Tesla posts quarterly loss, Model 3 production on track

(Reuters) – Tesla Inc (TSLA.O) on Wednesday posted its worst ever quarterly loss and said its Model 3 production target remains on track, expecting about 5,000 per week in about two months. A Tesla Model 3 car is displayed during a media preview at the Auto China 2018 motor show in Beijing, China April 25,… Continue reading Tesla posts quarterly loss, Model 3 production on track

Automation, the real challenge of Tesla and its Model 3

It was one of (too many?) Many Elon Musk’s dreams: a factory without humans. While the attention of the fans and especially financial markets is turned on Tesla, which must reveal this Wednesday, May 2 after the closure of the New York Stock Exchange (around 22 hours in Paris) its results in the first quarter… Continue reading Automation, the real challenge of Tesla and its Model 3

SsangYong Motor Global Sales Record 10,930 units in April 2018

SsangYong Motor Global Sales Record 10,930 units in April 2018 SsangYong sells 10,930 units globally in April, down 1.3 percent year-on-year Exports sales shows recovery, with an increase of 3percent year-on-year for the first time this year SsangYong plans to drive exports sales by leveraging Rexton products in key geographies Seoul, S. Korea, May 2,… Continue reading SsangYong Motor Global Sales Record 10,930 units in April 2018

USA: Mitsubishi Motors selects Aeris to power its Mitsubishi Connect platform

[embedded content] Aeris has announced the availability of its Aeris® Mobility Platform (AMP), a micro-services-based IoT platform that provides the critical building blocks that enable the Internet of Things for enterprises and OEMs. Aeris has developed AMP to meet the unique needs of enterprises and OEMs who are moving from unconnected products to connected services. AMP specifically addresses… Continue reading USA: Mitsubishi Motors selects Aeris to power its Mitsubishi Connect platform

ADAC boss car tester praises diesel with Euro 6d temp emission standard: “All-clear for the diesel”

All articles and backgrounds 05/02/2018 ADAC chief car tester praises diesel with emission standard Euro 6d-temp “all-clear for the diesel” DPA Anti-exhaust-demonstration in Leipzig The new emission standard Euro 6d-temp makes the diesel suddenly clean. In an interview, ADAC chief tester Reinhard Kolke explains how the auto industry succeeded in achieving the allegedly impossible –… Continue reading ADAC boss car tester praises diesel with Euro 6d temp emission standard: “All-clear for the diesel”

Carmakers’ April sales rise 7.5 pct on demand recovery

By Choi Kyong-ae SEOUL, May 2 (Yonhap) — The combined sales of South Korea’s five carmakers rose 7.5 percent last month from a year earlier due to recovering demand and popularity of new models, corporate data showed Wednesday. The five automakers — Hyundai Motor Co., Kia Motors Corp., GM Korea Co., Renault Samsung Motors Corp.… Continue reading Carmakers’ April sales rise 7.5 pct on demand recovery

Aptiv Launches Fleet of Autonomous Vehicles on the Lyft Network

LAS VEGAS, May 2, 2018 /PRNewswire/ — Aptiv PLC (NYSE: APTV), a global technology leader in mobility, announced the launch of a fleet of 30 autonomous vehicles in Las Vegas on the Lyft network. A product of Aptiv’s Mobility and Services group, these vehicles will operate on Aptiv’s fully-integrated autonomous driving platform and be made available… Continue reading Aptiv Launches Fleet of Autonomous Vehicles on the Lyft Network

Car manufacturer: Daimler secures battery cells from CATL in China

Daimler The Stuttgart-based carmaker will in future be supplied with battery cells from the Chinese supplier CATL. (Photo: AP) Daimler will in future buy battery cells from the Chinese manufacturer CATL and wants to ensure standards for labor and human rights with the problematic raw material cobalt. Contemporary Amperex Technology (CATL) has been awarded a… Continue reading Car manufacturer: Daimler secures battery cells from CATL in China

Is Tesla heading for trouble?

Tesla is facing more questions about its financial viability ahead of its latest results on Wednesday. The electric car-maker is facing a cash crunch, caused by a combination of a major debt load and heavy spending. Tesla boss Elon Musk says the firm could be profitable this year and dismissed concerns with an April Fool’s… Continue reading Is Tesla heading for trouble?

Electromobility: VW wants to build batteries for electric cars

batteries are considered key components for electric cars, So far, German automakers mostly source their batteries from suppliers. The new VWCEO Herbert Diess wants to change that. May 2, 2018, 12:45 pm, Werner Pluta VW E-Golf (icon image): Is an own battery production nonsense? (Image: Werner Pluta / Golem.de) So now, after all: The German… Continue reading Electromobility: VW wants to build batteries for electric cars