Italy’s EU representation in Brussels took the unusual step of sending detailed voting recommendations to Italian members of the European Parliament earlier this month, asking them to reject a proposed EU ban on petrol and diesel cars.
The Alter Invest company bought out 76.7% of the Sollers Auto, previously owned by the Sollers Group, the automotive company said in a statement.
The German Federal Cartel Office initiated new anti-trust proceedings against US digital giant Google because its mapping application, Google Maps, cannot be combined with other map services.
The EU and India on Friday (17 June) formally relaunched negotiations to forge a free trade agreement.
General Motors Co (NYSE:GM) on Friday raised the price of its Hummer EV pickup truck by $6,250 as it seeks to mitigate higher commodity and shipping costs amid high demand for cars and trucks.
Russian President Vladimir Putin instructed the Cabinet to approve an updated strategy for the development of the domestic auto industry by September 1.
The large-scale downgrading of the emission class for Russian trucks can lead to problems of carriers, President Vladimir Putin said on Thursday at the meeting on development of the automotive industry.
China’s smart electric vehicle (EV) start-up Nio has launched a luxury midsize sport-utility vehicle (SUV) that can go as far as 650 kilometers on a single charge, as it takes the fight to conventional marquees such as BMW and Audi in the world’s largest automotive market, reports the South China Morning Post.
Russian President Vladimir Putin will meet with businessmen on the sidelines of the St. Petersburg International Economic Forum (SPIEF) on Thursday to discuss issues of the development of the automotive sector.
Russia’s course toward openness and wide international cooperation will be the focus of the business program of the 25th St. Petersburg International Economic Forum.