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AUTO NEWS: Automakers lament no targeted aid in UK bailout

  • Date: 09-07-20
  • Category: AUTO NEWS
  • Source: Auto News

LONDON -- The UK's failure to set out specific support for automakers in its 30 billion-pound ($37.6 billion) package to help the economy get through the coronavirus has left the sector feeling vulnerable.

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AUTO NEWS: The end of the road? An overview of combustion-engine car phase-out announcements across Europe

  • Date: 10-05-20
  • Category: AUTO NEWS
  • Source: ICCT

An increasing number of local and national governments are signaling their intention to phase out combustion engine-powered vehicles. Almost half a dozen countries in Europe have set combustion-engine passenger car phase-out targets and dates in national strategies, plans, and programs, or have drafted or adopted such laws to mitigate climate change. In addition to national commitments, almost 30 cities have made plans or have pledged to prohibit combustion-engine cars in urban centers or entire

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AUTO NEWS: 25 actions for a successful restart of the EU's automotive sector

  • Date: 05-05-20
  • Category: AUTO NEWS
  • Source: CLEPA

Covid-19 is having a major impact on the economy with retail and manufacturing activity at a deep low and concerns mounting on consumer sentiment. The European automotive sector is hit particularly hard. Most activities in the sector were stopped for several weeks, which is an unprecedented situation. Many actors in the sector are under great economic stress and in need of government support.

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AUTO NEWS: PSA seeks to avoid state aid to keep FCA merger on track

  • Date: 21-04-20
  • Category: AUTO NEWS
  • Source: Auto News

PARIS — PSA Group hopes to avoid tapping French government loans, which could complicate its pending merger with Fiat Chrysler Automobiles, the automaker said.

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AUTO NEWS: VW to appoint ‘aggressive’ climate activist to scrutinise policies

  • Date: 25-02-20
  • Category: AUTO NEWS
  • Source: Financial Times

Volkswagen’s chief executive has pledged to employ a young climate campaigner to “aggressively” challenge the company’s environmental policies, as he acknowledged the world’s largest carmaker was moving too slowly in the race to roll out electric vehicles.

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AUTO NEWS: World première at Geneva Motor Show: First glimpse of the new Golf GTD

  • Date: 14-02-20
  • Category: AUTO NEWS
  • Source: Volkswagen

Volkswagen will celebrate the world première of the Golf GTD at the Geneva International Motor Show from 5 to 15 March. Among the technical highlights is the most powerful and – thanks to twin dosing – cleanest turbo diesel injection (TDI) engine ever to be installed in a Golf. It harmonises the confident dynamism of the Golf GTD together with higher efficiency and lowest emissions. The charismatic design of the Golf GTD reflects a unique combination of dynamism and self-confidence.

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AUTO NEWS: Tesla surges past $100 billion market value, passing Volkswagen

  • Date: 22-01-20
  • Category: AUTO NEWS
  • Source: Auto News

Tesla's market value has climbed above Volkswagen Group's for the first time to more than $100 billion, a threshold that will trigger a huge payout for Elon Musk if he can sustain the feat for months.

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AUTO NEWS: VW creating first innovation hub in North America

  • Date: 17-01-20
  • Category: AUTO NEWS
  • Source: WRCB tv

Volkswagen officials say they are partnering with the University of Tennessee and the Oak Ridge National Laboratory to create the company's first innovation hub for developing new technology in North America.

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