Very newest automotive trade information, remark and evaluation from just-auto

Elevated new automotive demand throughout pandemic has US trade optimistic about 2021

7 Jan 2021 | Graeme Roberts

Elevated demand for brand new automobiles throughout the COVID-19 pandemic helped Normal Motors and different automakers start reporting robust fourth quarter US gross sales this week whereas executives voiced optimism the rebound from low gross sales throughout the April-Might manufacturing shutdown would proceed in 2021.

Ken Ramirez to move Central and South America for Hyundai Motor

7 Jan 2021 | Graeme Roberts

Hyundai Motor has named “seasoned auto govt” Ken Ramirez president and CEO of each Hyundai Motor Brazil and Hyundai Motor Central and South America as the corporate continues to strengthen its regional administration group.

Volvo Automobiles to triple electrical manufacturing capability in Ghent

7 Jan 2021 | Graeme Roberts

Volvo Automobiles is tripling electrical automotive manufacturing capability at its plant in Ghent, Belgium, because it prepares to fulfill fast-growing demand for its Recharge line.

Volvo Automobiles reviews file second half gross sales

7 Jan 2021 | Graeme Roberts

Geely’s Volvo Automobiles introduced file second half 2020 gross sales as fast-growing demand for electrified automobiles boosted the corporate’s restoration from the affect of the COVID-19 pandemic.

UK watchdog investigating Nvidia’s $40bn Arm takeover

7 Jan 2021 | Graeme Roberts

Britain’s competitors watchdog has launched an investigation into the US$40bn (GBP29.5bn) takeover of the UK-based chip designer Arm by the US firm Nvidia, media reviews mentioned.

Hyundai to construct hydrogen gasoline cell plant in China

7 Jan 2021 | just-auto.com editorial group

Hyundai Motor plans to start building of a plant in China this yr to fabricate hydrogen gasoline cell methods in anticipation of fast progress in demand, in response to unconfirmed reviews citing native trade sources.

Elke Temme to be VW Parts Charging space head

7 Jan 2021 | Simon Warburton

Elke Temme has taken on administration of the newly-created Charging & Power enterprise space at Volkswagen Group Parts.

CATL to construct 3 new EV battery crops in China

7 Jan 2021 | just-auto.com editorial group

China’s main electrical automobile (EV) battery producer, Up to date Amperex Know-how Co Ltd (CATL), revealed plans to speculate CNY39bn (US$5.9bn) to construct three new crops within the nation to fulfill rising demand, in response to native reviews.

Foxconn to help Byton EV manufacturing

7 Jan 2021 | just-auto.com editorial group

Chinese language electrical automobile startup Byton has signed an settlement with iPhone maker Hon Hai Precision Business Firm which is able to permit it to start industrial automobile manufacturing within the first quarter of 2022.

JK Tyre ties-up with Hyundai Motor India to drive progress within the OEM section

7 Jan 2021 | just-auto plus

Indian tyre trade main and the pioneer of radial tyre expertise within the nation, JK Tyre & Industries Ltd., has turn into an unique…

Maruti Suzuki Subscribe expands vary to incorporate fashionable WagonR, Ignis and S-Cross

7 Jan 2021 | just-auto plus

After the profitable launch of Maruti Suzuki Subscribe in main cities like Delhi-NCR, Bengaluru, Hyderabad, Pune, Mumbai, Chennai and…

Shell invests in Quebec waste to low-carbon fuels plant

7 Jan 2021 | Simon Warburton

Shell is to have a 40% curiosity in Quebec’s first waste to low-carbon fuels plant utilizing expertise developed by Enerkem.

Toyota Kirloskar Motor ushers in new yr with new Fortuner and Legender

7 Jan 2021 | just-auto plus

According to Toyota’s philosophy of creating “Ever- Higher Automobiles”, Toyota Kirloskar Motor (TKM) right this moment launched the brand new Toyota…

$5 million Volkswagen gentle responsibility electrical automobile infrastructure program to open in February

7 Jan 2021 | just-auto plus

The Volkswagen Gentle Responsibility Electrical Car Infrastructure Program, a $5 million statewide program funding electrical automobile infrastructure,…

Kia Stinger will get new design and expertise updates

7 Jan 2021 | just-auto plus

Kia’s high-performance fastback sports activities saloon, the Stinger, now boasts a refreshed design to amplify its gran turismo character and…

Kia pronounces expertise and powertrain upgrades for Ceed line-up for 2021

7 Jan 2021 | just-auto plus

A set of upgrades to the Ceed, Ceed Sportswagon, ProCeed and XCeed have been revealed by Kia for 2021. The in depth vary of medium…

Geely Auto 2020 gross sales attain 1.32 million items

7 Jan 2021 | just-auto plus

Geely Car Holdings Restricted (Geely) has reported that its December 2020 gross sales (together with gross sales of Lynk & Co-branded automobiles bought…

Veoneer estimates 2020 order ebook worth to be US$14bn

7 Jan 2021 | Simon Warburton

Veoneer estimates its present whole order ebook worth for full-year 2020 to be round US$14bn.

Italy not ruling out Stellantis stake – reviews

6 Jan 2021 | Graeme Roberts

Italy might take a stake in Stellantis however any such funding can be made in a consensual approach, deputy financial system minister Antonio Misiani advised an Italian newspaper.

FCA spending $250m to launch 4 Jeeps in India

6 Jan 2021 | Graeme Roberts

Fiat Chrysler Vehicles mentioned it might spend US$250m to develop in India with the launch of 4 new Jeep sport utility automobiles (SUVs) over the following two years.

CNH and FAW revive Iveco talks

6 Jan 2021 | Graeme Roberts

CNH Industrial is once more in talks with FAW over the way forward for truckmaker Iveco, the Italian-American group mentioned after sources had advised Reuters it had revived beforehand aborted negotiations.

Suppliers conclude mobility merger

6 Jan 2021 | Graeme Roberts

Hitachi Automotive Techniques, Keihin, Showa and Nissin Kogyo have concluded administration integration to type Hitachi Astemo, provider of mobility merchandise to the automotive trade.

Australia 2020 gross sales down 14%

6 Jan 2021 | Graeme Roberts

The Federal Chamber of Automotive Industries (FCAI) mentioned Australian new automobile gross sales in 2020 reached 916,968, down 13.7% yr on yr.

Ford and Mahindra finish JV discussions

6 Jan 2021 | Dave Leggett

Ford and Mahindra have mutually decided they won’t full a beforehand introduced automotive three way partnership between their respective firms. 

Ford welcomes UK-Turkey free commerce deal

6 Jan 2021 | Dave Leggett

Ford has welcomed the inking of a free commerce deal between the UK and Turkey – a buying and selling relationship which is especially vital to Ford’s European gentle industrial automobiles (LCVs) enterprise.

Toyota takes full possession of ex-JV Czech plant

6 Jan 2021 | Dave Leggett

Toyota Motor Europe (TME) has taken full possession of the TPCA three way partnership manufacturing plant, based in 2002 by Toyota and Groupe PSA (PSA) in Kolin within the Czech Republic.

Electrify Canada opens two Quebec EV charging stations

6 Jan 2021 | Simon Warburton

Electrify Canada has opened two ultra-fast EV charging stations in Quebec.

Rivian seen near elevating funds at $25bn valuation

6 Jan 2021 | Graeme Roberts

Rivian Automotive, the electrical truck startup backed by Amazon and Ford, is near elevating a brand new spherical of funding valuing it at about US$25bn, in response to Bloomberg sources.

Kia reveals new brand and slogan

6 Jan 2021 | Graeme Roberts

Kia right this moment revealed its new company brand and world model slogan which, it mentioned, “signify the automaker’s daring transformation and all new model objective”.

UK LCV gross sales plunge 20% in 2020

6 Jan 2021 | Graeme Roberts

UK gentle industrial automobile (LCV) registrations ended 2020 down 20.0% yr on yr to 292,657 items.

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