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Report: Japan carmakers downsizing in Europe as market shrinks

Green Car Congress

’s withdrawal from new-vehicle sales in Europe and Mitsubishi Motors Corp.’s ’s decision to cut stop producing the Colt subcompact there highlight the a downsizing trend in Europe for Japanese carmakers as the new-vehicle market there shrinks. ’s (7267) sales in the region plunged 25.1% Earlier post.).

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Volvo to concentrate on hybrids and downsized engines for US

Green Car Congress

The XC60 Plug-in Hybrid Concept was introduced at the Detroit Auto Show. In February 2011 at the Geneva Motor Show, Volvo introduced the diesel-electric V60 Plug-in Hybrid (PHEV), which is going on sale in Europe later this year. Click to enlarge. Earlier post.)

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KPMG survey: global auto execs expect slow growth in electrified vehicle sales; intensified investment coming in the face of current modest demand

Green Car Congress

In polling 200 C-level executives in the global automotive industry for the 2012 automotive survey, KPMG found that executives in the US and Western Europe expect even less consumer adoption, projecting e-vehicles will only account for 6-10% of global annual auto sales.

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JD Power 2012 APEAL highlights ongoing downsizing trend for new car buyers in US; increasing satisfaction with smaller vehicles

Green Car Congress

The 2012 APEAL Study finds that 27% of new-vehicle buyers who replaced a vehicle downsized—i.e., The downsizing trend also has an impact on owner satisfaction with the fuel economy of their new vehicle. purchased a new vehicle in a smaller segment than the vehicle they replaced. Power and Associates.

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Report: Mercedes pulls the plug on range-extended EV possibilities

Baua Electric

Mercedes built and tested some prototypes based on existing models, “concluded that the range-extender drivetrain is a transitional technology with a relatively short-term benefit in terms of sales and comparatively high production costs,” the source told Autocar. One of the prototypes was reportedly an EQS with a front-mounted 1.0-liter

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China’s largest carmaker to cut thousands of jobs at its joint ventures with GM and Volkswagen

Baua Electric

The total number accounts for 30% of employees at SAIC-GM, 10% at SAIC Volkswagen, and more than 50% at its Rising Auto EV subsidiary, two unnamed sources told Reuters. In China, EV sales account for 23% of total car sales, with that number on the rise. FTC: We use income earning auto affiliate links. SAIC-VW ID.3

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Hard parts supplier Rheinmetall Automotive expects electrification to account for more than half of sales in 2020

Green Car Congress

Global Tier 1 supplier Rheinmetall Automotive—formerly KSPG and Kolbenschmidt Pierburg— expects electrification to account for more than half of its sales in 2020. Sales amounted to around €2.6 But the content per car in sales is comparatively high. billion (US$2.8 Click to enlarge. —Horst Binnig.

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