales figures loom

Automotive Industry - 2020-01-27

Some of the EU’s most powerful auto players called once again on Wednesday (22 January) for a mass rollout of recharging points and refuelling stations for fuels like hydrogen, as the industry o...

Read more

Jeep, Suzuki models face EU ban for breaking emissions rules

Automotive Industry - 2020-01-24

Fiat Chrysler’s Jeep Grand Cherokee and Suzuki’s Vitara diesel models both break emissions rules and must be fixed or face a ban on sales across Europe, the Dutch road authority ruled on 2...

Read more

European car market will shrink by 2% in 2020, ACEA says

Automotive Industry - 2020-01-24

Europe's auto industry is likely to contract this year, industry association ACEA said, fueling concerns that automakers' best years are behind them for now...

Read more

Automotive industry looks for silver linings in China-US trade ‘truce’

Automotive Industry - 2020-01-23

On the face of it last week’s signing of a ‘phase one’ agreement between the US and China is more of a truce than a substantial trade deal, though that is no less welcome given the t...

Read more

Trump threatens tariffs on car imports from EU if no trade deal struck

Automotive Industry - 2020-01-23

President Donald Trump on Wednesday threatened to impose high tariffs on imports of cars from the European Union if the bloc does not agree to a trade deal...

Read more

VW says govt support could spark 'initial ignition' for switch to e-mobility

Automotive Industry - 2020-01-22

German carmaker Volkswagen is in favour of support for electric cars, which can provide the "initial ignition" needed to encourage the transition to electric mobility, but only in the "...

Read more

Toyota claims 100% use of renewable electricity in Europe

Automotive Industry - 2020-01-22

Toyota Motor Europe’s (TME)’s 14 parts distribution centres (PDCs) and seven vehicle logistics centres (VLCs) have been instrumental in ensuring all electricity the company used across the...

Read more

UK will ensure no Brexit cliff-edge for automakers, minister says

Automotive Industry - 2020-01-22

Automakers with UK operations will not face a regulatory cliff-edge that damages their competitiveness in European markets at the end of 2020, according to Prime Minister Boris Johnson's governmen...

Read more

Germany's carmakers will need state aid to overcome greatest disruption yet – opinion

Automotive Industry - 2020-01-21

The possible end of combustion engines in the not-so-distant future spells great challenges for Germany's car industry, which is accustomed to success but now could struggle to master the coming d...

Read more

Germany confirms US car tariff threat over Iran deal

Automotive Industry - 2020-01-20

Berlin has confirmed that the U...

Read more

Germany plans aid for struggling auto industry

Automotive Industry - 2020-01-17

Chancellor Angela Merkel's government is preparing measures to aid workers in Germany's struggling auto sector, according to the labor ministry...

Read more

From 185,000 EV charging points now to 3m in 10 years, says T&E analysis

Automotive Industry - 2020-01-17

Zero-emission transport can only happen with zero-emission infrastructure...

Read more

German car industry degraded to supporting role at electronic fair CES

Automotive Industry - 2020-01-16

At the Las Vegas consumer electronics show CES, technology "made in Germany" only plays a supporting role, while real progress happens elsewhere, report Stefan Beutelsbacher and Thomas ...

Read more

New cars still way behind in reaching EU emission standards by 2021

Automotive Industry - 2020-01-15

While the European Union has set a limit of 95g/km for new vehicles in 2021, with one year to go before the deadline, manufacturers are stagnating at 122g/km according to AAA Data...

Read more