Automotive Industry

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Automotive Industry

A division of manufacturing that produces, builds, and sells motor vehicles. As driving became more common in the early and mid-20th century, the automotive industry expanded significantly. In the early 21st century, it continued to expand in South America, China, India, and other newly developed countries, though it has stagnated in older markets like the United States and Japan. Most automobiles operate on an internal combustion engine, the use of which has become increasingly controversial because of concerns about emissions.

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The carmaker will invest about Pound 165 million in Trnava.

PSA will produce electric cars in Trnava, PSA CEO confirmed

China's upcoming regulations have also spurred many other foreign carmakers to ramp up plans for e-car production.

Nissan, Dongfeng to invest heavily in e-cars in China

All of which means Facebook will remain brand neutral when it comes to carmaker alliances.

Facebook wants to get on-board a car

Meanwhile, logistical issues dogged carmakers rushing to bring out new models.

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TWO Midland carmakers have secured Chinese investment as part of a series of business announcements during the state visit by China's president to London.

Carmakers secure PS50m China deals

The President LG Chem Kwon Young-soo revealed, "With this deal, we have secured more than half of China's top 10 carmakers as clients.

China,Korea Republic of : CHERY AUTOMOBILE to power its electric vehicles with LG CHEM

The Jiangsu pricing bureau said the German carmaker had violated anti-monopoly law, damaging fair market competition and harming consumer rights.

China fines Mercedes $56.5m for price fixing

With ever increasing levels of sophistication in car infotainment systems and self-driving technologies, carmakers have access to vast amounts of data which is often personal to the users.

Connected cars may be cool, but pose a threat to privacy of users

Volkswagen has set its sights on becoming the world's biggest carmaker by then.

Volkswagen plans $7bn North America investment

Ajmani is part of a growing section of rich Indians carmakers are targeting with compact luxury cars that offer the bragging rights, but at a lower price.

Driving A Bargain

Previously, newspaper Liberation cited unnamed sources as saying that the French state could take part in a capital hike at the carmaker if needed, but only as a last resort plan.