News of cars

Auto industry takes leap forward after stagnant decade

11-04-2023 16:43 New survey from ADEFA car manufacturers association shows a volume of production not registered since October 2013 – more than 61,000 vehicles in a month.

by Gabriela Maidana

ENERGY

Stellantis buys into Argentina copper in race for battery metals

27-02-2023 14:21 Stellantis NV is buying into a firm run by mining entrepreneur Rob McEwen, potentially giving the automaker access to a giant copper deposit in Argentina as the race for metals used in electric vehicles heats up.

LITHIUM MINING

Rio battles high-bidding carmakers in hunt for lithium deals

22-02-2023 12:12 Rio Tinto Group, one of the world’s most profitable companies, faces a tough battle to grow its lithium business, with some of the biggest carmakers seeming to be willing to outbid it for a “very expensive” price.

LABOUR TENSIONS

Strike paralyses tyre production, forces closure of car plants

26-09-2022 21:55 A strike by workers demanding higher wages has brought tyre production and activity at two major car factories in Argentina to a complete halt.

Bloomberg

The trouble with lithium

01-06-2022 13:43 Lithium, the wonder metal at the heart of the global shift to electric cars, is in a full-blown crisis. Demand has outstripped supply, pushing prices up almost 500% in a year and hindering the world’s most successful effort yet to halt global warming.

CRIME & SECURITY

Brazil bank robbers strap hostages to cars during deadly raid

31-08-2021 14:32 Heavily armed gangsters strapped hostages to their getaway cars after robbing two banks in Brazil, in a rampage that left three people dead, police and reports said Monday.

ECONOMIC INDICATORS

Vehicle production revs up in Argentina

06-07-2021 23:05 A total of 193,580 vehicles were manufactured in Argentina in the first half of the year – 123.9 percent more than in the same period last year.