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China's exports likely slowed further in August as trade tensions mount: Reuters poll

Automotive Industry Reuters - 2024-09-09

China's exports likely grew at the slowest pace in four months in August 2024, as cooling global demand and mounting trade barriers threaten to dim a bright spot in the world's second-largest economy. …

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Italy seeks early review of EU's 2035 combustion engine ban

Automotive Industry Automotive News Europe - 2024-09-08

Italian officials said the plan needs changing to reflect different market realities amid the European auto industry's slowdown. …

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Automakers could face billions in fines for missing 2025 emissions target, Renault CEO says

Automotive Industry Automotive News Europe - 2024-09-07

Low EV penetration puts automakers at risk for up to €15 bn in EU penalties, Renault Group CEO Luca de Meo said. …

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Europe pulls back from EV shift as consumers snub pricey models

Automotive Industry Automotive News Europe - 2024-09-06

Automakers including VW and Volvo are scaling back plans to challenge Tesla. …

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VW could face strikes over possible German plant closures

Automotive Industry Automotive News Europe - 2024-09-05

The IG Metall union says more than 500,000 workers could take industrial action if VW does not engage in constructive talks. …

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BYD's global expansion push runs into stiff Japan test

Automotive Industry Reuters - 2024-09-05

BYD is rolling out electric-vehicle charging stations and ramping up marketing and customer incentives in Japan, aiming to boost sales in a market that has become a stumbling block in the Chinese automaker's global expansion. …

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Stellantis to invest $385 mln in Argentine plant

Automotive Industry Reuters - 2024-09-05

Stellantis to invest $385 m in Argentine plant. …

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BMW to launch first hydrogen fuel cell car in 2028 as Toyota partnership expands

Automotive Industry Automotive News Europe - 2024-09-05

The two automakers will develop a hydrogen powertrain for passenger and commercial vehicles, and expand hydrogen infrastructure, which has been a limiting factor. …

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Volvo drops 2030 all-electric target amid slow EV demand

Automotive Industry Automotive News Europe - 2024-09-04

Demand for electric cars is cooling in Europe after countries including Germany and Sweden ceased or reduced subsidies. …

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VW defends possible German factory closures, says weak sales leave two plants empty

Automotive Industry Automotive News Europe - 2024-09-04

Demand in Europe has not recovered since the pandemic, with industrywide auto deliveries in the region around 2 m short of its peak, Chief Financial Officer Arno Antlitz said. …

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