PGM News: 09/04/2018

DIESEL: Peugeot CEO outlines plan to defend brand against diesel decline

Peugeot had record global sales last year of more than 2 million units and nearly half of the volume came from Europe, where the PSA Group brand grew by 7 percent in an overall market that rose by 3.3 percent. The man leading the way is Jean-Philippe Imparato, who has overseen the successful launches of the 3008 and 5008 crossovers since being named CEO of the Peugeot brand in September 2016. Imparato told Automotive News Europe Correspondent Peter Sigal how he plans to maintain Peugeot's momentum despite challenges such as slumping diesel sales in Europe.

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Source: http://europe.autonews.com

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DIESEL: Dirty diesels heading East - New evidence on exports of 2nd hand dirty diesels in Bulgaria

Bulgaria is a notable example, with some of the worst pollution in Europe causing over 13,0002 premature deaths annually. The country is already infringed by the European Commission for failure to reach the 2010 emission limits for carcinogenic particles.

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Source: https://www.eea.europa.eu

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ELECTRIC VEHICLES: Moody’s Japan says push for electrified vehicles poses credit challenges for key Japanese sectors

Moody’s Japan K.K. saysthat the push toward alternative-fuel vehicles—battery electric vehicles, hybrids, plug-in hybrids and fuel-cell vehicles—poses a credit challenge for multiple sectors in Japan, with the large auto sector and sectors such as steel and refining most affected.

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Source: http://www.greencarcongress.com

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EMISSIONS: Volume brands losing ground in race to meet tougher CO2 rules

Mass-market automakers lost more ground in CO2 emissions last year than did premium brands, a worrisome trend with less than two years before tougher European pollution standards start to go into effect.

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Source: http://europe.autonews.com

*The promotion of any news article on our website does not constitute an endorsement, nor does the content necessarily represent our view.