Automotive Industry

Stellantis CEO Tavares says chip shortage will easily drag into 2022

Automotive Industry - 2021-07-22

The global semiconductor chip shortage that has hit automakers around the world and constrained vehicle production will easily drag into 2022, Stellantis CEO Carlos Tavares said...

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Volvo to buy parent Geely Holding's stake in China JVs

Automotive Industry - 2021-07-22

Volvo Cars said on 21 July it reached an agreement to buy out parent company Geely Holding from their joint ventures in China, aiming to take full ownership of its factories and sales business in the ...

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Daimler cuts car-sales outlook on chip shortage

Automotive Industry - 2021-07-22

Daimler said early-year growth for its main Mercedes-Benz division will be wiped out by the global semiconductor shortage that the automaker expects to put a damper on the second half...

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Ford, Argo AI to launch self-driving vehicles on Lyft network

Automotive Industry - 2021-07-22

Ford Motor and its partner Argo AI will start a self-driving ride-hailing service with Lyft in Miami and Austin, Texas, later in 2021...

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Interactive map – Automobile assembly and production plants in Europe

Automotive Industry - 2021-07-20

ACEA has published the updated automobile assembly and productions interactive map...

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Audi CEO calls for more EU investment in chip, battery cell production

Automotive Industry - 2021-07-19

Europe needs to regain lost ground in microchip production, battery cell manufacturing, software development and other digital competencies, Audi CEO Markus Duesmann said...

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What the EU's climate plan means for car CO2 emissions

Automotive Industry - 2021-07-19

Following the entry into force of the 2020/21 EU car CO2 standards, electric cars (EVs) have entered the mass market much faster than previously expected, reaching 10...

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Czech governmentt in talks with two potential battery plant investors

Automotive Industry - 2021-07-19

The Czech Republic is in talks with two potential investors, including Volkswagen Group, for an electric battery cell factory and is ready to offer billions of crowns in an incentive package, Industry...

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Daimler says Q2 earnings robust despite chips shortages

Automotive Industry - 2021-07-15

Daimler said strong sales and robust pricing for its vehicles boosted its second-quarter earnings...

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Fit for 55: EU auto industry’s initial reaction to Europe’s climate plans

Automotive Industry - 2021-07-15

Given the crucial importance of the mammoth ‘Fit for 55’ EU climate package for the auto sector and the millions of people it employs, the European Automobile Manufacturers’ Associat...

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Germany sees 14m EVs on its roads by 2030

Automotive Industry - 2021-07-14

Germany expects to have 14m electric and plug-in hybrid vehicles on its roads by 2030 as Europe’s biggest economy attempts to comply with increasingly stringent emissions rules...

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European Commission will propose cut-off date for combustion cars

Automotive Industry - 2021-07-14

 The European Commission will propose an absolute cut-off date after which all automakers will have to stop producing combustion-powered cars in the EU, its President, Ursula von der Leyen, ...

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Audi sees chip production disruption persisting until 2022

Automotive Industry - 2021-07-13

The global semiconductor shortage has been a huge challenge for Audi, cutting down production by a five-digit number, the brand's CEO Markus Duesmann said in an interview with Automotive...

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Spain will invest $5bn in electric vehicle production

Automotive Industry - 2021-07-13

Spain will invest €4...

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German carmakers likely to overtake Chinese rivals in e-car production – McKinsey

Automotive Industry - 2021-07-13

German carmakers look set to overtake Chinese companies in the production of e-cars next year, according to an analysis by conducted McKinsey...

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2021 Progress Report – Making the transition to zero-emission mobility

Automotive Industry - 2021-07-12

The 2021 update of the annual ‘Making the Transition to Zero-Emission Mobility’ report covers the progress made in the European Union on the key enabling factors for alternatively-powered ...

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Vauxhall to be all-electric in 2028

Automotive Industry - 2021-07-12

Vauxhall is opening the next chapter of its comprehensive electrification offensive: the British brand will focus entirely on full battery electric vehicles from 2028...

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Europe will propose end of combustion engine era in green overhaul, report says

Automotive Industry - 2021-07-12

The European Union is set to propose a switch to zero-emission vehicles and boosting its renewable energy target in an unprecedented push to align its economy with more ambitious climate targets...

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Stellantis invests in Ellesmere Port for electric future

Automotive Industry - 2021-07-12

Stellantis is investing £100m ($137m) in Vauxhall’s Ellesmere Port plant for the exclusive production of electric vehicles...

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BMW accepts EU emissions tech collusion fine; VW weighs appeal

Automotive Industry - 2021-07-09

BMW has agreed to a settlement proposed by the European Commission to end an antitrust investigation, while Volkswagen Group said it is considering whether to take legal action over the matter...

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