0632 GMT July 03, 2022
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Carbon dioxide emissions from new cars in Europe rose for a third year running in 2019, provisional data from the European Union’s environment agency (EEA) showed on Friday, with carmakers further lagging the bloc’s upcoming climate goals.
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Carbon dioxide emissions from new cars in Europe rose for a third year running in 2019, provisional data from the European Union’s environment agency (EEA) showed on Friday, with carmakers further lagging the bloc’s upcoming climate goals.
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South Korean carmakers and auto parts firms will suffer a cash shortage of over 28 trillion won ($23 billion) if the coronavirus outbreak continues to affect the automobile industry for the next four months, a local industry association said.
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Drivers hoping their new plug-in hybrid car will help cut down their carbon footprint may have an unlikely enemy: Cold weather.
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Carmakers in South Korea said Saturday some of their assembly lines are still short of auto components as parts suppliers in China partially resumed operations this week amid no signs of the new coronavirus slowing.
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Volkswagen and FiatChrysler could face penalties of up to 1.83 billion euros ($2.08 billion) and 746 million euros respectively, if they fail to meet the European Union’s emissions targets set for 2021, according to AlixPartners.
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High wages and low productivity are posing considerable challenges for South Korean carmakers already struggling with slowing global market sales, the chief of a local auto industry lobby said in a recent interview.
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Carmakers are dreaming up futuristic electric car engine sounds to ensure that pedestrians can hear vehicles that lack audible cues like high-revving, howling combustion engines, senior executives at the 89th Geneva International Motor Show in Geneva, Switzerland, said.
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Vehicle sales of South Korea's five carmakers declined 1.1 percent last month from a year earlier on weak overseas demand, corporate data showed on Monday.
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Auto industry executives gathering this week for the Paris Motor Show, to be held during 4-14 October, will be rubbing shoulders with unusual company: Dozens of tech experts eager to tackle what many consider the ultimate connected device.
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German automotive companies continue to dominate the global market for luxury vehicles, a study published by the Bergisch-Gladbach technical college finds.
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German automakers reacted with dismay as the US Commerce Department said tariffs on car imports could be on the horizon, potentially opening a new front in a burgeoning transatlantic trade conflict.
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Global carmakers touted their latest electric and SUV models in Beijing on Wednesday, as China promises a more level playing field in the world’s largest auto market where domestic vehicles are making major inroads.
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Major automakers say their joint European electric car recharging network will open its first stations this year in Germany, Austria and Norway in what the companies hope will be a big step toward mass acceptance of battery-powered cars
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Car companies haven’t wasted any time courting the nine million potential customers unlocked when Saudi Arabia lifted its ban on women drivers.
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