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I wish I had more to offer

Nothing here but dreams

Author: Financial_Times Reporting

VW hails speed of car sales recovery in China

Demand in most profitable market almost at 2019 level but brand expects slower revival in Europe Go to Source

Published May 6, 2020
Categorized as Automotive, News Site Tagged Production/Sales News, VW

Co-founder of Chinese carmaker Qoros sells half his stake

Idan Ofer’s Kenon offloads shares to majority owner Baoneng in $237m deal Go to Source

Published April 30, 2020
Categorized as Automotive, News Site

Bosch warns of ‘significantly’ steep recession for auto industry

Volkswagen and Daimler report billions of dollars in lost profits due to impact of coronavirus Go to Source

Published April 29, 2020
Categorized as Automotive, News Site Tagged Daimler, Production/Sales News, Tier 1 Suppliers, VW

Chinese carmakers move into Myanmar to battle Japanese rivals

Soueast Motor and GAC take advantage of rules favouring locally made vehicles Go to Source

Published April 23, 2020
Categorized as Automotive, News Site

Renault close to sealing state-backed loan as it burns through cash

French carmaker on verge of securing multibillion-euro credit line from government  Go to Source

Published April 23, 2020
Categorized as Automotive, News Site Tagged Renault

Nissan to reopen part of Sunderland plant this week for safety tests

Japanese group’s Barcelona factory to restart production in May following shutdown  Go to Source

Published April 22, 2020
Categorized as Automotive, News Site Tagged Manufacturing, Nissan, Production/Sales News, Renault

Daimler and Volvo team up to create €1.2bn fuel cell company

Joint venture aims to bring hydrogen-powered trucks to market in second half of the decade Go to Source

Published April 21, 2020
Categorized as Automotive, News Site Tagged Daimler, Electric vehicles, Geely, M and A, Volvo

Aston Martin chairman seeks to restart operations

Canadian billionaire Stroll aims to reset business following £560m fundraising Go to Source

Published April 20, 2020
Categorized as Automotive, News Site Tagged Aston Martin

Toyota, Renault and VW to reopen European plants

Some car factories to resume production after last month’s industry-wide shutdown Go to Source

Published April 14, 2020
Categorized as Automotive, News Site Tagged Manufacturing, Production/Sales News, Renault, Toyota, VW

Trump rolls back US fuel economy standards

Regulation will allow vehicle makers to average 40 mpg across product lines by 2026 Go to Source

Published March 31, 2020
Categorized as Automotive, News Site

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