Geneva, 6 March 2018 – In the margins of the Geneva motor show, the European Automobile Manufacturers’ Association (ACEA) reacts to recent discussions on possible tariffs on EU car imports to the United States by putting the trade relations between the two regions in context. “ACEA’s members are global companies, and international trade is an… Continue reading Press Releases – EU-US automobile trade and production in context
Tag: Manufacturing
BMW Group reduces CO2 emissions in Europe again
Munich. The BMW Group has reduced CO2 emissions from its new car fleet in Europe (EU 28) to 122 grams/kilometre. Compared to 2016, this marks a reduction of a further 2 gram/kilometre (2016: 124g/km). The BMW Group has been reducing CO2 emissions from its EU fleet for years: since 1995, the average CO2 emissions for new… Continue reading BMW Group reduces CO2 emissions in Europe again
Exclusive: Fiat Chrysler to spin-off Magneti Marelli without raising money – sources
LONDON/FRANKFURT/MILAN (Reuters) – Fiat Chrysler Automobiles NV (FCA) (FCHA.MI) is looking to spin off auto-parts business Magneti Marelli to its shareholders via a Milan listing that will not raise money by selling new shares, four sources familiar with the matter said. FILE PHOTO: A screen displays the ticker information for Fiat Chrysler Automobiles NV at… Continue reading Exclusive: Fiat Chrysler to spin-off Magneti Marelli without raising money – sources
Jaguar I-Pace First Edition 2018 first drive
For a while I watch others drive, noting the reluctance of this long wheelbase, ultra low-centre of gravity car to roll its body, or slide, or do anything very much except squeal its tyres in extremis and go where it is steered. It does indeed change direction brilliantly – you can see that with the… Continue reading Jaguar I-Pace First Edition 2018 first drive
May Mobility CEO: We’ll Beat Waymo, Uber, and Cruise to Market
When we spoke with Ed Olson, CEO of May Mobility, in January, he told us that his driverless-vehicle company had raised a little over $11 million in seed funding in 2017. Last week, May disclosed more details about its $11.5 million seed round: it was led by venture investment arms of Toyota and BMW, and… Continue reading May Mobility CEO: We’ll Beat Waymo, Uber, and Cruise to Market
Burst water pipe halts Jaguar and Land Rover production
Jaguar Land Rover says it cannot say when production at its Solihull and Castle Bromwich plants near Birmingham will resume after it was forced to stop all operations on Tuesday morning. The issues were caused by a water shortage resulting from damage to water pipes in the recent cold weather. The JLR factory in Solihull… Continue reading Burst water pipe halts Jaguar and Land Rover production
Ford to Lay Off 2,000 Workers for Ranger, Bronco Retooling
Ford Motor Co. will lay off about 2,000 workers for almost six months this year as the U.S. automaker retools a Michigan plant to produce Ranger pickups and Bronco sport utility vehicles. Workers at Michigan Assembly Plant in Wayne, west of Detroit, will be temporarily dismissed from around May 7 through Oct. 22, according to a… Continue reading Ford to Lay Off 2,000 Workers for Ranger, Bronco Retooling
UPDATE 1-Jaguar Land Rover closes plant in UK as weather hits water supply
(Adds JLR comment, background) LONDON, March 5 (Reuters) – Carmaker Jaguar Land Rover (JLR) has halted production at a car plant in central England after water supplies in Britain were disrupted by burst pipes, the carmaker and water company Severn Trent said on Monday. A spokeswoman for JLR said the company closed its Solihull site,… Continue reading UPDATE 1-Jaguar Land Rover closes plant in UK as weather hits water supply
PSA will invest more than 14 million euros on its Charleville-Mézières site
Boosted by the extremely positive results of PSA in 2017 (20.7% increase in turnover), the foundry of the Ayvelles site in Charleville-Mézières (Ardennes) will benefit from an investment of 14 million euros in 2018. The manufacturer also plans to recruit 50 additional employees this year. To cope with the increase in sensitive activity related to… Continue reading PSA will invest more than 14 million euros on its Charleville-Mézières site
Mercedes sees battery technology skeptical: Daimler uses its own E-Bus premiere for diesel advertising
All articles and backgrounds 05/03/2018 Mercedes sees battery technology skeptical Daimler uses its own E-Bus premiere for diesel advertising DPA E-Bus Electric Citaro The car company Daimler Show stock market chart is late with the introduction of electric busses. Excited about the technology, the Stuttgarters were also not impressed by the presentation of their first… Continue reading Mercedes sees battery technology skeptical: Daimler uses its own E-Bus premiere for diesel advertising