A 2018 Alfa Romeo Giulia is shown during a media preview at the 2018 North American International Auto Show in Detroit in January 2018. (Photo: Erik S. Lesser, EPA-EFE/REX/Shutterstock) The term generic might imply a reasonable, cost-effective choice at the grocery store, but Fiat Chrysler Automobiles CEO Sergio Marchionne says it’s no way to think about cars.… Continue reading Marchionne: Even with autonomous vehicles, brand identity will be key
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Nio advertises in Germany
The Chinese startup Nio is looking for specialists in Germany. Nio wants to build autonomous electric cars, like many other startups too, and holds the speed record for autonomous driving. For the development one needs money and especially professionalsthat you obviously look for in Germany. So you have already made an offer to BMW employees,… Continue reading Nio advertises in Germany
Volkswagen and Daimler report bottlenecks: Caught in the German electric car production hell
All articles and backgrounds 07/02/2018 Volkswagen and Daimler report bottlenecks trapped in German electric car production hell Volkswagen AG Gläserne Manufaktur in Dresden: This is where the E-Golf comes into being – in small numbers When it comes to e-Golf, Bernd Glathe is currently out of the picture. When customers look for the electric car… Continue reading Volkswagen and Daimler report bottlenecks: Caught in the German electric car production hell
Embarrassing buckling: Daimler clears Dalai Lama quote and triggers controversy
All articles and backgrounds 07/02/2018 Embarrassing buckling Daimler erases Dalai Lama quote and triggers controversy REUTERS “Look at situations from all sides and you will become more open”: Something like that does not like to be heard in communist Beijing, and already Daimler erases the innocent slogan of the spiritual leader of Tibet in an… Continue reading Embarrassing buckling: Daimler clears Dalai Lama quote and triggers controversy
China’s Didi Chuxing partners 12 automakers to build EV-sharing network
February 7, 2018 China’s Didi Chuxing is teaming up with 12 automakers including the Renault-Nissan-Mitsubishi alliance to build an electric-vehicle-sharing network in the world’s largest auto market. Didi, the dominant ride-hailing company in China, launched its car-sharing platform Wednesday, the Chinese startup said in a statement. China surpassed the U.S. as the top market for… Continue reading China’s Didi Chuxing partners 12 automakers to build EV-sharing network
Vrtucar to Acquire Community CarShare
Photo courtesy of Vrtucar Community CarShare is planning to dissolve due to financial issues, according to an article by The Record. The article reported that Community CarShare’s total liabilities were nearly $796,500 and total assets were just under $227,000 as of April 2017. The nonprofit carsharing cooperative received a letter of intent from Vrtucar, an… Continue reading Vrtucar to Acquire Community CarShare
Kia, Repsol Launch WiBLE Carsharing Service in Madrid
WiBLE will launch in Madrid in late 2018. Photo via Ángela Ojeda Heyper/Flickr Kia Motors Iberia and Repsol announced their partnership to launch a new carsharing service called WiBLE (Widely Accessible, very accessible). WiBLE will launch in Madrid, due to the Spanish capital’s geography and demographics which lend well to a carsharing market. Details about the operation of the service are… Continue reading Kia, Repsol Launch WiBLE Carsharing Service in Madrid
Mercedes will build an electric version of its popular Sprinter van
Daimler It’s all well and good to drive your own electric car, but what about the companies delivering your mail or fixing your water heater? They could stand to benefit from EVs, too — and Mercedes-Benz is happy to help out. It’s launching a refreshed Sprinter van that will, for the first time, include an… Continue reading Mercedes will build an electric version of its popular Sprinter van
GM posts strong 2017 despite losses
General Motors headquarters is seen in the Renaissance Center in Detroit. (Photo: Stan Honda / Getty Images) General Motors Co. was the only Detroit automaker to post a net loss in 2017, down $3.9 billion as it adjusts for the new tax law and takes one last hit from the money-losing European business it sold… Continue reading GM posts strong 2017 despite losses
Ride-hailing app Grab to launch autonomous taxis before 2022
Ride-hailing app Grab to launch autonomous taxis before 2022 Subscribe to Premium now What do you get in your Premium Subscription package? Lex Column – The FT’s daily guide to the corporate and financial stories that matter. Since the 1930’s Lex has been providing concise, readable and timely commentary on companies, markets and the theory… Continue reading Ride-hailing app Grab to launch autonomous taxis before 2022