LAS VEGAS — Ford CEO Jim Hackett offered an ambitious vision for the automaker’s self-driving vehicle business strategy Tuesday, depicting a future that will be as much as about networks of cars and traffic signals as any particular models. Ford CEO James Hackett smiles while getting ready for an interview next to a self-driving delivery… Continue reading Ford lays out grand vision for a self-driving car future
Tag: Hyundai
Kia will launch its car sharing service in Europe at the end of 2018
Posted 09/01/2018 11: 39: 41CET The company plans to offer a total of 16 electrified vehicles for 2025 LAS VEGAS (UNITED STATES), 9 Jan. (EUROPA PRESS) – The car firm Kia will launch in late 2018 in Europe WiBLE, its own car sharing service that began operating in 2017 in South Korea, and will be… Continue reading Kia will launch its car sharing service in Europe at the end of 2018
Fiat Chrysler boosted by Jeep growth expectations
MILAN (Reuters) – Fiat Chrysler (FCHA.MI)(FCA) shares hit a record high on Monday on growing expectations that the carmaker’s coveted Jeep brand will unlock even greater value this year. The stock jumped more than 20 percent last week on a bullish outlook for the auto sector and media speculation that Chief Executive Sergio Marchionne’s final… Continue reading Fiat Chrysler boosted by Jeep growth expectations
Number of Charging Stations In U.S. Increased To 48,000 (15,000 in California)
Total Number of Level II and Fast Charging Units per State, with Share of Fast Charging Units (source: energy.gov) There are some 48,000 charging stations in the U.S. (AC Level II and DC fast chargers), out of which almost one third are located in California – more than 15,000. Hyundai IONIQ charging According to the… Continue reading Number of Charging Stations In U.S. Increased To 48,000 (15,000 in California)
This is going to be the world of the automobile and mobility in 2018
The study2025 Automotive 360º VisionIt is not a crystal ball, but it is a tool that anticipates tendencies of evolution in the automobile sector and mobility. This time we want to share with you some of our impressions for next year, while we take the opportunity to wish you a great 2018. Today we all… Continue reading This is going to be the world of the automobile and mobility in 2018
And dirty and dirty and dirty
In September 2015, Martin Winterkorn resigns as head of the VW Group – the diesel exhaust scandal has flared up at the latest. But he starts ten years earlier. A chronicle. Friday, 04.05.2018 14:42 clock With Martin Winterkorn now for years the unrestricted number one of the Volkswagen Group charged because of the diesel scandal… Continue reading And dirty and dirty and dirty
VW redistributes responsibility in the Group
V olkswagen CEO Herbert Diess will divide responsibility within the Group for the world regions in the future for his brands. In the future, one leading brand will take over group-wide control of a clearly defined world region, said Volkswagen on Friday in Wolfsburg. Decisions could be made more decentralized. “We’re giving the responsibility over… Continue reading VW redistributes responsibility in the Group
An industry is breaking up
Recently, Daimler battered an electric car from Tesla during intensive tests. “Tear down” is the name of such analyzes in jargon. They are common in the industry – but are actually different. Tesla Model X (icon image) Monday, 04.12.2017 19:26 clock “There’s nothing going on, why can not he and we not?” So snorted Martin… Continue reading An industry is breaking up
China’s Uber-Like Trucking Unicorns Merge As Sharing Economy Consolidates
After years of explosive growth, China’s vast sharing economy is entering consolidation mode. The latest merger news comes from Chinese Uber-like truck logistics leaders Yumanman and Huochebang, both valued at US$1 billion on China Money Network’s China Unicorn Ranking. The deal may herald more mega-mergers in the sharing space due to intense competition and overlapping business… Continue reading China’s Uber-Like Trucking Unicorns Merge As Sharing Economy Consolidates
Sluggish Sales Equal Production Slowdown For Alfa Romeo, Maserati, Jeep, Fiat
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Sluggish Sales Equal Production Slowdown For Alfa Romeo, Maserati, Jeep, Fiat
19 Oct 2017, 14:42 UTC · by Mircea Panait
/ Home / News / Industry
Bad news, fans of Fiat Chrysler’s most Italian of brands! Both Alfa Romeo and Maserati are not doing great regarding sales, the reason why FCA decided to cut production for both automakers. And the reason for this slump in demand? Apparently, new Chinese import rules have hit Fiat Chrysler hard, especially the two brands.
36 photosAlthough China faced criticism in the past for being too lenient on emissions and pollution, the People’s Republic is working hard on addressing these issues. Collateral damage comes in the form of increased restrictions for automakers, mostly because China follows the model set by France and the UK, countries that will ban the sale of fossil fuel cars and SUVs by 2040.
By August 2017, China had reached its 2020 target for solar energy installation, which makes the People’s Republic the largest producer of solar energy in the world. Large-scale carbon capture plants are also on the way, with the first of a planned eight currently being built. The bottom line is, China’s government is very focused on reducing the carbon footprint.
And as a result of these policies, imported automobiles are not exactly welcome in the Middle Kingdom unless they’re hybridized or electric. Alfa Romeo and Maserati don’t have such vehicles in their lineup, and that’s the gist of it. According to Automotive News, FCA declined to comment on the matter, but the cited publication has the numbers to back up its claims.
The Levante plant in Mirafiori will shut down for two weeks between October and November, with sales in China now averaging 350 examples per month compared to more than 800 units per month in the first half of the year. Over at Alfa Romeo, the Cassino plant in Italy now builds 265 vehicles per shift instead of 300. This decision follows four Fridays that were hampered down by production stops, totaling a loss of 2,000-plus Giulias and Stelvios.
From 2,666 Stelvio units delivered in China in July, Alfa Romeo slumped to 227 examples in August. As if that wasn’t bad enough, the Fiat 500X and Jeep Renegade have both seen production reductions at the Melfi plant in Italy. From the report: “Workers at the plant have been temporarily laid off for 21 days this year, including 11 days in the third quarter. As a result, production of the two models was down 25 percent in the quarter.”
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