News
AUTO NEWS: Renault should sell Nissan stake and press ahead with FCA merger
- Date: 03-07-19
- Category: AUTO NEWS
- Source: Europe Auto News
Renault should sell its 43 percent in Nissan and merge with Fiat Chrysler Automobiles, says Bernstein analyst Max Warburton. In a letter to Renault Chairman Jean-Dominique Senard, Warburton writes that Renault should no longer cling to the idea that its alliance with Nissan can be preserved when all the indications are to the contrary.
View full storyDIESEL: London clean air rules accelerate slump in diesel cars demand
- Date: 02-07-19
- Category: DIESEL
- Source: Financial Times
Last year, a quarter of customers at Alan Day’s London dealerships bought diesel cars. So far this year, demand for the fuel type from its five Volkswagen forecourts has fallen to just 2 per cent.
View full storyAUTO SALES: Tesla Model 3 boosts electric-car demand in Norway to 45% of all sales in first half
- Date: 02-07-19
- Category: AUTO SALES
- Source: Europe Auto News
OSLO -- Booming sales of Tesla's Model 3 meant that 45 percent of all cars sold in the first half of the year in Norway were electric.
View full storyAUTO SALES: Volkswagen says 50% of China sales will be NEVs by 2035
- Date: 02-07-19
- Category: AUTO SALES
- Source: Reuters
BEIJING (Reuters) - By 2035 half of Volkswagen’s sales in China will be new energy vehicles (NEVs), CEO Herbert Diess told a conference in Boao, China, on Tuesday, according to a company statement.
View full storyAUTO SALES: China's Vehicle Sales Picked Up After Stimulus, Ministry Says
- Date: 02-07-19
- Category: AUTO SALES
- Source: Bloomberg
China’s vehicle sales picked up last month after provincial governments announced stimulus plans of their own to revive demand in the world’s biggest automobile market, the commerce ministry said.
View full storyAUTO SALES: China extends tax incentives as NEV sales dip
- Date: 02-07-19
- Category: AUTO SALES
- Source: Just Auto
The Chinese government announced this week that it will keep in place tax exemptions on new-energy vehicles (NEVs) until the end of 2020, according to local reports.
View full storyAUTO SALES: Strong SUV, truck demand drive U.S. auto sales higher in June
- Date: 02-07-19
- Category: AUTO SALES
- Source: Reuters
(Reuters) - Automakers including Fiat Chrysler Automobiles NV (FCAU.N) (FCHA.MI) and Hyundai Motor Co (005380.KS) on Tuesday reported a rise in U.S. sales for June, lifted by strong demand for sport utility vehicles and trucks. Automakers have focused on selling the more profitable larger SUVs and trucks and had offered heavy discounts of up to 30% or more on their most popular models in June amid a slowdown in the broader market.
View full storySOUTH AFRICA: Unions remain sceptical as SA Govt. plans to unplug Eskom from its debt quandary
- Date: 02-07-19
- Category: SOUTH AFRICA
- Source: Mining MX
Drastic action is needed at Eskom. The five-fold increase in the power utility’s tariffs over the past decade is a symptom of a deep and rapidly worsening problem. It cannot sell enough electricity to cover its spiralling costs of debt...
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