German court lifts freeze on Giga Berlin building, forest clearing can resume

The Berlin Higher Administrative Court (OVG Berlin-Brandenburg) has dismissed complaints against Tesla’s European Gigafactory construction project, Giga Berlin.  This means work can resume in clearing the forest on the property. Giga Berlin construction experienced a temporary setback late last week, as construction was temporarily halted on the project.  The halt came as a result of complaints… Continue reading German court lifts freeze on Giga Berlin building, forest clearing can resume

@VW Group: ŠKODA AUTO produces seven millionth OCTAVIA

Michael Oeljeklaus, ŠKODA AUTO Board Member for Production and Logistics, stressed, “The OCTAVIA is the heart of our brand. Having enjoyed success since the mid-90s, it has contributed significantly to transforming ŠKODA from a regional market leader into an internationally thriving carmaker that has now firmly established itself as a high-volume manufacturer. This milestone is… Continue reading @VW Group: ŠKODA AUTO produces seven millionth OCTAVIA

@VW Group: CUPRA opens the doors of its new headquarters with the debut of the first CUPRA Leon

The brand announces a product offensive and plans to reach one billion euros of SEAT’s total turnover when its full range is available CUPRA Racing presents two racecars and confirms its participation in the PURE ETCR The series version of the CUPRA Formentor will be presented at the next Geneva Motor Show The inauguration of… Continue reading @VW Group: CUPRA opens the doors of its new headquarters with the debut of the first CUPRA Leon

@Toyota: Toyota and Toyota Industries Jointly Develop New Battery for Hybrid Electric Vehicles

Toyota City, Japan, February 20, 2020―Toyota Motor Corporation (Toyota) and Toyota Industries Corporation (Toyota Industries) announce that they have jointly developed a new battery for hybrid electric vehicles (HEV). The battery has been developed in anticipation of the further development and market introduction of HEVs, forecasted to rapidly expand in the future. Moving forward, the… Continue reading @Toyota: Toyota and Toyota Industries Jointly Develop New Battery for Hybrid Electric Vehicles

Visteon Announces Fourth-Quarter and Full-Year 2019 Financial Results

Sales of $2,945 million ($744 million in fourth quarter)  • 7% growth-over-market in fourth quarter 1Net income of $70 million ($35 million in fourth quarter)Adjusted EBITDA of $234 million ($85 million in fourth quarter)Awarded $6.1 billion in new businessVAN BUREN TOWNSHIP, Mich., Feb. 20, 2020 (GLOBE NEWSWIRE) — Visteon Corporation (Nasdaq: VC) today announced full-year 2019… Continue reading Visteon Announces Fourth-Quarter and Full-Year 2019 Financial Results

@GWM: Great Wall Motors and General Motors Sign Agreement for Purchase of GM India Talegaon Plant 2020-01-17

Agreement subject to necessary government and regulatory approvals Great Wall Motors’ investment will provide more local jobs and boost development of the supply chain, R&D and related industries Talegaon plant key to Great Wall Motors’ plans to enter India’s domestic vehicle market Talegaon | India — Great Wall Motors (GWM) and General Motors (GM) today… Continue reading @GWM: Great Wall Motors and General Motors Sign Agreement for Purchase of GM India Talegaon Plant 2020-01-17

Daimler optimizes decision-making processes and streamlines organizational structure

STUTTGART, Germany, Feb. 20, 2020 /PRNewswire/ —  The Board of Directors and the Supervisory Board of Daimler AG and Mercedes-Benz AG optimize Mercedes-Benz Cars’ development, operation and finance area by realigning the Company’s organizational structure. This reorganization will take effect on April 1, 2020. The position of Product Strategy and Steering will be created for… Continue reading Daimler optimizes decision-making processes and streamlines organizational structure

@Daimler: 20. Feb 2020Daimler optimizes decision-making processes and streamlines organizational structure

February 20, 2020 – As part of its sustainable business strategy, Daimler AG is strongly moving forward with its product, electrification and digitalization offensive. In order to be able to react even faster and more precisely to changing customer needs and complex market requirements in the future, the Company is further developing its organizational structure.… Continue reading @Daimler: 20. Feb 2020Daimler optimizes decision-making processes and streamlines organizational structure

Workhorse Group to Unveil New C650 Electric Step Van at NTEA Work Truck Show

The Company’s new C650  and C1000 step vans will set a new standard in design and efficiency for the last-mile delivery segment with its 650 cubic foot and 1000 cubic foot vehicles both weighing approximately 12,500 lbs. when fully loaded. Through a lightweight, composite, monocoque construction method, Workhorse has significantly decreased their vehicles’ curb weights when… Continue reading Workhorse Group to Unveil New C650 Electric Step Van at NTEA Work Truck Show

Volkswagen May Launch Rugged All-Electric Crossover In 2023

Volkswagen is reportedly cooking up yet another small all-electric crossover based on its MEB platform. It’s apparently going to be called VW Ruggdzz when it debuts in concept form, and it will end up spawning a production model with an outdoorsy spirit. According to Autocar, this battery-powered VW high rider will “ Be distinguished from… Continue reading Volkswagen May Launch Rugged All-Electric Crossover In 2023