Automotive Industry

Fiat's Italian plants have higher costs, Stellantis CEO Tavares tells unions

Automotive Industry - 2021-02-25

Average production costs for cars in Italy are higher than in other countries where the automaker operates, such as France and Spain, Stellantis CEO Carlos Tavares told unions...

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BMW CEO doubts Tesla can keep up growth as rivals gain pace

Automotive Industry - 2021-02-24

Tesla's years-long dominance of electric-car sales may soon end as traditional automakers introduce a slew of new battery-powered models, BMW CEO Oliver Zipse said...

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EU Green Deal requires binding targets for e-car charging infrastructure – BMW CEO

Automotive Industry - 2021-02-24

Europe needs to show more speed and commitment to the expansion of charging infrastructure for electric vehicles, CEO of German car manufacturer BMW Oliver Zipse argues in an op-ed...

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Mitsubishi could restart European sales, report suggests

Automotive Industry - 2021-02-24

Mitsubishi is on the verge of reversing its decision to exit Europe amid mounting pressure from its Renault and Nissan partners, according to the Financial Times...

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Daimler considers earlier exit from combustion engine – media report

Automotive Industry - 2021-02-23

German carmaker Daimler is considering an earlier end to the combustion engine for its Mercedes brand than the currently envisaged 2039, unnamed sources told business daily Handelsblatt...

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UK car sector laments showroom closures in key selling month of March

Automotive Industry - 2021-02-23

Plans announced by Prime Minister Boris Johnson on 22 February to keep car showrooms in England closed to the public during the key selling month of March as part of COVID-19 measures are "d...

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Ford Europe invests $1bn in Cologne for EV production

Automotive Industry - 2021-02-23

After JLR, Ford has also announced that all its vehicles for sale in Europe will be pure-electric by 2030...

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Volkswagen’s Largest Factory Faces Battery Cell, Chip Shortages

Automotive Industry - 2021-02-22

Volkswagen’s biggest plant in Wolfsburg, Germany, is struggling to meet strong demand for the Golf model due to shortages of battery cells for hybrid versions and semiconductor components, the c...

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German goverment supports car industry transformation with investment programme

Automotive Industry - 2021-02-22

The German government has launched a support programme worth €1...

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Bosch, Microsoft join forces to develop vehicle software platform

Automotive Industry - 2021-02-19

Bosch will work with Microsoft on a software platform for vehicles, it said on 18 February, as it strives to get a foot in the door to the fast-growing market for electromobility and automated driving...

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Ford plans for all cars sold in Europe to be electric by 2030

Automotive Industry - 2021-02-18

Ford has pledged that all of its cars on sale in Europe will be electric by 2030, in the latest move by the world’s biggest auto manufacturers to set out plans to move away from pollut...

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Jaguar Land Rover Cutting 2,000 workers in reorganisation

Automotive Industry - 2021-02-18

Jaguar Land Rover expects to reduce its global salaried workforce by about 2,000 people in the next financial year as the luxury carmaker cuts costs under a new Chief Executive Officer...

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VW blames suppliers for microchip shortages

Automotive Industry - 2021-02-17

“We have communicated our demand early on...

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VW to raise vehicle prices based on CO2 emissions, exempting e-cars

Automotive Industry - 2021-02-17

Volkswagen will raise the prices of its cars on the basis of the models’ CO2 emissions, Stefan Menzel writes in business daily Handelsblatt...

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Jaguar Land Rover reimagines its electric future

Automotive Industry - 2021-02-17

Jaguar will be a purely electric vehicle (EV) maker by 2025, with its partner Land Rover also adding 6 pure electric variants over the next five years as it aims to power 60% of its products with...

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Fukushima earthquake hits automotive and semiconductor supply chains

Automotive Industry - 2021-02-17

An earthquake has struck the north-east coast of Japan, near Fukushima Prefecture, almost 10 years since the area was devastated by a much stronger earthquake and tsunami that took 1,800 liv...

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Additional charging points boost demand for e-cars

Automotive Industry - 2021-02-16

A rapid roll-out of charging infrastructure as planned by the German government could significantly speed up the uptake of electric vehicles, according to a report by the Rhineland-Westphali...

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Stellantis extends production stops in Italy over chip shortage

Automotive Industry - 2021-02-16

Stellantis has extended until 16 February a production freeze at its Melfi plant in southern Italy, citing persistent shortages of semiconductors...

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Car of the future must be climate neutral 'smartphone on wheels' – German President

Automotive Industry - 2021-02-15

To reach Germany’s climate goals the car industry needs to undergo a significant transformation, German President Frank-Walter Steinmeier said during a summit titled "Industry and...

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Nissan says 'not in talks with Apple' over autonomous car project

Automotive Industry - 2021-02-15

Nissan said on 15 February it is not in talks with Apple, following a report that the iPhone maker approached the Japanese company in recent months about a tie-up for its autonomous car proj...

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