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AUTO PRODUCTION: Volvo CEO outlines strategy to electrify lineup, become climate neutral

Volvo Cars CEO Hakan Samuelsson has set ambitious goals for the automaker. He wants half of Volvo's global sales to come from full-electric cars by 2025 and the other half should be hybrids. He also wants the company to become climate neutral by 2040 and to get there it must reduce its life cycle carbon footprint by 40 percent per car by the middle of the next decade. Samuelsson explained how Volvo aims to achieve these goals in an interview with Automotive News Europe Managing Editor Douglas A.

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AUTO PRODUCTION: New NACFE guidance report address viability of hybrid, electric heavy-duty trucks

The North American Council for Freight Efficiency (NACFE) released its newest industry guidance report this week, a deep dive into the viability of electric, hybrid and alternative-fueled powertrains for Class 7 and 8 tractors.

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AUTO PRODUCTION: Maruti to raise prices next month to pass on rise in input costs

Maruti Suzuki India Limited today said it would increase prices of its various models in January to pass on the rise in input costs. The company did not specify the quantum of the price hike or its effective date. The announcement of a price hike comes even as companies, including Maruti, have struggled to sell their products, owing to various reasons. Maruti’s total monthly wholesale sales in November were 3.2% lower from a year ago at 141,400 units.

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AUTO PRODUCTION: Carmakers Shed 80,000 Jobs as Electric Shift Upends Industry

It’s turning out to be one of the worst years ever for auto workers across the globe amid shrinking demand and a tectonic shift in vehicle technology, with Daimler AG and Audi announcing almost 20,000 job cuts in just the past week.

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AUTO PRODUCTION: UK car production falls again in October

UK car manufacturing output fell 4% year on year in October, with 134,752 units built, according to the Society of Motor Manufacturers and Traders (SMMT).

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AUTO PRODUCTION: BMW, Great Wall to open 160,000-capacity China plant

MUNICH -- BMW and its partner, Great Wall Motor, said on Friday that they plan to build a plant in China with a capacity of 160,000 cars a year.

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AUTO PRODUCTION: Ford and Webasto unveil ultra-high-performance battery electric Mustang fastback prototype

At SEMA, Ford and Webasto revealed Mustang Lithium, an ultra-high-performance battery electric Mustang fastback prototype. With more than 1,000 ft-lbs of torque and more than 900 hp instantaneously available, this Mustang amps muscle car performance to a new level and helps gauge the level of interest the next wave of performance customers have in lightning-quick performance that only fully electric powertrains can deliver.

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AUTO PRODUCTION: Chinese auto production capacity utilization slides to 76.1% in Q3

Average production capacity utilization in China’s auto industry has continued to decline as its new-vehicle market remains locked in a downturn.

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