Photo via Flickr. Electric Scooter Insider has unveiled that electric scooters may not be as good for the environment as they lead on to believe. The site reviews and recommends the best electric scooters to consumers and has uncovered the truth behind the real environmental impact of electric scooters. Electric Scooter Insider calculated the CO2… Continue reading Electric Scooters Aren’t Zero Emissions
Category: Automotive
PSA-Opel savings drive new profit record, defying slump
PARIS (Reuters) – French carmaker PSA Group (PEUP.PA) delivered a sharp increase in first-half profit, defying a global industry downturn as new models and cost savings from the integration of Opel-Vauxhall more than made up for weaker emerging market sales. FILE PHOTO: The new Peugeot 208 GT is displayed at the 89th Geneva International Motor… Continue reading PSA-Opel savings drive new profit record, defying slump
In brief: Tencent, Alibaba-backed ride-hailing firm T3 Chuxing starts operations
T3 Chuxing’s other backers include retail firm Suning and carmakers Chongqing Changan, Dongfeng Motor Group, and China FAW Group. Go to Source
Press Releases – Commercial vehicle registrations: +5.8% first half of 2019; +2.8% in June
Brussels, 24 July 2019 – In June 2019, demand for new commercial vehicles in the EU remained positive (+2.8%), marking the sixth consecutive month of growth. Total new commercial vehicles In June 2019, demand for new commercial vehicles in the EU remained positive (+2.8%), marking the sixth consecutive month of growth. The truck and bus… Continue reading Press Releases – Commercial vehicle registrations: +5.8% first half of 2019; +2.8% in June
PSA Group profit jumps on pricing, Opel synergies
FILE PHOTO: The Peugeot logo is pictured on the new Peugeot 508 before a news conference of PSA Group to announce the company’s 2017 annual results at their headquarters in Rueil-Malmaison, near Paris, France, March 1, 2018. REUTERS/Benoit Tessier/File Photo PARIS (Reuters) – French carmaker PSA Group (PEUP.PA) delivered a sharp increase in first-half profit,… Continue reading PSA Group profit jumps on pricing, Opel synergies
Daimler reports second-quarter 2019 results
STUTTGART, Germany, July 24, 2019 /PRNewswire/ — Revenue up 5% to €42.7 billion (Q2 2018: €40.8 billion) Group EBIT of minus €1.6 billion (Q2 2018: plus €2.6 billion) Net loss of €1.2 billion (Q2 2018: net profit of €1.8 billion) Portfolio review and efficiency programs intensified Significant improvement of EBIT and free cash flow in… Continue reading Daimler reports second-quarter 2019 results
Uber Freight launches in Germany, faces local competition
FRANKFURT (Reuters) – U.S. ride-hailing company Uber (UBER.N) is launching a freight platform in Germany, taking on local technology startups in a race to grab a share of Europe’s $500 billion trucking market. FILE PHOTO: A screen displays the company logo for Uber Technologies Inc. on the day of it’s IPO at the New York… Continue reading Uber Freight launches in Germany, faces local competition
Alibaba, Tencent-backed ride-hailing app T3 Chuxing goes live in China
A new competitor in the ride-hailing market has emerged to challenge the pole position held by long-time player Didi Chuxing – T3 Chuxing. T3 Chuxing was unveiled by its operator Nanjing Lingxing Technology Company Limited in Nanjing on Monday, according to a statement by the startup. Its mobile app went online on July 17 and… Continue reading Alibaba, Tencent-backed ride-hailing app T3 Chuxing goes live in China
Six VW Electric Models To Be Produced In Zwickau: 330,000 Annually
Volkswagen Zwickau will be one of the biggest electric car plants in the world. Volkswagen Group, since the summer of 2018 on, has been busy with the modernization of the production lines in Zwickau plant in Germany, which is set to become a massive all-electric car factory. The German manufacturer says that through an investment… Continue reading Six VW Electric Models To Be Produced In Zwickau: 330,000 Annually
Tesla Goes Patent Crazy With Huge Casting Machine For Model Y
Will we ever see such a tool working to create entire car frames? After the presentation of the Model 3, it seems the Model Y did not get that much love from the audience. But it surely got it from Tesla. The compact SUV may be the first Tesla product to have not only a… Continue reading Tesla Goes Patent Crazy With Huge Casting Machine For Model Y