China’s policies to cut pollution is driving a rapid move toward electric vehicles in the world’s biggest market and causing an upheaval in the global auto industry, Aston Martin Holdings Ltd. Chief Executive Officer Andy Palmer said. “This whole show is revolving around what they call new energy vehicles, but Chinese policy is very much… Continue reading Aston Martin Says China Spurring Another Horse-to-Cars Moment
Tag: Manufacturing
Tesla deploys a 2 MW Powerpack system to avoid any downtime due to power outages at a glass factory
With the help of an Irish energy company, Tesla is deploying a large Powerpack system at a glass container factory in Scotland in order to avoid any downtime due to power outages and take advantage of lower electricity rates when demand is not high on the grid. Home Solar Power The battery system was deployed earlier… Continue reading Tesla deploys a 2 MW Powerpack system to avoid any downtime due to power outages at a glass factory
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Q1 SALES STRONG SALES GROWTH OF 9.3% AT CONSTANT CURRENCIES, SIGNIFICANTLY OUTPERFORMING AUTOMOTIVE PRODUCTION IN ALL REGIONS Read more TECHNOLOGY FOR THE 1ST TIME AT THE HANNOVER MESSE, FAURECIA WILL SHOWCASE ITS FUEL CELL TECHNOLOGIES Read more Site opening FAURECIA OPENS A TECH CENTER IN YOKOHAMA TO ACCELERATE DEVELOPMENT WITH JAPANESE CARMAKERS Read more Parole… Continue reading Access to sites
UK car output slumps on poor demand
The number of cars made in the UK during March fell by 13.3% from a year earlier as both domestic and overseas demand for vehicles declined. The Society of Motor Manufacturers and Traders (SMMT) said poor weather had affected production. But it said that double-digit falls in output for the both home market and exports… Continue reading UK car output slumps on poor demand
End doubts over diesel’s future, says Ford boss
Media playback is unsupported on your device Uncertainty about the future of diesel is threatening the UK car industry and leaving drivers in limbo, according to Ford’s UK boss. Andy Barratt said consumers were buying fewer diesel cars, fearing they were polluting and will face new taxes. However, he claimed new diesels were “every bit… Continue reading End doubts over diesel’s future, says Ford boss
Nissan to cut hundreds of UK jobs
Nissan is to cut hundreds of jobs at its Sunderland car plant, as diesel sales decline. The carmaker builds its Qashqai and Juke models at the north-eastern England site, where it employs 7,000 people. As well as a fall in the demand for its diesel cars, the job losses relate to a switch in production… Continue reading Nissan to cut hundreds of UK jobs
German-built Skoda Karoq to hit market while brand upgrades Czech plant
Skoda Karoq production has extended to Germany in order to meet demand while the company’s flagship Mladá Boleslav facility in the Czech Republic is upgraded with a new paint shop. This means that, for a limited time, some examples of the Yeti successor will be built at the Volkswagen Group’s Osnabrück factory, where the Volkswagen Tiguan… Continue reading German-built Skoda Karoq to hit market while brand upgrades Czech plant
Volkswagen in JV talks with China’s Didi to manage fleet, co-develop cars
April 30, 2018 Volkswagen AG, the world’s biggest automaker, is in talks to form a joint venture with China’s Didi Chuxing to manage part of the ride-hailing company’s fleet of cars and help develop “purpose-built” vehicles for Didi‘s services. As part of the deal between Volkswagen and China’s biggest ride-hailing service, expected to be signed… Continue reading Volkswagen in JV talks with China’s Didi to manage fleet, co-develop cars
Volkswagen Group brand uses ex-Karmann plant: Skoda is a little German – with a model
All articles and backgrounds 04/30/2018 Volkswagen Group brand uses ex-Karmann plant Skoda will be a little German – with a model REUTERS The compact SUV Skoda Karoq will in future also be assembled in Osnabrück “Simply Clever” is the motto of the Czech car brand Skoda. That suits, because over the past 25 years, the… Continue reading Volkswagen Group brand uses ex-Karmann plant: Skoda is a little German – with a model
Dana Incorporated Announces First-quarter 2018 Financial Results with Significant Revenue Growth, Affirms Full-year Guidance Increase
MAUMEE, Ohio, April 30, 2018 /PRNewswire/ — Highlights Sales of $2.1 billion, an increase of $437 million, growth of 26 percent Net income attributable to Dana of $108 million; diluted EPS of $0.73 Adjusted EBITDA of $248 million, an increase of $43 million providing a margin of 11.6 percent Diluted adjusted EPS of $0.75, an… Continue reading Dana Incorporated Announces First-quarter 2018 Financial Results with Significant Revenue Growth, Affirms Full-year Guidance Increase