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China's EV sales expected to exceed 35% in 2025, Xpeng CEO says

New energy vehicles (NEV) are expected to make up over 35% of new vehicle sales in China in 2025, He Xiaopeng, the chief executive of electric car maker Xpeng Inc said at the Reuters Events Automotive Summit. ....

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Italy sets aside extra 100 mln euros for low emission car purchases

Italy has set aside an extra 100 million euros ($116 million) to subsidise citizens who want to buy less polluting vehicles this year, Industry Minister Giancarlo Giorgetti said. ....

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Auto output dives in Brazil, Mexico as chip shortages bite

Automotive production in Brazil and Mexico, Latin America's two largest economies, plummeted in September, dragged down by an industry-wide semiconductor chip shortage and railroad blockades in Mexico, data showed on Wednesday. ....

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UK new car sales rise in May after last year's lockdown slump

1 minute read
Parked cars are seen at the Vauxhall plant as the outbreak of the coronavirus disease (COVID-19) continues, in Ellesmere Port, Britain March 16, 2020. REUTERS/Phil Noble/File Photo
British new car registrations rose by around 670% in May compared to the same month last year when showrooms were closed due to lockdown measures, according to preliminary industry data released on Friday.
Dealers reopened their doors to the public on April 12 in England this year but were shut throughout May in 2020.
Volumes stood at roughly 156,000 last month with sales to businesses helping to boost the performance, according to the Society of Motor Manufacturers and Traders (SMMT). The total is below the 183,724 cars recorded in May 2019. ....

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UK new car sales recover in April from last year's lockdown hit

May 5, 20218:39 AM UTC
United KingdomUK new car sales rise over 3,000% from last year s lockdown low
Reuters
2 minute read
Toyota cars at a dealership in West London are pictured as it remains closed during lockdown following the outbreak of the coronavirus disease (COVID-19), London, Britain, May 5, 2020. REUTERS/Toby Melville
British new car sales rose by more than 3,000% in April as the reopening of dealerships to the public in England helped boost figures compared to the same time last year when the first lockdown almost completely wiped out volumes.
Registrations stood at 141,583 vehicles, according to the Society of Motor Manufacturers and Traders (SMMT), up from just 4,321 in April 2020, the lowest level of any month since February 1946 as plants and showrooms shut due to the COVID-19 pandemic. ....

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