Category: Automotive

China’s Ningbo Jifeng Auto in talks to buy German partner Grammer in $872m deal

May 29, 2018 Ningbo Jifeng Auto Parts Co. affiliates are in talks to buy out partner Grammer AG in a possible deal that could value the German maker of vehicle seats at about 750 million euros ($872 million). The German company said in a stock exchange statement Tuesday that it had received an indicative proposal… Continue reading China’s Ningbo Jifeng Auto in talks to buy German partner Grammer in $872m deal

Altmarkkreis plans deployment of autonomous buses

Near Wolfsburg Autonomous buses should run | Autonomous Driving & Co navigation Return to content In the district of Altmarkkreis Autonomous vehicles operate. In the Altmarkkreis one plans a project with the use of autonomous vehicles for the public transport, This week you want to decide on a project at a meeting, where the focus… Continue reading Altmarkkreis plans deployment of autonomous buses

Hyundai Mobis emerges as key GM supplier with $1.1 bln deal

SEOUL, May 29 (Yonhap) — Hyundai Mobis Co., South Korea’s largest auto parts maker by sales, has emerged as a key supplier of General Motors Co. after it secured a US$1.1 billion deal to provide auto parts for eight years, the company announced Tuesday. The Detroit-based carmaker recently picked Hyundai Mobis as one of its… Continue reading Hyundai Mobis emerges as key GM supplier with $1.1 bln deal

Daimler may be the next automaker embroiled in a diesel scandal

Reuters/Fabian Bimmer VW might not be the only German car maker that has to deal with a full-fledged diesel emissions scandal. To start, Germany has ordered Daimler to recall Mercedes-Benz Vito diesel vans for allegedly cheating on emissions tests limiting nitrogen oxide output. The company has met with officials and now has until June 15th… Continue reading Daimler may be the next automaker embroiled in a diesel scandal

PSA Retail opens its first Opel dealership in Paris, France. A European expansion plan is in the pipeline

• Opel customers will now be served by a new dealership, located on Boulevard Lefebvre in the 15th arrondissement of Paris• Several other locations are scheduled to open in France by the end of 2018• A European expansion plan is currently in preparation A new Paris address serving Opel customers in the French capital PSA Retail is proud… Continue reading PSA Retail opens its first Opel dealership in Paris, France. A European expansion plan is in the pipeline

Car maker: The struggle for Opel’s future is a clash of civilizations

Opel in Ruesselsheim RüsselsheimOpel is a unique piece. The only constant in the car maker seems to be the crisis. While Volkswagen. BMW and Daimler despite the diesel scandal rushing from one sales record to the next and bring in dream returns crumble Opel Quarter by quarter the market shares. For almost 20 years, the… Continue reading Car maker: The struggle for Opel’s future is a clash of civilizations

Volkswagen Opening Three New Factories in China to Handle SUV, Electric Boom

Volkswagen AG is opening three new factories in China with its local partner FAW Group as it steps up efforts to maintain leadership in the world’s biggest auto market. Two of the new facilities will be in Tianjin and Foshan, VW said in an emailed statement, adding it opened one in Qingdao on Monday. The… Continue reading Volkswagen Opening Three New Factories in China to Handle SUV, Electric Boom

Reborn Jaguar XK to lead new Jag sports car family

Plans to relaunch the Jaguar XK are gathering momentum, with the firm’s head of product strategy confirming that it is working on a proposal for a whole family of sports cars. Hanno Kirner, who oversees product strategy for the next decade at Jaguar Land Rover (JLR), told Autocar the company remains committed to the sports… Continue reading Reborn Jaguar XK to lead new Jag sports car family