Year: 2020

The move comes as the auto industry faces overcapacity and plunging demand for new cars in Europe. Source link

In Germany, across Europe and around the world, "the collapse in markets is unprecedented in its size and global extent," said Hildegard Mueller, president of the powerful VDA auto industry federation. Source link

Electric vehicle battery recycling and reuse has become a priority for car and battery makers while renewable energy companies face the problem of how to absorb surpluses of wind and solar power to avoid waste and disruption to the stability of grids, slowing the transition to purely carbon-free energy systems. […]

As part of that effort, it is exploring the sale of a car assembly plant in Hambach, France, it said. Source link

While the month of June cleared the way for light at the end of the tunnel, it also resulted in an equal rejoicing for SUV makers in the country. Two out of the top five passenger vehicle (PV) models sold in June 2020 are the India-specific SUVs. Source link

​Hyundai’s iMT technology features a Transmission Gear Shift (TGS) lever with Intention Sensor, Hydraulic Actuator and Transmission Control Unit (TCU). Source link

FCA is considering with PSA include spinning off Sevel van business, a 50-50 joint venture between the two groups. Source link

GM is China’s second-biggest foreign automaker. Source link

This move will give Daimler the option of nominating a representative for a seat on the supervisory board of the battery cell manufacturer. Source link