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Tesla expected to near 50% sales growth target in the United States

Teslarati

Tesla has one of the highest growth targets in the automotive industry, aiming for 50% sales growth year over year. It remains unclear if Tesla is capable of the same growth in other markets, but there are some positive indicators. For this year, that would mean producing and selling just over 1.4 million vehicles globally.

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Volkswagen Group and Tata Motors Ltd. to explore strategic alliance for joint development projects; ŠKODA to lead

Green Car Congress

The first step will address topics such as the application of specific market knowledge as well as local development expertise. In the long term, the Volkswagen Group is looking to further expand its product portfolio in the fast-growing emerging markets. It also has an industrial joint venture with Fiat in India.

Motor 150
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Teijin acquires composites company Inapal to expand European automotive business

Green Car Congress

Inapal is a Tier One supplier of composite components to the automotive and heavy truck industries. The company has two manufacturing locations in Portugal serving a variety of European OEM customers including Jaguar, Land Rover, BMW, Mercedes, Volkswagen and Bentley. In July, we announced the acquisition of J.H.

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Shock! VinFast’s VF Wild electric pickup was designed in Melbourne!

EV Central

VinFast Wild electric pickup concept at CES 2024, Las Vegas Both GoMotiv studio director Robert Thorpe and creative director Justin Thompson were present in Las Vegas for the unveil and plan to use the attention generated to promote the studio’s capabilities to the automotive industry, especially in the Asia-Pacific and China. “We

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Ford reorganizes Asia Pacific markets; establishes stand-alone China business

Green Car Congress

Ford Motor Company is reorganizing its Asia Pacific operations. Peter Fleet, president Ford Asia Pacific, will facilitate the transition of Chen into his new position as leader of the Ford operations in China. and Chairman of the Board of Directors, Chery Jaguar Land Rover, Automotive, China.

Asia 207
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European Investment Bank Approves 866M in Loans for Cleaner Cars; Majority to Nissan and Jaguar

Green Car Congress

The loans include €400 million to Nissan ’s European operations to develop and build more fuel-efficient vehicles in the United Kingdom and Spain, and €366 million to Jaguar Land Rover to help cut vehicle emissions.

Cleaner 150
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Novelis to invest $180M to double automotive aluminum body sheet capacity at Changzhou

Green Car Congress

The company is supplying aluminum solutions for the all-new Jaguar XFL, the first Jaguar model from Chery Jaguar Land Rover featuring a body-in-white made of 75% aluminum. and chairman of the board of directors of Hindalco Industries Limited. Novelis delivers aluminum products to SGM, SAIC, FAW-VW, Chery and Changan Ford.

Chery 191