Cummins Reveals New Lithium-Ion Battery Lineup

9 M BY MARK KANE Cummins presented at the Battery Show Europe in Germany its latest battery modules and packs for electric and hybrid vehicles. Cummins BP35E (35 kWh battery pack) The company, mostly known for its diesel engines, is now investing $500 million into electrification over three years. It announced powertrain/battery products for trucks, buses… Continue reading Cummins Reveals New Lithium-Ion Battery Lineup

Michelin goes to war against planned obsolescence

At the end of the track, all four vehicles are ready. If they look identical at first sight, in reality, they are not quite. Two of them are equipped with “premium” tires (graded A), and the two others with “budget” tires, of lower quality (graded C). And for each of the two categories, one set… Continue reading Michelin goes to war against planned obsolescence

Soccer-South Korea squad for World Cup

SEOUL, June 2 (Reuters) – South Korea coach Shin Tae-yong selected the following 23-man squad for the World Cup finals on Saturday. Goalkeepers: Kim Seung-gyu (Vissel Kobe), Kim Jin-hyeon (Cerezo Osaka), Cho Hyun-woo (Daegu FC) Defenders: Kim young-gwon (Guangzhou Evergrande), Jang Hyun-soo (FC Tokyo), Jung Seung-hyun (Sagan Tosu), Yun Yong-sun (Seongnam FC), Oh Ban-suk (Jeju… Continue reading Soccer-South Korea squad for World Cup

Non, la Chine ne rachète pas la France !

La France investit bien plus en Chine que les Chinois sur notre sol. Au niveau mondial, notre pays est loin d’être la terre d’accueil privilégiée des investisseurs chinois. Nous avons tort de nous en réjouir. Vous aimez cet article ? Partagez le ! Par Steven Zunz. L’année 2018 pourrait bien marquer le début d’un regain… Continue reading Non, la Chine ne rachète pas la France !

Deripaska Plans Auto Stake Sale to Lift Sanctions

Russian billionaire Oleg Deripaska is discussing selling part of his automotive business to minority investors, including former Magna International Inc. chief Siegfried Wolf, as part of a plan to end sanctions on the company. Deripaska is in talks with Wolf, whom he has known for more than a decade, about selling a portion of his… Continue reading Deripaska Plans Auto Stake Sale to Lift Sanctions

Lyft is reportedly close to buying the company behind Citi Bike

Ramin Talaie/Corbis via Getty Images Lyft might not sit idle while Uber leaps into the bike sharing space. The Information sources have claimed that Lyft is close to acquiring Motivate, the bike sharing behemoth responsible for New York City’s Citi Bikes and San Francisco’s Ford GoBikes. Neither company has agreed to comment on the move… Continue reading Lyft is reportedly close to buying the company behind Citi Bike

Alfa Romeo Lures Drivers Bored With BMW in US Luxury Expansion

LISTEN TO ARTICLE SHARE THIS ARTICLE Fiat Chrysler Automobiles NV plans to take a bigger bite out of the U.S. luxury market by filling up its Alfa Romeo brand’s model lineup. As part of an ambitious five-year plan that Sergio Marchionne unveiled Friday outside Turin, Italy, the chief executive revealed that Alfa Romeo has seven… Continue reading Alfa Romeo Lures Drivers Bored With BMW in US Luxury Expansion

UPDATE 4-Marchionne ramps up SUVs as prepares to hand over Fiat Chrysler wheel

BALOCCO, Italy (Reuters) – Fiat Chrysler’s (FCHA.MI) departing Chief Executive Sergio Marchionne delivered a plan on Friday to ramp up sport utility vehicles and invest 9 billion euros ($10.5 billion) in electric and hybrid cars in a bid to double operating profit by 2022. FILE PHOTO: 2015 Jeep Grand Cherokee are exhibited on a car… Continue reading UPDATE 4-Marchionne ramps up SUVs as prepares to hand over Fiat Chrysler wheel

Alfa Romeo to Challenge Ferrari, Porsche With a New Supercar

LISTEN TO ARTICLE SHARE THIS ARTICLE Alfa Romeo announced on Friday that it will produce a supercar that could go up against the likes of Ferrari, McLaren, and Porsche. The upcoming coupe, which will be called the 8C, will run on a turbo-charged mid-engine, using an all-wheel-drive electric drive system. Total output will equal at least 700 horsepower,… Continue reading Alfa Romeo to Challenge Ferrari, Porsche With a New Supercar

Ford Motor Co’s Canada auto sales slide in May

June 1 (Reuters) – Ford Motor Co on Friday reported a 3.3 percent drop in Canadian auto sales in May. Total car sales for the month slumped 17.4 percent to 4,634 from a year earlier, while total trucks sales fell marginally to 28,723. (Reporting by Taenaz Shakir in Bengaluru; Editing by Anil D’Silva) Go to… Continue reading Ford Motor Co’s Canada auto sales slide in May