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AUTO PRODUCTION: Incentives and postponing CO2 goals will help industry out of virus crisis, lobby group boss says

TURIN -- New-car sales have plunged in Europe as the coronavirus wreaks havoc with demand and governments likely will have to offer big incentives to boost demand when normality resumes. The pandemic is also causing supply chain disruption that will likely affect European automaker's plans to roll out electrified models that they need to hit tough EU CO2 reduction targets.

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COVID-19: COVID-19 uncertainty: how long until a clearer view emerges?

  • Date: 19-03-20
  • Category: COVID-19
  • Source: LMC Auto

In a conversation with a colleague recently, he remarked that the violent stock market gyrations of recent days were probably worsened by the fact that there seems to be no clear reference point on which a plausible outlook can be based. How long will the lockdowns be needed? Which sectors will be impacted? How hard? It is therefore impossible for investors to know how to value anything. This sounds correct.

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AUTO SALES: Passenger car registrations: -7.4% first two months of 2020; -7.4% in February

  • Date: 18-03-20
  • Category: AUTO SALES
  • Source: ACEA

In February 2020, the EU passenger car market contracted by 7.4% to 957,052 units registered. This decline was the result of a combination of factors, including changes to vehicle taxation in various EU member states (which brought registrations forward to December 2019), weakening global economic conditions and consumer uncertainty. Germany recorded the most significant drop (-10.8%), followed by Italy (-8.8%), Spain (-6.0%) and France (-2.7%).

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EMISSIONS: FADA asks for BSVI deadline extension to May 31

  • Date: 18-03-20
  • Category: EMISSIONS
  • Source: Overdrive

The ongoing spread of the COVID-19 disease and the measures the government has announced to contain its spread has hit auto dealers looking to clear BSVI inventory hard. The Federation of Automobile Dealers Associations (FADA) has now appealed to the Supreme Court to consider extending the deadline for implementation of BSVI standards to May 31. The dealer body had made a similar appeal in February but the Court had turned it down then. The current cut-off date for sale of BSIV vehicles is April

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HYDROGEN: Miners collaborate on green hydrogen

  • Date: 18-03-20
  • Category: HYDROGEN
  • Source: Mining Magazine

Anglo American, BHP, Fortescue and Hatch have formed a Green Hydrogen Consortium to look at ways of using green hydrogen to accelerate decarbonisation within their operations globally.

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PGM PRODUCERS: RBPlats accepts delayed payment terms for BRPM concentrate

  • Date: 18-03-20
  • Category: PGM PRODUCERS
  • Source: Royal Bafokeng Platinum

Security holders are referred to the announcement made by RBPlat on the Stock Exchange News Service on Tuesday, 10 March 2020 in which it notified security holders of the force majeure event claimed (the event) by Anglo American Platinum Limited (Amplats) under the Disposal of Concentrate Agreement (DOCA) between Royal Bafokeng Resources Proprietary Limited (RBR), a wholly owned subsidiary of RBPlat, and Rustenburg Platinum Mines Limited (RPM), a wholly owned subsidiary of Amplats.

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AUTO PRODUCTION: Geely could give Europe's automakers a lesson in beating coronavirus

The European auto industry is in a dark place right now after the coronavirus forced the temporary closure of many factories. In China, however, life is returning to some sort of normality and the steps taken by Geely to get back on its feet give us a look at how that might be achieved for European automakers.

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SOUTH AFRICA: Minerals Council OF South Africa response to Covid-19

  • Date: 18-03-20
  • Category: SOUTH AFRICA
  • Source: Minerals Council

Johannesburg, 18 March 2020: The Minerals Council South Africa yesterday held a special board meeting on the COVID-19 challenges facing the mining industry, with a view to further developing strategies and responses to minimise the virus’s impact on the industry and its employees. Minerals Council CEO, Roger Baxter, notes that: “The mining industry’s preparedness plans are very far advanced, based on established risk-management principles, and are currently being implemented and amended as this

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