Tag: automotive news data center

May sales up 13%, but remain well below pre-pandemic numbers

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May marked just the second month of this year in which sales were up over 2021 totals, which were higher than 2022 totals in all but November and December of last year. DAC said that historically, May was more often than not the strongest sales month of the year over the previous decade. It took the sales crown eight times between 2010 and 2019. “The last three years have seen very different sales patterns, however, with the first the pandemic and then the semiconductor shortage, meaning that the traditional spring selling season failed to materialize,” the consultancy said in a…
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The UK expects a deal on EU ‘rules of origin’ for EVs

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The UK and the European Union will “soon” announce a solution on post-Brexit trading rules that automakers warn could lead to factory closures, Business and Trade Secretary Kemi Badenoch said. “This is not a UK problem, it is an EU-UK problem. It works both ways,” Badenoch told Bloomberg on Tuesday on the sidelines of the Qatar Economic Forum in Doha. “We should see an answer soon.” Stellantis this month warned that British car plants would close with the loss of thousands of jobs if the issue was not addressed. Ford called for post-Brexit EU trade requirements on rules of origin…
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Construction of Stellantis EV battery module plant remains at stand still

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Ford said May 19 that his government would offer more support. “I will confirm we’re putting more money on the table,” he said after an unrelated announcement in St. Catharines, Ont. “This is all about saving jobs and giving people the quality of life they deserve in southwestern Ontario.” The premier wouldn’t provide details on the additional amount of funding the province is prepared to provide. A Stellantis spokesperson on May 23 said the company has “no new comments or statements at this time.” “Construction remains stopped for the module building.” The plant, expected to employ 2,500 people and slated…
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