NOVEMBER 14, 2017

Collusion Case Could Cost German Automakers Billions

The commission and the Bundeskartellamt, Germany’s antitrust body, swooped in on BMW’s premises to look for evidence of anticompetitive behavior, both on paper and electronically. Then it was Audi, Daimler and VW’s turn.

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Autoline Daily

Infiniti Reveals New QX80; German Collusion Will Be Costly; Will BEVs Really Catch On?

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IEA Predicts EVs Won't Cause Crash in Global Oil Demand

The International Energy Agency predicts there will be 50 million electric vehicles on the road by 2025, but that is expected to reduce global oil demand by only about 2%, or 2.5 million barrels per day.

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Trucking Groups Decry London Emissions Penalties

London Mayor Sadiq Khan has decided to move up by 17 months the effective date of a regulation imposing daily fines of £100 on owners of commercial diesel vehicles that fail to meet the latest Euro VI emissions standards.

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Study Predicts Global Vehicle Sales to Fall By 2040 As Oil Demand Rises

The study by IHS Markit predicts on-demand ride services such as Uber will drive vehicle sales down, while more than 80% of vehicles sold worldwide in 2040 still will use some form of petroleum-fueled combustion engine.

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Russia Sales Increase for Eighth Straight Month

Industry spokesman Joerg Schreiber says the Russian recovery is robust, with the eight straight months of increases the longest period of uninterrupted growth the car and light-commercial-vehicle market has experienced since 2012.

U.S. Class 8 Sales Still Lag Behind Year-Ago

U.S. big trucks finally catch up to 2016 sales with a 27.0% increase in October.

China Battery Maker CATL Plans IPO to Fund Expansion

CATL, or Contemporary Amperex Technology Co., which plans a $2 billion IPO designed to raise ¥13.1 billion to build two new battery plants, has grown rapidly thanks to the Chinese government's promotion of electric and plug-in hybrid vehicles.

Canada Big Trucks Up 50.4% in October

Despite having one less selling day, Canada big-truck sales soared 50.4% in October.

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