CNBC Exclusive: CNBC Transcript: General Motors Chairman & CEO Mary Barra Speaks with CNBC’s Brian Sullivan …

WHEN: Today, Wednesday, March 7, 2018 WHERE: CNBC’s “Power Lunch” – From CERAWeek by IHS Markit in Houston, TX Following is an unofficial transcript of a CNBC EXCLUSIVE interview with General Motors Chairman & CEO Mary Barra and CNBC’s Brian Sullivan on CNBC’s “Power Lunch” (M-F 1PM-3PM) today, Wednesday, March 7, 2018. Following is a… Continue reading CNBC Exclusive: CNBC Transcript: General Motors Chairman & CEO Mary Barra Speaks with CNBC’s Brian Sullivan …

CATL To Build Battery Factory In Europe Like LG Chem & Samsung SDI

1 M BY MARK KANE Chinese lithium-ion battery manufacturer Contemporary Amperex Technology Ltd. intends to build a factory in Europe. Bloomberg reports that CATL is considering three countries – Germany, Poland, Hungary, which strongly support battery investments and are close to EV assembly facilities. Poland was already chosen by LG Chem, while Hungary got the… Continue reading CATL To Build Battery Factory In Europe Like LG Chem & Samsung SDI

Opel: the torch burns between IG Metall and PSA

Le ton monte entre le syndicat allemand IG Metall et PSA au sujet d’Opel, le constructeur déficitaire chronique racheté l’année dernière par le groupe français. Le syndicat et le comité d’entreprise d’Opel ont exigé dans un communiqué vendredi des « propositions constructives » de la part de PSA. Une façon assumée de mettre la pression, alors que la… Continue reading Opel: the torch burns between IG Metall and PSA

Nissan Slows Output After U.S. Demand Drop Led to Bloated Supply

Nissan Motor Co. is slowing production at several assembly plants to keep the supply of vehicles on U.S. dealers’ lots in check after being caught off guard by weaker consumer demand. Japan’s second-largest automaker is aiming to have a 50- to 60-day supply of cars and trucks in August, when dealers start transitioning to sell… Continue reading Nissan Slows Output After U.S. Demand Drop Led to Bloated Supply

Car manufacturer: refurbishment talks at Opel falter

Opel plant in Rüsselsheim Works Council Chairman Wolfgang Schäfer-Klug stated that he did not want to accept any subsequent conditions for contracts from the new parent company. (Photo: AP) At the crisis carmaker Opel The restructuring talks between the employee representatives and the new parent company PSA are faltering. In a statement distributed on Friday… Continue reading Car manufacturer: refurbishment talks at Opel falter

Nexteer CEO Zhao Guibin: Seeking Innovation-driven Growth

SHANGHAI, March 23, 2018 /PRNewswire/ — Following the acquisition by Aviation Industry Corporation of China (AVIC) in 2011, the 110-year-old Nexteer Automotive, once an auto parts division under GM, has found its way into rapid development. The EVs and autonomous vehicles are gaining impetus, what impacts will the market changes exert on the company’s future… Continue reading Nexteer CEO Zhao Guibin: Seeking Innovation-driven Growth

BMW: we won’t mass-produce electric cars until 2020, with cheaper cells

Follow John BMW sold more than 100,000 cars with plugs last year, adding together its battery-electric and plug-in hybrid models. That’s roughly on a par with Tesla, and ahead of both General Motors and Nissan, two other pioneers in modern electric cars. The company has put far more plug-in cars on the road to date… Continue reading BMW: we won’t mass-produce electric cars until 2020, with cheaper cells

BMW, Toyota venture units back lidar developer Blackmore

23 Mar 2018 US-based technology firm raises $18M in series B round aimed at ramping ‘long-range’ system for autonomous vehicles. Blackmore Sensors and Analytics, a Bozeman, Montana, firm working on lidar technology for future deployment in autonomous vehicles, says it has raised $18 million in a series B round of venture finance. Led by BMWi Ventures, and with… Continue reading BMW, Toyota venture units back lidar developer Blackmore

Car manufacturers despair of the new emission regulations: BMW also stops production of X5 and X6 gasoline

All articles and backgrounds 03/23/2018 Car manufacturers desperate for new emission regulations BMW also stops production of X5 and X6 petrol engines BMW BMW X5: From late May to early 2019 no longer available with gasoline engine For a year, the BMW 7 Series is in Europe not available as gasoline engine – This sales… Continue reading Car manufacturers despair of the new emission regulations: BMW also stops production of X5 and X6 gasoline

UPDATE 2-Nissan sees electric car sales surging to 1 mln annually by 2022

YOKOHAMA, Japan (Reuters) – Nissan Motor Co (7201.T) announced plans to sell 1 million electric vehicles (EVs) annually by 2022, a six-fold jump from what it sold last year, and said it had no plans to stop testing its self-driving cars on public roads, calling them safe. FILE PHOTO: The logo of Nissan is seen… Continue reading UPDATE 2-Nissan sees electric car sales surging to 1 mln annually by 2022