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12th Five-Year Plan for Chinas auto industry to make new-energy vehicles priority

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The 12 th Five-year Plan for China’s auto industry reportedly will make developing new-energy vehicles the top priority. China is targeting annual new-energy automobile sales of 1 million units by 2015, according to the China Association for Automobile Manufacturers. People’s Daily.

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Thomson Reuters report finds established auto industry companies, not Silicon Valley, leading development of autonomous driving tech

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According to the report— 2016 State of Self-Driving Automotive Innovation —there were more than 22,000 new inventions related to self-driving automobiles between January 2010 and October 2015, with some clear leaders already emerging in the space. Toyota and Hyundai take the second and third places.

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Cooperation of Daimler and Renault-Nissan Alliance accelerates, strengthens in 2015

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The partnership between the Renault-Nissan Alliance and Daimler AG accelerated and strengthened as it entered its sixth year in 2015, the companies’ leaders said today in a media update given during the Frankfurt International Motor Show. We look forward to its continued growth, with more joint projects in the future. —Dieter Zetsche.

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EC rolls out CARS 2020 action plan for European auto industry

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Thus, the Commission said it would work together with industry to develop a proposal on the European Green Vehicles Initiative under Horizon 2020, including a platform to develop clean and energy-efficient vehicle technologies, as announced in the 2010 Industrial Policy Communication.

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AlixPartners study finds post-crisis auto industry facing new set of challenges; sales projected below historical levels for foreseeable future

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billion in 2010 profit on a net margin of 4.6% Specifically, the firm estimates US auto sales will reach just 12.7 AlixPartners also estimates that on-going unemployment and underemployment could cost the auto industry up to 1.5 and North American suppliers pulled in $8.2 billion on a net margin of 4.3%—things

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Honda FCX Clarity fuel cell limousine service comes to Narita Airport

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HySUT today has 18 companies/associations (including auto industry) carrying on the phase 1 (FY2009-2010) and the phase 2 (FY2011-2015) studies under the name of HySUT. HySUT was founded in July 2009 with the aim of establishing hydrogen supply infrastructure and to improve hydrogen business environment.

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GM’s China JVs investing $12B between 2014-2017 to expand; GM outlines China market trends

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In conjunction with the start of Auto China 2014 in Beijing, GM China President Matt Tsien announced that GM’s China joint ventures will make capital expenditures of about $12 billion between 2014 and 2017. China has been GM’s largest market since 2010, last year accounting for about one-third of its global sales.

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