Loans for used cars give banks a break

In the midst of the shortage of new cars due to the lack of semiconductors throughout the world, Mexican users have not been left wanting to change vehicles and have opted for used cars, so that financing, particularly from banks, has turned to that segment. According to data from the National Banking and Securities Commission […]

Economy, trade & finance: Renault is more confident

Renault had made a record loss of 8 billion euros in the Corona crisis in 2020. The pandemic exacerbated existing home-made problems – de Meo had started to get the French returns back on track. The increasing car prices on the market are accommodating the car manufacturer, de Meo expects further price increases. The lack […]

Workers in the automotive industry are facing mass redundancies, replaced by experts

The study evaluated three scenarios for the development of the automotive industry, which should lead to the achievement of the Green Deal goals. Among them is the European Commission’s current approach based solely on electric vehicles proposed in the Fit for 55 package, a scenario of a radical increase in the number of electric cars […]

This is how it works with car rental

car temptation Parts without hurry: Before you rent out your own car privately, both parties should clarify how they can avoid possible pitfalls. Photo: Christin Klose / dpa-tmn (Photo: dpa) After an accident, however, the vehicle’s third-party liability insurance usually pays for damage caused by third parties. “If you have fully comprehensive insurance, it regulates […]

Skoda Auto may have other production problems. Because of magnesium

Carmakers usually do not buy large volumes of magnesium themselves, but parts manufacturers who supply key components to automakers are heavily dependent on magnesium. Magnesium is used in the automotive industry either alone or in combination with aluminum to reduce the weight of cars. Producing lighter cars is an important prerequisite, especially in a situation […]

Musk lets Twitter users oblige him to sell shares

AUSTIN Tesla boss Elon Musk has had Twitter users oblige him to sell a tenth of his stake in the electric car manufacturer for higher tax payments. In a Twitter poll initiated by Musk, 57.9 percent of the votes were in favor of selling shares. The package would currently be worth more than $ 20 […]

The worse situation in the auto industry has a negative impact on the entire economy

car industry 36 percent of the companies rate their situation as good, 26 percent as bad. (Photo: dpa) Berlin The German Chamber of Commerce and Industry (DIHK) sees the deteriorating situation in the auto industry as a significant burden for Germany as a business location. “The automotive industry with its many service providers and suppliers […]

The Impact of Scarcity of Chips, Volkswagen Factory Returns to the 50s

Suara.com – The world’s largest automotive factory belongs to Volkswagen, recorded a decline in production in 2021 as a result of the shortage of semiconductor chip supply problems. Sources at Volkswagen say the Wolfsburg plant has produced just 300,000 vehicles so far this year and that is the lowest production figure since 1958. In fact, […]

The Impact of Scarcity of Chips, Volkswagen Factory Returns to the 50s

Suara.com – The world’s largest automotive factory belongs to Volkswagen, recorded a decline in production in 2021 as a result of the shortage of semiconductor chip supply problems. Sources at Volkswagen say the Wolfsburg plant has produced just 300,000 vehicles so far this year and that is the lowest production figure since 1958. In fact, […]