Category: Automotive

S.Korea stocks, won steady as US-N.Korea summit concludes

* KOSPI basically flat as Trump meets Kim in Singapore * N.Korea-exposed shares fall on profit-taking after rallies * Seoul markets closed just after Singapore summit ends * Trump, Kim sign document at landmark summit (Updates with closing figures) SEOUL, June 12 (Reuters) – South Korean shares and the won reacted calmly on Tuesday to… Continue reading S.Korea stocks, won steady as US-N.Korea summit concludes

Daimler has to recall hundreds of thousands of cars

In the diesel scandal, the pressure on Daimler increases: Transport Minister Andreas Scheuer ordered the recall of nearly 240,000 cars in Germany. There are even three times as many across Europe. Daimler Transporter Vito (Stock Image) Monday, 11.06.2018 18:38 clock Because of inadmissible defeat devices has Federal Transport Minister Andreas Scheuer (CSU) an official recall… Continue reading Daimler has to recall hundreds of thousands of cars

BMW says May sales of BMW, Mini vehicles dip due to China tariffs

FRANKFURT (Reuters) – BMW (BMWG.DE) said vehicle sales fell 2.1 percent in May, weighed down by China tariffs, the launch of a new model, and a 13.6 percent drop in German deliveries as cities like Hamburg started banning older diesel vehicles from key streets. BMW said plans to retool its China factory to produce the… Continue reading BMW says May sales of BMW, Mini vehicles dip due to China tariffs

Over a million BMW Group vehicles delivered in first five months of 2018

Munich. The BMW Group has sold more vehicles than ever before in the first five months of the year: more than a million customers worldwide have already taken delivery of their new BMW, MINI or Rolls-Royce vehicle in 2018 (1,003,573 / +1.6%). This record result was achieved despite the ongoing global ramp-up of BMW X3… Continue reading Over a million BMW Group vehicles delivered in first five months of 2018

Billions investment planned in Thuringia: Chinese are duping German industry with battery project

All articles and backgrounds 06/12/2018 Billions invested in Thuringia planned Chinese are duping German industry with battery project ford The Chinese battery giant CATL apparently wants to build a large production facility in Germany and invest up to one billion euros for it. News Agency reports “Bloomberg” and the “Thuringian General” According to the announcement… Continue reading Billions investment planned in Thuringia: Chinese are duping German industry with battery project

Audi CEO named suspect in diesel case

Karin Matussek, Bloomberg News Published 7:51 a.m. ET June 11, 2018 Rupert Stadler, CEO of Audi AG (Photo: Michael Sohn / AP) The head of Volkswagen AG’s Audi brand was named a suspect in a Munich probe of diesel rigging, placing another senior executive under a cloud of suspicion almost three years after the company… Continue reading Audi CEO named suspect in diesel case

Mobility and Electric Vehicles: A MOOC to help you form an opinion

Tuesday 05 June 2018 by Rachida Badri – CSR Rachida Badri Share on Twitter Share on Facebook Share on LinkedIn Share on Pinterest They came onto the automobile scene a decade ago, but not everyone is familiar with them yet. “They” are electric vehicles. They’re a textbook example of the emergence of new forms of… Continue reading Mobility and Electric Vehicles: A MOOC to help you form an opinion

Hyundai Indian output exceeds 8 mln units in 19 years

SEOUL, June 12 (Yonhap) — Hyundai Motor Co. said Tuesday the number of vehicles produced at its plant in India exceeded 8 million units in total. Hyundai’s plant in Chennai began operation in September 1998. The production line has become the carmaker’s second overseas operation to have churned out more than 8 million vehicles after… Continue reading Hyundai Indian output exceeds 8 mln units in 19 years