(Repeats to additional subscribers) HAMBURG, June 13 (Reuters) – Volkswagen and Ford are close to reaching a deal on a partnership for developing self-driving cars, the German carmaker’s chief executive said on Thursday. Volkswagen and the No. 2 U.S. automaker have been in talks for months. The comments on progress are the most definitive from… Continue reading RPT-VW and Ford close to deal on self-driving cars, VW says
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Honda e Dedicated EV Platform Equipped With 35.5 kWh Battery
Honda e to be the ultimate commuter car with a powertrain designed for maximum efficiency and usability. Honda shared the first image and a few details about the upcoming dedicated EV platform, designed from the ground up for all-electric cars. The first model to be based on the new platform is Honda e. In the… Continue reading Honda e Dedicated EV Platform Equipped With 35.5 kWh Battery
Porsche CEO Says Taycan Performance Will Parallel Iconic 911
Sadly, however, initial production will be limited. Porsche is a legend when it comes to performance. We challenge you to find another mainstream brand that has put all its eggs in that basket, and then some. Sure, there’s BMW, Jaguar, and the like, but these automakers don’t possess the clout of Porsche’s legendary offerings. Of… Continue reading Porsche CEO Says Taycan Performance Will Parallel Iconic 911
The dealers will lose more than 3,000 jobs in 2019
The president of Faconauto asks the government to put an end to the “imbalance” between manufacturers and sellers. Spanish car dealers will lose more than 3,000 jobs due to the drop in sales in almost 100,000 registrations in 2019, according to the president of the Federation of Associations of Automotive Dealers (Faconauto), Gerardo Pérez. The… Continue reading The dealers will lose more than 3,000 jobs in 2019
France’s Le Maire to meet Renault chairman, says Nissan alliance priority
France’s Finance Minister Bruno Le Maire answers a question during a news conference of the G20 finance ministers and central bank governors meeting in Fukuoka, Japan June 9, 2019. Toshifumi Kitamura/Pool via REUTERS PARIS (Reuters) – French Finance Minister Bruno Le Maire said on Thursday a Fiat Chrysler-Renault merger remained an “interesting opportunity” but added… Continue reading France’s Le Maire to meet Renault chairman, says Nissan alliance priority
Hyundai and Kia Invest in Aurora
Hyundai and Kia Invest in Aurora Aurora TeamBlockedUnblockFollowFollowing Jun 12 Partnership continues development on self-driving platforms and services powered by the Aurora Driver Hyundai’s flagship fuel cell vehicle NEXO integrated with the Aurora Driver Today we’re pleased to announce that our existing partner Hyundai Motor Group, which includes Hyundai Motor Company and Kia Motors Corporation, has invested… Continue reading Hyundai and Kia Invest in Aurora
BMW affirms target to hike sales as China drives May deliveries
A man stands in front of a BMW 3 Series Long Wheelbase (LWB) car presented during the media day for Shanghai auto show in Shanghai, China April 16, 2019. REUTERS/Aly Song BERLIN (Reuters) – German luxury carmaker BMW affirmed its target to increase sales this year after group sales rose by 3.2% in May year-on-year,… Continue reading BMW affirms target to hike sales as China drives May deliveries
In brief: Grab had discussions to acquire local payments startup 2C2P, people say
2C2P ultimately declined the offers from Grab and other bidding parties. Go to Source
Grab said to have discussed buying Asia payments startup 2C2P
Singapore ride-hailing giant Grab held talks to acquire payments provider 2C2P Pte and was turned down, according to people familiar with the matter, a sign of the ambitions Southeast Asia’s most valuable startup has in financial services. Grab was one of multiple possible bidders interested in 2C2P with preliminary offers ranging up to about $200… Continue reading Grab said to have discussed buying Asia payments startup 2C2P
Ford recalls 1.2 million vehicles in US
Ford is recalling 1.2 million sport utility vehicles in the US over suspension issues that the car giant said could affect steering. The recall, which is expected to cost $180m (£140m), affects Ford Explorers made in the US firm’s Chicago plant between 2010 and 2017. Ford said one customer had reported hitting a kerb when… Continue reading Ford recalls 1.2 million vehicles in US