Foreign Plants in Trouble in China; EU Sales Fall 18%, EVs Plummet 44% – Autoline Daily 3896

Autoline reports breaking global car news, with great insight and analysis. Also, top auto executive interviews. We cover electric vehicles (EV), autonomous vehicles (AV) and internal combustion engine technology (ICE), as well as car sales & financial earnings and new car reviews.

0:00 U.S. Rate Cut Could Accelerate Car Sales
0:45 EU Sales Fall 18%, EVs Plummet 44%
1:49 ACEA Calls for Immediate Emission Relief
2:20 Stellantis Fails to Sell China Plant Again
3:05 VW Closes China Plant
4:27 Waymo & Hyundai Team Up on AVs
5:19 ZF Turbocharges Fuel Cells, Sorta
6:06 ZF Supplying Ford EV Drives for Big Rigs
6:58 Chinese EV Pickup Truck Headed to Europe
7:38 VW Suspends ID.4 Production in the U.S.

Story Links:
U.S. Rate Cut Could Accelerate Car Sales: https://www.wsj.com/economy/central-banking/big-rate-cut-forces-fed-to-contend-with-new-obstacles-0bc63c6a

EU Sales Fall 18%: https://www.acea.auto/files/Press_release_car_registrations_August-2024.pdf

ACEA Calls for Immediate Emission Relief: https://www.acea.auto/press-release/european-auto-industry-calls-for-urgent-action-as-demand-for-evs-declines/

Stellantis Fails to Sell China Plant Again: https://www.bloomberg.com/news/articles/2024-09-19/auction-for-fiat-chrysler-s-chinese-factory-fails-for-third-time

VW Closes China Plant: https://www.bloomberg.com/news/articles/2024-09-18/vw-and-china-partner-saic-set-to-close-car-plant-as-sales-shrink

Waymo & Hyundai Team Up on AVs: https://www.reuters.com/business/autos-transportation/waymo-talks-with-hyundai-motor-produce-self-driving-taxis-media-report-says-2024-09-19/

ZF Turbocharges Fuel Cells: https://press.zf.com/press/en/releases/release_75904.html

ZF Supplying Ford EV Drives for Big Rigs: https://press.zf.com/press/en/releases/release_75840.html

Chinese EV Pickup Truck Headed to Europe: https://carnewschina.com/2024/09/18/saic-maxus-show-new-mid-large-all-electric-pickup-truck-in-hannover/

VW Suspends ID.4 Production in the U.S.: https://www.autonews.com/regulation-safety/why-vw-issued-2021-24-id4-stop-sale-and-plans-halt-output

Read the transcript here: https://www.autoline.tv/daily/ad-3896-foreign-plants-in-trouble-in-china-eu-sales-fall-18-evs-plummet-44-tesla-drops-43-acea-calls-for-immediate-emission-relief/

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