Diesel’s reputation took another blow amid revelations that Germany’s auto industry sponsored tests that exposed humans as well as monkeys to the fuel’s exhaust fumes, which can cause respiratory illness and cancer. The study, supported by a little-known group founded by Volkswagen AG, Daimler AG and BMW AG in 2007, had 25 people breathe in… Continue reading German Carmakers Take Another Hit With Diesel Testing on Humans
Category: News Type
Opel Continues Export Offensive
Opel Continues Export Offensive 2018-01-29 New importers for Morocco and Tunisia announced Sales growth outside Europe at the core of PACE! plan Rüsselsheim. Opel is systematically continuing its export offensive. The company has successfully signed agreements with renowned sales partners for the fast-growing Moroccan market as well as Tunisia. The new setup will strengthen Opel’s… Continue reading Opel Continues Export Offensive
DriveNow will be owned by BMW alone
BMW buys the partner Sixt their shares in the joint car sharing provider DriveNow from. The move could pave the way for a possible merger of BMW and Daimler car sharing services. Getty Images DriveNow Mini Monday, 29.01.2018 14:41 clock The car-sharing service DriveNow should in the future belong to BMW alone. The car rental… Continue reading DriveNow will be owned by BMW alone
Didi Chuxing aims to be smart transportation provider
Cheng Wei, founder and CEO of Didi Chuxing, gave a speech at a smart transportation summit held in Beijing on Jan 25, 2018. [Photo provided to chinadaily.com.cn] Chinese ride-hailing juggernaut Didi Chuxing is now targeting AI and smart transportation innovation, as part of its broader efforts to build a comprehensive mobility platform as well as… Continue reading Didi Chuxing aims to be smart transportation provider
Honeywell Reports Strong Fourth Quarter And 2017 Results, Raises 2018 Guidance To Reflect Lower Tax Rate
• Exceeded Fourth-Quarter Earnings Per Share Guidance on Stronger Margins• Fourth-Quarter Reported Sales Up 9%; Organic Sales Up 6%, Driven by Strength in Aerospace Aftermarket, UOP, Advanced Materials, and Intelligrated• Segment Margin Expansion Driven by Strong Top-Line Growth, Productivity, and Repositioning Benefits• Fourth-Quarter Operating Cash Flow of $2.2B; Free Cash Flow of $1.8B, Conversion of… Continue reading Honeywell Reports Strong Fourth Quarter And 2017 Results, Raises 2018 Guidance To Reflect Lower Tax Rate
Alibaba, Foxconn invest $350m in Chinese electric car startup Xiaopeng
January 29, 2018 Chinese e-commerce giant Alibaba Group Holding Ltd. and Foxconn Technology Group led a new fundraising round by electric carmaker Xiaopeng Motors, investing 2.2 billion yuan ($350 million) in the startup as a push toward battery-powered vehicles intensifies. The latest funding puts the total investment in Xiaopeng at 5 billion yuan, according to… Continue reading Alibaba, Foxconn invest $350m in Chinese electric car startup Xiaopeng
Welcome Veoneer
Mon, Jan 29, 2018 08:30 CET (Stockholm, Sweden, January 29, 2018) – Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, today announced that the new electronics spin-off company will be named Veoneer. In December 2017, Autoliv’s Board of Directors decided to continue with the spin-off of its Electronics business… Continue reading Welcome Veoneer
Monkeys in the exhaust gas test: People were also exposed to exhaust gas tests
All articles and backgrounds 01/29/2018 Monkeys in the exhaust test People were also exposed to emissions tests DPA Diesel exhaust on the VW Golf 7 It should be in the exhaust scandal Diesel pollutant tests not only with monkeysbut also with people. This emerges from a report by the association EUGT, reported on the “Stuttgarter… Continue reading Monkeys in the exhaust gas test: People were also exposed to exhaust gas tests
Alibaba, Foxconn, IDG Lead $348M Investment In Chinese Smart Car Maker Xiaopeng Motors
Chinese electric vehicle maker Xiaopeng Motors has raised RMB2.2 billion (US$348 million) in a series B round led by Alibaba Group Holding Ltd., IDG Capital and Taiwanese electronics manufacturer Hon Hai Precision Industry Co., Ltd., also known as Foxconn. Jack Ma-backed Yunfeng Capital, Apoletto Asia, CICC, and existing investors GGV Capital, Matrix Partners China and Morningside Venture… Continue reading Alibaba, Foxconn, IDG Lead $348M Investment In Chinese Smart Car Maker Xiaopeng Motors
Opel will export cars to Morocco and Tunisia – L’Usine Auto
“We see good opportunities for us,” says Michael Lohscheller, chairman of the board of directors.Opel, about the prospects of the brand in Africa. Now in the lap of PSA Peugeot CitroënOpel plans to start exporting cars to Tunisia and Morocco from its European plants, says Michael Lohscheller in an interview that will be published Monday,… Continue reading Opel will export cars to Morocco and Tunisia – L’Usine Auto