Published 1/29/2018 12:48:47 PM MADRID, Jan. 29 (EUROPA PRESS) – The Japanese car company Mitsubishi has overcome the barrier of 100,000 units sold of the plug-in PHEV hybrid version of its Outlander model in the European market, since it was put on sale four years ago, the company said in a statement. The company explained… Continue reading Mitsubishi surpasses the 100,000 units sold in Europe from the plug-in hybrid Outlander
Category: Automotive
DriveNow becomes wholly-owned subsidiary of BMW Group
Munich. With the acquisition of Sixt SE’s stake in DriveNow, the BMW Group continues its systematic development as a customer-centric mobility company. Today’s signing is subject to approval by antitrust authorities. With this move, the world’s leading provider of premium mobility is offering customers efficient, sustainable mobility solutions from a single source. The rapidly growing… Continue reading DriveNow becomes wholly-owned subsidiary of BMW Group
First electric Volvo to be an all-new hatchback due in 2019
Inspired by Volvo 40.2 concept (pictures) The 40.2 continued a theme first seen with the 40.1 The 40.1 concept (right) heavily inspired the XC40 (left) Volvo will launch an all-electric hatchback in 2019. Volvo’s first stand-alone electric car will be a production version of the 40.2 concept seen in May last year, Autocar UK can reveal.… Continue reading First electric Volvo to be an all-new hatchback due in 2019
VW supervisory board members demand inquiry into diesel fume tests on monkeys
FRANKFURT (Reuters) – Members of Volkswagen’s supervisory board have called for an inquiry into tests in which monkeys were exposed to toxic diesel fumes, German media reported on Monday. The New York Times reported on Friday that German carmakers had used the European Research Group on Environment and Health in the Transport Sector, also known… Continue reading VW supervisory board members demand inquiry into diesel fume tests on monkeys
German Carmakers Take Another Hit With Diesel Testing on Humans
Diesel’s reputation took another blow amid revelations that Germany’s auto industry sponsored tests that exposed humans as well as monkeys to the fuel’s exhaust fumes, which can cause respiratory illness and cancer. The study, supported by a little-known group founded by Volkswagen AG, Daimler AG and BMW AG in 2007, had 25 people breathe in… Continue reading German Carmakers Take Another Hit With Diesel Testing on Humans
Opel Continues Export Offensive
Opel Continues Export Offensive 2018-01-29 New importers for Morocco and Tunisia announced Sales growth outside Europe at the core of PACE! plan Rüsselsheim. Opel is systematically continuing its export offensive. The company has successfully signed agreements with renowned sales partners for the fast-growing Moroccan market as well as Tunisia. The new setup will strengthen Opel’s… Continue reading Opel Continues Export Offensive
LeddarTech Inc. and OPTIS Announce LiDAR Simulation Partnership
LeddarTech Inc. and OPTIS Announce LiDAR Simulation PartnershipPhillip Keane posted on January 27, 2018 | 857 views Virtual prototyping company OPTIS has announced a partnership with LeddarTech Inc., the developer and owner of Leddar, a patented digital signal processing technology used in automotive solid-state LiDARs. The partnership will see the development of LiDAR simulation software geared… Continue reading LeddarTech Inc. and OPTIS Announce LiDAR Simulation Partnership
DriveNow will be owned by BMW alone
BMW buys the partner Sixt their shares in the joint car sharing provider DriveNow from. The move could pave the way for a possible merger of BMW and Daimler car sharing services. Getty Images DriveNow Mini Monday, 29.01.2018 14:41 clock The car-sharing service DriveNow should in the future belong to BMW alone. The car rental… Continue reading DriveNow will be owned by BMW alone
Didi Chuxing aims to be smart transportation provider
Cheng Wei, founder and CEO of Didi Chuxing, gave a speech at a smart transportation summit held in Beijing on Jan 25, 2018. [Photo provided to chinadaily.com.cn] Chinese ride-hailing juggernaut Didi Chuxing is now targeting AI and smart transportation innovation, as part of its broader efforts to build a comprehensive mobility platform as well as… Continue reading Didi Chuxing aims to be smart transportation provider
Honeywell Reports Strong Fourth Quarter And 2017 Results, Raises 2018 Guidance To Reflect Lower Tax Rate
• Exceeded Fourth-Quarter Earnings Per Share Guidance on Stronger Margins• Fourth-Quarter Reported Sales Up 9%; Organic Sales Up 6%, Driven by Strength in Aerospace Aftermarket, UOP, Advanced Materials, and Intelligrated• Segment Margin Expansion Driven by Strong Top-Line Growth, Productivity, and Repositioning Benefits• Fourth-Quarter Operating Cash Flow of $2.2B; Free Cash Flow of $1.8B, Conversion of… Continue reading Honeywell Reports Strong Fourth Quarter And 2017 Results, Raises 2018 Guidance To Reflect Lower Tax Rate