The second quarter turned out to be a bad one for the automotive industry: The overall profit of the 16 largest automobile groups fell by 18 %. Only four of these 16 OEMs were able to increase their sales compared to the previous year.
China is the largest e-car market in the world in terms of unit numbers. However, it’s a much smaller country that leads in terms of market share. Germany is in the mid-table of the major markets but is catching up.
Thanks to demand from the automotive industry, Mexican light metal casting has grown strongly in recent years. Nowadays, national foundrymen produce around 1.6 million tons of various products. Now the production has to be modernized in order to meet customer demands.
Toyota plans to generate electricity and hydrogen from biological waste and is building a fuel cell power plant in the megawatt range. The plant is called "Tri-Gen" and will be built in Long Beach, California.