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China to Encourage Consolidation in Auto Industry; Push to Increase Market Share of Domestic Automakers

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China’s central government plans to implement a new policy in the first half of this year to encourage auto industry consolidation and further the development of Chinese-brand passenger vehicles, an official from the Ministry of Industry and Information Technology said at a recent news conference. China Daily.

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FCA proposes 50:50 merger with Groupe Renault

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delivered a non-binding letter to the Board of Groupe Renault proposing a combination of their respective businesses as a 50/50 merger. Groupe Renault has a strong presence across Europe, Russia, Africa and Middle East, while FCA is uniquely positioned in the high margin segments in North America and is a market leader in Latin America.

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Volkswagen Group launching major electro-mobility campaign in China; $25B on new vehicles, technologies and plants up to 2018

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The Volkswagen Group is launching a major electro-mobility campaign in China—the the biggest initiative for e-mobility in China’s automotive history, said Prof. Dr. Martin Winterkorn, CEO of Volkswagen AG, on the eve of the Auto China motor show in Beijing. earlier post ) and e-Golf ( earlier post ) models. billion (US$25.1

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Auto Industry Backs Additional Funding for Research into Impacts of Mid-Level Ethanol Blends

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The auto industry in principle is not opposed to the introduction of such mid-level blends (i.e., The group is using EPA recommendations to assess numerous test plans. The Research Coordination Group has now identified critical information gaps, as well as research overlaps, opportunities for collaboration and funding needs.

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Volkswagen Group’s new Future Tracks program targeting digitalization era in auto industry; “James 2025”

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At the Geneva Motor Show and now at the IT trade fair CeBIT in Hanover, Germany, Volkswagen Group executive management has begun to outline its “Future Tracks” program which will address, among other things, what Chairman of the Board of Management Prof. We need a voluntary commitment by the automobile industry. billion (US$5.3

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Hyundai Motor Group bolsters partnership with Rimac on high-performance EVs and fuel cell prototypes across brands

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Hyundai Group joined its partner Rimac Automobili in an event hosted by Rimac CEO Mate Rimac and attended by Croatian Prime Minister, ministers, and senior government officials to discuss the potential of the new auto industry in Croatia. —Hyundai Group Executive Vice President Thomas Schemera. Earlier post.)

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Auto Industry and Utilities Urge President Obama to Create to National Electric Fuel Task Force to Accelerate Plug-in Adoption

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Led by the Department of Energy, the task force would include federal and state regulators, standards organizations, utilities, environmental groups, consumer groups and electric drive industry stakeholders. Under the American Recovery and Reinvestment Act, $2.4

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