automotive-industry
Top StoriesUK Car Output up 9.9% Y-O-Y in April as Supply Chain Issues Ease
Top StoriesGeely Premium Automaker Lynk Looks to Further European Growth
Top StoriesEuro 7 Emissions Standard to Cost Many Times Ec Forecasts -Industry Group
Top StoriesAston Martin Stock Soars After $295 Million on Geely Investment
UK Has Held Productive Discussions With EU Over Car Tariffs – Minister
Date: May 17, 2023
LONDON (Reuters) – Britain has had productive discussions with the European Union about changing trading arrangements for car manufacturing, a junior minister said, following warnings from auto companies that factories could close without change. Junior business minister Nusrat Ghani said she and other ministers had had: “productive conversations with our counterparts in the European Union....
Platinum Facing Biggest Deficit in Years as Carmakers Snap up Metal
Date: May 16, 2023
LONDON (Reuters) – Rising demand from automakers, industry and investors will push the global platinum market into its biggest deficit in years, three industry reports predicted on Monday. The reports underline an emerging change in fortunes for platinum and its sister metal palladium, both used chiefly in vehicle exhausts to neutralise harmful engine emissions. For...
India’s Carmakers Back Zero Duty on Limited British Imports Under Trade Deal – Sources
Date: May 15, 2023
India’s carmakers back zero duty on limited British imports under trade deal – sources By Aditi Shah and Shivangi Acharya NEW DELHI (Reuters) – Indian carmakers have agreed to eliminate import tax on a limited number of vehicles in a trade deal with Britain “if the need arises”, according to a document seen by Reuters,...
Ferrari CEO Says E-Fuel Cars Do Not Compromise Carbon Goals
Date: May 9, 2023
Ferrari CEO says e-fuel cars do not compromise carbon goals MILAN (Reuters) – Ferrari’s plans to continue building internal combustion engine cars powered by so called e-fuels does not conflict with its target to become carbon neutral by 2030, its chief executive said on Tuesday. “The two (targets) are very much compatible,” CEO Benedetto Vigna...
Analysis-Battle for China’s Electric Suv Market Heats up at Home and Abroad
Date: May 8, 2023
Analysis-Battle for China’s electric SUV market heats up at home and abroad SHANGHAI (Reuters) – China is ground zero for the price war in electric vehicles and the battleground is shifting to SUV-styled EVs, the largest segment of the market, dominated by Tesla Inc and BYD. The market, crowded with more than 90 models, is...
Geely’s London Black Cab Unit Unveils New Large Ev Platform
Date: May 5, 2023
Geely’s London black cab unit unveils new large EV platform By Nick Carey ANSTY, England (Reuters) – Geely unit London Electric Vehicle Company (LEVC) on Friday unveiled a new, large electric-vehicle (EV) platform for vehicles ranging from people-movers to commercial vans that it said could also be used by other units of the Chinese carmaker....