Remove Automobile Manufacturer Remove Industry Remove Spain
article thumbnail

Motor vehicle taxation brings in €440.4B for governments in major European markets

Green Car Congress

New data shows that motor vehicles generate more than €440 billion in taxation per year for national governments in the major EU markets plus the UK, the European Automobile Manufacturers’ Association (ACEA) reports. This just goes to show the sheer scale of the importance of the automobile industry to Europe.

Motoring 284
article thumbnail

Stellantis & Leapmotor joint venture gets approval from Chinese regulator

Teslarati

Tesla’s China deals concerns chair of US Congressional Committee In a statement to Reuters , Leapmotor shared that its first EV model for the overseas market will be launched for sale in Germany, France, Italy, and Spain. Stellantis appears to be strengthening its ties in China’s automotive industry lately.

Chinese 106
article thumbnail

VW emblem will leave lineup, shake up manufacturing to spice up profits

Baua Electric

Automobile manufacturing for the VW emblem, the industrial cars trade, Seat, Cupra and Skoda will likely be extra intently aligned for potency, Monetary Officer Arno Antlitz posted on LinkedIn on Wednesday. The web page at one level used to be on the right track to create 1 million automobiles.

article thumbnail

EU new-car market suffers worst performance in over two years

Baua Electric

The latest data from the European Automobile Manufacturers Association ( ACEA ) shows that every powertrain endured a double-digit decline in the month. Italy also posted a sharp decline of 13.4%, while volumes in Spain decreased 6.5%, the country’s first drop since March. Meanwhile, Italy and Spain were up 3.8%

article thumbnail

Definitive tariffs on BEVs made in China approved in EU vote

Baua Electric

What does this mean for Europe’s automotive industry and what comes next? Reaction to tariff vote Reacting to news of the vote, the European Automobile Manufacturers’ Association ( ACEA ), reaffirmed the need for free and fair trade. Autovista24 editor Tom Geggus explores the outcomes.

China 52
article thumbnail

JATO: global vehicle sales fall by 39% in March; electrified vehicles up to 17.4% new registration market share in Europe

Green Car Congress

The outbreak of COVID-19 has already impacted the automotive industry significantly, according to JATO Dynamics, a leading provider of global automotive data and insight. The industry is being impacted largely by the uncertainty for the future, and this issue started to arise even before the pandemic took hold. million units.

Europe 261
article thumbnail

ACEA study finds cost still strong deterrent for EV uptake across Europe; calls for “realistic” targets recognizing affordability

Green Car Congress

A new study by the European Automobile Manufacturers’ Association (ACEA) finds that the affordability of electric cars remains a strong deterrent for customers across the EU, along with lack of infrastructure and lack of investment in infrastructure. and Spain 0.6%). By contrast, an ECV market share of above 1.8%