Automotive Industry

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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Volkswagen and Bosch CEOs clash over future use of hydrogen in cars

Automotive Industry - 2020-07-17

German car industry heavyweights Volkswagen and Bosch are at odds over the use of hydrogen in mobility, with the world's largest carmaker clinging to a "dogma" of electric cars, Olaf Pre...

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Vauxhall plant to resume output in August

Automotive Industry - 2020-07-17

Production at Vauxhall's Ellesmere Port car factory in Britain will resume on 17 August, one of the final major automotive plants in the country yet to reopen after the coronavirus outbreak shut s...

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Nissan plans 30% cut in global output through December, report says

Automotive Industry - 2020-07-17

Nissan is planning a 30% year-on-year cut in global vehicle production through December as falling demand due to the COVID-19 pandemic complicates its turnaround efforts, two people with knowledge of ...

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Subsidies slash EV lease costs in Germany, France

Automotive Industry - 2020-07-16

Car buyers in Germany and France can now get their hands on a brand-new electric vehicle for less than the typical cost of a mobile-phone contract...

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Italy to boost deficit to help car industry and furloughed workers, source says

Automotive Industry - 2020-07-14

Italy is preparing a €20bn ($22...

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Turkish vehicle production fell 29% in first half

Automotive Industry - 2020-07-14

Turkey's vehicle production dropped 29% to 518,727 in the first half, according to a statement by the Automotive Manufacturers Association (OSD) published on Sunday 12 July...

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Audi says will continue to “massively” invest in combustion engines

Automotive Industry - 2020-07-13

German premium carmaker Audi, a VW subsidiary, will continue to invest heavily in the development of combustion engines...

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VW's Seat brand reports $54M loss in Q1; says Q2 will be worse

Automotive Industry - 2020-07-09

Volkswagen Group's Spanish brand, Seat, reported a €48m ($54m) loss in the first quarter of 2020 due to the coronavirus pandemic and said the second quarter will be worse...

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