UPDATE 3-Tesla’s Musk calls Wall Street snub ‘foolish’ but defends his behavior

(Reuters) – Tesla Inc (TSLA.O) Chief Executive Officer Elon Musk acknowledged on Friday that it was “foolish” of him to snub analysts on a conference call earlier in the week, but further needled Wall Street with a series of accusatory tweets. In a post-earnings call on Wednesday, Musk refused to answer questions from analysts on… Continue reading UPDATE 3-Tesla’s Musk calls Wall Street snub ‘foolish’ but defends his behavior

Tesla’s Favorite Autopilot Safety Statistic Doesn’t Hold Up

For more than a year, Tesla has defended its semiautonomous Autopilot as a vital, life-saving feature. CEO Elon Musk has lambasted journalists who write about crashes involving the system. “It’s really incredibly irresponsible of any journalists with integrity to write an article that would lead people to believe that autonomy is less safe,” he said… Continue reading Tesla’s Favorite Autopilot Safety Statistic Doesn’t Hold Up

UPDATE 1-Motor racing-Agag makes 600m euro bid for Formula E

LONDON (Reuters) – Formula E founder and chief executive Alejandro Agag has made a 600 million euro ($716.34 million) bid to take full ownership of the company, the all-electric series said on Friday. FILE PHOTO: Alejandro Agag, Formula E CEO, speaks during an interview with Reuters ahead of round four of the Formula E championship… Continue reading UPDATE 1-Motor racing-Agag makes 600m euro bid for Formula E

VW’s version of the single adversaries fizzles

The indictment of US justice against the former VW boss Martin Winterkorn contradicts the previous defense strategy of the car company. What did the then leadership know about diesel fraud? VW plant in Wolfsburg (archive) Friday, 04.05.2018 16:53 clock This Thursday should actually be a liberation for Volkswagen. The new CEO Herbert Diess promised his… Continue reading VW’s version of the single adversaries fizzles

BMW develops new electric personal mover concept for staffers

The BMW Group has developed a new kind of micro-mobility concept for employees. The Personal Mover Concept – an electric one-person means of transport for covering short distances within an operating site – can be used for personal transportation both inside buildings and outside and is also suitable for carrying objects. Employees at BMW Group plants… Continue reading BMW develops new electric personal mover concept for staffers

Exclusive: 2040 UK ban on sale of new combustion-engined cars set to be confirmed

The Government will ban the sale of new cars that achieve less than 50 miles of electric range from 2040, Autocar can exclusively reveal. The plan, called Road to Zero and set to be unveiled imminently, follows on from last year’s announcement that it would ban all diesel and petrol cars in the UK by that year,  as… Continue reading Exclusive: 2040 UK ban on sale of new combustion-engined cars set to be confirmed

All new Vauxhall Mokka X on track for 2019 launch

Vauxhall is about to undergo a major range revamp under its new owner, PSA, with a fresh Corsa due within the next 18 months. And soon after the supermini’s arrival there will be another key debut: the second generation of the Vauxhall Mokka X. Due in 2020, the Mokka will switch to the same PSA… Continue reading All new Vauxhall Mokka X on track for 2019 launch

Glickenhaus Teases SCG004 Race And Road Cars For 2020 Debut

In racing trim, the model features a big wing and a whole lot of slits in the body. Scuderia Cameron Glickenhaus has unveiled a fresh teaser of its upcoming SCG004C for racing in GTE, GT3, or GT4 classes. According to the automaker, this competition version and the hardcore, road-legal CS variant will both go on sale for… Continue reading Glickenhaus Teases SCG004 Race And Road Cars For 2020 Debut

Audi shows all-electric e-tron quattro SUV’s towing capability by pulling trailer with new electric race car

Audi is trickling down information about its upcoming all-electric e-tron quattro SUV, which is supposed to hit the market by the end of the year. Now, they’ve released images of the vehicles towing a trailer with its new e-tron Vision Gran Turismo electric race car to show it has a towing capacity. Home Solar Power In recent… Continue reading Audi shows all-electric e-tron quattro SUV’s towing capability by pulling trailer with new electric race car

Industrial dispute in Rüsselsheim: IG Metall does not expect soon Opel collective bargaining

Soon agreement in the Opel wage dispute not in sight The plans for the German Opel locations should not be dictated unilaterally, says Gesamt-Betriebsratschef Wolfgang Schäfer-Klug. (Photo: AP) In the dispute over the future of Opel The IG Metall has responded to signals from PSA chief Carlos Tavares. The head of the district center, Jörg… Continue reading Industrial dispute in Rüsselsheim: IG Metall does not expect soon Opel collective bargaining