Electric Jaguar XJ scrapped as part of brand reinvention plan

The long-awaited electric replacement for the Jaguar XJ has been written out of the company’s long-term strategy as it looks to transition to an electric-only luxury brand from 2025. According to Jaguar Land Rover’s bold new Reimagine plan to transform the company’s fortunes, Jaguar will undergo “a renaissance to emerge as a pure-electric luxury brand with a dramatically… Continue reading Electric Jaguar XJ scrapped as part of brand reinvention plan

German Handelsblatt: New CO2 model: Volkswagen increases prices – except for electric cars001304

Volkswagen logistics car park The next price increase at the Wolfsburg-based car manufacturer is due at the beginning of March. (Photo: dpa) Düsseldorf The January result was miserable: the Volkswagen Passenger Cars brand sold just 34,000 cars in Germany in January, a decrease of 30 percent compared to the same month last year. Nevertheless, the… Continue reading German Handelsblatt: New CO2 model: Volkswagen increases prices – except for electric cars001304

German Handelsblatt: Suppliers: minus less dramatic than feared: ZF Friedrichshafen comes through the corona year 001300 lightly

ZF plant in Friedrichshafen The supplier benefited from the rapid recovery of the Chinese auto market in 2020. (Photo: dpa) Düsseldorf The corona crisis weighs on the results of ZF Friedrichshafen: According to the preliminary figures published by Germany’s third-largest auto supplier this Monday morning, sales have fallen by around eleven percent to 32.6 billion… Continue reading German Handelsblatt: Suppliers: minus less dramatic than feared: ZF Friedrichshafen comes through the corona year 001300 lightly

German Manager Magazin: Tesla: rival Rivian could build its own factory in Germany000566

Tesla has big plans in Grünheide: But the expansion of the factory, the 500,000 in the future Electric cars deliver each year and at the same time become the world’s largest battery factory, apparently slows down. Insiders speak loudly “Automobile week” of a “massive delay” for both the car and the planned battery plant. Five… Continue reading German Manager Magazin: Tesla: rival Rivian could build its own factory in Germany000566

German Manager Magazin: Volkswagen AG: Main owner Porsche SE before billions in profit due to reasonably good group figures000566

Of the Volkswagen– The main owner Porsche SE expects a net profit of around 2.6 billion euros for the past year. The holding company of the Porsche and Piëch families announced on Friday that, as things stand at present, the group result will likely be in this range. That would be 1.8 billion euros or… Continue reading German Manager Magazin: Volkswagen AG: Main owner Porsche SE before billions in profit due to reasonably good group figures000566

Tesla: Elon Musk’s ambitions in India become clearer

Posted on Feb 15, 2019 2021 at 10:42 Updated on 15 feb. 2021 at 10:50 A new – gigantic – playground for Elon Musk? After the United States, China and Germany (where production has not yet started), Tesla is very close to reaching an agreement to manufacture its cars in another country: India, the world’s… Continue reading Tesla: Elon Musk’s ambitions in India become clearer

Inside the industry: EVs give scope for car industry to thrive again

The latest forecast from the SMMT suggests new car sales of just below 1.9 million this year, 15% up on last year’s disaster but around 100,000 down on predictions from October, when Lockdown Three seemed like a sequel too far. But while it’s impossible not to wince at the memory of the 2.69m sales made… Continue reading Inside the industry: EVs give scope for car industry to thrive again