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European automotive sector calls for vehicle renewal incentives to kickstart economic recovery after COVID-19; 25-point action plan

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We need a coordinated relaunch of industrial and retail activity, with maintained liquidity for businesses. Demand stimulus will boost the utilization of our manufacturing capacity, safeguarding jobs and investments. —Eric-Mark Huitema, Director General of ACEA, the automobile manufacturers’ association.

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China Forecast to Produce 12M Vehicles This year

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Chinese domestic auto makers were expected to produce and sell more than 8 million units of vehicles in first eight months this year respectively, said Chen Bin, director of the Department of Industry under the NDRC. Sales of China’s domestically-made automobiles totaled 1.09 Sales of China’s domestically-made automobiles totaled 1.09

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Younger auto debtors falling additional in the back of

Baua Electric

Shoppers’ struggles to pay expenses can erode era dealership industry. The settingup of stimulus bills and debt forbearance techniques — specifically with pupil loans — stepped forward shopper credit score rankings, he stated. The quantity borrowed for cars within the first quarter via shoppers ages 18 to 29 fell 25 p.c

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How and When the Chip Shortage Will End, in 4 Charts

Cars That Think

As Spectrum reported in the months since this story originally posted, the broken supply chains caused by the chip shortage have practically rewired whole segments of the tech industry. considered getting into the chip-stimulus game as well. The auto industry is a relatively small chip end-user, but it’s growing fast.

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China Car Sales Likely Hit New Record in April

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Bolstered by government stimulus plans, sales of autos in China likely reached a record high of 1.15 million units, according to estimates from the China Association of Automobile Manufacturers (CAAM). Assuming the CAAM figures are borne out by official data, April would be the fifth straight month of growth for the industry.

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Renewable Energy Generation: Change is not a destination, just as hope is not a strategy, a lesson exported from Detroit

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Why then do we not have the same clarity of goal for the electricity generating industry here in the USA? The automotive industry is living proof that private companies will rarely change their behaviors without a significant stimulus to that change, and furthermore one that needs to be mandated. Power plant capital costs.

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National Alliance for Advanced Transportation Batteries Opts for Kentucky Site for Li-ion Plant

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NAATBatt is a not-for-profit industry consortium of more than 50 corporations, associations and research institutions dedicated to making the United States a world leader in the manufacture of advanced lithium-ion or Li-Ion battery cells for transportation applications.

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