Roberto Baldwin / Engadget The Volvo S60 will be the second car the automaker will “lease” via its Care by Volvo subscription service when it lands in showrooms in the next few months. But it turns out, that half the folks that flocked to subscribe to the XC40 didn’t walk into dealerships. They “bought” the… Continue reading Volvo is betting big on mobile to push its car subscription service
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After the furious speech of the VW boss: These cars are really green
VW boss Herbert Diess gets angry: The mobility turnaround with carbon electric powered electric cars is absurd. Looking for the really green car … This turns on: From a “campaign against individual mobility” squabbled the Volkswagen CEO this week, from an “almost hysterical nitric oxide discussion” and the impossible new CO2 targets. The only 30… Continue reading After the furious speech of the VW boss: These cars are really green
Less profit expected: Daimler’s profit warning sends stock to five-year low
AP Daimler CEO Dieter Zetsche: earnings forecast for 2018 lowered The carmaker Daimler Show stock market chart expects a weaker annual result than previously forecast in view of the costs associated with the diesel scandal. The group lowered on Friday its expectation for 2018 and called for several reasons. The third quarter had missed the… Continue reading Less profit expected: Daimler’s profit warning sends stock to five-year low
Daimler is hit by diesel affair
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UPDATE 1-Ford CEO seeks to rally dealers as shares sink to new low
LAS VEGAS (Reuters) – With Ford Motor Co’s stock at nearly a nine-year low and the company squeezed by tariffs and trade tensions, Chief Executive Jim Hackett sought to restore confidence among dealers gathered in Las Vegas this week, days ahead of announcing the automaker’s third-quarter results. Ford CEO Jim Hackett speaks to dealers at… Continue reading UPDATE 1-Ford CEO seeks to rally dealers as shares sink to new low
Pendragon warns WLTP to hit vehicle sales and profitability
Pendragon warned today that the introduction of Worldwide Harmonised Light Vehicle Test Procedure (WLTP) on 1 September would damage its performance for 2018. Profits are set to decline about 17% to £50m compared to last time due to problems with supplies. “UK New Car market data for the month of September showed a decline of… Continue reading Pendragon warns WLTP to hit vehicle sales and profitability
Electrify America Signs Deal For “Interoperable” EV Charging
3 H BY BRADLEY BERMAN Throw away all your EV charging network cards. The new thing is “interoperability.” Electrify America, the Volkswagen subsidiary, announced today that it signed a deal that effectively creates a combined network of 12,500 interoperable electric car charging stations. The term “interoperable” doesn’t exactly roll off your tongue, but it’s critical… Continue reading Electrify America Signs Deal For “Interoperable” EV Charging
MPs call for ban on petrol and diesel car sales by 2032
Automotive industry UK risks falling behind global switch to electric vehicles with ‘unambitious’ target of 2040, says committee Scotland has set 2032 as its own target for banning the sale of fossil fuel-powered vans and cars. Photograph: Danny Lawson/PA MPs have urged ministers to bring forward their ban on new petrol and diesel car sales… Continue reading MPs call for ban on petrol and diesel car sales by 2032
Workhorse Enters Into Initial Production Of NGEN-1000 All-Electric Delivery
CINCINNATI, Oct. 16, 2018 /PRNewswire/ — Workhorse Group Inc. (NASDAQ: WKHS), an American automotive technology company providing sustainable and cost-effective transportation solutions, announced today that the Workhorse NGEN-1000, a new light-weight electric delivery vehicle, has entered initial production. The NGEN-1000’s curb weight is 4,000lbs – less than one-half of what a traditional diesel step-van weighs… Continue reading Workhorse Enters Into Initial Production Of NGEN-1000 All-Electric Delivery
Workhorse Kicks off Production of Lightweight Electric Delivery Van
Workhorse Group Inc. has announced the initial production of its Workhorse NGEN-1000, a lightweight electric delivery vehicle. According to the Cincinnati-based company, the NGEN-1000’s curb weight is 4,000 lbs., representing less than one-half of what a traditional diesel step-van weighs. However, it can carry the same amount of storage. The company believes this weight reduction,… Continue reading Workhorse Kicks off Production of Lightweight Electric Delivery Van