Volkswagen has to prepare for an expensive process with the supplier Prevent. The value in dispute is estimated at about two billion euros in the industry. VW headquarters in Wolfsburg Monday, 23.04.2018 12:02 pm The dispute between Volkswagen and the supplier group Prevent escalates according to a media report. Prevent companies are already preparing for… Continue reading Prevent is preparing billion-dollar lawsuit against Volkswagen
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Uber confirmed that it’s selling its Southeast Asia business to rival Grab
Dara Khosrowshahi, CEO of Uber. Drew Angerer/Getty Images SINGAPORE (Reuters) – Ride-hailing firm Uber Technologies Inc has agreed to sell its Southeast Asian business to bigger regional rival Grab, the firms said in a statement on Monday, marking the U.S. company’s second retreat from an Asian market. As part of the transaction, Uber will take… Continue reading Uber confirmed that it’s selling its Southeast Asia business to rival Grab
Uber is shutting down UberRush — its high-speed delivery service competing with Amazon
Uber Uber will be shutting down same-day delivery service UberRush in three months according to a statement to The Wall Street Journal. UberRush provided high-speed deliveries to compete with companies like Amazon, but it only ever launched in three cities, as it faced some challenges that stemmed from things like its hands-off approach to workers.… Continue reading Uber is shutting down UberRush — its high-speed delivery service competing with Amazon
Aston Martin wants to have proprietary electric powertrain
When Andy Palmer took over as the CEO of Aston Martin in October 2014, his main aim was to turn the British marque into one “that can stand on equal terms with Porsche, Ferrari and Bentley.” While he is working on realising part of that aim with a new set of scorchers powered by internal… Continue reading Aston Martin wants to have proprietary electric powertrain
Carlos Tavares could receive an exceptional bonus of one million euros after the acquisition of Opel
Carlos Tavarès, President of the Executive Board of PSA, could receive a premium of 1 million euros, for the implementation of the plan of rehabilitation ofOpel. This is what the French car manufacturer proposes to its shareholders. In total, if it is adopted at the general meeting of April 24, the compensation of Carlos Tavares… Continue reading Carlos Tavares could receive an exceptional bonus of one million euros after the acquisition of Opel
BYD Expected To Spin-Off Battery Unit
4 M BY MARK KANE BYD – the world’s biggest plug-in car manufacturer – is expected to spin-off its battery and photovoltaic units. BYD battery test Up until now, BYD produced its own lithium-ion battery cells, modules and packs. the automaker will reach 28 GWh of production capacity in 2018. But according to the latest reports,… Continue reading BYD Expected To Spin-Off Battery Unit
Lincoln’s Aviator SUV matches style with hybrid tech
When you think of Lincoln you can’t be blamed for imagining those Navigators and Continentals that pick up very important folks at the airport. But the automaker wants to make sure more than professional drivers get behind the wheel of their cars. The new Aviator looks like it might just do that. Gallery: Lincoln Aviator… Continue reading Lincoln’s Aviator SUV matches style with hybrid tech
BMW automates production
The manufacturer BMW automates the production logistics with autonomous tugger trains. In the production plant Dingolfing sets BMW been on for some time FTS – So self-propelled vehicles for transport. Also Audi this already has commitment, Now BMW has developed a new automation kit. Schiller FTS BMW hall. Source: BMW These automation kits make from… Continue reading BMW automates production
Tesla recalls 123,000 Model S cars
This is the largest recall in Tesla’s history, and comes at a time the firm is struggling to ramp up Model 3 production. A total of 123,000 Tesla Model S cars are being recalled due to a problem with a power steering component. The recall affects only cars made before April 2016, and does not affect… Continue reading Tesla recalls 123,000 Model S cars
UPDATE 1-Tesla says crashed vehicle had been on autopilot prior to accident
LOS GATOS, California (Reuters) – Tesla Inc said on Friday that a Tesla Model X involved a fatal crash in California last week had activated its Autopilot system, raising new questions about the semi-autonomous system that handles some driving tasks. FILE PHOTO: Rescue workers attend the scene where a Tesla electric SUV crashed into a… Continue reading UPDATE 1-Tesla says crashed vehicle had been on autopilot prior to accident