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China publishes plan to boost fuel-efficient and new energy vehicles and domestic auto industry; targeting 500K PHEVs and EVs in 2015, rising to 2M by 2020

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2012 Chinese Auto Industry Development Report. The fifth annual report on China’s auto industry—2012 Chinese Auto Industry Development Report—says that the next 20-30 years will be a “critical period” that will see the formation of a global new-energy vehicle industry.

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EC rolls out CARS 2020 action plan for European auto industry

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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

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AlixPartners also estimates that on-going unemployment and underemployment could cost the auto industry up to 1.5 According to the study, historically, approximately one of every five vehicles sold is financed by home-value appreciation, a ratio that’s likely to decrease with the continuing stagnancy in home values.

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US Treasury To Provide Up To $5B in Financing For Auto Supplier Support

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While the President’s Task Force on the Auto Industry continues to review restructuring plans submitted by General Motors and Chrysler, the US Department of the Treasury announced an Auto Supplier Support Program that will provide up to $5 billion in financing to US-based suppliers.

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Capgemini and Audi launch XL2 joint venture to support digital transformation of auto industry

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processes, including production planning, logistics, finance, maintenance, quality and materials management. The company’s goal is to expand its project business gradually and achieve a powerful workforce within the next five years. XL2 is designed to enable end-to-end digital manufacturing, covering all central.

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Stellantis’ Handling Of Dodge Should Be A Cautionary Tale

The Truth About Cars

From CarsDirect : Just as before, Stellantis Financing continues to offer a special financing rate of 1.9% percent] APR financing for 72 months could make the 2025 Dodge Charger Daytona EV a more appealing option to purchase than before. The first one includes 0 [percent] APR financing for 72 months plus $3,000 in bonus cash.

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Stellantis Yet Again Confirms That It's Not Selling Maserati

The Truth About Cars

Red is a great color for many Italian cars, but the problem for Maserati is that it has been seeing the color more in its finances than on an exciting new car. Maserati also has to contend with trends impacting the auto industry as a whole, including shifting EV demand and softening buyer enthusiasm for expensive exotic cars.

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