Automotive Industry

Volkswagen brand expects its 2021 electric car deliveries to double

Automotive Industry - 2021-03-18

Volkswagen expects to double electric vehicle deliveries and increase profits for its core brand this year after the world’s second-largest carmaker stepped up its switch to fully electric vehic...

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Audi stops development of new combustion engines

Automotive Industry - 2021-03-18

VW subsidiary Audi has abandoned the development of new combustion engines...

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VW targets electric-car lead by 2025 in platform push

Automotive Industry - 2021-03-17

Volkswagen Group plans to widen cost-cutting efforts by standardising key technologies as the German automaker seeks to accelerate a seismic shift toward electric cars to combat Tesla and keep traditi...

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BMW sees significant profit growth, joins rivals with ambitious EV target

Automotive Industry - 2021-03-17

BMW expects a significant increase in group profit in 2021 as it forecast a strong performance in all of its segments...

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Ford will build electric Transit van in Turkey

Automotive Industry - 2021-03-17

Ford said the next version of its Transit Custom van for the European market will go into production in Turkey in 2023 and include full-electric and hybrid variants along with the combustion-engined v...

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VW Plans to Be Battery Juggernaut in $29 Billion Answer to Tesla

Automotive Industry - 2021-03-16

Volkswagen AG is stepping up efforts to unseat Tesla Inc...

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VW lost 100,000 cars lost due to chip shortage, CEO Diess says

Automotive Industry - 2021-03-16

Volkswagen Group was unable to build 100,000 cars due to the chip shortage that has hit the automotive sector, CEO Herbert Diess said...

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German transport minister wants to save combustion engine cars with synthetic fuels

Automotive Industry - 2021-03-16

German Transport Minister Andreas Scheuer wants throw a lifeline to combustion engine cars by scaling up the use of synthetic fuels and fight more stringent EU emission rules...

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VW eyes global electric-car lead by 2025 in platform push

Automotive Industry - 2021-03-16

Volkswagen Group plans to widen cost-cutting efforts by standardising key technologies as the German manufacturer seeks to accelerate a seismic shift toward electric cars to combat Tesla and keep trad...

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VW plans more job cuts in Germany

Automotive Industry - 2021-03-15

Volkswagen Group plans to cut more jobs in Germany through voluntary measures such as partial retirement and buyout packages as part of efforts to trim fixed costs...

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Mitsubishi to sell models in Europe made by Renault from 2023

Automotive Industry - 2021-03-15

As part of an agreement to build on joint purchasing and vehicle standardisation announced by the Renault-Nissan-Mitsubishi (RNM) Alliance last year, Mitsubishi Motors will begin selling two models pr...

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Toyota chief's warning to Apple: The car business is not easy

Automotive Industry - 2021-03-12

Toyota President Akio Toyoda offered a warning to Apple, which is plotting a foray into the auto industry: There’s more to the business of selling cars than just having the technology to produce...

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Alfa Romeo and Lancia will enjoy stronger investments under Stellantis, Elkann says

Automotive Industry - 2021-03-12

Alfa Romeo and Lancia will enjoy stronger investments under Stellantis, the new automaker formed from Fiat Chrysler's merger with PSA Peugeot Citroën, Stellantis Chairman John Elkann said...

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VW moves more vehicles by rail than road in Spain

Automotive Industry - 2021-03-12

Volkswagen has been able to move more finished vehicles using rail than road in Spain thanks to services provided by Deutsche Bahn subsidiary, Transfesa Logistics...

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Tesla plans to open Berlin plant in July despite delays – media report

Automotive Industry - 2021-03-11

Tesla sticks to its timetable and wants to open its "gigafactory" in Grünheide, near Berlin, in the summer despite recent delays, industry sources told German newswire dpa...

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Apple to open $1.2bn semiconductor design centre in Germany

Automotive Industry - 2021-03-11

Apple plans to establish a European silicon design centre in Munich, Germany, and invest more than €1 bn ($1...

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Groupe Renault to supply models for Mitsubishi Motors in Europe

Automotive Industry - 2021-03-10

Starting 2023, Mitsubishi Motors will procure two models produced by Groupe Renault, for selected markets in Europe...

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Continental expects chip shortage to drag on for months

Automotive Industry - 2021-03-10

Continental expects the auto industry's microchip shortage to drag on for months, CEO Nikolai Setzer said on 3 March...

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EU sets 2030 target to produce cutting-edge semiconductors, first quantum computer

Automotive Industry - 2021-03-10

The European Union wants to produce a fifth of the global output of cutting-edge semiconductors at the end of this decade and make its first quantum computer in five years, as part of efforts to cut i...

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Carmakers forced to extend shutdowns because of microchip shortage

Automotive Industry - 2021-03-10

Ford and GM have been forced to extend assembly plant closures because of a shortage in the supply of semiconductors, a problem that continues to disrupt vehicle production globally...

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