Amborghini doesn’t just make supercars, it invented them.It’s an insane sounding technological long shot, but this technology could dramatically change the world of high performance cars — if this team of university scientists and auto company engineers can figure it out.Lamborghini’s sister brand Volkswagen — both companies are owned by the Volkswagen Group (VLKAF) — recently set a lap record for an electric car on Germany’s challenging Nurburgring race track with its ID.R electric race car.
Author: World_Newz Mon
Vietnam Punishes Volkswagen for Car With Disputed China Map
Vietnam will fine Volkswagen AG’s local distributor and an importer for showcasing a car with a navigation app reflecting Chinese territorial claims rejected by Hanoi.
German carmaker Audi to ramp up engine output in Hungary in 2020 -minister
BUDAPEST, Nov 4 (Reuters) – German premium carmaker Audi will ramp up engine output to 2.25 million units next year at its Hungarian factory, up from 1.95 million produced in 2018, Hungarian Foreign Minister Peter Szijjarto said on Monday.
Clever mobility app to become FREE NOW, be part of international group launched by Daimler and BMW
Clever’s transformation into FREE NOW will allow Romanian passengers to use a single app to find either a taxi or an alternative transport solution in Romania and over 100 cities in 9 European countries: Germany, UK, Ireland, Spain, Portugal, Italy, Poland, Austria and Sweden.Drivers will be able to increase their income through the multimodal service platform that connects them both with Romanian passengers and with foreign passengers coming to Romania for tourism or business purposes.
Toyota looks to transform from car maker to ‘mobility business’ in bid to stay relevant
Toyota looks to transform from car maker to ‘mobility business’ in bid to stay relevant The Telegraph | Nov 4, 2019 at 6:00 AM As Japan’s largest car-maker, Toyota has a heavy responsibility to stand out at the Tokyo motor show.
Peugeot Harnessed Family Ties to Woo Fiat After Renault Snub
Late in May, John Elkann was back in Paris. The city had become a frequent destination for the scion of the Italian Fiat clan as he worked to get a combination with Renault SA over the line. But days before announcing the deal, Elkann walked into the apartment in the affluent 16th district of an unusual dinner companion: Robert Peugeot, a descendant of the namesake carmaker and Renault arch rival.
Mazda braces for 30% FY profit drop on falling car sales in US, China: Nikkei
Mazda Motor Corp is facing a drop in annual profit of about 30 per cent as the Japanese automaker struggles with falling sales in the United States and China, its biggest markets, the Nikkei newspaper reported on Friday.The updated forecast would be almost half the automaker’s previous profit forecast of 110 billion yen.Demand for Mazda vehicles including the Mazda3 sedan and the CX-5 SUV crossover has slumped since the company posted record annual sales of about 1.6 million vehicles in the 2018 financial year.
Investors Know Who the Buyer Is in Fiat-Peugeot Merger of Equals
Fiat Chrysler Automobiles NV and PSA Group went out of their way to make their combination as equal as possible, shedding assets, paying special dividends and distributing board seats. It didn’t take long for investors to figure out who the buyer is.
Volkswagen Lowers Sales Outlook
Volkswagen AG lowered its outlook for vehicle deliveries this year on a faster-than-expected decline in auto markets around the world amid economic jitters in Europe and an unprecedented autos slump in China.
Volkswagen introduces electric car in Sub-Saharan Africa for 1st time
KIGALI, Oct. 29 (Xinhua) — German automaker Volkswagen (VW) on Tuesday launched a pilot project of its electric car e-Golf in partnership with German technology giant Siemens in Kigali, capital city of Rwanda, which makes Rwanda the first country in Sub-Saharan Africa where VW introduces an electric car.
VW had in June 2018 launched a car assembling plant in Rwanda together with integrated mobility solutions including application-based car-sharing services. The Rwandan plant has an annual capacity of assembling up to 5,000 cars including Polo, Passat and Teramont, and can create up to 1,000 jobs per year.
The success of VW's pioneering mobility solutions business in Rwanda has shown that the central African country has the potential to leapfrog the internal combustion engines into electric cars, said Thomas Schaefer, Chairman and Managing Director of VW Group South Africa at an official launch of the project.
Rwanda becomes the first African country where Volkswagen is testing el..