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EU should impose higher tariffs on Chinese automakers, Carlos Tavares says

Automotive Industry Automotive News Europe - 2022-10-19

Chinese automakers should be subject to the same tariffs when exporting their cars to Europe as European brands face when sending their cars to China, Stellantis CEO Carlos Tavares, said. …

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BMW chief warns against setting gas-powered phase-out date

Automotive Industry Reuters - 2022-10-19

Setting a date to phase out gas-powered vehicles could remove "cheap cars" from the market, putting ownership out of reach for many, and be politically dangerous, the board chair of German automaker BMW Oliver Zipse, said on Wednesd …

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VW may sell Russian factory amid Ukraine war sanctions

Automotive Industry Automotive News Europe - 2022-10-19

Volkswagen Group is looking for an investor to take over its factory in Kaluga, southwest of Moscow, where production was halted soon after the Ukraine war began. …

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Hyundai Motor is considering selling its Russia plant

Automotive Industry Reuters - 2022-10-18

South Korea's Hyundai Motor is considering options for its suspended Russia operations that could include selling its manufacturing plant there, South Korean media reported on 18 October. …

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Passenger car registrations: -9.9% nine months into 2022; +9.6% in September

Automotive Industry ACEA - 2022-10-18

In September 2022, new passenger car registrations in the European Union rose by 9.6%, marking the second consecutive month of growth this year. …

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Auto industry falls short of EU sustainability targets

Automotive Industry Automotive News Europe - 2022-10-17

Investments in sustainability initiatives this year have fallen to 0.85% of overall average revenue from 1.22 % in 2019. …

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BMW to shift UK production of electric Mini to China

Automotive Industry Automotive News Europe - 2022-10-17

BMW will stop making electric versions of Mini hatchbacks in the UK, dealing a setback to a country trying to transition its already diminished auto industry to full-electric models. …

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Stellantis CEO calls for talks to soften EU's 2035 fossil-fuel car ban

Automotive Industry Reuters - 2022-10-17

The European Union's proposed 2035 ban on fossil-fuel cars should be renegotiated to give hybrid models a greater role in the transition to zero-emission vehicles, Stellantis chief executive Carlos Tavares said on 17 Oc …

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Stellantis Considers Ending All Carmaking in China After Jeep Exit

Automotive Industry Bloomberg - 2022-10-17

Stellantis NV may stop manufacturing cars in China as geopolitical tensions escalate and western manufacturers cede market share to domestic players. …

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Europe’s electric car sales stagnating as China gains foothold

Automotive Industry Transport & Environment - 2022-10-17

Chinese carmakers are starting to get a firm foothold on the European market, accounting for 5% of all BEVs sold so far this year. …

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