Category: Automotive

Driving an electric car costs half as much as gasoline

Electric vehicles cost less than half that of gasoline, according to a study about fuel costs published on Thursday by the University of Michigan. The average cost to operate an electric vehicle in the United States is $ 485 per year, while the average for a gasoline vehicle is 1,117, according to the study by… Continue reading Driving an electric car costs half as much as gasoline

DENSO, Toshiba Digital Solutions, and Toshiba Information Systems Conclude a Capital Alliance Agreement to Enhance Development of Embedded Software for In-vehicle Products

DENSO Corporation, Toshiba Digital Solutions Corporation, and Toshiba Information Systems (Japan) Corporation have concluded a capital alliance agreement in which DENSO acquires 20% of the total number of shares issued by Toshiba Information Systems. The auto industry is changing in a way that requires ever-more complicated and advanced technologies, such as connectivity, autonomous driving, shared… Continue reading DENSO, Toshiba Digital Solutions, and Toshiba Information Systems Conclude a Capital Alliance Agreement to Enhance Development of Embedded Software for In-vehicle Products

Auto1 says no need for IPO after Softbank invests

By Nadine Schimroszik BERLIN, – German used-car dealing platform Auto1 said a 460 million euro ($561 million) financial infusion from Japan’s Softbank meant it was under no pressure to launch an initial public offering to fund its pan-European growth plans. Softbank, through its Vision Fund, will make around half of its investment via new shares,… Continue reading Auto1 says no need for IPO after Softbank invests

Feu vert au Paul Ricard pour la gamme de pneus MICHELIN Endurance slick 2014

Les 28 et 29 mars, Michelin a mis à l’épreuve sa nouvelle gamme de pneus lors du Prologue du Championnat du Monde d’Endurance (FIA WEC), sur le circuit Paul Ricard (Le Castellet, France). Le comportement des nouveaux pneumatiques a été analysé dans les moindres détails par les ingénieurs de MICHELIN Motorsport et par son directeur… Continue reading Feu vert au Paul Ricard pour la gamme de pneus MICHELIN Endurance slick 2014

Fiat Chrysler’s Marchionne: The Future of Cars Will Be Electric and Commoditized

Sergio Marchionne, one of the longest-serving CEOs in the auto industry, has a stark warning: Carmakers have less than a decade to reinvent themselves or risk being commoditized amid a seismic shift in how vehicles are powered, driven and purchased. Developing technologies like electrification, self-driving software and ride-sharing will alter consumers’ car-buying decisions within six… Continue reading Fiat Chrysler’s Marchionne: The Future of Cars Will Be Electric and Commoditized

Billions for Auto1: Berlin start-up in the world’s top – how Auto1 works

01/15/2018 Billions valuation for Auto1 “And then came grandma” By Claus Gorgs Kai Müller for manager magazin From zero to 2.9 billion: Hakan Koç (l.) And Christian Bertermann manage one of the most valuable start-ups worldwide The Berlin start-up has become Europe’s largest used car dealer in only five years. The investment by Softbank billionaire… Continue reading Billions for Auto1: Berlin start-up in the world’s top – how Auto1 works

Nissan showcases Electric Ecosystem designed to deliver the future of driving today

World leading electric vehicle company takes over Tenerife for a month to share its vision of zero emissions future More than 12,000 new Nissan LEAF customer orders in Europe in just 90 days Nissan e-NV200 with new battery giving businesses an extra 100km of range on sale from spring 2018   Tenerife, Canary Islands (January… Continue reading Nissan showcases Electric Ecosystem designed to deliver the future of driving today

Snows Group buys Portfield in Chichester

Snows Group has hit the acquisition trail buying Portfield in Chichester,which represents Citroën, Mazda and Peugeot (pictured) brands in the city. A Toyota franchise dealership is also being developed for the site. The deal also includes Portfield Part Exchange Centre Bognor Regis, which will become Snows’10th specialist used car outlet under the banner Too Good… Continue reading Snows Group buys Portfield in Chichester

UPDATE 1-Auto1 says no need for IPO after Softbank invests

BERLIN (Reuters) – German used-car dealing platform Auto1 said a 460 million euro ($561 million) financial infusion from Japan’s Softbank meant it was under no pressure to launch an initial public offering to fund its pan-European growth plans. Softbank, through its Vision Fund, will make around half of its investment via new shares, valuing Auto1… Continue reading UPDATE 1-Auto1 says no need for IPO after Softbank invests