Automotive Industry

Jaguar Land Rover warns of 50% sales slump from chip crisis

Automotive Industry - 2021-07-07

Jaguar Land Rover warned a global semiconductor shortage is worsening and deliveries in the second quarter will be 50% worse than initially thought...

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Germany will reach 1m e-cars target by mid 2021 – energy minister

Automotive Industry - 2021-07-06

High uptake of government subsidies for electric cars has put Germany within striking distance of its original target of having 1m e-cars on the road by 2020...

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German production forecast cut as supply chain problems persist

Automotive Industry - 2021-07-06

Germany's car industry cut its forecast for production growth in 2021, indicating that the recovery from the coronavirus pandemic will be bumpy as automakers battle supply-chain disruptions, inclu...

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Audi seeks big profitability boost amid shift to EV-only maker, report says

Automotive Industry - 2021-07-05

Audi is setting itself ambitious profitability targets even as it expands its electric-vehicle sales efforts, Der Spiegel reported, citing people familiar with the matter...

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BMW warns chip supply shortage 'critical'

Automotive Industry - 2021-07-05

BMW warned a chip shortage that has plagued the car industry may lead to further lost production, saying on 2 July it showed no signs of abating and supply would remain tight in the second half o...

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Audi will switch to agency model for EV sales

Automotive Industry - 2021-07-02

Audi plans to switch to agency sales for its electric models starting in 2023...

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Nissan, China's Envision will create EV production hub in UK

Automotive Industry - 2021-07-02

Nissan will add production of a new electric crossover and build a gigafactory with its battery partner Envision AESC at its UK plant...

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Shift to e-cars could increase number of jobs in German car sector, eastern states big winners - analysis

Automotive Industry - 2021-07-02

The shift to electric mobility could turn out to become a boon for the German car industry that creates jobs rather than destroy them, a joint analysis conducted by think tank Agora Ver...

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Volvo aims for an IPO by the end of 2021

Automotive Industry - 2021-07-01

Volvo Cars is "making good progress" toward a potential initial public offering by the end of this year, CEO Hakan Samuelsson told Reuters...

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Car CO2 emissions fall sharply in response to EU targets

Automotive Industry - 2021-06-30

Official new data from the EU’s environmental watchdog (EEA) shows that the CO2 emissions of new cars decreased by 12% in 2020 to 107...

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Renault interested in stake in VW-backed Ionity, report says

Automotive Industry - 2021-06-30

Renault and Royal Dutch Shell are among companies interested in taking a stake in electric vehicle charging group Ionity, two people familiar with the matter said...

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Full throttle needed for UK automotive success

Automotive Industry - 2021-06-29

‘Full Throttle: Driving UK Automotive Competitiveness’ explains how government can deliver manufacturing competitiveness in the transition to net-zero and help ‘level-up&rsqu...

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Risk of two-track Europe for e-mobility with sharp divisions in roll-out of chargers, auto industry warns

Automotive Industry - 2021-06-29

A new data analysis by the European Automobile Manufacturers’ Association (ACEA) shows a completely unbalanced picture when it comes to the spread of charging points for electric cars across the...

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VW brand to end sales of combustion engines in Europe by 2035

Automotive Industry - 2021-06-28

Volkswagen brand will stop selling combustion engines cars in Europe by 2035 as it shifts to full-electric vehicles, but later in the US and China, its Sales Chief, Klaus Zellmer, told a German n...

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Daimler 'on track' to spin off heavy truck unit by year end, finance chief says

Automotive Industry - 2021-06-28

Daimler is on target to spin off its heavy truck business by the end of 2021, Finance Chief Harald Wilhelm said...

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Car CO2 targets: EU Green Deal must be mutually binding; member states need to invest in infrastructure now

Automotive Industry - 2021-06-25

In this video, Oliver Zipse – ACEA President and CEO of BMW Group – explains that Europe’s car makers are open to even higher CO2 reduction targets for 2030, provided that the E...

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Car production recovery hit by global pandemic supply shortages

Automotive Industry - 2021-06-25

54,962 cars leave factory gates in May, up on Covid-wrought 2020 but still down -52...

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EVs seen reaching sales supremacy by 2033, faster than expected

Automotive Industry - 2021-06-24

Global electric vehicle supremacy will arrive by 2033 -- five years earlier than previously expected -- as tougher regulations and rising interest drive demand for zero-emission transportation, accord...

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European auto industry braces for tougher CO2 emissions targets by 2030

Automotive Industry - 2021-06-24

The European automotive industry is bracing for a tightening of CO2 emissions standards in the EU's "Fit for 55" energy and climate package, which will be released on 14 July, ...

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Finished vehicle logistics needs a sustainable rethink in the EV era

Automotive Industry - 2021-06-24

Sustainability is becoming more important for vehicle makers like Volkswagen trying to hit stringent emissions targets but it is not just the vehicles they make that need to be less polluting, it is t...

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