SEOUL, April 25 (Yonhap) — U.S. activist fund Elliott Management has demanded Hyundai Motor Co. and its two affiliates remove a clause that makes it possible for the three firms to avoid a cumulative voting system to pick board members, an industry source said Wednesday. Elliott Management, which revealed earlier this month that it holds… Continue reading Activist Elliott demands Hyundai Motor encourage cumulative voting
Category: Automotive
50% of the cars sold by Volvo in 2025 will be electric
Posted 04/25/2018 11:23 PM: 37CET GÖTEBORG (SWEDEN), 25 Apr (EUROPA PRESS) – The Swedish automotive firm Volvo Cars expects 50% of its worldwide registrations to correspond to electric vehicles for the year 2025, according to the company, which affirmed that its new models launched since 2019 will have medium hybrid, plug-in hybrid and 100% hybrid… Continue reading 50% of the cars sold by Volvo in 2025 will be electric
DB Schenker tests Einride vehicle
The logistics group DB Schenker will test an Autonomous E-vehicle from Einride in Sweden. The company belonging to the railway, DB Schenker, is planning a test with Einride Vehicles off Sweden, DB Schenker Einride. Source: di.se Einride is a startup from Sweden, already with Lidl cooperates and now follows the cooperation partner DB Schenker. Starting… Continue reading DB Schenker tests Einride vehicle
Press Releases – Urban vehicle access regulations require EU stakeholder dialogue
Brussels, 25 April 2018 – Representatives of European cities and automobile manufacturers call on the European Commission to continue to support the ongoing dialogue between all players involved in urban vehicle access regulations (UVARs). Dialogue is necessary to assess the impact of UVARs on mobility, and to achieve a more coordinated approach across the EU.… Continue reading Press Releases – Urban vehicle access regulations require EU stakeholder dialogue
BMW will export from China a 100% electric SUV
In the electric, BMW put on China. And for good reason, according to its local partner, Brilliance China Automotive, the German manufacturer of luxury cars plans to produce, in 2020 its first 100% electric SUV, in their joint venture in Shenyang (Northeast). Above all, this vehicle, called “iX3”, will be sold worldwide, including North America.… Continue reading BMW will export from China a 100% electric SUV
Bosch expects to invoice up to 3% more in 2018, exceeding 80,400 million
Posted 04/25/2018 13: 36: 38CET The company confirms the results advanced in January, with a turnover of 78,100 million in 2017 MADRID, Apr. 25 (EUROPA PRESS) – The Bosch Group expects its turnover to grow between 2% and 3% in 2018, exceeding 80,400 million euros, after achieving record results in 2017 and despite economic and… Continue reading Bosch expects to invoice up to 3% more in 2018, exceeding 80,400 million
Diesel death prevented ?: Bosch technology pushes emissions far below limits
All articles and backgrounds 04/25/2018 Diesel death prevented? Bosch technology pushes emissions far below limits AP New Bosch technology: Nitrogen oxide emissions are set to drop to 120 milligrams by 2020 – according to Bosch, Bosch is now producing 13 milligrams The world’s largest automotive supplier Bosch does not want to give up the diesel… Continue reading Diesel death prevented ?: Bosch technology pushes emissions far below limits
Dana Named Exclusive Supplier of Driveline Components for Hino XL7 and XL8 Trucks
MAUMEE, Ohio, April 25, 2018 /PRNewswire/ — Dana Incorporated (NYSE: DAN) today announced that it will be the exclusive driveline supplier for the highly anticipated Hino XL7 and XL8 Class 7 and 8 commercial vehicles. The trucks feature Dana Spicer® D- and E-Series steer axles, SPL® 140 and 170 driveshafts, and several models of Spicer® single… Continue reading Dana Named Exclusive Supplier of Driveline Components for Hino XL7 and XL8 Trucks
Opel employees crowd Höcke
The future of Opel in Eisenach is uncertain, the parent company wants to save. Now Thuringia AfD boss Höcke wanted to support the workforce in their protest – but the struggled. Björn Höcke Wednesday, 25.04.2018 12:52 clock “Goodbye, goodbye”: Thuringia AFD-Boss Björn Höcke is visibly upset when the OpelEmployees keep calling him those words. Actually… Continue reading Opel employees crowd Höcke
Honda’s Everus brand arrives with new EV concept
Honda has become the latest car maker to launch an electric brand through China with the Everus EV concept. Although simply a demonstration of what’s to come, it publicises a project that Honda and its Chinese venture partner, GAC, have been working on. The first model to come from the new brand will take influence… Continue reading Honda’s Everus brand arrives with new EV concept