Hardly in business, already on a visit: Daimler’s new major shareholder, Chinese businessman Li Shufu, is already inspecting the Group headquarters in Stuttgart today. picture alliance / Wiktor Dabkov New Daimler major shareholder Li Shufu Sunday, 25.02.2018 12:26 The new major Daimler shareholder Li Shufu is, according to information from “Bild am Sonntag” on Sunday… Continue reading Li Shufu visits Daimler headquarters
Tag: Daimler
The sins of the past cost
Daimler once again significantly increased its sales in the third quarter. On the bottom line, there was less left over than the analysts expected. Daimler CEO Dieter Zetsche Friday, 20.10.2017 10:02 clock The car and truck builder Daimler In the third quarter, it made less operating profit, partly because of special warranty costs and the… Continue reading The sins of the past cost
What is behind the attempts of the auto companies
German car companies tested pollutants – on animals and humans. They even started their own research initiative. What was the purpose of VW, Daimler and BMW? The overview. Exhaust of a diesel car Monday, 29.01.2018 16:52 clock The auto industry is said to have commissioned trials to prove how harmless the supposedly clean diesel engines… Continue reading What is behind the attempts of the auto companies
That’s it, Mr. Zetsche
Li Shufu, head of Chinese automaker Geely, joins Daimler as a major shareholder. Hostile takeover? In fact, the group from Stuttgart could be trimmed with it faster on electric mobility. Geely boss Li Shufu Saturday, 24.02.2018 13:24 clock For weeks it has begun, now it is official. Li Shufu, boss of the Chinese automaker Geely,… Continue reading That’s it, Mr. Zetsche
Mercedes-Benz calls more than a million cars back
Tuesday, 17/10/2017 09:47 clock Because of defective cables on the steering column, Mercedes-Benz wants to recall more than one million cars worldwide to the workshops. Among them are 400,000 vehicles of various series in the UK and several hundred thousand in Germany, said a Mercedes spokesman. Affected are Class A, B, C and E cars… Continue reading Mercedes-Benz calls more than a million cars
back
EU investigators also visit Daimler and VW
The allegations of antitrust-relevant collusion, the EU investigators now go directly to Daimler and VW. They examine documents of the car companies – as before at BMW. Mercedes E coupe Monday, 23.10.2017 6:00 pm Investigations by the EU Commission regarding cartel allegations against German carmakers are gaining momentum. After last week already BMW had visit… Continue reading EU investigators also visit Daimler and VW
“Unannounced exam” at BMW
In the course of the cartel allegations against the German auto industry uncovered by SPIEGEL, auditors of the EU Commission have made representations to BMW. Meanwhile, Daimler admitted that it had applied for leniency. The headquarters of the car manufacturer BMW in Munich. Friday, 20.10.2017 18:22 clock In the case of a suspected cartel against… Continue reading “Unannounced exam” at BMW
Sluggish Sales Equal Production Slowdown For Alfa Romeo, Maserati, Jeep, Fiat
autoevolution
cars
moto
news
car reviews
spyshots
driven cars
newspaper
green
Compare Cars
BAC Calculator
Editorial
Coverstory
Motorsport
Testdrives archive
Auto Shows
Tuning
Car Finder
Photo of the Day
Glossary of automotive terms
Masthead
RSS Feeds
More on this:1 2018 Lamborghini Urus Partially Revealed On The Assembly Line2 BMW In Talks With Great Wall To Manufacture MINI Vehicles In China3 Volkswagen Pulls The Plug On The Scirocco, Mk4 Reportedly In The Offing As An EV4 Mercedes-Benz G500 4×4² Production Coming To An End5 Groupe PSA Will Add New Models To French Production Facilities In 2020
Up next
2018 Honda Civic Si vs. Hyundai Elantra Sport: Which Is the Best Sports Sedan?
Sluggish Sales Equal Production Slowdown For Alfa Romeo, Maserati, Jeep, Fiat
19 Oct 2017, 14:42 UTC · by Mircea Panait
/ Home / News / Industry
Bad news, fans of Fiat Chrysler’s most Italian of brands! Both Alfa Romeo and Maserati are not doing great regarding sales, the reason why FCA decided to cut production for both automakers. And the reason for this slump in demand? Apparently, new Chinese import rules have hit Fiat Chrysler hard, especially the two brands.
36 photosAlthough China faced criticism in the past for being too lenient on emissions and pollution, the People’s Republic is working hard on addressing these issues. Collateral damage comes in the form of increased restrictions for automakers, mostly because China follows the model set by France and the UK, countries that will ban the sale of fossil fuel cars and SUVs by 2040.
By August 2017, China had reached its 2020 target for solar energy installation, which makes the People’s Republic the largest producer of solar energy in the world. Large-scale carbon capture plants are also on the way, with the first of a planned eight currently being built. The bottom line is, China’s government is very focused on reducing the carbon footprint.
And as a result of these policies, imported automobiles are not exactly welcome in the Middle Kingdom unless they’re hybridized or electric. Alfa Romeo and Maserati don’t have such vehicles in their lineup, and that’s the gist of it. According to Automotive News, FCA declined to comment on the matter, but the cited publication has the numbers to back up its claims.
The Levante plant in Mirafiori will shut down for two weeks between October and November, with sales in China now averaging 350 examples per month compared to more than 800 units per month in the first half of the year. Over at Alfa Romeo, the Cassino plant in Italy now builds 265 vehicles per shift instead of 300. This decision follows four Fridays that were hampered down by production stops, totaling a loss of 2,000-plus Giulias and Stelvios.
From 2,666 Stelvio units delivered in China in July, Alfa Romeo slumped to 227 examples in August. As if that wasn’t bad enough, the Fiat 500X and Jeep Renegade have both seen production reductions at the Melfi plant in Italy. From the report: “Workers at the plant have been temporarily laid off for 21 days this year, including 11 days in the third quarter. As a result, production of the two models was down 25 percent in the quarter.”
Elon Musk Is Not the Manipulative Mastermind Everyone Takes Him for These Days
The Dos and Don’ts of Washing a Motorcycle, Part Two (Final)
Electric Car Charging Plugs, The Beta vs. VHS Battle of the 21st Century
On Electric Harleys and New Generations
The Dos and Don’ts of Washing a Motorcycle, Part One
The Biggest Anticipations in Motorcycling for 2016, Part 1
New Year's Resolutions for Carmakers
NHTSA and IIHS Crash Test Scores Explained
1990s Cars That Created Ongoing Market Trends
German Combustion Engines Have Six Years To Walk The Plank
Euro NCAP Testing Procedures Explained
Coolest Obscure Mercedes-AMG Models in History
Could Volkswagen Group's Electric Plans Include Ducati?
Hybrids, Plug-Ins and Electric Cars: Which Batteries Are Best?
Top 10 Cars That Define the United States of America
Shell Angry at Bans on Fossil Fuel-Burning Cars Because of Course They Are
Autonomous Driving Levels Explained
The Hackrod Future of Car Manufacturing
Who's Your Number One?
Ford's Autonomous Police Car Explained
Headwave TAG Helmet Music and Navigation System Reviewed
ALFA ROMEO models:ALFA ROMEO MiTo MiniALFA ROMEO Stelvio Quadrifoglio Medium SUVALFA ROMEO Stelvio Medium SUVALFA ROMEO 33 Stradale CoupeALFA ROMEO Giulia Veloce MediumAll ALFA ROMEO models
US customers filed a class action lawsuit against German car companies on
Thursday, 07/27/2017 15:46 clock The cartel allegations against German carmakers could also have legal consequences in the USA. Throw three customers Volkswagen . Daimler and BMW to have violated US competition law, among other things with illegal agreements on prices and exhaust technology. The corresponding Complaint behind which the law firm Robins Kaplan stands ,… Continue reading US customers filed a class action lawsuit against German car companies
on
LeEco Founder Jia Yueting Sells Stake In US EV Firm Lucid Motors
Amidst an ongoing liquidity crisis, the founder of Chinese tech conglomerate LeEco has sold his stake in Menlo Park, California-based electric vehicle company Lucid Motors. Jia Yueting, who once dreamed of creating a Chinese tech juggernaut combining the attributes of Netflix, Apple and Tesla, revealed the news of his divestment last week during an especially… Continue reading LeEco Founder Jia Yueting Sells Stake In US EV Firm Lucid Motors