Hints and tips:
...“This has been a big theme this year in auto; everyone has had to step back from the euphoria”....
...While it has a credit card loan book of $137bn, it also has issued a significant volume of auto and commercial loans....
...Beyond the auto world, Diess had become best known for a series of public blunders....
...Good morning and welcome to Europe Express....
...It recently proposed an effective ban on new gasoline or diesel-powered cars from 2035....
...He points out that electric buses cost twice as much upfront as diesel....
...Electric carmakers there such as Li Auto, Nio and Xpeng are seeing big share price rises as well, although rebounding sales have also helped. 4....
...Car executives were quick to express their dismay....
...The company, in which the Finnish state still has a 36 per cent stake, is now the world's largest producer of renewable diesel....
...I would like to express my sincere gratitude for his great personal commitment. I have complete respect and understanding for his decision and for his further plans.”...
...The European carmaker will launch 40 locally-produced vehicles in China, Jochem Heizmann told reporters at the Guangzhou Auto Show....
...China has been pushing for low emissions vehicles and is planning an eventual ban on all petrol and diesel vehicles by 2040....
...“The idea is to express good dress sense through detail but not through style. You do not want to take that sort of risk,” a French colleague explains....
...Another indicator will be margins and sales in Europe, where the auto-market is recovering....
...Most cars sold in Europe also have diesel engines, which cannot be driven in China....
...Whether it’s bottom-numbing sessions of Grand Theft Auto or a quick train-journey blast of Angry Birds, games are everywhere. “A lot of people now will have some games on their mobile phones....
...The venture would be a successor to the Horizon acquisition vehicle floated last year floated by Mr Osmond who made his name with investments in companies such as restaurant chain Pizza Express, pub group...
...If anything, consumption could surprise to the upside as more companies develop auto-catalysts that use cheaper palladium in the diesel sector, rather than expensive platinum....
...Diesel cars are more popular, with the market share for diesel cars increasing 10 percentage points in the past 18 months, from 20 to more than 30 per cent, with sales expected to make up half of car sales...
...The brand is expanding its diesel offering and developing a full hybrid car....
...each others’ investments into – and announcements about – competing clean-vehicle technologies, but it will be customers who decide on the cars they want, whether it is hybrids, plug-in electric cars, or diesels...
...We are long things China consumes (food, oil) and short those competing in their product markets (US autos, non-China steel production).’...
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