VW Dieselgate woes continue after German court decision

The Volkswagen Group has been dealt a severe setback in its efforts to put a close to the diesel emissions scandal following a decision by Germany’s top court that may force it to compensate thousands of European customers. In a surprise ruling handed down on Friday, Germany’s Federal Court of Justice rebuked VW Group arguments… Continue reading VW Dieselgate woes continue after German court decision

Resurrected coachbuilder Hispano Suiza reveals supercar – Motor1 UK

The 20th century coachbuilder is back. Legendary Spanish coachbuilder Hispano Suiza has rolled out its latest creation – a Lamborghini-powered supercar with mind-bending performance figures. The Maguari HS1 GTC is a far cry from the luxury limos that the company built in the early 20th century. Named after a stork native to South America, the… Continue reading Resurrected coachbuilder Hispano Suiza reveals supercar – Motor1 UK

Volkswagen’s Gigafactory Plans Threatened By LG Chem Objections?

6 H BY MARK KANE LG Chem puts pressure on VW? According to the latest news from Germany, Volkswagen encountered a conflict with its lithium-ion battery supplier LG Chem, which threatens its plans to build its own battery gigafactories in Germany. Volkswagen entered into a partnership with SK Innovation to build a battery plant in… Continue reading Volkswagen’s Gigafactory Plans Threatened By LG Chem Objections?

Ford fuel economy, EPA ends talks, better hybrids, Audi ad: Today’s Car News

Mitsubishi Engelberg Tourer concept teaser
Ford opened an investigation into the way it conducts fuel economy tests. The EPA quit speaking to California in their dispute over emissions rules. Half of Consumer Reports top picks for 2019 include hybrids or plug-in cars. And Audi makes good on advertising the performance benefits of an electric car. All this and more on Green Car Reports.

After employees expressed concern in an internal tip-line, Ford opened an investigation into the way it conducts a key portion of federally mandated fuel-economy tests. If it finds problems, it could lead to revising fuel economy numbers of some of its models—or more.

After months of dispute over its proposal to rollback scheduled increases in emissions and fuel economy standards, the EPA ended its talks with California, which has already sued the agency over the change. “This is not a two-way negotiation,” Acting Administrator Andrew Wheeler said earlier this month.

Of the 10 cars on Consumer Reports' list of Top Picks for 2019, three are hybrids, and two come as plug-in or electric models. To have so many “electrified” models on the list shows how far hybrids have come. The large, luxurious Toyota Avalon Hybrid even gets better gas mileage than the tiny original Prius.

After its Super Bowl ad last month, Audi made a new commercial for its upcoming e-tron quattro SUV touting its performance climbing a ski slope.

Finally, with yet another electric concept scheduled to debut next month, the Geneva auto show is taking shape. The latest concept, from Mitsubishi, is an electric SUV that could be a new iteration of the e-Evolution concept it showed in Los Angeles last fall (and in Tokyo 18 months before), or an updated concept for the Outlander.

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Edited Transcript of ZIL2.DE earnings conference call or presentation 20-Feb-19 9:00am GMT

Preliminary 2018 Elringklinger AG Earnings Call Dettingen/Erms Feb 22, 2019 (Thomson StreetEvents) — Edited Transcript of ElringKlinger AG earnings conference call or presentation Wednesday, February 20, 2019 at 9:00:00am GMT TEXT version of Transcript ================================================================================ Corporate Participants ================================================================================ * Stefan Wolf ElringKlinger AG – Chairman of the Management Board & CEO * Thomas Jessulat ElringKlinger… Continue reading Edited Transcript of ZIL2.DE earnings conference call or presentation 20-Feb-19 9:00am GMT

Bosch enables emergency call outside the car

Bosch Service Solutions, a solution provider for mobility services, is expanding its eCall service beyond the car. Thanks to a new app users can trigger an automatically generated emergency call outside of a car, for example from a bicycle, electric scooter, motorcycle or bus. This is made possible through cooperation with American mobile security solutions… Continue reading Bosch enables emergency call outside the car

Autotalks and MediaTek cooperate to help car makers and Tier-1s integrate C-V2X and telematics securely and efficiently

MediaTek, a global semiconductor company that enables 1.5 billion connected devices a year, and Autotalks, a provider of V2X (Vehicle to Everything) communication solutions, are cooperating on integrating V2X and telematics. As part of the cooperation, the two companies have completed a joint reference design for Telematics Control Unit (TCU) integrated with a global V2X chipset.… Continue reading Autotalks and MediaTek cooperate to help car makers and Tier-1s integrate C-V2X and telematics securely and efficiently

FCA sets $14 million annual target compensation for CEO Manley: filing

FILE PHOTO: Fiat Chrysler Automobiles (FCA) CEO Mike Manley arrives at the memorial service held in honor of former CEO Sergio Marchionne in Turin, Italy, September 14, 2018. REUTERS/Massimo Pinca/File Photo DETROIT (Reuters) – Fiat Chrysler Automobiles NV (FCA) has set an annual compensation target for Chief Executive Officer Mike Manley consisting of pay, cash… Continue reading FCA sets $14 million annual target compensation for CEO Manley: filing

Magna Announces Fourth Quarter and 2018 Results and Raises Quarterly Cash Dividend by 11%

Fourth Quarter 2018 HighlightsRecord fourth quarter sales of $10.1 billion up 5% from the fourth quarter of 2017Cash from operations of $1.6 billionReturned $585 million to shareholders through share repurchases and dividendsRaised quarterly cash dividend by 11% to $0.365 per shareFull Year 2018 HighlightsRecord sales of $40.8 billion, up 12% from 2017Record diluted earnings per… Continue reading Magna Announces Fourth Quarter and 2018 Results and Raises Quarterly Cash Dividend by 11%