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How Much Is The German Auto Industry Under Threat?

CleanTechnica EVs

However, at that time, the German auto industry felt confident that it could continue to mainly produce and sell ICE (internal combustion engine) vehicles in Germany while at the […]

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Upstream Security: cyber hacks could cost auto industry $24 billion within 5 years

Green Car Congress

Cyber hacks might cost the auto industry roughly $24 billion within five years, according to a new study by Upstream Security , which specializes in cloud-based security protection. Issues range from safety critical vehicle systems, to data center hacks on back-end servers, to identity theft in car sharing, and even privacy issues.

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2024 trends in the auto industry promise a focused approach | Autocar Professional

Baua Electric

Many factors contributed to the revival — pent up demand, positive government regulations, new vehicle launches with many first-time segment-specific features, and higher investments in infrastructure. However, passenger vehicle exports bucked the trend and registered growth, largely due to higher demand for sports utility vehicles.

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ABB and HASCO create joint venture to drive smart manufacturing in China’s auto industry

Green Car Congress

The joint venture will build on the existing successful relationship between the two companies, leading to the development of highly flexible and sustainable auto parts manufacturing within HASCO’s China-based operations. Both parties agreed not to disclose any further details about the investment.

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Stellantis CEO: Speeding Up EV Transition Is “Beyond The Limits” Of What Auto Industry Can Sustain

CleanTechnica EVs

By Johnna Crider and Zachary Shahan In an interview at the Reuters Next conference, Stellantis CEO Carlos Tavares said that the costs of speeding up the transition to EVs are “beyond the limits” of what the auto industry can sustain.

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Ipsos Auto Global Study: interest in battery electric vehicles growing in the US

Green Car Congress

The auto industry has seen this need to improve familiarity in the past, with some advanced driver assist features such as ACC and even autonomous driving. A growing consumer awareness led to an increased desire to have them in vehicles. After convenience, a nice-looking vehicle proved to be very important.

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Toyota Financial Services issues first Euro-denominated Green Bond allocated specifically to the sales of low-emission vehicles; €600M

Green Car Congress

Toyota Financial Services (TFS) issued its first euro-denominated unsecured Green Bond today, expanding its commitment to the sale of environmentally friendly vehicles. There are currently nine vehicles in the Toyota and Lexus lineup that qualify. Green Bonds are an important component of TFS’ diversified funding program.

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