Automotive Industry

Applications for German government's e-car buyer's premium soar to record level

Automotive Industry - 2020-08-05

The number of applications for Germany's e-car purchase premium reached a record level in July, the economy ministry said...

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Germany's car industry shows initial signs of recovery

Automotive Industry - 2020-08-05

Germany's car industry has seen demand picking up after coronavirus-related restrictions were eased and auto industry exports are expected to rise, a survey published by the Ifo economic institute...

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No More New Mitsubishis In Europe, Sales To Wind Down

Automotive Industry - 2020-08-04

The company will focus its business on Southeast Asia...

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Russian regulator backs Hyundai purchase of GM plant

Automotive Industry - 2020-08-04

Russia's Anti-Monopoly Service said on Monday it had approved Hyundai's possible acquisition of a General Motors factory in St...

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Audi using drone to locate vehicles at Neckarsulm

Automotive Industry - 2020-08-04

In the latest example of Industry 4...

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Tesla on track for swift Berlin plant completion, minister says

Automotive Industry - 2020-08-03

Tesla could be on track to complete its new plant near Berlin more quickly than its Shanghai facility, according to a local government minister...

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Italy to help auto sector, minister says

Automotive Industry - 2020-08-03

Italy's latest stimulus package, aimed at helping the economy overcome the coronavirus pandemic, will include assistance for the auto and tourism sectors, Economy Minister Roberto Gualtieri said...

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Industry needs clarity, time to reach EU clean-air target, ANE Congress panelists say

Automotive Industry - 2020-07-31

The European Union needs to offer automakers more clarity on future regulations and to oversee the faster rollout of a charging infrastructure, a panel of industry executives told viewers of the lates...

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Germany generates enough power to meet e-car growth, government says

Automotive Industry - 2020-07-30

Germany’s federal government believes the country has sufficient power generation capacity to accommodate a major expansion in the number of electric cars, according to a parliamentary repo...

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German car sector a big winner as export hopes grow, research body says

Automotive Industry - 2020-07-29

Export expectations in the manufacturing sector of Europe's largest economy rose in July, with the automotive industry among the biggest winners, the country's Ifo institute said, in a boon fo...

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BMW says hydrogen fuel cells remain important technology option for passenger cars

Automotive Industry - 2020-07-28

Carmaker BMW says hydrogen-based fuel cell technology will remain an important option for low-carbon propulsion systems of passenger cars, challenging the position of its national competitor...

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UK grid planning for 30M EVs by 2040

Automotive Industry - 2020-07-28

The number of electric cars on Britain's roads will jump to 30m in the next 20 years, helped by government policies to phase out the sale of combustion-engine cars...

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No premium without responsibility: BMW Group makes sustainability and efficient resource management central to its strategic direction

Automotive Industry - 2020-07-28

The BMW Group is making sustainability and resource efficiency central to the company’s strategic direction...

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Hyundai warns of long recovery due to virus

Automotive Industry - 2020-07-24

Hyundai Motor reported a smaller-than-expected drop in profit on high-margin domestic sales and said, while demand should pick up soon, the pace of recovery will be slow due to the impact of the coron...

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Spanish court ruling confirms ‘clean’ gas vehicles are a myth

Automotive Industry - 2020-07-23

Spain’s highest court has ruled that gas-powered cars can be excluded from benefiting from ‘scrappage’ schemes because they are worse for the climate than diesel vehicles...

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Daimler expects to make profit this year despite Q2 loss

Automotive Industry - 2020-07-23

Daimler expects to generate an operating profit this year, after second-quarter results signaled the maker of Mercedes-Benz cars weathered the unprecedented industry slump better than feared...

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Audi expects pre-pandemic sales levels by 2022/2023

Automotive Industry - 2020-07-23

Audi expects car sales to reach pre-COVID-19 levels only by 2022 or 2023, CEO Markus Duesmann told a German business daily...

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Nissan offers to postpone Barcelona plant closure

Automotive Industry - 2020-07-22

Nissan is willing to postpone until June 2021 the closure of its vehicle assembly and parts plants here, a top executive from the automaker said...

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Toyota sees further production recovery in August

Automotive Industry - 2020-07-22

Toyota said it will make 2% fewer vehicles globally in August than originally planned, as output recovers gradually from a steep drop because of the coronavirus pandemic...

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New cars in Germany becoming greener, but not green enough

Automotive Industry - 2020-07-22

New vehicles in Germany are getting greener: average CO2 emissions of cars registered in the first half of 2020 were 4...

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