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AUTO PRODUCTION: VW does not expect China slowdown to disrupt its global supply chain

FRANKFURT - Volkswagen Group does not expect supply bottlenecks from China to disrupt the its global production network, a senior China manager at the automaker told Reuters on Thursday.

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AUTO SALES: China Car Market Probably Reached Bottom Last Month, Group Says

  • Date: 12-03-20
  • Category: AUTO SALES
  • Source: Bloomberg

Industry to return to ‘normal level’ in third quarter: CAAM. Group calls for policies to support industry hit by virus.

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AUTO PRODUCTION: FCA, Italy's top dealer enact temporary closures under virus pressure

Fiat Chrysler Automobiles said Wednesday it will start implementing temporary closures at some of its Italian plants, and Italy's largest dealer group said it will shut its doors until April 3 to help combat Europe's worst outbreak of the coronavirus.

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ELECTRIC VEHICLES: Work starts on 'electric petrol station' in Essex

Work has started on an electric vehicle charging forecourt that will be able to charge 24 cars at once.

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AUTO SALES: Morgan Stanley Slashes U.S. Auto Sales View Over Virus ‘Shock’

  • Date: 11-03-20
  • Category: AUTO SALES
  • Source: Bloomberg

Morgan Stanley’s auto analyst sliced his estimate for U.S. sales this year, predicting a “demand shock” from consumers delaying big-ticket purchases because of the coronavirus.

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PGM PROJECTS: Implats casts further doubt on $874m Waterberg JV saying it is “treading cautiously”

IMPALA Platinum (Implats) gave its biggest signal yet that it was having second thoughts about investing in the Waterberg Joint Venture, a large palladium resource currently under the development of Platinum Group Metals (PTM).

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AUTO SALES: JATO: electrified vehicles 13% of new car reg in Europe in January 2020; electrified vehicles only growth-driver

  • Date: 10-03-20
  • Category: AUTO SALES
  • Source: Green Car Congress

After a large increase of new vehicle registrations in Europe in December 2019, volumes for January decreased, marking another month of transition for the complex new car market. A total of 1,138,057 new passenger cars were registered in Europe in January 2020, representing a decline of 7.6% from January 2019, according to JATO Dynamics. This steep reduction was in large part caused by the last-minute purchases made in December, due to the impending introduction of the new CO2 emissions regulati

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AUTO SALES: US plug-in electric vehicle sales decline in 2019 due to softer PHEV sales; ~2% of market

  • Date: 10-03-20
  • Category: AUTO SALES
  • Source: Green Car Congress

Following a year of rapid growth in 2018, in which sales nearly doubled from the previous year, sales of plug-in electric vehicles in the US declined in 2019, due to lower sales of plug-in hybrid electric vehicles.

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