VW stops manufacturing major diesel models

Production problems at VW: The car manufacturer suspends the production of several diesel models, for the widespread 2.0 TDI engine, a software update must be developed. VW TDI engine 2.0 Saturday, 26.05.2018 19:04 clock Volkswagen has a temporary production stop for important dieselimposed models and wants to fix a false one. As the group confirmed… Continue reading VW stops manufacturing major diesel models

Electric cars: Post delivers 200 street scooters to British milkmen

Street scooter of Deutsche Post With the vehicle, Swiss Post has become a leading manufacturer of electric transporters. (Photo: AP) DüsseldorfDie German postal serviceSubsidiary Streetscooter sells for the first time electric van on a large scale to a single customer abroad. The British company Milk & More has ordered 200 of the electric vehicles, said… Continue reading Electric cars: Post delivers 200 street scooters to British milkmen

End of 35 hours, negotiations open at PSA factory in Vesoul

The bargaining meeting will open Tuesday, May 29 at 1:30 pm between the management of PSA Vesoul and the trade unions. In mid-May, the management proposed a local agreement to increase the actual working time by 7.8%, from 7 hours to 7 hours 33 per day, or from 35 hours to 37 hours 45 per… Continue reading End of 35 hours, negotiations open at PSA factory in Vesoul

Mercedes-Benz reaches 100,000 cars production milestone in India

NEW DELHI: India’s largest luxury car manufacturer Mercedes-Benz on Monday celebrated a historic milestone of rolling-out one lakh cars for the Indian market. The 100,000th car, which is an E-Class, rolled-out from the assembly line of company’s manufacturing facility at Chakan, by Roland Folger, Managing Director and CEO, Mercedes-Benz India and Piyush Arora, Executive Director,… Continue reading Mercedes-Benz reaches 100,000 cars production milestone in India

Grab launches a food delivery service in Southeast Asia

Fresh from completing its acquisition of Uber’s Southeast Asia business, ride-hailing firm Grab has officially launched its food delivery business — GrabFood — today. The service is already available in beta in a handful of countries, including Thailand, but now it is available in Singapore (Grab HQ) with plans to reach Grab’s core six markets… Continue reading Grab launches a food delivery service in Southeast Asia

JLR product boss: Driver’s cars will thrive despite greater autonomy

Enthusiast drivers are going to have more choice than ever before as autonomous technology is developed because car firms will be able to increasingly polarise their line-ups, according to Hanno Kirner, Jaguar Land Rover’s head of product strategy. Kirner believes that while many people will be happy to use autonomous cars day to day –… Continue reading JLR product boss: Driver’s cars will thrive despite greater autonomy

Study – By 2030, hundreds of thousands of auto jobs will disappear: electric cars threaten 270,000 jobs in Europe in the long term

Electric cars drive much cleaner – but they also present enormous challenges to car manufacturers. A study by the consulting firm PA Consulting describes in detail how many jobs are at risk for automakers in Europe until 2030 – and which German carmakers are best equipped for the upheavals. The prognosis has it all: In… Continue reading Study – By 2030, hundreds of thousands of auto jobs will disappear: electric cars threaten 270,000 jobs in Europe in the long term

India’s correlation with global markets approaches 10-year low

By Masaki Kondo and Kartik GoyalA shrinking correlation between financial markets in India and those in the rest of the world is one reason to buy its assets. The weighted average correlation of India’s currency, bonds and stocks with those in other global economies fell to 0.32 last month, approaching a more than 10-year low… Continue reading India’s correlation with global markets approaches 10-year low

Toyota Says Solid-State Batteries Still More Than Decade Away

1 M BY MARK KANE Shinzo Abe, Toyota’s powertrain general manager, in a very interesting Wards Auto interview, outlined a future (by 2030) dominated by hybrid car sales, not plug-ins. Toyota Prius Plug-In (Prius Prime) The Japanese company expects that in Japan and Europe, hybrid car sales will outperform other alternatives. Also, North America is… Continue reading Toyota Says Solid-State Batteries Still More Than Decade Away

Pagani: why the small Italian maker is planning an electric hypercar

The fastest thing about many supercar start-ups is the speed at which they fold, some producing nothing more than broken promises during the brief period between foundation and demise. Not so Pagani. The Italian manufacturer remains a tiny player when compared with Ferrari and Lamborghini, but it has proved to be in it for the… Continue reading Pagani: why the small Italian maker is planning an electric hypercar