Category: News Site

Geely to build NEV production base in E China

Lynk & Co, Geely Auto Group’s new car brand, launches in China on Nov 29, 2017. [Photo provided to chinadaily.com.cn] HANGZHOU – Zhejiang Geely Holding Group will set up a complex for new energy vehicles (NEV) at a cost of more than $5 billion in East China’s Zhejiang province. The auto maker on Sunday signed… Continue reading Geely to build NEV production base in E China

Rising tire prices are driving Michelin’s good results in 2017

The Clermont group has posted a net profit of 1.7 billion euros, new historical high and higher than the consensus Inquiry Financial for Thomson Reuters, which gave 1.665 billion. On the other hand, net sales (+ 5% to 21.960 billion) and operating profit on current activities (+ 1.9% to 2.742 billion) are lower than the… Continue reading Rising tire prices are driving Michelin’s good results in 2017

Mercedes-Benz Confirms It Will Skip Detroit Auto Show in 2019

The Detroit auto show will be missing a famous star next year, with Mercedes-Benz choosing to sit out the iconic event. The top-selling luxury carmaker continuously reviews the platforms it chooses to reach customers and has decided not to participate in the Detroit show in 2019, according to an emailed statement. Bloomberg News reported last… Continue reading Mercedes-Benz Confirms It Will Skip Detroit Auto Show in 2019

Robot taxis with enormous growth figures

According to a study by TrendForce, robotic taxis show growth of 80 percent per year. What happens when autonomous driving is introduced and the taxis drive by themselves? There have already been some studies, such as the analysis of the loss of jobs, the loss of private cars and more research, Common to all studies,… Continue reading Robot taxis with enormous growth figures

E-mobility: BMW relies on hybrid and electric cars

Hybrid BMW Heavyweights such as GM, Ford, VW or Daimler have announced a variety of e-models. BMW wants to be a leader in this field in the endurance competition of the upper-class providers. (Photo: AP) The worldwide growing demand for electric and hybrid cars should BMW 2018 will bring significant growth in this segment. The… Continue reading E-mobility: BMW relies on hybrid and electric cars

Rio Tinto’s Autonomous Trucks reach milestone

Mine operator Rio Tinto has taken away one billion tonnes of displacement with its Autonomous Vehicle Fleet. The enterprise Rio Tinto operates the ore mining mainly in Australia, For the removal of the hub one uses Autonomer trucks and Trains, The trucks that bring the earth away are Muldkipper equipped with the AHS (Autonomous Haulage… Continue reading Rio Tinto’s Autonomous Trucks reach milestone

GM to shut one South Korea plant, decide on fate of others within weeks

DETROIT/SEOUL (Reuters) – General Motors Co said it will close one of its four plants in South Korea and incur an $850 million impairment charge as part of a restructuring of its money-losing business in Asia’s fourth-biggest economy. The U.S. automaker said it would decide the future of its remaining South Korean operations within weeks,… Continue reading GM to shut one South Korea plant, decide on fate of others within weeks

Tire manufacturer buys a fifth: Michelin goes into workshop chain ATU

All articles and backgrounds 02/13/2018 Tire manufacturer buys a fifth Michelin goes into workshop chain ATU DPA Already in French hands: Now there is next to the French Mobivia with the tire manufacturer Michelin a second French shareholder of the workshop chain ATU The French tire manufacturer Michelin Show stock market chart has invested one… Continue reading Tire manufacturer buys a fifth: Michelin goes into workshop chain ATU

Interview with BMW boss Harald Krüger: “The number one, everywhere”

Powerful: “I can also be tough and consistent,” says BMW boss MANAGER MAGAZINE 2018/2 Company COMPANY BMW CEO Harald Krüger wants to push Mercedes from the throne. And work harder internally. EXECUTIVE BOARD, not spokesman: Harald Krüger is in a good mood from the Christmas holiday – and quite aggressive Mr Krüger, you have been… Continue reading Interview with BMW boss Harald Krüger: “The number one, everywhere”