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CORONAVIRUS: Fiat Chrysler on brink of closing first European plant due to virus

  • Date: 06-02-20
  • Category: CORONAVIRUS
  • Source: Financial Times

One of Fiat Chrysler’s European facilities is as little as a fortnight away from halting production because of problems sourcing Chinese parts, the company warned, in the first prospective European car plant shutdown resulting from the coronavirus outbreak.

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EMISSIONS: Ford expects to hit EU CO2 targets with no fines

  • Date: 06-02-20
  • Category: EMISSIONS
  • Source: Auto News

Ford will make big enough reductions to CO2 levels across the models it sells in Europe to avoid paying fines under tough new European Union emissions targets that started this year, the company has said.

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AUTO SALES: Fuel types of new cars: petrol +11.9%, diesel -3.7%, electric +81.3% in fourth quarter of 2019A

  • Date: 06-02-20
  • Category: AUTO SALES
  • Source: ACEA

Brussels, 6 February 2020 – In the last quarter of 2019, EU demand for diesel cars further decreased, dropping to 29.5% of new-car registrations. Petrol cars accounted for 57.3% of the EU market, while electrically-chargeable vehicles (ECV) made up 4.4% of total new car sales across the region from October to December last year. All alternatively-powered vehicles (APV) combined held a market share of 13.2%.

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AUTO PRODUCTION: The Renault design boss matching sneakers to cars

Laurens van den Acker is shown wearing Le Coq Sportif sneakers to match the Renault Captur, pictured on the right.

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ELECTRIC VEHICLES: Volkswagen aims to sell 250,000 electric cars in 2020

German carmaker Volkswagen is investing heavily in electric cars. The company has rolled out 250,000 electric cars since the start of the company’s electric vehicle programme in 2013.

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CORONAVIRUS: VW is automaker most exposed to virus impact, S&P says

  • Date: 05-02-20
  • Category: CORONAVIRUS
  • Source: Bloomberg

Volkswagen Group is the automaker most exposed to the coronavirus outbreak in China, according to Standard & Poors.

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ACQUISITION: Early settlement of deferred consideration for 33% interest in BRPM JV by Royal Bafokeng Platinum

  • Date: 03-02-20
  • Category: ACQUISITIONS
  • Source: Anglo American Platinum

Anglo American Platinum refers shareholders to the SENS announcement of the completion of the disposal of its 33% interest in the Bafokeng Rasimone Platinum Mine joint venture (“BRPM JV”) on 12 December 2018, (the “Transaction”).

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SOUTH AFRICA: Platinum Mining Giant Says South Africa Running Out of Time

South African President Cyril Ramaphosa may be running out of time to enact the reforms required to attract significant investments in the country’s mining industry.

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