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Why China’s interest in producing cars in Europe underscores need for investment rules

Automotive Industry Euractiv - 2024-08-05

This opinion piece does not necessarily reflect the views of ECG. Tobias Gehrke is a senior policy fellow at the European Council on Foreign Relations (ECFR). …

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German automaker mood darkens on slowing EV shift, China slump

Automotive Industry Automotive News Europe - 2024-08-05

Germany's automakers are growing gloomier about their prospects after a disappointing earnings season marked by waning electric vehicle sales and weakness in China for companies including Volkswagen Group and Mercedes-Benz. …

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Electric car sales fall 37% in Germany as slump deepens

Automotive Industry Automotive News Europe - 2024-08-05

Germany's electric vehicle sales slumped in July, extending a broad pullback since incentives ended late last year and undermining automakers' plans to shift to selling EVs. …

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Intel's grim forecast could concern automakers in wake of microchip crisis

Automotive Industry Automotive News Europe - 2024-08-02

Intel gave a grim growth forecast and laid out plans to slash 15,000 jobs, signaling that the chipmaker is ill-equipped to compete in the artificial intelligence era. …

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Jaguar Land Rover output hit by aluminium shortage

Automotive Industry Automotive News Europe - 2024-08-02

Jaguar Land Rover's biggest headwind is an upcoming shortage of aluminium after production at a plant owned by key supplier Novelis was hit by flooding, its finance chief, Richard Molyneux, told investors. …

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New hydrogen demand report unveils once in a generation opportunity

Automotive Industry International Chamber of Shipping - 2024-08-01

The International Chamber of Shipping (ICS) launches new report identifying that he …

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Volkswagen doubles down on cost cuts to try to revive margins

Automotive Industry Reuters - 2024-08-01

Volkswagen will need to make "significant cost-cutting efforts" in the second half of the year and beyond if it is to revive profit margins, the automaker said on Thursday, after reporting first-half margins it described as "too low". …

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China solidifies position as world’s largest vehicle exporter in first half

Automotive Industry Automotve News Europe - 2024-08-01

China was further ahead of Japan in vehicle exports for the first half of 2024 after overtaking its Asian neighbor as the world’s top vehicle exporter in 2023, according to numbers disclosed by industry groups in the two countries. …

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Stellantis said to face launch delays for key new EV in Europe

Automotive Industry Autmotive News Europe/Bloomberg - 2024-07-31

Stellantis is facing delays on a key new EV model for Europe because of software bugs, a dampener to efforts to rejuvenate a stale lineup and reverse a slump in profit. …

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German car dealers say demand drops for private e-cars, rebounds for combustion engines

Automotive Industry Clean Energy Wire - 2024-07-30

Demand for purely battery-electric vehicles (BEV) dropped dramatically in Germany during the first half of 2024 and the country’s automotive sector is bracing for a gloomy full year as high prices and leasing rates hamper business.  …

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