Compared to the previous light vehicle production forecast, almost 1.5 million fewer vehicles are forecast to be produced in 2021, which translates to a growth of 11.7% over 2020. Another 1 million more cars are now forecast to be produced in 2022 followed by a 700,000-unit increase in 2023. These v...

Unveiling a roadmap to make Europe the world’s first climate neutral continent by 2050, the European Commission rolled out the ‘Fit for 55’ package on 14 July 2021, proposing that the suggestions made by the governing body be made legally binding for all members of the European Union (EU). ...