Auto Industry BMW Europe Industrial 
Green Car Congress
AUGUST 16, 2014
(MRC) recently executed a share sales and purchase agreement by which it will acquire 51% of Wethje Holding GmbH , a German company engaged in manufacturing of carbon fiber reinforced plastics (CFRP) parts for automobile applications, from Wethje parent Cross Industries AG.
Teslarati
JANUARY 6, 2023
The stocks of German luxury automakers, including Mercedes, Porsche, and BMW, have remained strong in recent months despite numerous disruptions. This is despite the near-constant supply shortages that have plagued (and continue to plague) the auto industry, notably in Europe. BMW stock chart by TradingView.
Green Car Congress
SEPTEMBER 13, 2017
It’s also in line with what is expected of other industry sectors, as well as the EU Climate and Energy Framework and the global Paris agreement. In our opinion, this conditionality principle links Europe’s long-term climate objectives to the reality of the market. This is a steep reduction. —Dieter Zetsche.
Baua Electric
MARCH 22, 2024
The heads of BMW, Volkswagen, and Renault have spoken out against European Union’s emission targets in recent days, arguing that the phase-out rules put too much pressure on the industry and that consumers aren’t buying EVs fast enough. The company estimated 50% BEV sales by 2030 worldwide, and possibly higher in Europe, he said.
Green Car Congress
APRIL 1, 2010
The European automobile industry expressed concern about the “ sudden and massive ” increase in the price of iron ore, a crucial material for producing steel. The automobile industry needs broad access to raw materials at competitive conditions, especially in times of fragile economic circumstances, ACEA said.
Baua Electric
JANUARY 17, 2024
The partnership comes as the European auto industry readies for a “battery passport” that will trace the content and carbon footprint of EV cells sold in Europe. “As soon as we switch this light on with the battery passport regulations, all of a sudden folks will start worrying about sourcing responsibly.”
Green Car Congress
JULY 2, 2018
The European Parliament’s Committees on industry (ITRE) and transport (TRAN) will vote on the European Commission’s proposal for future car and van CO 2 targets on 10 July. The auto industry is eager to move as fast as it can towards zero-emission vehicles. —Erik Jonnaert. and Spain 0.6%). —ACEA report.
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