Stellantis wants to see Citroën double the 15% of sales currently made in non-European countries. China isn't (yet) talked about in this regard, the emphasis being on the CC21 project for India and Brazil.
Automakers increasingly looking down their supply chains to hit sustainability goals.
Toyota is cautiously moving towards EVs yet a big chunk of today's profits come from ICE-powered models sold in the US. What will power the next generation of SUVs and pick-ups then?
Ford poaches a top executive in what is seen as a blow to Apple's auto ambitions.
August was not a good month for the global vehicle market.
Sector ranking (out of 18)
| Sector | Stocks growth |
|---|---|
| 1) Automotive | +89.7% |
| 2) Technology | +68.4% |
| 3) Mining | +66.7% |
| 4) Apparel | +66.0% |
| 5) Healthcare | +40.2% |
| 6) Packaging | +39.5% |
| 7) Retail | +35.1% |
| 8) Medical | +34.5% |
| 9) Pharma | +24.3% |
| 10) Banking & Payments | +19.9% |
Dacia focuses on "essential equipment", Renault officials said.
Allison will pay around US$27m in cash.
Aftertreatment solution reduces NOx emissions.
Two seasoned manufacturing chiefs are swapping roles.
Auto industry is emerging as a relatively strong performer in the pandemic recovery.
Engie will provide energy solutions across 100-plus Faurecia sites worldwide by mid-2022.
More solar power for Tata's assembly plant complex.
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