Category: Official Press Release

@Daimler: Mercedes-Benz Untertürkheim plant to produce electric powertrain in the future

Stuttgart/Germany. In the transformation process towards electric mobility, Mercedes-Benz Cars is taking another important step into the future. After intensive negotiations, the management and works council of the Mercedes-Benz Untertürkheim plant in Germany have reached an agreement: In the future, the Mercedes-Benz plant in Untertürkheim will manufacture and assemble parts of the electric powertrain (eATS).… Continue reading @Daimler: Mercedes-Benz Untertürkheim plant to produce electric powertrain in the future

USMCA will lead automakers to choose US: Former Ford CEO

The U.S.-Mexico-Canada Agreement (USMCA) could lead to automakers deciding to move production to the United States.Under the USMCA’s rules of origin, 75 percent of auto content must be produced in North America for the finished car to be considered a North American product and therefore be subject to agreement’s tariff exemptions.Current NAFTA rules stipulate that only 50 percent of a car’s value is required to be produced in North America to be subject to the agreement’s free trade protections.

@VW Group: The sound of e-mobility:||ID.3 attracts attention with its own driving sound

As of July 2019 all newly registered electric vehicles must produce an artificial driving sound. Yesterday, the ID.3’s sound design was presented at the DRIVE. Forum in Berlin as part of the Future Sounds event. The almost silent, electric drive offers great potential for brand-specific sound design that not only draws attention to the car,… Continue reading @VW Group: The sound of e-mobility:||ID.3 attracts attention with its own driving sound

@VW Group: ŠKODA KAROQ now also produced in Nizhny Novgorod and as of autumn 2020 in Bratislava

Michael Oeljeklaus, ŠKODA AUTO Board Member for Production and Logistics, stressed, “Since its market launch in October 2017, our compact SUV has delighted customers all over the world. Demand considerably exceeds supply. Thanks to the production network within Volkswagen Group and the collaboration with our contract manufacturer GAZ in Russia, we can now manufacture additional units… Continue reading @VW Group: ŠKODA KAROQ now also produced in Nizhny Novgorod and as of autumn 2020 in Bratislava

@VW Group: ŠKODA AUTO Volkswagen India Private Limited commissions one of India’s largest solar-power rooftop installations

At its Pune factory, ŠKODA AUTO Volkswagen India Private Limited has created a basic prerequisite to be carbon-neutral by 2030. The company’s own photovoltaic system consists of 25,770 highly efficient polycrystalline panels covering the 63,000 m² of roof space on the body shop complex. The installation will generate a total of 12.2 million kWh of… Continue reading @VW Group: ŠKODA AUTO Volkswagen India Private Limited commissions one of India’s largest solar-power rooftop installations

@VW Group: Porsche Studio opens in Taiwan

1. All information offered on Porsche Newsroom, including but not limited to, texts, images, audio and video documents, are subject to copyright or other legislation for the protection of intellectual property. They are intended exclusively for use by journalists as a source for their own media reporting and are not intended for commercial use, in… Continue reading @VW Group: Porsche Studio opens in Taiwan

Lyft: Self-Driving Research in Review: CoRL 2019

By: Peter Ondruska, Head of AV Research; and Guido Zuidhof, Software Engineer Conference on Robot Learning (CoRL) is a relatively new conference focused on the intersection of robotics and modern machine learning. Its 3rd edition was held in Osaka, Japan at the beginning of November. Read on for a summary of the most relevant papers to… Continue reading Lyft: Self-Driving Research in Review: CoRL 2019

@BMW: Collaboration between BMW Motorrad and mobility provider Cooltra.

Munich. Electromobility has a particular justification in heavily polluted cities and their urban surroundings. With its electrically powered maxi scooter BMW C evolution, BMW Motorrad was involved in pioneering work long before its competitors, having provided electromobility in the urban context for more than five years. Mobility provider Cooltra is now offering an innovative sharing solution to… Continue reading @BMW: Collaboration between BMW Motorrad and mobility provider Cooltra.

Ferrari N.V. signs a new syndicated revolving credit facility

Maranello (Italy), 12 December 2019 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) announces that it has signed on 11 December a Euro 350 million unsecured committed revolving credit facility, intended for general corporate and working capital purposes (the “New RCF”).The New RCF, entered into with a group of twelve banks, has a five-year… Continue reading Ferrari N.V. signs a new syndicated revolving credit facility