Daimler puts 2.5 billion euros in new vans

Daimler modernized a bestseller: 2.5 billion euros, the Group wants to spend on a new version of the Sprinter. From 2019, the van should also roll over the roads with an electric motor. Tuesday, 06.02.2018 19:38 clock The vehicle manufacturer wants to invest 2.5 billion euros Daimler to boost its van sales. The money will… Continue reading Daimler puts 2.5 billion euros in new vans

Third quarter: Mazda sets another global sales record

Setting a new best mark for the third consecutive year, Mazda Motor Corporation recorded global sales of 1,186,000 units between April and December 2017, the first nine months of the carmaker’s 2017-18 fiscal year. That was 25,000 (2%) more than in the same period of 2016*. Around the world, Mazda’s crossovers – led by the… Continue reading Third quarter: Mazda sets another global sales record

Volkswagen and Daimler report bottlenecks: Caught in the German electric car production hell

All articles and backgrounds 07/02/2018 Volkswagen and Daimler report bottlenecks trapped in German electric car production hell Volkswagen AG Gläserne Manufaktur in Dresden: This is where the E-Golf comes into being – in small numbers When it comes to e-Golf, Bernd Glathe is currently out of the picture. When customers look for the electric car… Continue reading Volkswagen and Daimler report bottlenecks: Caught in the German electric car production hell

China’s Geely takes 3pc stake in Daimler with an eye on electric car venture with Mercedes parent

Chinese carmaker Zhejiang Geely Holding Group has reportedly spent US$3 billion for a stake of just under 3 per cent in German carmaker Daimler as it aims to become a global player. The shares, which were bought on the secondary market according to Reuters, provides further evidence that Geely, controlled by billionaire Li Shufu, is… Continue reading China’s Geely takes 3pc stake in Daimler with an eye on electric car venture with Mercedes parent

GM Eludes US Auto Slowdown as Truck and SUV Wave Pads Profit

General Motors Co. defied a softening auto market with a surprise prediction that profit will remain steady this year and grow in 2019 thanks to a wave of new trucks and SUVs. Earnings this year will be consistent with the record result the company pre-reported on Tuesday. While GM is going to grapple with costs… Continue reading GM Eludes US Auto Slowdown as Truck and SUV Wave Pads Profit

Uber Partners with the Global Public Transport Association

Uber Partners with the Global Public Transport Association By Andrew Salzberg, Head of Transportation Policy & Research and Marius Macku, Senior Associate, Public Policy & Government Relations, EU Over the past seven years, we’ve learned a lot about how our users get around in over 600 cities across the globe. But we also know we… Continue reading Uber Partners with the Global Public Transport Association

Automobili Lamborghini is Top Employer Italia 2018

Sant’Agata Bolognese, 6 February 2018 – Automobili Lamborghini is once again confirmed as an increasingly attractive employer. For the fifth year in a row, the company has been awarded the prestigious “Top Employer Italy 2018” certification, an honor bestowed annually by the Top Employers Institute on companies with excellent workplace environments and advanced policies for human… Continue reading Automobili Lamborghini is Top Employer Italia 2018

First look at Ionity ‘ultra-fast’ charging network map of planned stations

Ionity, the new ‘ultra-fast’ joint electric car charging network by BMW, Mercedes, Ford and Volkswagen, is slowly starting to take shape in Europe and now we get to see the map of their planned stations for the first time. Home Solar Power This new network is believed by many to be the most important electric vehicle charging infrastructure effort… Continue reading First look at Ionity ‘ultra-fast’ charging network map of planned stations

After profit beat, GM looks to trucks, SUVs to rev up margins

DETROIT (Reuters) – General Motors Co (GM.N) said on Tuesday a richer mix of full-size pickups and mid-size SUVs in North America should help it offset higher commodity costs in 2018 and maintain pretax margins above 10 percent. The automaker posted better-than-expected quarterly results as cost cutting and higher vehicle prices offset a double-digit decline… Continue reading After profit beat, GM looks to trucks, SUVs to rev up margins

Aston Martin CEO Andy Palmer on Aston’s Product Roadmap, Business Prospects

With the launch of its excellent DB11, Aston Martin sales spiked 56 percent in 2017, with more than 5,100 cars sold, the most the company has shifted since 2008. Aston’s leader from 2014, Englishman Andy Palmer, is strongly optimistic about the prospects for the company, founded in 1913, over its next century, as the onetime… Continue reading Aston Martin CEO Andy Palmer on Aston’s Product Roadmap, Business Prospects