Green Car Congress
MARCH 27, 2020
The decline of the European new car market has continued throughout February. This equates to a decline of 7.0%, as last month saw the lowest number of registrations since 2015, when only 955,113 units were registered. As of 29 February, JATO data has shown that the impact of COVID-19 had yet to hit the European automotive market.
Green Car Congress
FEBRUARY 4, 2019
The European car market remained stable during 2018, as 15.6 It was the best result since 2007, when the market peaked with 16.02 Strong results in Q2, where the market was up by 4.8%, and Q3, where the market was up by 1.1%, were enough to offset the large decline posted in Q4, where the market dropped by 7.5%
Green Car Congress
OCTOBER 8, 2020
r in Hungary is engaged in decarbonization by means of three mechanisms. Audi Hungaria is the biggest user of industrial geothermal energy in Hungary. Since 2015 the company has made use of 250 gigawatt-hours of geothermal energy, reducing emissions of CO2 by 50,000 tonnes. In addition, the site at Gy?r
Green Car Congress
JUNE 6, 2018
Mercedes-Benz Cars is starting construction of its first “Full-Flex Plant“ in Kecskemét, Hungary, about 90 km in the south of Budapest. With an investment of one billion euros, we are building in Hungary the first ‘Full-Flex Plant’ in the global production network of Mercedes-Benz Cars.
Green Car Congress
SEPTEMBER 18, 2013
To achieve that target, the company is making large investments at its large production sites in Germany and Hungary and is significantly expanding its production network outside Europe. In addition, by producing locally, Audi can avoid an additional tax of 30% and thus be active in the growing Brazilian market with competitive prices.
Baua Electric
APRIL 20, 2024
The Vredestein brand presented Apollo Tyres with the perfect entry into Europe’s highly competitive premium tyre market. In 2015, Apollo Tyres expanded its agricultural product line with the launch of the Traxion Harvest, and with new variants of the Traxion Versa and Endurion.
Green Car Congress
MAY 29, 2017
The company will decide on the basis of market demand which foreign locations will produce further EQ models within the production network. In 2015, Rastatt plant management and works council reached an agreement for competitiveness and future development and agreed to produce the next Mercedes-Benz compact car generation in Rastatt.
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