General Motors Co. is gearing up one of its car plants to build a new Cadillac crossover with hopes of reversing the luxury brand’s sales slump in the U.S., according to people familiar with the matter. The automaker has begun building test versions of the Cadillac XT4 at its assembly plant in Kansas City, said… Continue reading Cadillac Is Said to Ready Small SUV to Jumpstart Weak U.S. Sales
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CES 2018: Chinese Startup Byton Unveils $45,000 Gadget-Packed Electric SUV
The ghost of Faraday Future hovered over the glitzy launch of Byton’s electric, autonomous SUV at CES on Sunday. In 2017, Faraday Future’s billionaire boss Jia Yueting watched in horror as his supposedly self-driving FF91 car failed to park itself at its unveiling. That was just the start of a terrible year that saw Faraday… Continue reading CES 2018: Chinese Startup Byton Unveils $45,000 Gadget-Packed Electric SUV
China’s FAW Car Buys 10% Stake In Mobike’s Car-sharing Unit Mobike Chuxing
FAW Car Co Ltd., a Shenzhen Stock Exchange-listed passenger car maker will take a 10% stake in bike-sharing firm Mobike’s new car-sharing unit Mobike Chuxing Technology Co, according to a securities filing by FAW. Mobike’s venture in to car sharing could place it in direct competition with China’s largest ride sharing firm Didi Chuxing. The value of… Continue reading China’s FAW Car Buys 10% Stake In Mobike’s Car-sharing Unit Mobike Chuxing
Vauxhall plans another 250 job cuts at Ellesmere Port
Vauxhall is cutting another 250 jobs at its Ellesmere Port car plant on top of the 400 jobs it announced in October. The carmaker, now owned by France’s PSA Group – maker of Peugeot and Citroen – said it needed to “accelerate the recovery of plant productivity”. The Ellesmere Port plant in Cheshire, which makes… Continue reading Vauxhall plans another 250 job cuts at Ellesmere Port
Pressure increased before third round of negotiations: IG Metall covers industry nationwide with warning strikes
08/01/2018 Pressure increased before third round of negotiations IG Metall covers industry nationwide with warning strikes DPA Car industry: IG Metall announces warning strikes in the metal and electrical industry before the third round of negotiations Before the start of the third round of negotiations in the collective bargaining dispute between the metal and electrical… Continue reading Pressure increased before third round of negotiations: IG Metall covers industry nationwide with warning strikes
In 2017, 198,821 light commercial vehicles were registered
The year 2017 has closed with 198,821 light commercial vehicles registered in Spain, an amount that represents an increase of 15.5% over 2016. Within this category, vans have been the type of vehicle with the highest volume of registrations: 112,767 records and an increase of 10.3% with respect to the previous year. In the month… Continue reading In 2017, 198,821 light commercial vehicles were registered
This is going to be the world of the automobile and mobility in 2018
The study2025 Automotive 360º VisionIt is not a crystal ball, but it is a tool that anticipates tendencies of evolution in the automobile sector and mobility. This time we want to share with you some of our impressions for next year, while we take the opportunity to wish you a great 2018. Today we all… Continue reading This is going to be the world of the automobile and mobility in 2018
China Digest: MoSeeker, Ulucu, Huangjinguanjia and Huiyihuiying raise funds
January 8, 2018 Here is a roundup of Chinese startups that are the latest to secure funding, as reported by the China Money Network. MoSeeker closes $15m Series B Chinese recruitment solutions provider MoSeeker has raised $15 million in a series B funding round led by an undisclosed investor. Recruit Holdings participated in the latest round.… Continue reading China Digest: MoSeeker, Ulucu, Huangjinguanjia and Huiyihuiying raise funds
Jaguar Land Rover reports record annual sales
The UK’s biggest carmaker, Jaguar Land Rover (JLR), has said sales hit a record high last year. The company said Jaguar sold 178,601 cars, up 20% on the year before, while Land Rover sales rose 2% to 442,508. JLR said sales had more than tripled since 2009. It said this was the seventh successive year… Continue reading Jaguar Land Rover reports record annual sales
JLR sells record 621,109 vehicles in 2017
Luxury carmaker Jaguar Land Rover sold a total of 621,109 vehicles in 2017 an increase of 6.5 percent compared to same period the previous year. The company says that despite tough conditions in some markets it has been able to achieve record global sales including retail sales of 55,697 units an increase of 0.6 percent… Continue reading JLR sells record 621,109 vehicles in 2017