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AUTO SALES: European Car Sales in February Offer Hope for a Turnaround

  • Date: 15-03-19
  • Category: AUTO SALES
  • Source: Bloomberg

European car sales declined in February for the sixth straight month, although improvements in some of the biggest markets of Germany, France and the U.K. indicate a turnaround may be on the horizon.

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LITHIUM: SQM receives environmental approval for Chile lithium plant expansion

  • Date: 15-03-19
  • Category: LITHIUM
  • Source: Mining.com

Chilean lithium miner SQM on Thursday received environmental approval to expand its lithium carbonate production plant, the local environmental regulator told Reuters, marking a milestone as the company seeks to boost output of the coveted ultralight battery metal.

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JEWELLERY: China's gold, silver and jewelry consumption increased by 4.4% year-on-year in January-February

  • Date: 14-03-19
  • Category: JEWELLERY
  • Source: Jewellery.org

In January-February 2019, the total retail sales of consumer goods reached 660.64 billion yuan, a nominal increase of 8.2% year-on-year. Among them, the retail sales of consumer goods above designated size was 2,309.6 billion yuan, an increase of 3.5%.

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CHINA: China will cut value-added tax for manufacturers on April 1

  • Date: 14-03-19
  • Category: CHINA
  • Source: Nasdaq

China will cut value-added tax (VAT) for manufacturing and other sectors on April 1, Premier Li Keqiang said on Friday, adding that cuts in taxes and fees remained a key measure to cope with downward pressure on the world's second-largest economy.

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PALLADIUM: Fiat Recall Leaves Palladium Buyers Bracing for ‘Supply Shock’

  • Date: 13-03-19
  • Category: PALLADIUM
  • Source: Bloomberg

Fiat Chrysler Automobiles NV’s recall of almost 900,0000 gasoline-fueled vehicles could spur additional demand for the palladium market that’s already reeling from shortages.

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EMISSIONS: Lease company blames diesel confusion for CO2 fleet rise

  • Date: 12-03-19
  • Category: EMISSIONS
  • Source: Just Auto

The UK-based Fleet Alliance says that confused government policy towards diesel vehicles, which has led to falling sales of cars powered by the fuel, has caused the first ever increase in average CO2 emissions across its fleet.

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POLLUTION: Air pollution: How damaging are idling cars and buses?

  • Date: 12-03-19
  • Category: POLLUTION
  • Source: BBC

Public Health England has been talking about the steps that can be taken to reduce air pollution. One of its recommendations is to stop vehicles idling close to places such as schools and hospitals.

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WLTP: VW brand margin slips on WLTP, EV investments

  • Date: 12-03-19
  • Category: WLTP
  • Source: Europe Auto News

WOLFSBURG -- Volkswagen Group said the operating margin at its VW brand had taken a hit last year from new emissions tests and its investment on electric vehicles. Profits at Audi and Bentley were also hit by Europe's new WLTP test cycle.

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