Latest Automotive industry regulation News
UK to ban gasoline car sales by 2030 as part of green plan
LONDON (AP) — Britain will ban the sale of new gasoline and diesel cars by 2030, a decade earlier than its previous commitment, the prime minister said Tuesday. Boris Johnson made the pledge as part of plans for a “green industrial revolution” that he claims could create up to 250,000 jobs in...
Volkswagen returns to profit as global auto markets recover
FRANKFURT, Germany (AP) — German automaker Volkswagen said Thursday it returned to profit in the third quarter thanks to cost discipline and a rebound in global sales markets led by China after the lifting of the severe restrictions on activity in the early phase of the pandemic. After-tax profit was 2.75...
Fiat Chrysler posts record Q3 profit ahead of PSA merger
MILAN (AP) — Fiat Chrysler on Wednesday reported record third-quarter earnings as production returned to nearly pre-pandemic levels. The Italian-American automaker, which is finalizing its full merger with French rival PSA Peugeot, reported a net profit in the three months ending Sept. 30 of 1.2 billion...
Carmakers FCA and PSA confirm progress toward full merger
MILAN (AP) — Fiat Chrysler and PSA Peugeot on Wednesday confirmed progress toward their full merger to create the globe’s fourth-largest carmaker, with completion expected by the end of March 2021. The merger of the Italian-American car company with its French rival, agreed last year, is aimed at...
Tesla posts net profit for fifth straight quarter
DETROIT (AP) — Tesla charged through a summertime auto industry sales slump in the U.S. to post stronger-than-expected net earnings for the third quarter. The electric car and solar panel maker said Wednesday that it made $331 million, or 27 cents per share, for its fifth-straight profitable quarter....
Campaigners seek vote to make Berlin center largely car-free
BERLIN (AP) — Campaigners in Berlin are launching a drive to collect signatures for a vote on making the heart of the German capital largely car-free. Backers of the plan said Wednesday that banning most cars from the city center would improve quality of life, improve road safety and help Germany achieve...
Jakarta cleans up after violent anti-labor law protests
JAKARTA, Indonesia (AP) — Authorities in Indonesia’s capital on Saturday were cleaning up burned-out cars, government offices and bus shelters that were set ablaze by protesters enraged over a new law they say will cripple labor rights and harm the environment. Protests in many Indonesian cities...
California governor calls for protecting 30% of state land
LOS ANGELES (AP) — Gov. Gavin Newsom signed an executive order Wednesday to protect nearly a third of California’s land and coastal waters in his latest effort to fight climate change that he has blamed for recent record-breaking wildfires. He directed state agencies to pursue actions that will use...
Israelis jam Jerusalem streets over bill to curb protests
JERUSALEM (AP) — Hundreds of Israeli motorists protested in Jerusalem on Tuesday against a proposed measure to curtail public demonstrations during the current nationwide lockdown due to the coronavirus pandemic. A large convoy of cars clogged the streets surrounding the Knesset, Israel's parliament, and...
EPA ridicules California's proposed ban of new gas cars
SACRAMENTO, Calif. (AP) — U.S. Environmental Protection Agency chief Andrew Wheeler on Monday ridiculed California Gov. Gavin Newsom's plan to ban the sale of new gas-powered cars by 2035, saying the proposal raises “significant questions of legality.” Last week, Newsom signed an executive...
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