Category: Automotive

Cabify invites taxi drivers, politicians and mobility services to park their differences

Updated 04/09/2018 10:15:28 CET MADRID, 9 Apr (EUROPA PRESS) – Cabify invites taxi drivers, politicians and mobility services to put aside their differences, in an event with which the Spanish company tries to gather all the actors involved in mobility for the first time and look for formulas that improve the existing situation in the… Continue reading Cabify invites taxi drivers, politicians and mobility services to park their differences

Mercedes EQ S: Mercedes plans luxury electric car

An S class that is not one: Daimler plans one electric car the luxury class that should be equal to the E-Class. The automobile will be the top model of the EQ range and not an electrified version of the existing S-Class. Source: wp, April 9, 2018, 10:13 am Concept EQA from Mercedes (at the… Continue reading Mercedes EQ S: Mercedes plans luxury electric car

Taxpayers to help auto industry: Government checks billion-dollar fund for diesel retrofitting

All articles and backgrounds 09/04/2018 Taxpayers to help auto industry Government checks billion-dollar fund for diesel retrofitting BMW According to a report in the Federal Government, there are reflections on a billions fund with the participation of the automobile industry for the technical retrofitting of diesel vehicles. As the news magazine “Spiegel” (Freitag) reported, there… Continue reading Taxpayers to help auto industry: Government checks billion-dollar fund for diesel retrofitting

Nissan to show three electric vehicles at Auto China 2018

New model to be displayed alongside Nissan LEAF and IMx KURO, highlighting commitment to electrification BEIJING (April 9, 2018) – Nissan will show three electric vehicles at Auto China 2018, as part of a lineup that offers an exciting glimpse of the future and shows the company’s strength and depth in the highly competitive and… Continue reading Nissan to show three electric vehicles at Auto China 2018

As GM union faces big job losses, South Koreans turn cold shoulder

“I don’t think anyone is feeling for us anymore,” a grim-faced Lee, who was rehired by GM a year after it bought Daewoo in 2002, said. BUPYEONG, South Korea: When Lee Bum-yeon lost his job along with nearly 2,000 other union workers in 2001 after South Korea’s Daewoo Motor went bankrupt, his neighbours at supermarkets… Continue reading As GM union faces big job losses, South Koreans turn cold shoulder

China’s Ehi Car Services to be taken private by CEO-led group in $937.5m deal

April 8, 2018 Chinese car rental company Ehi Car Services Ltd said on Friday the company would be taken private by a consortium led by its Chief Executive Officer Ray Ruiping Zhang in a deal valued at about $937.5 million. The offer of $13.50 in cash per American depositary share of Ehi represents a 15.4 percent premium to the company’s close on… Continue reading China’s Ehi Car Services to be taken private by CEO-led group in $937.5m deal

Aston Martin lines up banks to steer £4bn stock market float

The British luxury car-maker Aston Martin is lining up a trio of banks to lead a prospective £4bn stock market listing that could take place within months. Sky News has learnt that the manufacturer of James Bond’s vehicle of choice is close to hiring Deutsche Bank, Goldman Sachs and JPMorgan as the global co-ordinators for… Continue reading Aston Martin lines up banks to steer £4bn stock market float

China’s ride-hailing service Didi Chuxing recruits drivers in Mexico

LightRocket via Getty Images In December, Reuters reported that China’s Didi Chuxing ride-hailing company would be expanding its business into Mexico, taking on rival Uber, which has the largest foothold in the country. Now, Reuters reports that the company is actively recruiting drivers and plans a launch in Toluca, Mexico. Sources familiar with the plan… Continue reading China’s ride-hailing service Didi Chuxing recruits drivers in Mexico

Volkswagen plans to squash production of one of its most iconic cars

The Beetle, the Bug, Herbie—whatever you call it, it looks like it’s being phased out. German automaker Volkswagen plans to stop production on the iconic vehicle after the current generation, the company’s research and development leader Frank Welsch confirmed to Autocar at this week’s Geneva Motor Show. Despite makings it way onto various lists of… Continue reading Volkswagen plans to squash production of one of its most iconic cars