Automakers are pushing for an extension of the USMCA trade deal to maintain cost efficiencies amid rising shipping fees linked to US-China trade tensions. European regulators plan a new category for affordable small electric vehicles to compete with Chinese brands. Volkswagen is heavily investing in advanced electronic architectures and in-house chip development to support future autonomous driving features. Porsche applies Formula E racing tech to its upcoming Cayenne Electric, notably with innovative motor cooling and regenerative braking systems that outperform competitors. Additionally, Peugeot teases a futuristic concept car featuring steer-by-wire technology.
Topics:usmca trade dealshipping costssmall electric vehiclesvolkswagen chip developmentautonomous driving technologyporsche cayenne electricformula e technologyregenerative brakingpeugeot concept carautomaker earnings
- Automakers Urge Extension of USMCA Trade Deal - Car Shipper Warns of Higher Costs to Automakers - EU Plans to Create New Small Car Category - VW To Develop New In-House Chip - Toyota’s Operating Profit Dinged by Tariffs - BMW Posts Strong Q3 Earnings - Porsche Applies Formula-E Tech to Cayenne Electric - Peugeot Teases New Concept
"...kilowatts, while a more everyday vehicle like the Hyundai Ionic nine generates up to one hundred and fifty kilowa..."
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Speaker 1: This is Autoline Daily, the show dedicated to enthusiasts of the global automotive industry. Automakers are urging the Trump administration
to extend the USMCA free trade deal, which is up for a formal review next year. Most major automakers operating
in North America filed comments with the US Trade Representatives Office, saying the United States Mexico Canada agreement is crucial for their investment decisions. Automakers say the deal helps them to
quote compete globally through regional integration, which delivers efficiency gains.
Those gains account for tens of billions of dollars in annual savings. Automakers are facing higher costs to ship vehicles
to the US. The CEO of Car Carrier, while Lennius
will Helmsen, which operates roll on, roll off or rowrow ships, says automakers could face two to three hundred dollars in additional per vehicle. It's all got to do with higher
than expected US port fees on foreign built ships, which took effect as part of a trade dispute between the US and China. While the US and China reached a
deal last week to not raise shipping fees for the next year, while Lennias says it's not clear if railroad ships are part of that exemption and that's why automakers may face higher costs. Looks like European automakers are getting
their wish granted. In an effort to boost car sales
and better compete with Chinese automakers. Europe is planning on
creating a new category of small electric vehicles. That plan
could come out next month and is expected to create a new category between quadricycles, which weigh a few hundred kilograms and all other vehicles. Models in this new category
won't have to be equipped with as much safety equipment and technology as larger cars, which automakers had complained made them too expensive. The EU says the goal is to
bring vehicles priced between fifteen thousand to twenty thousand euros to the market. Volkswagen software division Carriad failed at developing
an electronic architecture on its own, which is why the company has plans to pour nearly six billion dollars into Rivian and as part of the reason it's pouring roughly fourteen billion dollars into vehicle development for the Chinese market.
Some of that fourteen billion dollars went to a new R and D center, which has helped VW shortened product launch cycles by over thirty percent and optimize costs by forty percent. Another two point seven billion went towards forming
a new joint venture between Horizon Robotics and carread called Carrizon.
It's already developed a new electronic architecture, including advanced driver assistance functions that will launch on VW's next gen models for the Chinese market in twenty twenty six, But in the next three to five years the company plans on launching level three and above hands free driving systems. So
it's investing another two hundred million dollars into carries On to develop its own in house chips, which we'll be able to support those functions plus much more. In more
technical terms, each chip will have the computing power of five to seven hundred tops.
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Speaker 1: More automakers are reporting their quarterly earnings. Let's take a
look at Toyota first. The automakers sold nearly two point
four million vehicles, up about three percent compared to a year ago. That brought in eighty four billion dollars in
revenue and eight percent gain. However, Toyota's operating profit tumbled
twenty seven percent to five point seven billion dollars due to tariffs and unfavorable foreign exchange rates, but thanks to one time gains, its net profit sold sixty two percent to six point five three billion dollars. Toyota says it's
sticking with its full year sales forecast of nine point eight million vehicles, which would be about a five percent improvement over last year. BMW also had a strong quarter.
The automakers sold more than five hundred and eighty eight thousand vehicles, including mini and Rolls Royce, which was up nearly nine percent compared to a year ago, but its revenue dips slightly to thirty two billion euros. BMW's EBIT
was up thirty three percent to two point three billion, and its net profits skyrocketed by more than two hundred and fifty percent to one point seven billion euros, and despite terrace and increased global competition, BMW says it's on track to meet its full year targets. Porsche is sharing
a couple of great examples of how what it learns on the racetrack can be applied to its regular passenger vehicles.
It's currently the reigning world champion in Formula E and took nohow from its nine nine X racecar, like direct motor cooling and regenerative braking, and put that into the new Cayena Electric which is supposed to come out in the middle of next year. While I know things like
direct motor cooling and regenitive braking are nothing new, the grueling conditions of a racetrack can really help you to optimize for efficiency and performance. Instead of having coolant flow
through a water jacket around the state or like most conventional ev motors, Porsche put grooves in the stater so the coolant flows directly over the copper conductors. It says
its motor would need to be one and a half times bigger to cool it properly the conventional way, and I think what Porsche's doing with regenative braking is even more impressive. It says it's able to generate up to
six hundred kilowatts when slowing down. That's more than any
public fast charger can put out outside of China. I
only did a quick search, but I couldn't find any other automaker that's even close to six hundred kilowatts. The
Shaumi SU seven Ultra was the closest I could find at four hundred kilowatts, while a more everyday vehicle like the Hyundai Ionic nine generates up to one hundred and fifty kilowatts during regeneritive breaking. Pougeo unveiled its vision of
the future with a concept car it calls the Polygon.
While this is the only picture it showed off ahead of its full reveal on November twelfth, it says we can expect a unique interior space and new tech like a full steer by wire system that brings us to the end of today's show. Thanks for making autoline a
part of your day.
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