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EV recharging

European EV/Plug-in Hybrid Share Triples in Q2

COVID-19 has wreaked havoc on the European Union’s auto industry. Year-over-year sales were off 49% in the region during the second quarter and continued to fall, albeit at a lesser rate, in July and August.

But it wasn’t all bad news. In fact, deliveries of electric vehicles and plug-in hybrids (PHEVs) are up considerably from 2019 levels.

Electrified Models Charge Ahead

During the second quarter, registrations of electrically chargeable vehicles jumped 53% from the previous year, according to the industry trade group ACEA. As a result, the combined market share of such vehicles tripled to 7.2% of the market for the period.

The bulk of the gain came from PHEVs, which saw a 134% hike to more than 66,000 units in April-June. Deliveries of full EVs were up nearly 13% to ...READ MORE

Mahle, Inc.
U.S. Car Sales Continue to Recover

New-car deliveries in the U.S. climbed in August to 1.3 million units, this year’s second-largest monthly volume to date.

That’s the good news from LMC Automotive. The market analysis firm predicts continued month-by-month gains through the rest of 2020, starting with sales of 1.7 million units in September.

Surprise

“The U.S. market has surprised on the upside,” says Jeff Schuster, head of global vehicle forecasts.

LMC now expects full-year U.S. sales in 2020 will reach 13.9 million units. That’s 1 million more than the company predicted in April during the depths of the COVID-19 pandemic.

Still, the revised forecast is 18% below the 17.1 million vehicles sold in 2019. August sales trailed the same month last year by 19%. And the September forecast is ...READ MORE

AutoBeat
VW to Revive Takeover Bid for Navistar

Volkswagen Group’s Traton heavy-truck unit is ready to renew efforts to buy Navistar International for roughly $2.9 billion.

Acquisition talks were suspended earlier this year as the COVID-19 pandemic spread. But Navistar Chairman Troy Clarke said in June that Traton’s offer was still “on the table.”

U.S. Foothold

VW created Traton by combining its own commercial truck operations with its acquisitions of Germany’s MAN and Sweden’s Scania. The affiliate went public last summer.

Sources confirm to Bloomberg News that Traton is preparing to resume talks. The company considers Navistar and its dealer network an attractive way to establish an ability to compete with Daimler and Volvo Trucks in the American market.

VW acquired 16.7% of Navistar in 2016 ...READ MORE

AutoBeat
Acura Debuts 3-Chamber Passenger Airbag

Honda’s Acura luxury division is introducing a new airbag system to better protect front-seat passengers during offset front-impact accidents.

The industry-first technology, which Honda co-developed with Autoliv, will debut this autumn on the redesigned TLX midsize sedan. In addition to future Honda-Acura models, the partners plan to market the system to other carmakers.

How it Works

The next-generation airbag features three inflated compartments—a center chamber flanked by two side units—rather than a single compartment used in current airbags.

The design creates a wider base across the dashboard. A new “sail panel” that stretches between the side chambers helps catch an occupant’s head, then pulls the side panels in to cradle the head to help ...READ MORE

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