Volvo Backs Off EV-Only Mandate; Auto Industry Has Rough Quarter – Autoline Daily 3857

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 Auto Industry Has Rough Quarter
3:34 Honda Brings E-Clutch Tech to the U.S.
4:37 Honda Cuts Production in China
5:13 Toyota Considers 4-Day Work Week in Japan
6:02 Cariad Can’t Keep Up with China
6:49 Volvo Backs Off EV-Only Mandate
7:51 Volvo to Stop Sharing Vehicle Margins
8:25 SAIC Expects to Ship 1 Million Cars a Year
8:53 Geely Increases Overseas Sales Target

Story Links:
Stellantis H1 Earnings: https://www.stellantis.com/content/dam/stellantis-corporate/investors/events-and-presentations/presentations/Stellantis-H12024-Results-Presentation.pdf

Renault H1 Earnings: https://www.renaultgroup.com/wp-content/uploads/2024/07/20240724_press-release_renault-group_2024-h1-results.pdf

Nissan Q2 Earnings: https://www.nissan-global.com/EN/IR/TSE/ASSETS/2024/PDF/20240725_tse01_e.pdf

Ford Q2 Earnings: https://s201.q4cdn.com/693218008/files/doc_financials/2024/q2/Q2-2024-Ford-Earnings-Press-Release.pdf

Hyundai Q2 Earnings: https://www.bloomberg.com/news/articles/2024-07-25/hyundai-profit-tops-estimates-on-robust-hybrid-vehicle-sales

Honda E-Clutch: https://hondanews.com/en-US/powersports/releases/release-410d07897fdd63d8043cb7275006daf4-cb650r-cbr650r-bring-honda-e-clutch-technology-to-the-us-powersports-market

Honda Cuts China Production: https://www.reuters.com/business/autos-transportation/automaker-honda-slash-gas-cars-production-capacity-china-nikkei-says-2024-07-24/

Toyota Considers 4-Day Work Week: https://www.autonews.com/automakers-suppliers/toyota-wants-end-salaryman-burnout-heres-how

Cariad Can’t Keep Up with China: https://carnewschina.com/2024/07/25/volkswagen-id-4-self-drives-through-beijing-using-horizon-superdrive/

Volvo Backs Off EV-Only Mandate: https://www.autonews.com/automakers-suppliers/volvo-reconsiders-promise-go-all-ev-2030

Volvo to Stop Sharing Vehicle Margins: https://europe.autonews.com/automakers/volvo-will-stop-sharing-sensitive-ev-data

SAIC Receives 2nd Ship: https://autonews.gasgoo.com/china_news/70034030.html

Geely Boosts Overseas Sales: https://autonews.gasgoo.com/china_news/70034036.html

Read the transcript here: https://www.autoline.tv/daily/ad-3857-auto-industry-has-rough-quarter-volvo-backs-off-ev-only-mandate-cariad-cant-keep-up-with-china/

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