German Handelsblatt: Automaker: Right on the first day: New VW boss takes two managers from the group board005041

Oliver Blume Internally, the future VW boss was one of the declared opponents of a greatly enlarged group board from the start. (Photo: Reuters) Under the new CEO Oliver Blume, the entire Volkswagen Group is to become faster and more efficient. That applies all the more to the board of directors, which Blume will reduce… Continue reading German Handelsblatt: Automaker: Right on the first day: New VW boss takes two managers from the group board005041

SsangYong Motor rehabilitation plan approved

Auto major Mahindra & Mahindra (M&M) in a regulatory filing has informed that the interested parties of SsangYong Motor Company (SYMC), including itself as a shareholder and unsecured creditor of the company have approved a rehabilitation plan prepared by the receiver.  M&M said that rehabilitation plan reflects the investment agreement between the KG consortium and SYMC pursuant to which the… Continue reading SsangYong Motor rehabilitation plan approved

BPCL to invest Rs 2,000 cr to set up fast charging infrastructure

Bharat Petroleum Corporation (BPCL) has said that it will put up fast charging facilities at 200 major highway corridors across the country by the end of current financial year (FY23). A senior executive informed Autocar Professional that a capex of about Rs 200 crore has been allocated for the purpose and which will be utilised to fund 2000 EV charging stations. … Continue reading BPCL to invest Rs 2,000 cr to set up fast charging infrastructure

Blue Origin Taps OROS for Advanced Thermal Materials in Space

OROS Insulation Tech will Allow Human Cells to Remain at Desired Temperatures Longer PORTLAND, Ore., Aug. 30, 2022 /PRNewswire/ — OROS, a leading next-gen thermal materials business, has provided Blue Origin superior insulation technology that will support vital science being carried on the aerospace company’s latest mission, scheduled to launch August 31. Batteries used to… Continue reading Blue Origin Taps OROS for Advanced Thermal Materials in Space

ABF Freight to Host Long Beach-area Hiring Event

ArcBest LTL carrier offering hiring bonuses for full-time city drivers  FORT SMITH, Ark. , Aug. 31, 2022 /PRNewswire/ — ArcBest® (NASDAQ: ARCB), a leader in supply chain logistics, announced today that its less-than-truckload carrier, ABF Freight®, will host a hiring event in the Long Beach area on September 7, seeking candidates for full-time city drivers. The company… Continue reading ABF Freight to Host Long Beach-area Hiring Event

QUESTIONS ABOUT TAX CREDITS WHEN BUYING AN EV VEHICLE? Simple & clear guidelines for the EV Tax credit changes summarized in a short video

CINCINNATI, Aug. 31, 2022 /PRNewswire/ — David Wyler, President of the Jeff Wyler Automotive Family, is working aggressively to help consumers best understand the complex changes with EV tax credits after the Inflation Reduction Act was signed this month. “We are working hard to be optimally prepared in both selling and servicing EV vehicles in… Continue reading QUESTIONS ABOUT TAX CREDITS WHEN BUYING AN EV VEHICLE? Simple & clear guidelines for the EV Tax credit changes summarized in a short video

German Handelsblatt: Alternative drives: hydrogen in the tank: BMW is planning with the fuel cell005040

Produktion von Brennstoffzellensystemen für BMW Die Münchener stellen zunächst 100 Testfahrzeuge mit Brennstoffzellen her – planen aber deutlich größer. (Foto: dpa) Der BMW-Konzern sieht gute Chancen für die Einführung der Brennstoffzelle. „Wir prüfen ein richtiges Serienangebot, je früher desto besser“, sagte Konzernchef Oliver Zipse am Mittwoch in München. Mit Wasserstoff betankte Autos seien neben Batterieantrieben „das… Continue reading German Handelsblatt: Alternative drives: hydrogen in the tank: BMW is planning with the fuel cell005040