Audi CEO Stadler presses for release from German custody

FRANKFURT (Reuters) – Audi’s (NSUG.DE) suspended Chief Executive Rupert Stadler has appealed to a court to be released from custody after spending the past month in jail, the Munich prosecutor’s office said on Thursday. FILE PHOTO: Rupert Stadler, CEO and Chairman of the Board of Management of Audi, attends the “AI for Good” Global Summit… Continue reading Audi CEO Stadler presses for release from German custody

Response to Trump’s trade war with China: Volvo is shifting SUV production from China to Europe

All articles and backgrounds 07/19/2018 Response to Trump’s trade war with China Volvo is shifting SUV production from China to Europe Volvo Volvo XC 60: Models planned for the US run in the future from Europe in Europe – no longer in China The Swedish-Chinese car manufacturer Volvo reacts quickly to the trade dispute between… Continue reading Response to Trump’s trade war with China: Volvo is shifting SUV production from China to Europe

Herbert Diess sets new goals for Audi, VW and Porsche: Volkswagen boss calls for higher profits

All articles and backgrounds 07/19/2018 Herbert Diess sets new goals for Audi, VW and Porsche Volkswagen boss calls for higher profits REUTERS Herbert Diess Volkswagen Group CEO Herbert Diess presents new profit targets to the most important Group brands Audi, Porsche and VW. The core brand VW should also reach their profit target earlier. The… Continue reading Herbert Diess sets new goals for Audi, VW and Porsche: Volkswagen boss calls for higher profits

Confusion among British dealers by the WLTP

The WLTP, which goes into effect on September 1, is causing widespread confusion among UK dealers. That is the conclusion of a study carried out by Motor Trader in partnership with Manheim, which reveals that only a few weeks before the implementation of September 1, more than a third of dealers (35%) do not know… Continue reading Confusion among British dealers by the WLTP

Enway: An autonomous sweeping package from Berlin

The development self-driving vehicles is not just a topic for big car companies. A jam-filled donut Startup has picked out a special application that could free the capital from its grubby image. A report  from Friedhelm old man July 19, 2018, 12:06 pm We sweep for you: The self-propelled sweeper from Enway in action (Image:… Continue reading Enway: An autonomous sweeping package from Berlin

Daniela Gerd tom Markotten: Moovel boss will lead mobility alliance of Daimler and BMW

All articles and backgrounds 07/19/2018 Daniela Gerd tom Markotten Moovel’s boss will lead a mobility alliance between Daimler and BMW Daimler Daniela Gerd tom Markotten is to expand the joint mobility provider of Daimler and BMW globally and make it ready for the stock market in the long term Daniela Gerd tom Markotten (43) becomes… Continue reading Daniela Gerd tom Markotten: Moovel boss will lead mobility alliance of Daimler and BMW

Startup Coast Autonomous shows off

The startup project Coast Autonomous, P-1, was unveiled in New York. After six years of development, Coast Autonomous has now unveiled its P-1 Autonomous Shuttle in New York. It is a shuttle bus that runs at low speed. Coast Autonomous. Source: venturebeat The Shuttle P-1 can carry up to 14 people, with only eight people… Continue reading Startup Coast Autonomous shows off

China’s Didi Chuxing is close to launching a taxi-booking service in Japan

Days after raising $500 million via a strategic investment from travel giant Booking Holdings, Chinese ride-hailing giant Didi Chuxing has continued its international push with the launch of a local business in Japan. Its new Japan-based unit is a joint venture with SoftBank, a longtime Didi investor, which has been in the works since an announcement back… Continue reading China’s Didi Chuxing is close to launching a taxi-booking service in Japan

Volvo juggling XC60 production to avoid U.S. tariffs – CEO

PARIS, July 19 (Reuters) – Volvo Cars (IPO-VOLVO.ST) is shifting XC60 SUV production for the U.S. market to Europe from China to avoid Washington’s new tariffs on Chinese imports, the Swedish carmaker said. Volvo, owned by China’s Geely, currently builds the compact XC60 in Sweden for European customers and in China for other markets including… Continue reading Volvo juggling XC60 production to avoid U.S. tariffs – CEO

Asahi Kasei to buy U.S. Sage Automotive for $1.06 bln

TOKYO (Reuters) – Japan’s Asahi Kasei Corp (3407.T) said on Thursday it would buy U.S. car interior maker Sage Automotive Interiors for $1.06 bln, including debt. Asahi Kasei said the acquisition is aimed at strengthening its position in the car interior market. It said it would disclose the impact of the acquisition on its earnings… Continue reading Asahi Kasei to buy U.S. Sage Automotive for $1.06 bln