DPA Trucks on Daimler grounds: The Stuttgart manufacturer was also involved in the agreements of the truck manufacturers. In connection with the so-called truck cartel, Deutsche Bahn claims compensation of around half a billion euros. This sum would have paid the railway, the Bundeswehr and other companies including interest due to the price fixing of… Continue reading Illegal price fixing: Deutsche Bahn calls for half a billion truck cartel
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Model determination action: Process start for Volkswagen in Braunschweig
Software update for VW Golf According to the consumer center of the federal association VW has deliberately cheated his customers. (Photo: AP) Braunschweig It is an extraordinary procedure. Nearly 470,000 Volkswagen stand behind the model claim of the Verbraucherzentrale-Bundesverband (VZBV) and the ADAC. which is now being heard by the Higher Regional Court of Brunswick.… Continue reading Model determination action: Process start for Volkswagen in Braunschweig
Worry goes up at Michelin in La Roche-sur-Yon
In an internal document revealed by “Le Monde”, the management of Michelin highlights the low competitiveness of four of its French production sites, including that of La Roche-sur-Yon (Vendée), specialized in the production of truck tires. A point that does not surprise the South union, majority on this site of 650 employees, who in a… Continue reading Worry goes up at Michelin in La Roche-sur-Yon
Umicore To Supply NMC Cathode Materials For LG Chem Batteries
LG Chem has just secured supply of cathode materials for its high-volume battery gigafactory in Poland. LG Chem and Umicore entered a multi-year strategic supply agreement for NMC (Nickel Manganese Cobalt) cathode materials for battery cells from 2020, which over several years will cover a total volume of 125,000 metric tonnes. Umicore’s cathode materials produced… Continue reading Umicore To Supply NMC Cathode Materials For LG Chem Batteries
Body-shop parts in short supply at GM dealers because of strike
Dealerships for General Motors Co. brands are “starting to feel the pinch” as trim pieces and other parts for their body shops become harder to find because of the United Auto Workers strike. “When the strike first started, the first 10 days or so, there were no problems,” said Walt Tutak, general manager of Matthews-Hargreaves Chevrolet in Royal Oak,… Continue reading Body-shop parts in short supply at GM dealers because of strike
Car2go pulls out of 5 North American cities casting more doubt on free-floating car-sharing’s viability
A car2go vehicle in Seattle. (GeekWire Photo) Car2go is putting five cities in the rear-view mirror as the North American free-floating car-sharing market contracts rapidly. SHARE NOW, car2go’s parent company, said Friday that the service will shut down in Portland, Denver, Chicago, Austin, and Calgary. The announcement comes just a few weeks after two car-sharing… Continue reading Car2go pulls out of 5 North American cities casting more doubt on free-floating car-sharing’s viability
Fiat Chrysler to pay $40 million to settle SEC charges that it misled investors
CLOSE Fiat Chrysler Automobiles will pay $40 million to settle charges the company misled investors through its sales reporting. (Photo: Kimberly P. Mitchell, Detroit Fr) Fiat Chrysler Automobiles has agreed to pay $40 million to settle charges by the U.S. Securities and Exchange Commission that it misled “investors about the number of new vehicles sold… Continue reading Fiat Chrysler to pay $40 million to settle SEC charges that it misled investors
Here’s what Lucid Motors’ $700 million EV factory will look like
Lucid Motors spent the last few years waiting to break ground on a brand-new factory in Casa Grande, Arizona, and the EV startup was finally able put things in motion late last year after it locked down a $1 billion funding round from Saudi Arabia. Now, The Verge has obtained the first images of what… Continue reading Here’s what Lucid Motors’ $700 million EV factory will look like
Ex-BMWler start-up Canoo presents prototypes: An electric van for the “post-SUV era” – the flat rate
Her debut looks a bit like a VW Bulli had been doing weight training and also dropped the plump trim of the 50s. A “refreshing rethinking” of VW microbus attests the US online medium “The Verge” the startup Canoo, the until recently Evelozcity was called, The influential tech blog “Tech Crunch” finds a “rather radical… Continue reading Ex-BMWler start-up Canoo presents prototypes: An electric van for the “post-SUV era” – the flat rate
Exhaust emissions and no end: so expensive can the diesel scandal for VW still be
Volkswagen wants to tackle its dark past and start a clean future. But this week it became clear once again: the exhaust gas scandal is far from over – and it can still be expensive. Billions of investments, dozens of new models in the planning stage and many big words about the clean car world… Continue reading Exhaust emissions and no end: so expensive can the diesel scandal for VW still be