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Stellantis strengthens ties with China’s auto industry

Teslarati

Stellantis recently repurchased €934 million in shares from Chinese auto company Dongfeng as per a pre-existing share repurchase framework. Dongfeng Motors Corporation Ltd. is a state-owned automobile manufacturer headquartered in Wuhan, Hubei. Dongfeng will retain 49.2

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Automaker lobbyist group predicts doom, gloom over CAFE

Green Car Reports

Environmental Protection Agency (EPA) and auto-industry lobbyists are now sparring over the future of Corporate Average Fuel Economy (CAFE) standards for 2022-2025.

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CAR report quantifies automotive’s position as a leading high-tech industry

Green Car Congress

A newly-released report by the Center for Automotive Research (CAR) concludes that the automotive industry is not only “high-tech,” it is frequently a leader in technological developments and applications. Additionally, the auto industry provides 16% of total worldwide R&D funding for all industries. Click to enlarge.

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Volvo follows in Stellantis’ footsteps and departs from ACEA

Teslarati

As the auto industry splinters over the switch to electric vehicles, Volvo Cars AB is the second major manufacturer to leave Europe’s auto lobby. Volkswagen AG, Toyota Motor Corporation, and significant commercial vehicle manufacturer Daimler Truck Holding AG are among its members.

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GM Reaches Agreement with China-based Pacific Century Motors on the Sale of Nexteer Automotive

Green Car Congress

The company designs, engineers, manufactures and sells electric power steering, hydraulic power steering, steering columns and driveline halfshafts for more than 60 automobile manufacturers and tier one suppliers. Girsky, GM vice chairman, Corporate Strategy and Business Development. Headquartered in Saginaw, Mich.,

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