@VW Group: Audi increases upfront expenditure for electric mobility

AUDI AG has planned a total amount of approximately €37 billion for research and development expenditure and investment in property, plant and equipment over the next five years. Against the backdrop of its roadmap towards electrification, the manufacturer is planning upfront expenditure of €12 billion solely for electric mobility – more than ever before. The… Continue reading @VW Group: Audi increases upfront expenditure for electric mobility

@Groupe PSA: A dragon sets up at Peugeot Avenue Paris!

Under the sign of the dragon and its dynamic orange colour, in a flash the facade of Peugeot Avenue Paris is transformed into the commercial for the new PEUGEOT 208. With its new Magnetic Energy animation, PEUGEOT’s flagship showroom on the Champs-Elysées invites its thousands of visitors to stir the energy within them… thanks to… Continue reading @Groupe PSA: A dragon sets up at Peugeot Avenue Paris!

@Groupe PSA: 2.0 l / 100 km with a standard PEUGEOT 208 BlueHDi: an absolute fuel consumption record.

A 1.6 litre BlueHDi 100 S&S PEUGEOT 208 has set a new long-distance fuel consumption record, under the supervision of UTAC. 2,152 kilometres were covered on 43 litres of Diesel, an average fuel consumption of just 2.0 l /100 km (141.2 mpg). This record confirms the technological excellence of the Euro 6 BlueHDi Diesel engines… Continue reading @Groupe PSA: 2.0 l / 100 km with a standard PEUGEOT 208 BlueHDi: an absolute fuel consumption record.

Daimler to axe at least 10,000 jobs worldwide

Automotive industry Mercedes-Benz owner aims to slash €1bn from wage bill in drive towards to electric cars Carmakers such as Daimler are cutting staff to save costs during the move towards electric vehicle production. Photograph: Kai Pfaffenbach/Reuters Daimler has announced plans to cut at least 10,000 jobs worldwide in the latest sign of stress in… Continue reading Daimler to axe at least 10,000 jobs worldwide

@FCA: “FCA Replay” Wraps the Week at Fiat Chrysler Automobiles

November 29, 2019 , Auburn Hills, Mich. – “FCA Replay” is a weekly recap of some of the major stories at FCA US. The top stories for the week of November 29, 2019, include the Ram Truck brand as the Official Truck of the Macy’s Thanksgiving Day Parade, the Ram 1500 is the Green Truck of… Continue reading @FCA: “FCA Replay” Wraps the Week at Fiat Chrysler Automobiles

Daimler to ax at least 10,000 jobs in latest car industry cuts

FRANKFURT (Reuters) – Daimler said on Friday it will cut at least 10,000 jobs worldwide over the next three years, following others in the industry as they cut costs to invest in electric vehicles while grappling with weakening sales. FILE PHOTO: The Daimler logo is seen before the Daimler annual shareholder meeting in Berlin, Germany,… Continue reading Daimler to ax at least 10,000 jobs in latest car industry cuts

UPDATE 3-Daimler to axe at least 10,000 jobs in latest car industry cuts

FRANKFURT (Reuters) – Daimler said on Friday it will cut at least 10,000 jobs worldwide over the next three years, following others in the industry as they cut costs to invest in electric vehicles while grappling with weakening sales. FILE PHOTO: The Daimler logo is seen before the Daimler annual shareholder meeting in Berlin, Germany,… Continue reading UPDATE 3-Daimler to axe at least 10,000 jobs in latest car industry cuts

Audi To Cut Over 10% Of Its Staff By 2025: Focus On EVs

The German manufacturer intends to cut up to 9,500 jobs and save billions for investment in electrification and digitalization Audi announced yesterday that by 2025 it will reduce its workforce in Germany by up to 9,500, which is some 10.6% of total staff. That should translate into $6 billion ($6.6 billion) of savings by 2029,… Continue reading Audi To Cut Over 10% Of Its Staff By 2025: Focus On EVs

Nissan to pump 33 billion yen in ultra-efficient production methodologies

As cars are becoming connected, electrified and intelligent globally, Nissan is investing a sizeable 33 billion Japanese yen (Rs 2,145 crore) in production technologies for future automobiles. In sync with Nissan’s Intelligent Mobility vision, the investment is expected to help deliver a new generation of electrified and intelligent automobiles that also make production operations more… Continue reading Nissan to pump 33 billion yen in ultra-efficient production methodologies

@BMW: BMW Group to build future MINI E vehicles in China with Great Wall Motor

Zhangjiagang/Munich. The BMW Group and Great Wall Motor are driving e‑mobility forward by building a joint plant in China, where the BMW Group will produce future fully-electric models of its MINI brand. High-level representatives of the local Chinese government, Great Wall Motor and the BMW Group today announced the launch of the new joint venture,… Continue reading @BMW: BMW Group to build future MINI E vehicles in China with Great Wall Motor