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Crisis of the German automotive industry: Schaeffler, Bosch, Aumann – German automotive suppliers in need

picture alliance / dpa Cylindrical roller bearings from Schaeffler: Not only Schaeffler is suffering from the radical change in the automotive industry. Bosch, Leoni, Conti, Aumann, Infineon and BASF are also preparing for difficult times Trade war, weak demand, farewell to internal combustion engine: The German auto industry is in its most difficult phase for… Continue reading Crisis of the German automotive industry: Schaeffler, Bosch, Aumann – German automotive suppliers in need

Demands for higher taxation: Front against SUV in Germany is growing

In view of the ongoing SUV boom, the Federal Environment Agency has pleaded for more expensive vehicles with high CO2 emissions for more climate protection. “We have to find measures to promote climate-friendly mobility,” said the President of the Federal Environment Agency, Maria Krautzberger, the German Press Agency. A proposal of the Federal Environmental Agency… Continue reading Demands for higher taxation: Front against SUV in Germany is growing

Automotive: the Bosch workforce under pressure

Bosch will not escape the bitter potion. The current, more violent reversal of the global automotive market, coupled with the drop in diesel sales, puts the German automotive giant under pressure, he who still signed the best results in his history two years ago. “Of course, we must react to the decline in demand,” enthused… Continue reading Automotive: the Bosch workforce under pressure

Hyundai’s first car with a solar roof is available in Korea

Sponsored Links Hyundai Last fall, Hyundai revealed plans to outfit its cars with solar panels. Now, its first car equipped with a solar roof is ready. The New Sonata Hybrid is available now in Korea, and it should arrive in North America soon. Hyundai hopes that by supporting the vehicle’s electric power source, the rooftop… Continue reading Hyundai’s first car with a solar roof is available in Korea

Fast charging for autonomous electric vehicles

The two companies, Electrify America and Stable, want to provide a robot for fast charging of autonomous e-vehicles. The subsidiary of Volkswagen, Electrify America, together with California-based Stable, plans to launch a robot-assisted charging solution for autonomous e-vehicles. The basis for this was Volkswagen CarLa already developed. Automatic fast charging station The system was in… Continue reading Fast charging for autonomous electric vehicles

Avis Reports $2.3B in Q2 Revenue

Photo via Depositphotos.  Avis Budget Group reported second quarter revenues of $2.3 billion, which includes a negative impact of $46 million, or 2%, from currency exchange rate movements. Second quarter revenues featured a 2% increase in rental days. Overall per-unit fleet costs improved 8% year-over-year. For the quarter, net income was $62 million, or $0.81 per diluted… Continue reading Avis Reports $2.3B in Q2 Revenue

In Flins, Renault employees are worried about the relocation of the Clio

What future for Flins? In this factory Renault Yvelines on the banks of the Seine, the question is in everyone’s mind. Since the 4,500 employees of the site have learned six months ago that the assembly of the new Clio would be relocated to Turkey and Slovenia , They are worried. Because they do not… Continue reading In Flins, Renault employees are worried about the relocation of the Clio

French automobile production will suddenly fall in 2020

The automobile is a business of cycles, and some are more exciting than others. After a few years of thinning that allowed the Hexagon to return to the European podium of car production , France will know a brutal blow of stop next year. The level of production of all automotive plants will fall by… Continue reading French automobile production will suddenly fall in 2020