Volkswagen plans to sell electric Tesla rival for less than $23,000: source

FRANKFURT (Reuters) – Volkswagen (VOWG_p.DE) intends to sell electric cars for less than 20,000 euros ($22,836) and protect German jobs by converting three factories to make the Tesla (TSLA.O) rival, a source familiar with the plans said. FILE PHOTO – A Volkswagen logo is pictured at the International Auto Show in Mexico City, Mexico November… Continue reading Volkswagen plans to sell electric Tesla rival for less than $23,000: source

UPDATE 1-VW plans to sell electric Tesla rival for less than $23,000 -source

FRANKFURT (Reuters) – Volkswagen (VOWG_p.DE) intends to sell electric cars for less than 20,000 euros ($22,836) and protect German jobs by converting three factories to make the Tesla (TSLA.O) rival, a source familiar with the plans said. FILE PHOTO – A Volkswagen logo is pictured at the International Auto Show in Mexico City, Mexico November… Continue reading UPDATE 1-VW plans to sell electric Tesla rival for less than $23,000 -source

VW plans Tesla rival electric car for less than 20,000 euros: source

FILE PHOTO – A Volkswagen logo is pictured at the International Auto Show in Mexico City, Mexico November 23, 2017. REUTERS/Henry Romero FRANKFURT (Reuters) – Volkswagen (VOWG_p.DE) will offer a Tesla-rivalling electric car costing below 20,000 euros ($22,836) and convert three of its factories into electric car plants as part of a far-reaching overhaul, a… Continue reading VW plans Tesla rival electric car for less than 20,000 euros: source

VW denies report it has offered to fully cover costs of diesel hardware retrofits

Volkswagen logos are pictured during the media day of the Salao do Automovel International Auto Show in Sao Paulo, Brazil November 6, 2018. REUTERS/Paulo Whitaker BERLIN (Reuters) – A spokesman for Volkswagen (VOWG_p.DE) on Thursday denied a media report that said the carmaker was prepared to fully cover the costs of diesel hardware retrofits, which… Continue reading VW denies report it has offered to fully cover costs of diesel hardware retrofits

Daimler, VW willing to cover full cost of diesel hardware retrofits: report

FILE PHOTO: The Daimler is seen during a press conference on the second press day of the Paris auto show, in Paris, France, October 3, 2018. REUTERS/Regis Duvignau/File Photo BERLIN (Reuters) – German carmakers Daimler (DAIGn.DE) and Volkswagen (VOWG_p.DE) are prepared to fully cover the costs of diesel hardware retrofits, which would come in at… Continue reading Daimler, VW willing to cover full cost of diesel hardware retrofits: report

Renault plants to build new vans for Nissan, Mitsubishi

An employee works on the production and quality control line of the Renault Kangoo car at the Renault Maubeuge Construction Automobile factory in Maubeuge, France, November 8, 2018. REUTERS/Philippe Wojazer MAUBEUGE, France (Reuters) – France’s Renault (RENA.PA) said it will build new Nissan and Mitsubishi vans at its domestic plants, raising investment in the country… Continue reading Renault plants to build new vans for Nissan, Mitsubishi

Mazda to keep prioritising driving performance over fuel economy – CEO

TOKYO, Nov 8 (Reuters) – Mazda Motor Corp will continue focusing on driving performance over fuel economy, its chief executive said, even as the Japanese automaker follows bigger rivals in bringing more electric vehicles (EVs) to the market over the coming decade. As bigger rivals such as Nissan Motor Co plan to roll out more… Continue reading Mazda to keep prioritising driving performance over fuel economy – CEO

Robyn Denholm to replace Elon Musk as Tesla chair – CNBC

Nov 8 (Reuters) – Robyn Denholm will replace Elon Musk as chair of Tesla Inc, CNBC reported on Thursday. Denholm will leave her role as CFO and head of strategy of Telstra once her six-month notice period with the Australian telecommunications company is complete, CNBC reported cnb.cx/2D9GAUD. Tesla and Telstra did not immediately respond to… Continue reading Robyn Denholm to replace Elon Musk as Tesla chair – CNBC

Self-driving car industry needs standards and security: executives

BERLIN (Reuters) – Automakers need standards for key equipment, a wide-reaching 5G broadband network and strong partnerships to make self-driving cars and electric vehicles a success, top European car industry executives said on Wednesday. FILE PHOTO – Ralf Speth, CEO of Jaguar Land Rover delivers a keynote speech at their ‘Tech Fest’ in London, September… Continue reading Self-driving car industry needs standards and security: executives

UPDATE 1-BMW to decide ‘in coming weeks’ on building more SUVs in China -CFO

A BMW i4 of the German luxury carmaker is seen during the company’s annual news conference in Munich, Germany, March 21, 2018. REUTERS/Michael Dalder FRANKFURT (Reuters) – BMW (BMWG.DE) is considering building more SUVs in China as tariffs between the United States and China are expected to dent the German automaker’s 2018 earnings by 300… Continue reading UPDATE 1-BMW to decide ‘in coming weeks’ on building more SUVs in China -CFO