BEIJING (Reuters) – Tesla Inc has signed an agreement with the Shanghai government for an 860,000 square meter plot of land to build its first overseas Gigafactory, the electric carmaker said in a Chinese social media post on Wednesday. FILE PHOTO: A Tesla logo is seen in Los Angeles, California U.S. January 12, 2018. REUTERS/Lucy… Continue reading UPDATE 1-Tesla secures Shanghai site for China Gigafactory
Author: Ritters US Newsfeed
VW targets online sales, over-the-air updates in new contract with European dealers
FRANKFURT (Reuters) – Volkswagen (VOWG_p.DE) will overhaul its dealership and sales organization by April 2020 to enable online sales and over-the-air software updates for its new electric cars, the German automaker said on Tuesday. FILE PHOTO: The logo of Volkswagen is seen at their plant in Wolfsburg, Germany, April 12, 2018. REUTERS/Fabian Bimmer/File Photo “Online… Continue reading VW targets online sales, over-the-air updates in new contract with European dealers
Musk says Tesla owners who ordered full self-driving version to get chip upgrade
(Reuters) – Tesla Inc (TSLA.O) Chief Executive Officer Elon Musk said a new chip that improves autopilot features would be available six months in advance to people who ordered the full self-driving version of the electric cars. A Tesla electric car supercharger station is seen in Los Angeles, California, U.S. August 2, 2018. REUTERS/Lucy Nicholson… Continue reading Musk says Tesla owners who ordered full self-driving version to get chip upgrade
Daimler, BMW offer concessions to ease EU concerns on car-sharing deal
BRUSSELS (Reuters) – German luxury carmakers Daimler (DAIGn.DE) and BMW (BMWG.DE) have offered concessions to address EU antitrust concerns about their plan to combine their car-sharing businesses, the European Commission said on Tuesday. FILE PHOTO: The BMW logo is seen on the second press day of the Paris auto show, in Paris, France, October 3,… Continue reading Daimler, BMW offer concessions to ease EU concerns on car-sharing deal
German carmakers have 50:50 chance of facing Detroit’s fate, VW says
FRANKFURT (Reuters) – German carmakers only have a 50 percent chance of surviving as leading players in the auto industry unless they transform their businesses to meet new regulations and adapt supply chains, Volkswagen’s (VOWG_p.DE) chief executive said on Tuesday. FILE PHOTO: Mechanic staff work on the production line of Volkswagen e-Golf in the Glaeserne… Continue reading German carmakers have 50:50 chance of facing Detroit’s fate, VW says
Volvo warns some vehicle engines may exceed emission limits
STOCKHOLM (Reuters) – Sweden’s Volvo (VOLVb.ST) said on Tuesday an emissions control component used in its vehicles was degrading more quickly than expected, which could cause engines to exceed emission limits for nitrogen oxides, sending its stock down sharply. The logo of Volvo is seen on the front grill of a Volvo truck in a… Continue reading Volvo warns some vehicle engines may exceed emission limits
VW CEO says German carmakers have only 50 percent chance of staying ahead
FRANKFURT (Reuters) – Germany’s carmakers only have a 50 percent chance of surviving as leading players in the auto industry unless they transform to meet new regulations and adapt their supply chains, Volkswagen (VOWG_p.DE) Chief Executive Herbert Diess said on Tuesday. FILE PHOTO: Herbert Diess, Volkswagen’s new CEO, speaks during the Volkswagen Group’s annual general… Continue reading VW CEO says German carmakers have only 50 percent chance of staying ahead
UPDATE 4-Around 100,000 Opel vehicles to be recalled in diesel probe – ministry
FRANKFURT (Reuters) – Germany’s Transport Ministry said on Monday it would order roughly 100,000 Opel vehicles to be recalled as part of an emissions probe, after prosecutors searched the carmaker’s offices earlier in the day. FILE PHOTO: An Opel logo is pictured in Ruesselsheim, Germany July 4, 2018. REUTERS/Ralph Orlowski/File Photo German motor vehicle authority… Continue reading UPDATE 4-Around 100,000 Opel vehicles to be recalled in diesel probe – ministry
UPDATE 2-Sweden’s Northvolt lands BMW deal in boost before fund raising
STOCKHOLM (Reuters) – Sweden’s Northvolt has secured a partnership with German carmaker BMW (BMWG.DE) and is seeking more funds from the European Investment Bank (EIB) to help its plans to build Europe’s largest battery factory. The BMW logo is seen on the second press day of the Paris auto show, in Paris, France, October 3,… Continue reading UPDATE 2-Sweden’s Northvolt lands BMW deal in boost before fund raising
Around 100,000 Opel vehicles to be recalled in diesel probe – ministry
FRANKFURT (Reuters) – Germany’s Transport Ministry said on Monday it would order roughly 100,000 Opel vehicles to be recalled as part of an emissions probe, after prosecutors searched the carmaker’s offices earlier in the day. FILE PHOTO: An Opel logo is pictured in Ruesselsheim, Germany July 4, 2018. REUTERS/Ralph Orlowski/File Photo German motor vehicle authority… Continue reading Around 100,000 Opel vehicles to be recalled in diesel probe – ministry