Zetsche agrees with shareholders on falling profits

The transformation of the car industry will cost Daimler a lot of energy. CEO Zetsche refuses at the Annual General Meeting because of the great cheers on the record numbers for 2017 – and prefers to point out the dangers. Daimler CEO Dieter Zetsche Thursday, 05.04.2018 16:14 clock Even the recent record numbers at Daimler… Continue reading Zetsche agrees with shareholders on falling profits

Mercedes workers choose more right works councils

At the Daimler plant in Stuttgart, right-wing candidates have expanded their influence in the works council election. Employees of a controversial list were also selected at other Mercedes plants. Daimler plant in Stuttgart-Untertürkheim Tuesday, 06.03.2018 19:52 clock In the works council of the Mercedes parent plant in Stuttgart-Untertürkheim has again drafted a radical right-wing list.… Continue reading Mercedes workers choose more right works councils

Ford Ka+ range refreshed, adding Active crossover for 2018

Ford has updated the Ka+ for 2018 with a facelift, including new styling, new infotainment, and a range of new engines. However, the headline news is that a new Active-badged crossover version of its city car has also been introduced, which has now made its public debut at the 2018 Geneva Motor Show.  The new Ka+ Active… Continue reading Ford Ka+ range refreshed, adding Active crossover for 2018

Renault’s EZ-GO electric car is ridesharing for the masses

Renault has managed to outdo the craziness of the Mercedes F 015 concept with its own driverless concept electric car, the EZ-GO. Unveiled at the Geneva Motor Show, it’s a Level 4 autonomous urban EV with a top speed of just 30MPH. Six passengers enter through the massive front door and can see everything (and… Continue reading Renault’s EZ-GO electric car is ridesharing for the masses

CO2 emissions of the fleet lowered: BMW will build new Tesla Jäger i4 in Munich

All articles and backgrounds 06/03/2018 CO2 emissions of the fleet lowered BMW will build new Tesla Jäger i4 in Munich BMW / Julian Robinet BMW has a new electric car in the works: And the BMW i4 will be built, assures the CEO Harald Krüger BMW lowered the average CO2 emissions of its new-car fleet… Continue reading CO2 emissions of the fleet lowered: BMW will build new Tesla Jäger i4 in Munich

Morgan Plus 8 50th Anniversary launched

Morgan is marking the 50th year of its Plus 8 sports car with a new special edition of which just 50 examples will be produced. Revealed at the Geneva motor show, the new 50th Anniversary model will be among the very last cars to use a BMW N62 V8 engine, which bows out with the… Continue reading Morgan Plus 8 50th Anniversary launched

India: Temasek said to be in talks to invest in SoftBank-backed Ola

March 6, 2018 After speculations of Japanese investment giant SoftBank wanting to pump in more funds in Indian ride hailing major Ola, Singapore’s sovereign wealth fund Temasek is now reportedly in talks to invest in the Uber rival. According to a report in The Economic Times quoting sources, Temasek and other investors are looking to invest… Continue reading India: Temasek said to be in talks to invest in SoftBank-backed Ola

China Dealbook: Xingyuan Auto, BestSign, Interhouse.cn, Kaochong fundraise

March 6, 2018 Beijing Xingyuan Automotive Information Technology Co., an internet-based provider of services for the auto industry, has raised $79 million in a Series A round of funding led by Qiangwei Holdings, and Guoxing Fund. Other Chinese startups to raise fresh funding include BestSign, Interhouse.cn, and Kaochong, CMN reported. Xingyuan Auto secures $79m funding Beijing… Continue reading China Dealbook: Xingyuan Auto, BestSign, Interhouse.cn, Kaochong fundraise

Exclusive: Fiat Chrysler to spin-off Magneti Marelli without raising money – sources

LONDON/FRANKFURT/MILAN (Reuters) – Fiat Chrysler Automobiles NV (FCA) (FCHA.MI) is looking to spin off auto-parts business Magneti Marelli to its shareholders via a Milan listing that will not raise money by selling new shares, four sources familiar with the matter said. FILE PHOTO: A screen displays the ticker information for Fiat Chrysler Automobiles NV at… Continue reading Exclusive: Fiat Chrysler to spin-off Magneti Marelli without raising money – sources

Jaguar I-Pace First Edition 2018 first drive

For a while I watch others drive, noting the reluctance of this long wheelbase, ultra low-centre of gravity car to roll its body, or slide, or do anything very much except squeal its tyres in extremis and go where it is steered. It does indeed change direction brilliantly – you can see that with the… Continue reading Jaguar I-Pace First Edition 2018 first drive