Category: News Type

@Daimler: Daimler plans separation

Intention to split Daimler’s industrial businesses and establish two independent pure-play companies Spin-off and separate listing of Daimler Truck planned Significant majority stake to be distributed to current Daimler shareholders Intention to rename Daimler as Mercedes-Benz at the appropriate time Mercedes-Benz will be the world’s pre-eminent luxury car business, committed to leading in electric drive… Continue reading @Daimler: Daimler plans separation

@GM: General Motors Statement Regarding Production Impacts at CAMI, San Luis Potosi and Fairfax Assembly Plants February 3, 2021

General Motors Statement Regarding Production Impacts at CAMI, San Luis Potosi and Fairfax Assembly Plants “Semiconductor supply for the global auto industry remains very fluid. Our supply chain organization is working closely with our supply base to find solutions for our suppliers’ semiconductor requirements and to mitigate impacts on GM. Despite our mitigation efforts, the… Continue reading @GM: General Motors Statement Regarding Production Impacts at CAMI, San Luis Potosi and Fairfax Assembly Plants February 3, 2021

Panasonic plans to deploy Tesla 4680 battery cell production later this year

Panasonic confirmed that it plans to set up Tesla 4680 battery cell production at GIgafactory Nevada later this year. They expect higher revenue from the Tesla partnership. Tesla’s call for higher battery production When Tesla unveiled its plan to produce its own new tabless battery cell in a bigger format with a new chemistry using its own… Continue reading Panasonic plans to deploy Tesla 4680 battery cell production later this year

Tesla updates Model Y timeline in Europe, hints at Gigafactory Berlin to start production ‘mid-2021’

Tesla has updated its Model Y delivery timeline in Europe – hinting that Gigafactory Berlin will start production in “mid-2021.” Tesla Model Y in Europe With Model Y, Tesla has taken a completely different approach to rolling out the vehicle in new markets. Previously, the automaker would start production of a new vehicle at the… Continue reading Tesla updates Model Y timeline in Europe, hints at Gigafactory Berlin to start production ‘mid-2021’

@Toyota: Toyota Shares Messages of Hope, Strength, and Social Responsibility in Big Game

60-second and five-second spots highlight company’s belief in Respect for People PLANO, Texas (February 3, 2021) – Toyota Motor North America (TMNA) returns to advertise in the Big Game with a 60-second ad that shares an uplifting message of hope and strength, as well as a five-second “billboard” that encourages people to think about the… Continue reading @Toyota: Toyota Shares Messages of Hope, Strength, and Social Responsibility in Big Game

@Toyota: GT86 Has Left the Showroom: Toyota’s Sports Car King Bids Farewell

Toyota has sold its last GT86 in the UK, setting the seal on almost nine years of unadulterated driving fun. The remarkable coupe has been the pathfinder for the company’s worldwide renaissance as a maker of pure-bred sports cars, blazing a trail for today’s GR Supra and GR Yaris – and for future models that… Continue reading @Toyota: GT86 Has Left the Showroom: Toyota’s Sports Car King Bids Farewell

China’s FAW considers acquiring BMW partner Brilliance in $7.2 billion deal: Sources

Under plans currently being discussed, FAW would first purchase 30.43% of Brilliance owned by Huachen and 11.89% owned by the state-controlled Liaoning Provincial Transportation Investment Group, said the sources. FAW Group is looking at acquiring Brilliance China Automotive Holdings Ltd, BMW‘s main Chinese partner, in deals that may cost it some $7.2 billion and then… Continue reading China’s FAW considers acquiring BMW partner Brilliance in $7.2 billion deal: Sources