Tag #Automotive Industry

Showing 25 to 36 of 727 results

theglobeandmail.com

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Sep 5, 01:19

Slowdown in Canadian Electric Vehicle Sales

Electric vehicle sales in Canada have significantly slowed in the first quarter of 2024, dropping to 9.7 percent of new vehicle registrations from 12.5 percent in the same period last year, according to S&P Global.

Slowdown in Canadian Electric Vehicle Sales

Electric vehicle sales in Canada have significantly slowed in the first quarter of 2024, dropping to 9.7 percent of new vehicle registrations from 12.5 percent in the same period last year, according to S&P Global.

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What is the primary cause for the decline in EV sales in Canada?

The article does not provide a single primary cause for the decline, but it lists several contributing factors: government rollbacks of financial incentives and sales mandates, a potential tarnishing of the EV image due to Elon Musk's actions, and slowing sales growth in North America.

german.china.org.cn

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Sep 2, 13:21

Chinese Automakers Expand Global Reach with Local Production and Services

Chinese automakers are expanding their global presence, moving beyond simple exports to establish local production and service facilities in overseas markets, as evidenced by recent developments from BYD, Leapmotor, and SAIC Motor.

Chinese Automakers Expand Global Reach with Local Production and Services

Chinese automakers are expanding their global presence, moving beyond simple exports to establish local production and service facilities in overseas markets, as evidenced by recent developments from BYD, Leapmotor, and SAIC Motor.

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How are these developments impacting the European automotive market?

Chinese automakers are directly shipping vehicles to Europe; FAW Group's first direct China-Europe rail service and Leapmotor's shipment of the B10 SUV for its European debut at IAA Mobility in Munich demonstrate this. BYD also exported over 900 vehicles made in its Thai plant to various European countries including the UK, Germany, and Belgium.

sueddeutsche.de

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Aug 31, 16:16

German Auto Suppliers Lose Global Market Share to Chinese Competitors

Over the past decade, German automotive suppliers have lost three percentage points of global market share (from 26% to 23%), while Chinese competitors have gained seven percentage points (from 5% to 12%), primarily due to decreased sales by European automakers and Chinese companies' faster product ...

German Auto Suppliers Lose Global Market Share to Chinese Competitors

Over the past decade, German automotive suppliers have lost three percentage points of global market share (from 26% to 23%), while Chinese competitors have gained seven percentage points (from 5% to 12%), primarily due to decreased sales by European automakers and Chinese companies' faster product ...

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How have Chinese automotive suppliers achieved such significant growth in market share?

Chinese suppliers have achieved rapid growth by developing and launching new products faster than their German counterparts. They also possess a technological advantage and offer significant price advantages in key areas like batteries and software.

elmundo.es

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Aug 29, 04:15

Electric Vehicle Sales Stabilize European Car Market in 2025

European car sales remained stable in the first half of 2025, with electric and plug-in hybrid vehicles growing by over 25%, driven by affordability, incentives, and aggressive pricing strategies; Spain shows the highest growth (14.3%), with Chinese brands like MG gaining market share.

Electric Vehicle Sales Stabilize European Car Market in 2025

European car sales remained stable in the first half of 2025, with electric and plug-in hybrid vehicles growing by over 25%, driven by affordability, incentives, and aggressive pricing strategies; Spain shows the highest growth (14.3%), with Chinese brands like MG gaining market share.

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What factors contributed to the stable European car sales figures in the first half of 2025, despite a decrease in gasoline and diesel car sales?

Despite a decline in overall European car sales, electric vehicle registrations remained stable in the first half of 2025, showing a 25% growth rate. This is largely due to increased demand for electric and plug-in hybrid models, which are becoming increasingly affordable and attractive.

dw.com

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Aug 28, 10:21

German Auto Industry Job Losses Surge Amidst US-China Trade Tensions

Germany's automotive industry experienced a substantial job loss of 51,500 positions in the last year, primarily due to declining US and Chinese exports, aggravated by new tariffs, impacting the broader industrial sector and creating a challenging job market for young engineers.

German Auto Industry Job Losses Surge Amidst US-China Trade Tensions

Germany's automotive industry experienced a substantial job loss of 51,500 positions in the last year, primarily due to declining US and Chinese exports, aggravated by new tariffs, impacting the broader industrial sector and creating a challenging job market for young engineers.

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Decent Work and Economic Growth

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What is the primary cause of the significant job losses in Germany's automotive industry, and what are the immediate economic consequences?

The German automotive industry shed 51,500 jobs in the past year, representing 6.7% of its workforce and nearly half of the 114,000 industrial job losses during the same period. This decline, accelerating since 2019, is largely due to falling exports to the US and China, worsened by new tariffs.

welt.de

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Aug 28, 07:19

Electric Vehicle Registrations Surge in Saxony

Following a drop in 2024 after the end of government subsidies, electric vehicle registrations in Saxony, Germany have risen significantly; 6,677 were registered from January to July 2025, compared to 7,801 for the whole of 2024. This is driven by increased production from manufacturers such as Pors...

Electric Vehicle Registrations Surge in Saxony

Following a drop in 2024 after the end of government subsidies, electric vehicle registrations in Saxony, Germany have risen significantly; 6,677 were registered from January to July 2025, compared to 7,801 for the whole of 2024. This is driven by increased production from manufacturers such as Pors...

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How are manufacturers in Saxony contributing to the increased demand for electric vehicles?

The rise in electric vehicle registrations is linked to increased production by manufacturers like Porsche and BMW in Saxony, along with improvements in technology such as longer ranges and the development of charging infrastructure. The positive trend is reinforced by industry experts, who highlight the ongoing importance of government incentives and the need for further technological advancements like reduced charging times and lower vehicle prices.

elpais.com

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Sep 2, 13:20

Record Sales of Electric and Plug-in Hybrid Cars in Spain Despite Funding Delays

Despite delays in the Moves III plan, sales of electric and plug-in hybrid vehicles in Spain have nearly doubled in 2025 compared to 2024, reaching record levels, although concerns remain about the plan's sustainability and regional inconsistencies.

Record Sales of Electric and Plug-in Hybrid Cars in Spain Despite Funding Delays

Despite delays in the Moves III plan, sales of electric and plug-in hybrid vehicles in Spain have nearly doubled in 2025 compared to 2024, reaching record levels, although concerns remain about the plan's sustainability and regional inconsistencies.

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What are the long-term implications and potential risks associated with the current state of electric vehicle adoption in Spain?

The success relies heavily on manufacturer incentives, creating vulnerability should these change. Continued regional inconsistencies in the Moves plan and lack of visibility into its future pose risks to the market's long-term growth. The uncertainty also creates challenges for meeting stricter future emission standards.

es.euronews.com

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Sep 1, 07:15

Tesla

Tesla

Tesla

Tesla

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Which Chinese electric vehicle manufacturers are gaining market share in the EU, and what are their growth rates?

BYD is the main competitor, increasing sales by over 200% in July and over 250% in the first seven months of 2025. SAIC Motor, including brands like MG, also saw sales increase by over 30% during the same period. In July 2025, BYD secured a 1.1% market share in the EU, surpassing Tesla's 0.7%.

elmundo.es

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Aug 30, 16:17

EU-Auto Industry Summit to Address US Tariffs and Future Strategies

On September 12th, the EU and the automotive industry will meet to discuss strategies for the sector's future, impacted by US tariffs and stricter emission regulations, aiming to secure the 13 million jobs and 7.5% of the EU GDP it represents.

EU-Auto Industry Summit to Address US Tariffs and Future Strategies

On September 12th, the EU and the automotive industry will meet to discuss strategies for the sector's future, impacted by US tariffs and stricter emission regulations, aiming to secure the 13 million jobs and 7.5% of the EU GDP it represents.

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What immediate impact did the US tariffs have on the European auto industry, and what short-term relief measures have been implemented?

US tariffs of 27.5% imposed in April resulted in €1.6 billion in costs for Volkswagen and Stellantis alone during Q2. The EU's recent proposal to reduce tariffs on US industrial imports, including a retroactive reduction to 15% on auto tariffs starting August 1st, will save the industry approximately €500 million, benefiting especially German manufacturers.

sueddeutsche.de

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Aug 28, 19:20

IAA Mobility 2024: Surge in Chinese Automakers Highlights Shifting Global Landscape

The IAA Mobility 2024, running from September 9th to 15th in Munich, features a 40 percent increase in Chinese exhibitors compared to 2022, alongside a trade summit and public exhibition showcasing electric vehicles and autonomous driving technology, highlighting the shift in global automotive compe...

IAA Mobility 2024: Surge in Chinese Automakers Highlights Shifting Global Landscape

The IAA Mobility 2024, running from September 9th to 15th in Munich, features a 40 percent increase in Chinese exhibitors compared to 2022, alongside a trade summit and public exhibition showcasing electric vehicles and autonomous driving technology, highlighting the shift in global automotive compe...

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What is the most significant change in the composition of exhibitors at the IAA Mobility 2024, and what are its immediate implications for the global automotive industry?

The IAA Mobility 2024, starting September 9th in Munich, will showcase over 30 car manufacturers, including a significant increase of 40 percent in Chinese exhibitors compared to 2022. The event is split between a trade summit in Riem and an open space in the city center. This year's exhibition shows growing participation from Chinese electric vehicle manufacturers, highlighting the shift in the global automotive landscape.

dailymail.co.uk

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Aug 28, 04:19

UK's Electric Car Grant: Ford Models First to Qualify for Maximum Discount

The UK government's Electric Car Grant (ECG), launched July 15th, offers discounts up to £3,750 on eligible EVs; two Ford models are the first to qualify for the maximum discount, while others receive a lower £1,500 subsidy, causing market disruption due to slow approvals.

UK's Electric Car Grant: Ford Models First to Qualify for Maximum Discount

The UK government's Electric Car Grant (ECG), launched July 15th, offers discounts up to £3,750 on eligible EVs; two Ford models are the first to qualify for the maximum discount, while others receive a lower £1,500 subsidy, causing market disruption due to slow approvals.

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How do the ECG's sustainability criteria affect the eligibility of different EV models and manufacturers?

The ECG's eligibility criteria, based on the vehicle's carbon footprint throughout its lifecycle, has resulted in a tiered system. While 28 sub-£37,000 cars are eligible, only two currently qualify for the highest band, creating a two-tiered system with a £1,500 discount for the remaining vehicles. This tiered system reflects the government's focus on promoting sustainable EV manufacturing practices.

sueddeutsche.de

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Aug 28, 07:19

Saxony Sees Surge in Electric Vehicle Registrations

From January to July 2025, Saxony saw a significant increase in new battery-electric vehicle registrations (6,677), exceeding the total for 2024 (7,801) after a drop following the end of government subsidies; manufacturers attribute the rise to increased production of electric models and technologic...

Saxony Sees Surge in Electric Vehicle Registrations

From January to July 2025, Saxony saw a significant increase in new battery-electric vehicle registrations (6,677), exceeding the total for 2024 (7,801) after a drop following the end of government subsidies; manufacturers attribute the rise to increased production of electric models and technologic...

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What role did manufacturers and technological advancements play in the recent rise of electric vehicle registrations in Saxony?

The rise in BEV registrations in Saxony reflects growing manufacturer commitment to electromobility, with Porsche reporting nearly 60 percent of Macan models delivered in the first half of 2025 were fully electric and BMW exceeding one-third electric vehicle production in Leipzig. This increase follows a significant decrease in 2024 after the termination of government incentives.

Showing 25 to 36 of 727 results