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Europe’s auto suppliers reach the end of the road – ET Auto

Baua Electric

Production of the car component at the town of Gifhorn will end in 2027 and move to Croatia, the Czech Republic and Wales to keep the costs “competitive”, according to Continental, which will cut about 7,000 jobs worldwide. Another 100 could find a home at a nearby Siemens mobility plant that supplies rail companies.

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Hyundai to launch a new electric mini-SUV at €20K

Baua Electric

That too suggests that the electric version will be produced in the Czech Republic alongside the electric Kona, which starts in Germany at a pricier €36,400. What to expect performance-wise? Several new models are targeting a starting price of €25,000 or less, including the Renault 5 , Twingo , and the BEV Fiat Panda.

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Volkswagen Group outselling GM in China

Green Car Congress

General Motors and its joint ventures in China delivered a September record 343,773 vehicles, up 16% year over year. While the situation in Brazil in particular remained tense, there was significant growth on the Chinese market. For the nine-month period from January to September, VW Group deliveries were up 10.7%

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