HONG KONG (Reuters Breakingviews) – Success in Singapore this week could have a downside for China. Any breakthrough in Tuesday’s talks between North Korean leader Kim Jong Un and U.S. President Donald Trump, after years of nuclear threats, would be an economic win for Seoul and others in the region. The People’s Republic itself may… Continue reading Breakingviews – Trump-Kim parley has a downside for Xi
Tag: Financial Results
Jaguar E-Pace range boosted by new AI tech and engine
Jaguar has introduced new self-learning technology to its Jaguar E-Pace SUV, in addition to a new petrol engine and the option of adaptive dampers. Dubbed ‘Smart Settings’, the new AI-based tech first made its debut on the I-Pace electric SUV. Jaguar says that by learning the driver’s habits it’ll be able to reduce distractions with the… Continue reading Jaguar E-Pace range boosted by new AI tech and engine
UPDATE 1-Audi CEO targeted in German prosecutor’s emissions probe
FRANKFURT (Reuters) – German prosecutors on Monday said they have widened an emissions cheating probe against Volkswagen’s (VOWG_p.DE) luxury car brand Audi [NSUG.DE] to include Chief Executive Rupert Stadler among the suspects accused of fraud and false advertising. FILE PHOTO: Audi CEO Rupert Stadler arrives to the company’s annual shareholders meeting in Ingolstadt, Germany May… Continue reading UPDATE 1-Audi CEO targeted in German prosecutor’s emissions probe
Tesla opens its 10,000th Supercharger station
Tesla, Twitter Tesla’s Supercharger network has come a long, long way since it was available in a handful of California towns in late 2012. The automaker has opened its 10,000th Supercharger station in Belleville, Ontario, Canada as part of a rapid expansion that (as of late May) included roughly 1,000 stations either in construction or… Continue reading Tesla opens its 10,000th Supercharger station
Possible cartel for spare parts: Consultants should have helped Renault and Peugeot in price agreements
All articles and backgrounds 05/31/2018 Possible cartel for spare parts Accenture is said to have helped Renault and Peugeot in price fixing By Kristina Gnirke, Spiegel Online DPA A mechanic works at the bottom of a car With secret information to Renault and Peugeot Citroën have retracted a billion profit on spare parts. Mastermind of… Continue reading Possible cartel for spare parts: Consultants should have helped Renault and Peugeot in price agreements
Ford Refuses to Rush Into Robo -Taxis Even After GM, Waymo Deals
General Motors Co. and Alphabet Inc.’s Waymo rocked the auto industry last week with self-driving deals that will have each deploying thousands of robo-taxis onto U.S. roads over the next 18 months. Ford Motor Co., meanwhile, will continue biding its time. The second-largest U.S. automaker is going to keep playing the long game after news… Continue reading Ford Refuses to Rush Into Robo -Taxis Even After GM, Waymo Deals
VW says 250,000 cars could be delayed by new testing rules
BERLIN (Reuters) – Volkswagen (VOWG_p.DE) said production of up to 250,000 cars from its group brands in the second half will be delayed because of effects from new mandatory lab tests for emissions and fuel economy. FILE PHOTO: Volkswagen sign is seen during the annual earnings news conference of VW in Berlin in Berlin, Germany,… Continue reading VW says 250,000 cars could be delayed by new testing rules
Volvo Cars to focus on new ways of introducing cars and services to consumers
Volvo Cars to focus on new ways of introducing cars and services to consumers Volvo Cars, the premium car maker, will continue its move away from traditional auto industry events to focus on bespoke activities to introduce its new cars, technologies and services to media and consumers. The shift towards purpose-specific communications supports the company’s… Continue reading Volvo Cars to focus on new ways of introducing cars and services to consumers
Dealers see average profit of £9,300 in April
A strong used car performance helped the average UK motor retailer deliver a strong performance for the month of April. Dealers saw an average £9,900 increase in profits compared to April 2017, which saw profits of just £600, which was hit by a combination of the Easter holiday falling in April in 2017 and a… Continue reading Dealers see average profit of £9,300 in April
Supplier dispute with VW: Prevent subsidiary closes Leipzig plant
All articles and backgrounds 08/06/2018 Supplier dispute with VW Prevent subsidiary closes Leipzig plant DPA Worker of the New Halberg font Around 800 jobs are to be canceled: A subsidiary of the VW supplier Prevent wants to close its Leipzig foundry. The companies reproach each other. The dispute between the car supplier Prevent and Volkswagen… Continue reading Supplier dispute with VW: Prevent subsidiary closes Leipzig plant