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AUTO SALES: China: Extending subsidies may not reverse EV decline

  • Date: 16-04-20
  • Category: AUTO SALES
  • Source: Auto News

SHANGHAI -- Beijing, aiming to help the electrified-vehicle sector pull through the coronavirus outbreak, last month extended subsidies for full-electric vehicles and plug-in hybrids for two more years.

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AUTO SALES: Passenger car registrations: -25.6% first quarter of 2020; -55.1% in March

  • Date: 16-04-20
  • Category: AUTO SALES
  • Source: ACEA

In March 2020, the EU passenger car market recorded a dramatic drop (-55.1%) in registrations of new vehicles as a result of the COVID-19 outbreak. With containment / lockdown measures taking hold in most markets from around the middle of the month, the vast majority of European dealerships were closed during the second half of March. Consequently, demand across the region fell by more than half last month, dropping from 1,264,569 units registered in March 2019 to 567,308 units.

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AUTO PRODUCTION: Corona crisis: Guidelines for re-launch of EU auto industry

Brussels, 16 April 2020 – As Europe is grappling with the health, social and economic impacts of COVID-19, the European Automobile Manufacturers’ Association (ACEA) has set out four guiding principles for a successful re-launch of the auto industry, which will be vital to the wider economic recovery of the continent.

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AUTO SALES: Fuel types of new vans: diesel 92.8%, electric 1.2%, alternative fuels 1.3% market share in 2019

  • Date: 15-04-20
  • Category: AUTO SALES
  • Source: ACEA

Brussels, 15 April 2020 – Overall in 2019, 92.8% of all new light commercial vehicles registered in the European Union ran on diesel, while petrol accounted for 4.4% of van registrations. Electrically‐chargeable vehicles (ECV) made up 1.2% of total new van sales across the region, and all alternatively‐powered vehicles (APV) together held a combined market share of 2.8% last year.

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PGM PRODUCERS: Impala Platinum putting workers’ lives at risk - Amcu

The Association of Mineworkers and Construction Union (Amcu) has warned mine owners not to pressure government into allowing them to restart operations amid the coronavirus lockdown.

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GOLD: Johannesburg gold shares surge as rand gold price eases through historic R1m/kg mark

  • Date: 15-04-20
  • Category: GOLD
  • Source: Mining MX

Shares in Johannesburg’s gold stocks surged on Tuesday as the rand gold price breached R1m per kilogram for the first time in history. But the best share price moves were for companies with mines outside of South Africa which is currently in lockdown. AngloGold Ashanti moved through R400 per share – the first time ever; Gold Fields went to its highest level in more than five years.

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LITHIUM: Tianqi looks to sell stake in world’s largest lithium mine

  • Date: 15-04-20
  • Category: LITHIUM
  • Source: FT

China’s Tianqi Lithium is looking to sell part of its majority stake in the world’s largest lithium mine as it struggles to pay back debt racked up in an aggressive global expansion. The Shenzhen-listed company is courting bidders for some of its 51 per cent holding in Talison Lithium, which owns the Greenbushes mine in Western Australia, according to two people familiar with the company.

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AUTO SALES: China sales fall 43% in March; industry sees 2nd-half recovery

  • Date: 14-04-20
  • Category: AUTO SALES
  • Source: Auto News

BEIJING -- Auto sales in China plunged 43 percent in March, data released on Friday showed, as the world's biggest light-vehicle market struggles to get into gear following a prolonged demand slump that has been exacerbated by the coronavirus outbreak.

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