(Bloomberg) — Five years of rapid European growth for Chinese electric-car manufacturers ground to a halt in 2024, as trade barriers added to the challenge of building up sales in a stagnant market. Most Read from Bloomberg Brands led by SAIC Motor Corp.’s MG registered 3.5% fewer EVs in the region for all of 2024,… Continue reading China’s Big EV Push Into Europe Fizzles Out on Tariffs, Slowdown
Tag: VW
Smart Transportation Market worth $276.65 billion by 2029- Exclusive Report by MarketsandMarkets™
DELRAY BEACH, Fla., Jan. 30, 2025 /PRNewswire/ — The Smart Transportation Market is estimated at USD 129.72 billion in 2024 to USD 276.65 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 16.4%, according to a new report by MarketsandMarkets™. Smart transportation is a modernization that digitally integrates AI, IoT, 5G as… Continue reading Smart Transportation Market worth $276.65 billion by 2029- Exclusive Report by MarketsandMarkets™
Smart Transportation Market worth $276.65 billion by 2029- Exclusive Report by MarketsandMarkets™
DELRAY BEACH, Fla., Jan. 30, 2025 /PRNewswire/ — The Smart Transportation Market is estimated at USD 129.72 billion in 2024 to USD 276.65 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 16.4%, according to a new report by MarketsandMarkets™. Smart transportation is a modernization that digitally integrates AI, IoT, 5G as… Continue reading Smart Transportation Market worth $276.65 billion by 2029- Exclusive Report by MarketsandMarkets™
German Handelsblatt: Auto industry: IG-Metall and works councils terminate resistance to the “list of horror” of the Audi board of AN010500
The VW Rentite Service Premium subsidiary has to save. The Audi board around Gernot Döllner has created a list of measures. What is planned and how IG Metall and works councils react. Go to source
German Handelsblatt: Porsche 911 GT3: This is how Porsche keeps the boxer engine on life 010499
Because of the stricter exhaust gas regulations, the highly rotating boxer engine is in front of it. With a few technical tricks, Porsche wants to hit the 911 GT3 for a few more years. Go to source
German Handelsblatt: Auto manufacturer: VW board urges the tougher austerity course-search for savings potential beyond personnel costs expected010498
Management around brand chief Schäfer must adapt your own return targets downwards after the Christmas compromise. However, discussions about further austerity measures are loud. Go to source
Magna opens vehicle parts manufacturing facility in Maharashtra
Global automotive supplier Magna has opened a manufacturing facility in Chakan, Maharashtra, to produce latches and mirrors for carmakers in western India. The 65,000 sq. ft. plant is expected to create over 300 jobs in the next three years. Jeff Hunt, President of Magna MML (Mechatronics, Mirrors, and Lighting), inaugurated the facility on Wednesday through… Continue reading Magna opens vehicle parts manufacturing facility in Maharashtra
AWE and Stereopsia Join Forces to Co-Produce Europe’s Ultimate XR Event: United XR Europe
8-10 December 2025 | Brussels, Belgium BRUSSELS, Jan. 30, 2025 /PRNewswire/ — Augmented World Expo (AWE) and Stereopsia unite to launch the most powerful XR event in Europe: United XR Europe. From 8 to 10 December 2025, Brussels will host the #1 hub for XR innovation, industry leadership, and next-gen immersive experiences, to accelerate the… Continue reading AWE and Stereopsia Join Forces to Co-Produce Europe’s Ultimate XR Event: United XR Europe
Porsche 911 GT3
The GT3 is still a brilliant track car. As ever the engine still zings with the best of them, gearshifts are instant, brake pedal feel is firm. And added to those are things I might be kidding myself I noticed even though, before Jan 2025, I last drove a GT3 in August 2023. I do… Continue reading Porsche 911 GT3
Volkswagen may build Porsche and Audi EVs in the US, thanks to Trump’s tariff tantrum
The next Porsche and Audi EVs could be made in the US. Volkswagen is considering moving Porsche and Audi EV production to the US after Trump threatened new tariffs on Europe, Mexico, Canada, and other major trade partners. Here’s how it would work. Volkswagen mulls building Porsche EVs in the US Volkswagen is already feeling… Continue reading Volkswagen may build Porsche and Audi EVs in the US, thanks to Trump’s tariff tantrum