@VW Group: 2021 Volkswagen models perform top of segment for lowest maintenance costs according to Vincentric study002538

Mar 3, 2021 Atlas family and Jetta models rank #1 for lowest cost of maintenance in Midsize SUV and Compact Sedan segments respectively Tiguan, Passat and Arteon rate at lower costs of maintenance than key competitor brands in their segments Herndon, VA — Volkswagen of America, Inc. is proud to announce results from a maintenance… Continue reading @VW Group: 2021 Volkswagen models perform top of segment for lowest maintenance costs according to Vincentric study002538

Stellantis sees rebound in 2021, but chip shortage a worry

MILAN (Reuters) – Low global car inventories and cost cuts should boost Stellantis’s profit margins this year, though a shortage of semiconductors and investments in electric vehicles could weigh on results, the newly-formed automaker said on Wednesday. FILE PHOTO: The logo of Stellantis is seen at the main entrance of the FCA Mirafiori plant in… Continue reading Stellantis sees rebound in 2021, but chip shortage a worry

Tuesday Morning Auto News, Mar 02, 2021

Maruti Suzuki exports cross 2 million vehicles from India – Just-Auto Land Rover launches powerful Defender V8 – Just-Auto Nissan signs mobility MoU with Suzhou City, China – Just-Auto Toyota to Raise $4.7 Billion in ESG Debt to Fund Futuristic Hub – Bloomberg Geely’s Volvo Cars to be fully electric by 2030 – Just-Auto Lunaz… Continue reading Tuesday Morning Auto News, Mar 02, 2021

@Renault: LADA: successful sales results in February000179

In February 2021, 28,272 LADA passenger and light commercial vehicles were sold in Russia, which is 13.1% higher than the results of February 2020.Sales of passenger models of the LADA Granta family amounted to 9,790 cars, which is 2.4% higher than the results of the same period last year. The LADA Vesta family also showed… Continue reading @Renault: LADA: successful sales results in February000179

The incredible journey of the two Americans behind Carlos Ghosn’s escape

At 11:10 p.m. on December 29, 2019, Michael Taylor took off from Osaka Airport in a Bombardier Global Express business jet, registered TC-TSR. The former American green beret converted into clandestine operations had just succeeded, with his son Peter Taylor and one of his loyal associates, George-Antoine Zayek, the most spectacular exfiltration in modern Japanese… Continue reading The incredible journey of the two Americans behind Carlos Ghosn’s escape

US hands over men accused of helping Carlos Ghosn escape: report – Financial Times

US hands over men accused of helping Carlos Ghosn escape: report  Financial Times Father and son extradited to Japan over Carlos Ghosn escape  The Guardian Escape Artist Accused of Freeing Carlos Ghosn Can’t Evade Reckoning in Japan  Bloomberg Why Carlos Ghosn’s accused rescuers have been sent to Japan to face charges  Automotive News Europe Two Americans wanted in Carlos… Continue reading US hands over men accused of helping Carlos Ghosn escape: report – Financial Times

WiTricity Raises Additional $18M in Funding

WiTricity, a Watertown, MA-based EV wireless charging company, raised an additional $18m in funding. The round added to its previously announced $34m funding led by Stage 1 Ventures with participation from Air Waves Wireless Electricity and a strategic investment by Mitsubishi Corporation through its U.S. subsidiary, Mitsubishi Corporation (Americas). The extension included investments from Tony Fadell’s Future Shape… Continue reading WiTricity Raises Additional $18M in Funding

Fort Ross Ventures Invests in Ridecell

Platform Provider Will Expand Fleet Operations Platform to Strengthen European Markets and Drive Expansion to New Geographies   SAN FRANCISCO, November 19, 2020 – Ridecell Inc., the high-yield platform for digital transformation chosen by the world’s leading fleets, today announced it has secured investment from Fort Ross Ventures, a venture capital firm focused on high growth… Continue reading Fort Ross Ventures Invests in Ridecell

Interest in Carsharing and Car Subscription Services Quadruples Amid COVID-19

Survey data reveals in a post-pandemic world, Americans prefer short-term access to cars over public transport or ridesharing SAN FRANCISCO, November 12, 2020 – New data from a survey conducted in late September 2020 by mobility company Ridecell Inc. reveals significant changes in transportation preferences in the US amid the COVID-19 pandemic. Forty-two percent of… Continue reading Interest in Carsharing and Car Subscription Services Quadruples Amid COVID-19