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EC rolls out CARS 2020 action plan for European auto industry

Green Car Congress

It is the first deliverable of the New European Industrial Policy outlined in an earlier communication. This Action Plan is based on four pillars: investing in advanced technologies and financing innovation; improving market conditions; enhancing global competitiveness; and investing in human capital and skills and softening the.

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

Green Car Congress

The AlixPartners 2011 Automotive Outlook finds that while automakers and suppliers have seen profits bounce back—North American original equipment manufacturers (OEMs) posted $12.5 Specifically, the firm estimates US auto sales will reach just 12.7 million units in 2011 and only 13.6 billion on a net margin of 4.3%—things

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DOE taking steps to revitalize Advanced Technology Vehicles Manufacturing (ATVM) Loan Program

Green Car Congress

LPO has not made an ATVM award since March 2011; that loan, for $50 million to the Vehicle Production Group LLC, is now discontinued. The US auto industry has evolved since the ATVM Program was established and today we are presented with an opportunity to hit the accelerator on US auto manufacturing growth.

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China’s EV Subsidy

Revenge of the Electric Car

Buyers of electric vehicles will receive up to 60,000 yuan ($8,800), and buyers of certain gasoline-electric hybrids as much as 50,000 yuan, under the two-year program set to start this year in five cities—Shanghai, Hangzhou, Changchun, Shenzhen and Hefei—the ministry of finance said Tuesday. Japan and Europe. Japan’s Nissan Motor Co.,

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Fitch Ratings: US automakers well positioned for weak demand in 2012; estimates break-even for Detroit 3 at 10.5M units

Green Car Congress

than was seen in 2010 and 2011. —“2012 Outlook: US Auto Manufacturers and Suppliers”. In addition to geographical growth, the auto industry has been investing significantly in research and development (R&D), Fitch notes, with the increase in R&D spending being driven not only by. million units in 2012, up 4.4%

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Grant Thornton LLP Warns of Potential Collapse of Automotive Supply Chain

Green Car Congress

To right-size capacity levels and promote a viable industry, we believe 30 to 40 percent of all suppliers are at risk due to the necessary alignment of capacity with demand, which should stabilize in the 12 to 14 million-unit range by 2010-2011. Further, the government may be suffering from the early stages of bailout fatigue.

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Perspective: Drive Star Conversion Program Could Cut US Oil Use in Half by 2020

Green Car Congress

Well, America’s auto industry delivered over 100,000. That helped us become the world’s greatest industrial power. It helps that the auto industry will be building more efficient new vehicles. Retrofitters can partner with energy service companies to finance those costs, backed by federal loan guarantees.

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