News [3]

BMW and Mercedes reset autonomous drive collaboration
24.June 2020

Following the news that BMW and Mercedes-Benz are putting their autonomous drive technology collaboration on hold; David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view.

VW pays nearly $10M to end proceedings against chairman
21.May 2020

Volkswagen Group has agreed to pay 9 million euros ($9.9 million) in a deal with a German court to end legal proceedings against its chairman and CEO, who were accused of holding back market-moving information on rigged emissions tests.

Auto industry faces sharper downturn
18.May 2020

Even as automotive manufacturers tentatively restart production lines after the COVID-19 crisis disruptions, the global automotive industry faces a hit to the market that will be greater than in the 2007/8 financial crisis, says GlobalData, a data and analytics company.

Benzina wants to double the number of stations in Slovakia
11.May 2020

Benzina plans to continue the investment in expanding and developing its Slovak network also this year. The leader of the Czech market ended last year with ten filling stations in Slovakia, and it plans to double their number this year.

Porsche extends warranty due to the corona crisis
4.May 2020

Porsche is extending the new car warranty by a further three months for all cars with a new car warranty expiring between 1 March 2020 and 31 May 2020. This measure is free of charge for customers and is valid worldwide.

PSA says demand to fall sharply
22.April 2020

PSA Group warned of sharp fall in demand for autos this year due to the coronavirus crisis after posting a 15.6 percent drop in first-quarter revenue.

Global auto output could fall by 20% in 2020
21.April 2020

Global light vehicle production is now expected to fall more than 20 percent to around 71 million units in 2020 as a result of the COVID-19 pandemic and ensuing recession, a top automotive forecaster said Monday.

VW Group sales fell 23% in first quarter
20.April 2020

Volkswagen Group’s global vehicle sales fell 23 percent to 2 million in the first quarter. In March alone, sales were down 38 percent overall at 623,000 vehicles, reflecting the coronavirus crisis.

Hungary’s auto industry plans gradual restart of production
15.April 2020

Automakers are restarting production at their factories in Hungary gradually after weeks of shutdown to stem the spread of the novel coronavirus. Hungary’s economy is heavily dependent on the vehicle manufacturing sector, which all but halted production last month when the pandemic began to spread in the central European country.

SEAT Martorell: from making cars to ventilators
1.April 2020

The SEAT Leon line at the Martorell plant starts to produce automated ventilators to collaborate with the healthcare system in the midst of the COVID-19 crisis. Going from producing cars to ventilators in record time is the result of the intense work of many SEAT employees. The project is still in development phase and the ventilators are waiting the final homologation.

Fiat’s European plants will remain closed
30.March 2020

Fiat Chrysler Automobiles has extended production stoppages at its plants in Europe by at least one more week. The automaker’s factories in Italy will remain closed until April 3 to contain the coronavirus pandemic. Originally the plants were due to resume production on March 27

VW extends production halt in Germany
27.March 2020

Volkswagen Group will extend stops to production in Germany as it deals with fallout from the coronavirus outbreak. VW said that it was responding to weakening demand and supply chain disruptions.