LEIPZIG (Germany) • A top German court yesterday ruled in favour of allowing major cities to ban the most heavily polluting diesel cars, a move set to hit the value of 12 million vehicles in Europe’s largest car market and probably force carmakers to pay for costly modifications. There has been a global backlash against… Continue reading German cities can ban diesel cars, top court rules
Category: Automotive
Such a deal? White House reports $3.9B contract with Boeing for Air Force One
Boeing will beef up two 747 jets to serve as Air Force One planes. (Boeing Illustration) The White House says President Donald Trump has struck an “informal deal” with Boeing on a $3.9 billion fixed-price contract for two new Air Force One planes. “Thanks to the president’s negotiations, the contract will save the taxpayers more… Continue reading Such a deal? White House reports $3.9B contract with Boeing for Air Force One
German court rules cities can ban diesel cars to tackle pollution
Germany Landmark ruling could cause traffic chaos and dramatically hit the value of diesel vehicles Greenpeace activists outside the court in Leipzig, where they argued cities have a duty to cut pollution to protect people’s health. Photograph: Fabrizio Bensch/Reuters Millions of heavily polluting vehicles could eventually disappear from roads across Germany after its top administrative… Continue reading German court rules cities can ban diesel cars to tackle pollution
Upgrade in the business class: the new Audi A6 Sedan
With the new A6, Audi is presenting the eighth generation of its successful full-size Sedan and brings numerous innovations to the segment. Whether in terms of digitalization, comfort or sportiness – the elegantly sculptured Audi A6 is the multitalent in the luxury class. The all-digital MMI touch response system provides intuitive operation. The extensive connectivity… Continue reading Upgrade in the business class: the new Audi A6 Sedan
Hyundai’s Kona Electric SUV boasts a 292-mile range
Hyundai Hyundai’s newly bolstered EV strategy might be off to a good start. It just unveiled the Kona Electric, an adaptation of its crossover SUV that promises to combine both ample space with meaningful performance. The base edition’s 186-mile range and 9.3-second 0-62MPH time won’t raise eyebrows, but a long-range version can muster a 292-mile… Continue reading Hyundai’s Kona Electric SUV boasts a 292-mile range
General Motors Announces Public Secondary Offering of Common Stock by the VEBA Trust
General Motors Co. (NYSE: GM) today announced that the UAW Retiree Medical Benefits Trust (the “Selling Stockholder” or “the VEBA Trust”) intends to offer for sale 40 million shares of GM common stock in an underwritten secondary offering. The Selling Stockholder will receive all of the proceeds from this offering. No shares are being sold… Continue reading General Motors Announces Public Secondary Offering of Common Stock by the VEBA Trust
BMW says in-car digital assistants have to go beyond being ‘Echo Dots in a cup holder’
BMW wants to bring personal assistants to the car, but it doesn’t want to build its own. Instead, it wants to work with Amazon, Google, Microsoft and others to bring the best features of their platforms to its cars. “We don’t want Alexa to drive our car. That’s not a good fit,” Dieter May, BMW’s… Continue reading BMW says in-car digital assistants have to go beyond being ‘Echo Dots in a cup holder’
FITCH UPGRADES FAURECIA TO ‘BB+’ WITH STABLE OUTLOOK
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Soon California’s Autonomous Cars Will Drive All on Their Own
In Brief California’s DMV just lifted restrictions prohibiting manufacturers from testing driverless vehicles without a human behind the wheel. This move puts us one step closer to a future in which human drivers are no longer a part of the transportation equation. Fully Driverless Vehicles California’s Department of Motor Vehicles (DMV) is making it easier… Continue reading Soon California’s Autonomous Cars Will Drive All on Their Own
Geely Held Informal Talks With Fiat Chrysler Before Daimler Deal
Zhejiang Geely Holding Group Co. held informal talks about the potential takeover of Fiat Chrysler Automobiles NV before the Chinese manufacturer turned its attention toward Daimler AG, according to people familiar with the matter. Li Shufu, the Chinese billionaire who controls Geely, approached the Italian-American carmaker in the middle of last year as he was… Continue reading Geely Held Informal Talks With Fiat Chrysler Before Daimler Deal