Industry

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  Toyota brings production of new hybrid transaxle to the U.S.

  Toyota West Virginia has started producing the OEM's fifth-generation hybrid transaxle, a key component of Toyota's electrification strategy, according to a news release.

  Evgenii Ushakov

  July 29, 2024, 4:07 p.m.
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  Mitsubishi seeks to join the alliance of Nissan and Honda

  Honda, Nissan, and Mitsubishi will join forces to compete with the other giants of the automobile industry.

  Evgenii Ushakov

  July 29, 2024, 3:49 p.m.
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  Used car prices soar in USA because new cars are too expensive

  You'll pay 60 percent more for a 10-year-old car today compared to 2014.

  Evgenii Ushakov

  July 29, 2024, 2:26 p.m.
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  Mazda has registered a new logo, check it out

  The good news is that the new logo isn't much different from the old one, so it shouldn't be hard to recognize.

  Evgenii Ushakov

  July 29, 2024, 1:06 p.m.
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  Stellantis threatens to cut off car brands that don't make any money

  Some analysts suggest Maserati might be a target for sale by Stellantis, while other brands like Lancia or DS could be at risk of being discontinued due to their minimal impact on the group's overall sales.

  Evgenii Ushakov

  July 29, 2024, 12:47 p.m.
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  Volvo reconsiders full electrification due to EV sales slump in key markets like US and China

  Volvo CEO Jim Rowan reaffirmed his commitment to electric vehicles (EVs) but acknowledged the challenge of achieving global electrification.

  Evgenii Ushakov

  July 29, 2024, 9:18 a.m.
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  Europe's largest battery manufacturer may switch to static storage due to weak electric vehicle demand

  LG Energy Solution’s Poland plant is considering shifting to building static storage units due to disappointing demand for its EV batteries.

  Evgenii Ushakov

  July 26, 2024, 11:46 a.m.
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  Despite issuing a recall for the 1.0-liter EcoBoost engine, Ford is still facing a lawsuit

  Ford continues to face a lawsuit over its 1.0-liter EcoBoost engine despite issuing a recall. The plaintiffs' council is now consulting more Ford owners with the same engine.

  Evgenii Ushakov

  July 25, 2024, 5:27 p.m.
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  New all-electric Renault Twingo to be produced in Slovenia

  While the development of this small, budget-friendly EV involves collaboration with an as-yet-unnamed Chinese partner, its production will be based in Europe.

  Evgenii Ushakov

  July 25, 2024, 2:40 p.m.
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  Ferrari Extends Cryptocurrency Payment System to Europe After US Launch

  Ferrari announced on Wednesday that it is expanding its cryptocurrency payment system to European dealers by the end of this month. The luxury car manufacturer first launched this payment method in the United States last year and plans to extend it to other international dealers by the end of 2024.

  Evgenii Ushakov

  July 25, 2024, 9:35 a.m.
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  Toyota launches heavy-duty hydrogen fuel cell truck test program with Coca-Cola and Air Liquide

  Toyota has initiated testing of a new hydrogen-powered truck in collaboration with Coca-Cola, integrating the vehicle into the beverage company's supply chain operations.

  Evgenii Ushakov

  July 24, 2024, 5:38 p.m.
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  Production of several Porsche models delayed by flooding at aluminum supplier

  Porsche has issued a profit warning due to production delays caused by flooding at an aluminum supplier in central Europe. The disruption is expected to impact the production of several models and lower the company's profit margins and revenues below this year's forecasts.

  Evgenii Ushakov

  July 24, 2024, 12:51 p.m.
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  Chinese brand Zeekr considers producing cars in Europe to avoid high tariffs

  According to a Bloomberg report, Zeekr is considering producing its models in Europe, potentially using existing Volvo Cars AB plants.

  Evgenii Ushakov

  July 24, 2024, 11:24 a.m.
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  Parts supplier Forvia to work with BYD's new factory in Hungary as an extension of their current partnership in Asia

  The world's seventh-largest car parts supplier, Forvia, announced it will extend its partnership with Chinese battery specialist and car maker BYD to Europe. This collaboration will see both companies operating together in BYD's new factory in Hungary, building on their existing partnership in Asia.

  Evgenii Ushakov

  July 23, 2024, 3:38 p.m.
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  Porsche scales back 80% EV goal by 2030

  Porsche is reevaluating its ambitious electric vehicle (EV) targets. Initially aiming for EVs to constitute 80% of its sales by 2030, the company is now less certain about reaching this goal. In a statement to Reuters, Porsche clarified that meeting this target depends on customer demand and the broader development of electromobility.

  Evgenii Ushakov

  July 23, 2024, 11:17 a.m.
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  Dacia Sandero named Europe's best-selling car, beating Tesla Model Y

  In the first half of 2024, the Dacia Sandero has claimed the top spot as Europe’s best-selling car, with Tesla Model Y's sales seeing a significant drop.

  Evgenii Ushakov

  July 23, 2024, 9:06 a.m.
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  VW and Xpeng introduce joint architecture for more electric models in China

  VW and Xpeng extend their technical cooperation agreement for an E/E architecture. From 2026, this will not only be integrated into VW's China-specific CMP electric car platform, but also into all VW brand models based on the global MEB platform for the Chinese market.

  Evgenii Ushakov

  July 22, 2024, 1:24 p.m.
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  These automakers have the best and worst websites, according to car buyers

  J.D. Power’s 2024 U.S. Manufacturer Evaluation Study surveyed car buyers and website users, focusing on four factors: information/content, visual appeal, navigation, and speed.

  Evgenii Ushakov

  July 19, 2024, 5:35 p.m.
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  Mercedes-Benz to install 400kW fast EV chargers at Starbucks locations across the United States

  Mercedes-Benz is set to install DC fast chargers at over 100 Starbucks locations across the United States, starting with a 1,400-mile route along Interstate 5 from Washington to California. These chargers are part of a significant investment by the German automaker.

  Evgenii Ushakov

  July 19, 2024, 12:01 p.m.
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  Ford will build Super Duty trucks in Canada in shift from EV plan

  Ford Motor announced plans to repurpose its Canadian Oakville Assembly plant, originally slated for future electric vehicle (EV) production, to build larger, gasoline-powered F-Series pickup trucks.

  Evgenii Ushakov

  July 18, 2024, 4:43 p.m.