Tag: Daimler

China’s CATL sells stake in Finnish subcontract car manufacturer

HELSINKI (Reuters) -Chinese battery maker Contemporary Amperex Technology (CATL) is selling its 20.6% stake in subcontract Finnish car maker Valmet Automotive to the Finnish state and another shareholder, Finland’s government said on Monday, amid low electric car sales in Europe. The Finnish state, which already owns 44.96% of Valmet Automotive through its investment company Finnish… Continue reading China’s CATL sells stake in Finnish subcontract car manufacturer

Electronic Parking Brake System Market worth $4.70 billion by 2032 | MarketsandMarkets

DELRAY BEACH, Fla., Sept. 1, 2025 /PRNewswire/ — The Electronic Parking Brake System Market is projected to reach USD 4.70 billion by 2032 from USD 2.51 billion in 2025 at a CAGR of 9.4% during 2025–2032, according to a new report by MarketsandMarkets. Increasing electrification of vehicles, particularly in hybrid and battery-electric models, and growing production… Continue reading Electronic Parking Brake System Market worth $4.70 billion by 2032 | MarketsandMarkets

Setback for EVs? Automakers oppose GST hike proposal; push to retain 5% rate

EV makers oppose proposed GST hike on high-end models, warning it could slow India’s shift to clean mobility. Electric vehicle manufacturers are expressing strong opposition to a proposed GST increase on high-end electric vehicles, cautioning that it could hamper progress in the nation’s transition to clean mobility at a crucial time. The GST rationalisation group… Continue reading Setback for EVs? Automakers oppose GST hike proposal; push to retain 5% rate

@Renault: Katrin Adt appointed DACIA brand CEO000770

PRESS RELEASE1/09/2025 Katrin Adt appointed DACIA brand CEO Boulogne-Billancourt, September 1, 2025 – Katrin Adt joins Renault Group today, to take over as CEO of Dacia brand, in succession of Denis Le Vot, who is leaving the company. Previously VP at Mercedes, Katrin Adt will also be a member of the Group’s Leadership Team. As… Continue reading @Renault: Katrin Adt appointed DACIA brand CEO000770

Electronic Parking Brake System Market worth $4.70 billion by 2032 | MarketsandMarkets

DELRAY BEACH, Fla., Sept. 1, 2025 /PRNewswire/ — The Electronic Parking Brake System Market is projected to reach USD 4.70 billion by 2032 from USD 2.51 billion in 2025 at a CAGR of 9.4% during 2025–2032, according to a new report by MarketsandMarkets. Increasing electrification of vehicles, particularly in hybrid and battery-electric models, and growing production… Continue reading Electronic Parking Brake System Market worth $4.70 billion by 2032 | MarketsandMarkets

Mercedes-Benz EQE saloon and SUV production to end in 2026

Mercedes-Benz plans to end production of the EQE saloon and EQE SUV in 2026 as part of a realignment of its electric cars. The decision follows internal reassessments of new electric model introductions and subsequent overlap within the German car maker’s line-up. The EQE saloon, currently produced at Mercedes’ factory in Bremen, Germany, and the… Continue reading Mercedes-Benz EQE saloon and SUV production to end in 2026

@niche: BILL MITCHELL – THE PASSIONATE DESIGN MAESTRO.004037

Editor’s Note: This week, Peter reminds us of just how different the automobile business was in Detroit’s heyday. It was a fleeting moment in time when the auto industry was on an upward trajectory and powering toward a future that appeared limitless. One of the legendary auto executives who embodied that era was Bill Mitchell, the iconic… Continue reading @niche: BILL MITCHELL – THE PASSIONATE DESIGN MAESTRO.004037

German FAZ: Grand Prix with Bang effect009874

McLaren can only hit itself in Formula 1. In a sense, the racing team did the one on Sunday at the Grand Prix of the Netherlands in Zandvoort. A few laps before Oscar Piatri was the first to finish, Lando Norris, the first pursuer of the Australian on the Dunner’s course on the North Sea… Continue reading German FAZ: Grand Prix with Bang effect009874