Order stop for environmentally friendly cars at VW

Monday, 08/06/2018 10:36 clock Customers who buy a VW buying a car planning, you have to expect trouble. For models with hybrid and natural gas drive currently no orders would be accepted, said a VW spokesman. Previously, the “Welt am Sonntag” had reported on the topic. Reason for the stop are problems with new exhaust… Continue reading Order stop for environmentally friendly cars at VW

No need to buy a Cadillac, Mercedes-Benz or Volvo when you can simply subscribe

In a world awash in hassles, this seemed like a dream come true. A near-new Cadillac delivered to your home, office or wherever else you’d like. No insurance or maintenance to worry about. If there are issues, a “concierge” is an email or phone call away. Grow tired of the car? Just go to the… Continue reading No need to buy a Cadillac, Mercedes-Benz or Volvo when you
can simply subscribe

Tesla stock jumps on Musk’s tweet that he is considering taking company private; unclear if tweet is legitimate

Then Musk’s account tweeted “Good Morning” with a smiley-face emoji at about 1:30 p.m. ET. Good Morning The stock jumped as high as $371.15 and then came back as traders began to question the legitimacy of the tweet. It was last at about $358, already up more than 5 percent on the day because of… Continue reading Tesla stock jumps on Musk’s tweet that he is considering
taking company private; unclear if tweet is legitimate

Saudi sovereign fund PIF has bought a below 5 percent stake in Tesla: source

DUBAI (Reuters) – Public Investment Fund, Saudi Arabia’s sovereign wealth fund, has bought a minority stake in Tesla (TSLA.O) at just below 5 percent, a source familiar with the matter said on Tuesday. FILE PHOTO: A Tesla sales and service center is shown in Costa Mesa, California, U.S., June 28, 2018. REUTERS/Mike Blake/File Photo PIF… Continue reading Saudi sovereign fund PIF has bought a below 5 percent stake in Tesla: source

Scale, whose army of humans annotate raw data to train self-driving and other AI systems, nabs $18M

The artificial intelligence revolution is underway in the world of technology, but as it turns out, some of the most faithful foot soldiers are still humans. A startup called Scale, which works with a team of contractors who examine and categorise visual data to train AI systems in a two-sided marketplace model, announced that it… Continue reading Scale, whose army of humans annotate raw data to train self-driving and other AI systems, nabs $18M

Opel drives back production

D he acquired from the French PSA group carmaker Opel makes the ribbons run slower in some production plants. The reason is lower sales expectations for the Opel models in the coming months. At the main plant in Rüsselsheim, the number of cycles is expected to fall from 55 to 42 vehicles per hour after… Continue reading Opel drives back production

End of a cartel

The cartel allegations against Audi, BMW, Daimler, Porsche and VW destroy the confidence of politics in the industry DER SPIEGEL 2017/31 revelations For decades, politicians and the auto industry have messed with each other. Since the cartel allegations against Daimler, BMW, Audi, Porsche and Volkswagen everyone is fighting against everyone. Now Bosch is under suspicion.… Continue reading End of a cartel

The dark side of power

The government has delivered itself with skin and hair of the automobile industry, that is the shocking realization of the Diesel summit. Politics allow corporations to continue to shirk their responsibilities. For how much longer? Angela Merkel has the talent to be in the right place at the right time. Currently the right place is… Continue reading The dark side of power

Do not contradict

The major car manufacturers have agreed on a common software for the AdBlue dosage. One goal: to deceive the US authorities. Sometimes a few e-mails are enough to distress a global corporation. “No one wants to report the true motivation to the authorities (CARB, EPA),” says an electronic presentation sent by a VW manager after… Continue reading Do not contradict

BMW recalls 324,000 cars in Europe after Korean engine fires -FAZ

FRANKFURT (Reuters) – German luxury carmaker BMW (BMWG.DE) is recalling about 324,000 diesel vehicles in Europe to fix a technical fault that has caused engine fires in South Korea, German newspaper Frankfurter Allgemeine Zeitung (FAZ) said. FILE PHOTO: The logo of German car manufacturer BMW is seen on the bonnet of a vehicle covered with… Continue reading BMW recalls 324,000 cars in Europe after Korean engine fires -FAZ