P In the future, Porsche is cooperating with the Croatian technology and sports car company Rimac to further expand its electric car plans. One took over ten per cent of the enterprise and strives for a development partnership, communicated the automaker on Wednesday in Stuttgart. No information was given for the price. Rimac Automobili from… Continue reading Porsche brings in Croatian sports car company
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VW and Ford explore alliance with vans
Wednesday, 06/20/2018 09:47 clock The German carmaker Volkswagen wants in the development of commercial vehicles and other stores the forces with the US rival ford bundle up. The corporations confirmed on Tuesday after the US market close, explore opportunities for a strategic alliance. According to insiders, the VW supervisory board had already agreed to talks… Continue reading VW and Ford explore alliance with vans
Deutsche Post wants street scooters by 2020 itself to produce
N After the expulsion of Executive Board member Jürgen Gerdes, the post-chairman of the board of directors commits himself Frank Appel to the street scooter. The electric transporter powered by Gerdes will continue to be produced by Deutsche Post. “At least in the next two years, we will continue,” said Appel the Frankfurter Allgemeine Zeitung.… Continue reading Deutsche Post wants street scooters by 2020 itself
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PSA maps out Vauxhall’s path to profitability
Opel and Vauxhall have not posted a full-year profit this century, losing about £15 billion in the past 17 years. That represents a catastrophic failure by any measure, but it also highlights just how ambitious the recovery plan set out by new owner the PSA Group is. The strategy, called ‘Pace’, calls for (among other… Continue reading PSA maps out Vauxhall’s path to profitability
Automakers are burning through billions in EV, AV race
The race to develop autonomous and electric vehicles could be a race to the bottom for the automotive industry — at least in the near-term. A new global study by consulting firm AlixPartners paints an ominous forecast for automakers in the next few years, a toxic cocktail of big spending and lots of competition mixed… Continue reading Automakers are burning through billions in EV, AV race
BMW joins Airbus in Brexit warning
In this Wednesday, March 21, 2018 photo the logo of German car manufacturer BMW is pictured at the headquarters in Munich, Germany.Photo/Matthias Schrader, file) London: Car giant BMW has followed plane-maker Airbus in warning about the consequences of Brexit uncertainty. BMW UK boss Ian Robertson has said clarity is needed by the end of the… Continue reading BMW joins Airbus in Brexit warning
Toyota To Provide Suzuki Technology To Build New Compact Car Engine
Toyota Motor Corp. and Suzuki Motor Corp. today agreed to start discussions on undertaking new joint projects for technological and market development, and vehicle production. As part of the new arrangement, Toyota will offer Suzuki the technology to develop a new compact and highly efficient car engine for India and other global markets, Toyota said… Continue reading Toyota To Provide Suzuki Technology To Build New Compact Car Engine
Toyota To Enhance Localisation In Brezza, Baleno To Make Them Cost Effective
Toyota Motor Corp. plans to increase the local content of Baleno and Vitara Brezza models which it will receive from compatriot Suzuki Motor Corp. for selling in India under their partnership to make them price competitive, a senior company official said today. The likely changes to be brought in the two models “are still under… Continue reading Toyota To Enhance Localisation In Brezza, Baleno To Make Them Cost Effective
‘Zero’ chance of Renault taking over Nissan, Mitsubishi: Ghosn
TOKYO (Reuters) – Renault SA (RENA.PA) absorbing Nissan Motor Co. (7201.T) and Mitsubishi Motors Corp (7211.T) is not an option as the carmakers look to strengthen their partnership while retaining their autonomy, alliance chairman Carlos Ghosn said on Friday. FILE PHOTO: Carlos Ghosn, chairman and CEO of the Renault-Nissan-Mitsubishi Alliance, responds to a question on… Continue reading ‘Zero’ chance of Renault taking over Nissan, Mitsubishi: Ghosn
Volkswagen aims for solid-state battery production by 2025
Volkswagen has announced that it aims to have a production facility for solid-state batteries by 2025. The announcement comes with the VW Group’s £75 million investment in Californian battery technology company QuantumScape, following six years of collaboration with the firm. Solid-state battery technology, Volkswagen claims, would more than double the capacity compared with the brand’s current… Continue reading Volkswagen aims for solid-state battery production by 2025