Category: Automotive

Volkswagen Group and industrial partners: new campaigns and new model for successful CNG mobility

News Press Release News Group Wolfsburg, 21 February 2018 Volkswagen Group and industrial partners: new campaigns and new model for successful CNG mobility New partnerships, new vehicle model, increased registration figures: The Volkswagen Group and its industrial partners from the areas of gas supply, grid operation and filling stations are once   …more

Continental and GIZ Committed to Sustainability in the Natural Rubber Supply Chain

Partnership will improve livelihoods of rubber tree farmers in Indonesia Tracking of the supply chain from the rubber cultivators to production will prevent deforestation Continental is consistently increasing sustainability activities in purchasing Hanover, February 21, 2018. Technology company Continental and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH are joining forces in a development partnership to… Continue reading Continental and GIZ Committed to Sustainability in the Natural Rubber Supply Chain

GM offers $2.8 billion investment in South Korea over 10 years: South Korea official

SEOUL (Reuters) – General Motors (GM.N) has proposed $2.8 billion fresh investment in South Korea over the 10 years as part of its plan to restructure its embattled Korean unit, a South Korean senior government official said. The official with direct knowledge of the matter added the U.S. carmaker had requested South Korea to inject… Continue reading GM offers $2.8 billion investment in South Korea over 10 years: South Korea official

120,000 employees: VW agrees with IG Metall in the domestic tariff dispute

Volkswagen plant 120,000 VW employees get higher wages. (Photo: AP) In collective bargaining for the approximately 120,000 employees of VW Group and unions have reached an agreement. This was announced by IG Metall on Wednesday morning after the fourth round of negotiations in Hanover. Details were not mentioned at first. Instead, IG Metall negotiators and… Continue reading 120,000 employees: VW agrees with IG Metall in the domestic tariff dispute

Poor cloud security let hackers mine cryptocurrency on Tesla’s dime

The strange new breed of malicious cryptocurrency miners spares no one, it seems: Tesla is the latest to be struck by this trendy form of hackery. A poorly secured cloud computing setup let them waltz right in. It’s only the latest example of several detected by cloud security outfit RedLock, which has tracked a series… Continue reading Poor cloud security let hackers mine cryptocurrency on Tesla’s dime

Hackers Hijacked Tesla’s Cloud to Mine Cryptocurrency

Cryptojacking only really coalesced as a class of attack about six months ago, but already the approach has evolved and matured into a ubiquitous threat. Hacks that co-opt computing power for illicit cryptocurrency mining now target a diverse array of victims, from individual consumers to massive institutions—even industrial control systems. But the latest victim isn’t… Continue reading Hackers Hijacked Tesla’s Cloud to Mine Cryptocurrency

UPDATE 1-VW bid to delay first U.S. diesel emissions trial rejected

FAIRFAX, Va. (Reuters) – A Virginia state court judge on Tuesday rejected a request by the U.S. unit of Volkswagen AG (VOWG_p.DE) to delay several of the company’s trials over excess emissions because of “inflammatory” comments made by a lawyer representing car owners that it fears will prejudice the jury. Fairfax County Circuit Court Judge… Continue reading UPDATE 1-VW bid to delay first U.S. diesel emissions trial rejected

BP Sees Electric Future With Oil Demand Peaking in 2030s

The future is electric for BP Plc, though it’s not giving up on oil just yet. The British company bumped up its forecast for electric vehicles by 80 percent to 180 million by 2035, according to an energy outlook released Tuesday. It expects a third of the miles driven in 2040 will be powered by… Continue reading BP Sees Electric Future With Oil Demand Peaking in 2030s