As we reported yesterday, GM is announcing that Cadillac will act as its ‘lead electric vehicle brand’. The news was confirmed by the company today and here are my thoughts on the situation: After the news leaked yesterday, the automaker has now confirmed it in a statement as part of its annual earnings report: “Cadillac will… Continue reading GM is making the right move by focusing Cadillac brand on electric, but it should go even further
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Factbox: Corporate investments in EV startups
(Reuters) – Corporations across a variety of industries – auto, energy, electronics, aerospace, telecom – have invested in startup companies engaged in various aspects of automotive electrification, including batteries, charging devices and complete vehicles. Here is a short list of prominent non-automotive corporate investors and the electrification startups they have funded: Intel Corp (technology): Prieto,… Continue reading Factbox: Corporate investments in EV startups
Used car values to ‘flatline’ in 2019 following surge last year
Used car prices are expected to ‘flatline’ in 2019 following the surge in values experienced in 2018. Average used petrol prices rose 15.5% and by nearly £1,400 to £10,370 during 2018 according to analysis of used cars sold online by Autorola UK. Petrol cars started 2018 in Q1 at £8,978 and rose to £10,370 in… Continue reading Used car values to ‘flatline’ in 2019 following surge last year
Senior Nissan executive José Muñoz resigns as Ghosn probe widens
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Car industry swerves to avoid hazards ahead
Fears of ‘car-mageddon’ look premature as groups brace for downturn with job cuts Go to Source
Wrong manufacturer information: new cars swallow 39 percent more than stated
Despite all the debates on the exhaust gas scandal: cars consume significantly more fuel on the road than the manufacturers specify. A study shows that the calculated CO2 reduction is thus far missed. An average new car consumed an average of 39 percent more fuel in 2017 than officially stated. That goes out a study… Continue reading Wrong manufacturer information: new cars swallow 39 percent more than stated
New electric bike is based on a 1941 Jean Prouvé design
In 1941, the French architect Jean Prouvé designed a bicycle for workers in France that would help them commute from home to work cheaply and easily. The bike had a low-slung cruiser seat and hefty metal frame with a thick center bar that slanted downwards like a ramp. It was an instant classic. Coleen Nearly… Continue reading New electric bike is based on a 1941 Jean Prouvé design
France Boasts 25,000 Charging Stations
3 H BY MARK KANE The number of AC charging points is relatively high in France The number of charging stations in France increased to roughly 25,000 at over 10,000 places. The precise number as of the end of November was 24,780. The number increased by 24% compared to September 2017, despite the close of thousands… Continue reading France Boasts 25,000 Charging Stations
In brief: Indonesia to regulate ride-hailing rates, limit promos
The government’s decision couldn’t come at a worse time for Go-Jek and Grab, whose rivalry in the archipelago is heating up. Go to Source
Ford cost-cutting could lead to 1,000 job losses at Bridgend plant
Ford Union stewards briefed a day after US carmaker announced cuts in European operations Britain’s largest trade union, Unite, has vowed to fight against any compulsory redundancies at Ford. Photograph: Dimitrios Legakis for the Guardian Ford is planning to cut more than 1,000 jobs in the UK over two years, with more than half the… Continue reading Ford cost-cutting could lead to 1,000 job losses at Bridgend plant