LG Accelerates Its Electric Vehicle Charger Solutions Business

June 27, 2022 LG Accelerates Its Electric Vehicle Charger Solutions Business Open share list Share this content. LG Acquires AppleMango Together with GS Energy and GS Neotek,Securing Advanced EV Charger Development Capabilities SEOUL, June 27, 2022 — LG Electronics (LG) today announced it has acquired South Korean electric vehicle (EV) charger solutions provider, AppleMango Co.,… Continue reading LG Accelerates Its Electric Vehicle Charger Solutions Business

German Handelsblatt: Luxury strategy: too unprofitable, too European: Mercedes wants to take the A class out of the range004542

A-class sedan from Mercedes-Benz From the middle of the decade, the group will no longer build the model series. (Photo: Daimler AG) For decades, size was what counted most at Mercedes-Benz. The dream of the “Welt AG” with Chrysler burst abruptly, but the brand with the three-pointed star was later able to console itself by… Continue reading German Handelsblatt: Luxury strategy: too unprofitable, too European: Mercedes wants to take the A class out of the range004542

German Handelsblatt: Luxury strategy: Too unprofitable, too European: Mercedes wants to take the A class out of the range004541

For decades, size was what counted most at Mercedes-Benz. The dream of the “Welt AG” with Chrysler burst abruptly, but the brand with the star was later able to console itself by selling more cars than arch-rival BMW. In order to permanently dominate the premium league, Mercedes expanded its model range to more than 40… Continue reading German Handelsblatt: Luxury strategy: Too unprofitable, too European: Mercedes wants to take the A class out of the range004541

German Handelsblatt: Luxury strategy: Too unprofitable, too European: Mercedes wants to take the A class out of the range004538

For decades, size was what counted most at Mercedes-Benz. The dream of the “Welt AG” with Chrysler burst abruptly, but the brand with the star was later able to console itself by selling more cars than arch-rival BMW. In order to permanently dominate the premium league, Mercedes expanded its model range to more than 40… Continue reading German Handelsblatt: Luxury strategy: Too unprofitable, too European: Mercedes wants to take the A class out of the range004538

Chinese firm Aiways plans 2023 UK launch with U5 SUV

Chinese firm Aiways aims to start selling cars in the UK and other right-hand- drive markets in 2023. Founded in 2017 by Fu Qiang (a former sales chief at Volvo) and Gary Gu, it now has a factory in Shanghai with an annual capacity of 300,000 units, plus its own research and development centre and… Continue reading Chinese firm Aiways plans 2023 UK launch with U5 SUV

GST compensation cess on luxury items extended

(File photo) NEW DELHI: The central government has extended the validity of compensation cess levied along with the GST on luxury and “sin” goods such as cars and tobacco by nearly four years to raise funds for the additional borrowings undertaken during Covid-19 pandemic to compensate states for their “revenue loss”. The cess is due… Continue reading GST compensation cess on luxury items extended