Category: Automotive

Former Audi boss charged in VW dieselgate scandal

German authorities have charged the former boss of Audi with fraud as part of an investigation into the VW emissions-cheating scandal. Rupert Stadler is also accused of false certification and criminal advertising practices. Prosecutors claim he knew that hundreds of thousands of Audi, Porsche and VW cars contained software designed to cheat pollution tests, yet… Continue reading Former Audi boss charged in VW dieselgate scandal

Fresco Reverie Electric Sedan Is Norway’s Answer To EV Invasion

The company expects to present the electric sedan by 2021. Norway is the country that loves EVs the most so far. Not in terms of volumes, which are relatively low, but in what relates to market share. Norway also never had a major automaker, but that may change soon if Fresco Motors manages to materialize… Continue reading Fresco Reverie Electric Sedan Is Norway’s Answer To EV Invasion

Samsung SDI Increases Battery Sales. Expects Strong Second Half

Samsung SDI is gradually increasing battery sales and soon could experience a significant boost thanks to new EV/PHEV models. South Korean lithium-ion battery manufacturer Samsung SDI released Q2 financial results, which hints at sustained growth of battery sales, general revenues and net profits. Sales of the “Large-sized LIB” were recently driven up thanks to “key… Continue reading Samsung SDI Increases Battery Sales. Expects Strong Second Half

Sydney-founded Splend moves to London to bring eco-friendly, affordable cars to ride-share drivers

Being an on-demand driver is a stressful job. Founded in Sydney, Splend aims to making life easier for ride-share drivers, providing them with eco-friendly, affordable cars as well as support and insurance to help them earn more, improve their ratings, and enjoy their jobs more.

The Australian-founded company has relocated its HQ to London and opened a comprehensive support centre for the 90,000 drivers working in the capital for apps like Uber, Bolt, Kapten and ViaVan.

More than just a car supplier, Splend provides resources and a community for drivers. Splend’s new driver hub, a 2,300 square metre facility in Cricklewood, enables members to collect their cars, catch up with their personal account manager, sign up for insurance, receive analytics and advanced driver training, and join community events.

“Ride-sharing can be a tough gig,” said Chris King, CEO and founder. “Splend exists to help drivers succeed by making sure on-demand driving works for them – not the other way around..

Fiat Chrysler CEO says it has strong momentum into H2

MILAN, July 31 (Reuters) – Fiat Chrysler enters the second half of the year with strong momentum, especially in North America and Latin America, Chief Executive Mike Manley said on Wednesday. Speaking after the group’s second quarter results, he said the company expected pricing pressure in China in the third quarter. (Reporting by Giulio Piovaccari… Continue reading Fiat Chrysler CEO says it has strong momentum into H2

Fiat Chrysler defies slowdown thanks to North America performance

MILAN (Reuters) – Fiat Chrysler (FCHA.MI) (FCAU.N) took the market by surprise by sticking to its full-year profit guidance on Wednesday after a strong performance from its RAM pick-up brand in North America helped it to defy an industry slowdown. FILE PHOTO: Fiat Chrysler Automobiles (FCA) unveils the 2019 RAM Power Wagon pick up truck… Continue reading Fiat Chrysler defies slowdown thanks to North America performance

Avis enlists Israeli startup to turn rental car data into cash

(Reuters) – Avis Budget Group Inc has enlisted an Israeli startup to help turn data from its car rental fleet into cash, as more auto industry players look to tap a potential $750 billion market for vehicle information. The U.S. car rental company, which owns the Avis, Budget and Zipcar brands, is linking its global… Continue reading Avis enlists Israeli startup to turn rental car data into cash