Automotive Industry

BMW beats EU CO2 emissions target, boosted by higher EV demand

Automotive Industry - 2022-03-21

BMW plans to make the Mini brand all-electric by 2030 and in 2023 a new joint venture plant in China with Great Wall is scheduled to start production of two Mini EVs for China and globa...

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Maserati speeds up EV shift, will be all-electric by 2030

Automotive Industry - 2022-03-18

Maserati will sell only full-electric cars from 2030 and will launch its last two new models with internal combustion engine variants in 2023...

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VW will ramp up Wolfsburg output after Ukraine supply disruption

Automotive Industry - 2022-03-18

Volkswagen is ramping up production at its main plant in Wolfsburg, Germany, starting from 21 March, after a two-week pause caused by parts shortages due to the Russian invasion of Ukraine...

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BMW's German, UK factories will return to full output

Automotive Industry - 2022-03-17

BMW Group said it would resume full production next week at factories that were halted or slowed by supply bottlenecks after Russia’s invasion of Ukraine...

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Audi's Neckarsulm plant stops production on supply chain disruption

Automotive Industry - 2022-03-17

Audi’s Neckarsulm plant in Germany has been forced to shut down production since the beginning of the week, an Audi Spokesperson confirmed to Automotive News Europe...

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Jeep plant in Italy to slow operations as chips run short

Automotive Industry - 2022-03-16

A worsening in microchip supply conditions triggered by Russia's invasion of Ukraine is forcing Stellantis to slow operations at its key Melfi plant in Italy in April 2022, unions said...

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Ukraine parts shortages put 15% of European auto output at risk, analyst says

Automotive Industry - 2022-03-16

A shortage of wire harnesses built in Ukrainian factories that have closed after the Russian invasion could affect 700,000 vehicles in the first half of 2022...

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BMW cuts 2022 automotive margin forecast due to Ukraine war

Automotive Industry - 2022-03-16

BMW Group has lowered its profit margin expectations for its automotive segment for 2022 due to the war in Ukraine, which will have an effect on supply chains and weigh on the global ec...

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EU said to mull Russia export ban on cars worth over €50,000

Automotive Industry - 2022-03-15

The EU is discussing a ban on exports of luxury vehicles worth more than €50,000 ($54,760) to Russia as part of its latest sanctions package, according to two diplomats familiar with the pla...

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VW's outlook is thrown into question by Ukraine war, CEO warns

Automotive Industry - 2022-03-15

Volkswagen Group warned that semiconductor shortages, supply bottlenecks, high commodity prices and the Russia-Ukraine conflict could hit growth in 2022, as the challenges facing the au...

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Europe's automakers scramble to replace Ukrainian auto parts

Automotive Industry - 2022-03-15

Volkswagen Group and BMW are among automakers scrambling to find alternative sources of vital parts made in Ukraine from as far afield as China and Mexico, as Russia's invasion halts ass...

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Ukraine’s vital link in the European supply chain

Automotive Industry - 2022-03-15

The shutdown of much industry, trade and logistics out of Ukraine is hurting automotive production and driving up logistics and bunker costs for European logistics providers...

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Ukraine war is upending central Europe's post-COVID car revival

Automotive Industry - 2022-03-14

Russia's invasion of Ukraine is hitting hopes of renewed growth in central Europe's car industry in 2022 following the pandemic, stoking risks of sharper economic slowdowns...

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Volkswagen and Ford expand collaboration on MEB electric platform

Automotive Industry - 2022-03-14

Ford Motor Company and the Volkswagen Group are expanding their e-mobility partnership...

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VW warns of risks from Ukraine crisis as operating profit doubles

Automotive Industry - 2022-03-14

Volkswagen Group doubled its operating profit in 2021 but warned that Russia's invasion of Ukraine and its impact on supply chains could hit business in 2022 in unforeseen ways...

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Renault said to be reluctant to leave Russia over costs

Automotive Industry - 2022-03-14

Renault has kept long-standing ties with Russia intact despite the war in Ukraine because it's worried about the high cost of pulling out from a venture with a local partner, according to peo...

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Toyota to cut production by up to 20% from previous plan

Automotive Industry - 2022-03-11

Toyota has told suppliers it will cut domestic production by up to 20% from a previous plan for the three months from April 2022 to ease the strain on suppliers struggling with shortages of ...

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BMW to resume production at German plants

Automotive Industry - 2022-03-10

BMW will gradually resume production at its Munich and Dingolfing plants in Germany next week, a company Spokesperson said...

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VW CEO Diess warns Ukraine war risks economic damage worse than pandemic

Automotive Industry - 2022-03-10

Volkswagen Group CEO Herbert Diess warned that a prolonged war in Ukraine risks being "very much worse" for the European regions economy than the coronavirus pandemic...

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Porsche halts Taycan output on supply shortages

Automotive Industry - 2022-03-10

Porsche is temporarily halting production of its Taycan EV due to a lack of components caused by Russia's invasion of Ukraine...

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