Major car suppliers in Germany say they are struggling with the high upfront costs of shifting to EVs and “slow demand,” with companies looking to lay off thousands of workers, as much as 20% of total staff in some cases, in the coming years.
BERLIN (Reuters) - Ministers from Germany , France and Britain have written to senior U.S. officials urging them to protect European companies working in Iran from getting caught up in Washington’s new sanctions on the Islamic Republic.
Many countries that are famous vehicle part manufacturers, are not good at car manufacturing however, Iran has the both. Is it necessary to be both a car and part manufacturer?
According to the latest report of International Organization of Automobile Manufacturers, Iran’s global car manufacturing rank raised and it is now in the sixteenth place in the world.
In 1948, the first road-going sports car from Porsche was registered: the 356. Now, 70 years later, the storied German automaker has looked back on its history and announced plans for numerous celebrations across the globe.
Auto industry officials and politicians in Germany have agreed to clean up diesel vehicles through software updates as part of a rescue plan for avoiding diesel bans in cities, industry and government sources said on Friday.