#carindustry
'Plug-in hybrids pollute almost as much as petrol cars, report finds'
www.theguardian.com/environment/...

'Analysis of 800,000 European cars found real-world pollution from plug-in hybrids nearly five times greater than lab tests'

#ClimateEmergency #CarIndustry #AutomotiveIndustry #deception
Plug-in hybrids pollute almost as much as petrol cars, report finds
Analysis of 800,000 European cars found real-world pollution from plug-in hybrids nearly five times greater than lab tests
www.theguardian.com
October 16, 2025 at 11:35 AM Everybody can reply
Toyota secures UK DRIVE35 funding for electric quadricycle feasibility study 👉 buff.ly/3Xcv3D1

#ElectricDrives | #ElectricVehicles | #EV | #Emobility | #Sustainability | #ElectricCars | #Toyota | #APCUK | #DRIVE35 | #CarIndustry | #UKIndustry
October 16, 2025 at 8:51 AM Everybody can reply
#Volkswagen shutting down factories due to the low demand of #ElectricVehicles

Relative that got into #CarIndustry, #Stellantis was praising #EV s due to having one and what company said .. now says they're shit and another relative made redundant from #Ford

youtu.be/RePNG5MB_9I?...
CRISIS: Volkswagen EV factories SHUT DOWN thanks to WEAK demand | MGUY Australia
YouTube video by MGUY Australia
youtu.be
September 30, 2025 at 12:04 PM Everybody can reply
2 quotes 1 likes
Factbox-What plans have major automakers announced at the Munich auto show?
(Reuters) - Prominent global automakers showcased their latest models at the Munich car show, including new EVs and lower-cost vehicles, as Europe’s auto sector faces crises ranging from tariff hikes to rising costs and rivalry with Chinese firms on their home turf. Here are the announcements by some of the companies: BMW said its iX3, the first model in its all-electric Neue Klasse series which was launched earlier in September, will be sold in Europe from March 2026 at a price of 68,900 euros ($80,700). It is monitoring its highly competitive China market in terms of pricing ahead of launching the iX3 there next year. STELLANTIS Franco-Italian carmaker Stellantis will no longer exclusively produce EVs as part of its target through 2030, Jean-Philippe Imparato, head of enlarged Europe and European brands, said. Imparato said EU carbon emissions targets for 2035 were no longer achievable for any carmaker, supporting Stellantis’ decision not to restrict production just to EVs. LEAPMOTOR Chinese EV maker Leapmotor unveiled the B05, a new hatchback described by CEO Zhu Jiangming as a sporty coupe, as competition heats up for affordable electric models. The B05 will be delivered in Europe from the second quarter of 2026 after its launch in China later this year, and will come in six colours. Pricing was not disclosed. TOGG The Turkish EV startup unveiled a new sedan as it launched sales in Europe starting with Germany. Togg announced the European launch of its T10X electric SUV, and unveiled the T10F, an electric five-door sedan. 3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads. Orders for both vehicles will start in Germany at the end of September and pricing details were not disclosed. GAC Next year, GAC will start selling the Aion UT, an electric crossover. First, check if it's included in one of this month's AI-powered stock strategies for ProPicks AI. Investing.com created these strategies to identify the most exciting trading opportunities currently in the market. The stocks that made the cut could produce monster returns in the coming years, like ViaSat and Sapiens, both up over 60%+ each in Q2 of 2025 alone. Is STLAM one of them?
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September 8, 2025 at 11:42 AM Everybody can reply
Tariffs have cost Volkswagen ’several billions’ so far, CEO says
By Christoph Steitz and Louisa Off MUNICH (Reuters) - U.S. tariffs have cost Volkswagen, Europe’s largest carmaker, billions of euros so far, its chief executive said on Monday, adding that its key brand Porsche was being squeezed in a "sandwich" of duties and a weak Chinese market. Speaking to Reuters during the IAA Munich car show, Oliver Blume said "it’s several billion euros on our balance sheet that this situation costs this year". The comments lay bare the full impact tariffs are having across the sprawling Volkswagen group, which includes the Audi, Porsche, Cupra and Skoda brands, among others. So far, Volkswagen has only disclosed a 600-million-euro ($704 million) hit to Audi in the first half of 2025 as well as a 300 million blow to Porsche in April and May. Both brands have no local U.S. production. Like its rivals, Volkswagen is still waiting for current U.S. auto import tariffs to fall to 15% from 27.5%, something the administration under President Donald Trump has pledged but so far not delivered. Blume said it was important how the tariff situation would play out in the future, also pointing to "very positive discussions" the carmaker is holding with the U.S. government around tax breaks for planned investments. That includes a possible local production plant for Audi, a decision that is expected to be made by the end of the year. Blume, who also serves as CEO of Porsche, said the luxury sportscar maker was in a "sandwich position more than any other automotive manufacturer" as its two biggest markets - China and the United States - were either faltering or hit by tariffs. 3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads. Blume confirmed that the dual CEO role - which has drawn criticism from shareholders and unions - was not permanent, and added it was still open which of the two posts he would give up. ($1 = 0.8525 euros) Is VOWG part of an AI-powered winning strategy? ProPicks AI evaluates VOWG alongside thousands of other companies every month using 100+ financial metrics. Using powerful AI to generate exciting stock ideas, it looks beyond popularity to assess fundamentals, momentum, and valuation. The AI has no bias—it simply identifies which stocks offer the best risk-reward based on current data with notable past winners that include Super Micro Computer (+185%) and AppLovin (+157%). Want to know if VOWG is currently featured in any ProPicks AI strategies, or if there are better opportunities in the same space?
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September 8, 2025 at 8:40 AM Everybody can reply
New Advanced Propulsion Centre UK report outlines innovations that should be considered to grow the UK’s power electronics sector 👉 buff.ly/l1Wb8SM

#ElectricDrives | #ElectricVehicles | #EV | #Emobility | #Sustainability | #Automotive | #CarIndustry | #AutomotiveIndustry | #Innovation | #UK
August 29, 2025 at 2:06 PM Everybody can reply
1 likes
🚗 Why did Japan agree? Access to the US market is critical—especially for Japan’s auto industry.

Lower car tariffs are a win for Tokyo, despite the eye-watering investment price tag.

#CarIndustry #GlobalTrade #TrumpDeal
July 25, 2025 at 9:58 AM Everybody can reply
Hyundai Motor Q2 profit falls 16% as US tariffs weigh
SEOUL (Reuters) -Hyundai Motor posted a decline in second-quarter operating profit on Thursday, down 16% from a year earlier, as U.S. tariffs on vehicles and parts started to weigh on its bottom line. Hyundai, which together with affiliate Kia is the world’s third-biggest automaking group by sales, booked operating profit of 3.6 trillion won ($2.64 billion) for April-to-June, compared with 4.28 trillion won in the same period a year earlier. The result compared with a 3.5 trillion won LSEG SmartEstimate drawn from 22 analysts. The consensus estimate gives more weight to analysts who are more consistently accurate. The South Korean automaker said it was sticking to its annual profit target for now even after U.S. tariffs cost the company 828 billion won in the second quarter. While U.S. tariffs pose risks to its operations, the weaker South Korean currency helped cushion some of the blow from tariffs, it added. "Hyundai Motor (OTC:HYMTF) will continue to monitor its annual profitability guidance and flexibly adjust its targets in line with global market conditions," the company said in a statement. South Korean companies have been on tenterhooks after Washington reached a deal with Japan this week that lowers tariffs on auto imports and spares Tokyo from punishing new levies on other goods. South Korea’s finance ministry said on Thursday that talks due to be held on Friday between top Seoul and Washington officials over tariffs have been rescheduled because of a scheduling conflict for U.S. Treasury Secretary Scott Bessent. Hyundai Motor said its revenue rose 7% from a year earlier to 48.3 trillion won, versus an analysts’ consensus of 47 trillion won. ($1 = 1,366.2000 won)
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July 24, 2025 at 5:58 AM Everybody can reply
South Korea, car makers seek relief from US port fees on vehicle carriers
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July 7, 2025 at 8:21 AM Everybody can reply
Xiaomi to consider selling cars outside China from 2027, CEO says
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July 2, 2025 at 3:18 PM Everybody can reply
Major automakers criticize US auto safety agency, call for reform
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June 25, 2025 at 5:56 PM Everybody can reply