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New Volkswagen ID 3: UK specs for launch editions outlined

Sales of the pivotal Volkswagen ID 3 have begun in Germany and other European countries today (17 June), with order books for the special First Edition in the UK set top open next month. Deliveries are due to begin in the UK in September. Autocar’s Volkswagen ID 3 2020 review There had been reports the hugely important… Continue reading New Volkswagen ID 3: UK specs for launch editions outlined

All bets are off as Hertz pulls plan to issue $500 million in new stock

Hertz, which filed for bankruptcy last month, halted its $500 million stock offering Wednesday after the U.S. Securities and Exchange Commission told the rental company it would review its controversial plan to sell shares that could soon be wiped out completely. Hertz disclosed Monday that it would issue a $500 million stock offering following approval… Continue reading All bets are off as Hertz pulls plan to issue $500 million in new stock

Lyft To Switch To 100% Electric Cars By 2030

Leading the Transition to Zero Emissions: Our Commitment to 100% Electric Vehicles by 2030 The year 2020 will go down in history as an inflection point for humankind. The challenges we face today, from the global climate crisis that is ravaging our planet, to the global pandemic that is ravaging our lives, to the global… Continue reading Lyft To Switch To 100% Electric Cars By 2030

Parcel delivery firm DPD to hire 6,000 UK workers to meet online retail boom

LONDON (Reuters) – Parcel delivery firm DPD said on Thursday it would create 6,000 new UK-based jobs and increase investment in infrastructure to meet a boom in online shopping caused by the COVID-19 pandemic and a possible longer-term shift in retail habits. DPD said demand for its services had risen even before the UK entered… Continue reading Parcel delivery firm DPD to hire 6,000 UK workers to meet online retail boom

European regulators plan longer investigation of FCA, PSA Group merger plans

CLOSE Regulators in Europe plan to take a longer look at the proposed merger of Fiat Chrysler Automobiles and the maker of Peugeot, raising concerns about the potential negative impact on competition. European Commission Executive Vice President Margrethe Vestager, in remarks posted on the commission’s website Wednesday, pointed specifically at the commercial van sector as… Continue reading European regulators plan longer investigation of FCA, PSA Group merger plans

Ford offers 30,000 U.S. employees option to work from home until New Year’s

CLOSE Ford has released this video to its employees on face mask guidelines and returning to work. Detroit Free Press An estimated 30,000 salaried employees at Ford Motor Co. learned at a virtual staff meeting early Wednesday that they may choose whether to work from home full-time, return to the office full-time or create a blended schedule that… Continue reading Ford offers 30,000 U.S. employees option to work from home until New Year’s

Volkswagen’s ID 4 revealed in leaked images

Volkswagen’s first all-electric SUV, the ID 4, has broken cover thanks to leaked images from China’s Ministry of Industry and Information Technology that were picked up by a VW fan forum. The ID 4 — which was previously known as the ID Crozz when it was still a concept — is the first vehicle from… Continue reading Volkswagen’s ID 4 revealed in leaked images

GM unveils Buick Velite 7 Electric SUV, gives us an idea of Bolt EUV

GM has released the first picture of its Buick Velite 7 Electric, a small SUV/crossover for the Chinese market, and it might give us a pretty good idea of what the upcoming Bolt EUV will look like. In October 2017, GM outlined its “All-Electric Path to Zero Emissions” and announced a new electric offensive with 20 new… Continue reading GM unveils Buick Velite 7 Electric SUV, gives us an idea of Bolt EUV

GM CEO Mary Barra ‘cautiously optimistic’ on coronavirus recovery, consumer demand

General Motors CEO and Chairman Mary Barra told CNBC on Wednesday she is “cautiously optimistic” about consumer demand returning as well as a global economic recovery as businesses continue to reopen following shutdowns due to the coronavirus pandemic.  “We’ve been pleasantly surprised how demand has come back,” she said in a “Squawk Box” interview. Barra said the company… Continue reading GM CEO Mary Barra ‘cautiously optimistic’ on coronavirus recovery, consumer demand