Jae C. Hong / AP Nissan showroom in Tokyo: The car maker is struggling with a profit slump, weak sales and a leadership chaos The weakening Japanese carmaker Nissan Show stock market chart According to circles, the sale of its parts trading division wants to flush fresh money into the cash register. The subsidiary Nissan… Continue reading Battered carmaker: Nissan wants to save itself with division sale
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Brake manufacturer gets new boss: Linde manager Eulitz is to lead Knorr-Bremse
lime Bernd Eulitz takes over the executive chair at Knorr-Bremse on November 1st The supplier Knorr-Bremse, who specializes in truck and railway technology, will receive a new CEO. Bernd Eulitz, who is currently responsible for the US business at Linde, will take over the post on November 1. This was announced by Knorr-Bremse after the… Continue reading Brake manufacturer gets new boss: Linde manager Eulitz is to lead Knorr-Bremse
Change of strategy: BMW discontinues electric car i3
The electric car BMW i3 will not get a successor. This has the marketing director of the manufacturer, Pieter Nota opposite the Financial Times announced. Instead, want BMW offer other models of the group as pure battery cars or plug-in hybrids. “There is no concrete plan for an i3 successor,” Nota told The Financial Times.… Continue reading Change of strategy: BMW discontinues electric car i3
The CO2 hangover – as the automakers present at the IAA: Vegan appetizers instead of Kobe beef – not only VW is thinking about the IAA
AFP VW boss Herbert Diess, electric car ID.3 at the IAA: It’s all a little smaller The fan of this IAA stands directly in front of the Frankfurt Festhalle: a huge, black balloon with a big CO2 imprint. The environmentalists of Greenpeace thus demonstrate against the high pollutant emissions of SUVs. The balloon holds around… Continue reading The CO2 hangover – as the automakers present at the IAA: Vegan appetizers instead of Kobe beef – not only VW is thinking about the IAA
New partnership gives Ford PHEV drivers access to NewMotion’s European charging network
Smart charging company NewMotion, which is a member of the Shell Group, will partner with Ford to provide charging technology and infrastructure for the car maker’s PHEVs in Europe. Starting this fall, Ford customers will have access to NewMotion’s phone app, charge card, and charging network, including over 118,000 charge points in 30 countries. “Teaming… Continue reading New partnership gives Ford PHEV drivers access to NewMotion’s European charging network
Nissan plans sale of Trading unit in $1 billion deal: Bloomberg
FILE PHOTO: A man is silhouetted at a show room of Nissan Motor Co. in Tokyo, Japan, February 12, 2019. REUTERS/Kim Kyung-hoon/File Photo (Reuters) – Nissan Motor Co Ltd (7201.T) is looking to sell its vehicle parts and materials distribution business in a deal that may be valued at about $1 billion, Bloomberg reported on… Continue reading Nissan plans sale of Trading unit in $1 billion deal: Bloomberg
Self-driving startup AutoX snags $100m led by Chinese state-owned Dongfeng Motor
AutoX, an autonomous driving firm dual-headquartered in Hong Kong and California, has closed a $100 million Series A round led by Chinese state-owned Dongfeng Motor, which will help the startup build its fleet and expand the technical team. Dongfeng Motor injected tens of millions of US dollars in the investment. Silicon Valley-based incubator Plug and… Continue reading Self-driving startup AutoX snags $100m led by Chinese state-owned Dongfeng Motor
BMW i3 To Die Off: Will Not Get A Successor
BMW i3 will share the fate of the BMW i8, which recently entered the last limited edition to mark the end of production. After it was officially confirmed that the production of BMW i8 will end after the final i8 Ultimate Sophisto edition, now BMW confirms rumors about no direct successor for the BMW i3.… Continue reading BMW i3 To Die Off: Will Not Get A Successor
EPA to unveil plan to take away California’s authority on car emissions
Ari Natter and Ryan Beene, Bloomberg Published 2:49 p.m. ET Sept. 17, 2019 | Updated 3:38 p.m. ET Sept. 17, 2019 The Trump administration will announce it is rescinding California’s authority to regulate greenhouse gas emissions from automobiles on Wednesday, according to people familiar with the matter, a move sure to set off a legal… Continue reading EPA to unveil plan to take away California’s authority on car emissions
Ford Talking With VW About Using MEB Platform For More EVs
It doesn’t make sense to just use the architecture for a single electric vehicle. We’ve known for some time that Ford and Volkswagen have made official plans to work together on projects related to future electric vehicles, as well as self-driving technology. Essentially, VW will let Ford use its EV platform — MEB architecture — as a… Continue reading Ford Talking With VW About Using MEB Platform For More EVs