Car companies are threatening new callback

Volkswagen and Mercedes are in the sights of the authorities, the transporters T6 and Vito threatens an official recall. For the Porsche Macan threatens the Kraftfahrt-Bundesamt even the withdrawal of the type approval. Volkswagen VW T6 Friday, 16.02.2018 13:18 clock For a long time, the federal government and the auto companies had a harmonious relationship.… Continue reading Car companies are threatening new callback

Self-Driving Cars Need Standardized Software to Avoid Crashes

Fans of self-driving cars will have breathed a sigh of relief at the news that Uber and Google’s Waymo, two giants in the industry, have settled their intellectual-property lawsuit. This removes a huge distraction for companies, and freeing them up to focus on their own research. So that’s good. Driverless cars will be an incredible… Continue reading Self-Driving Cars Need Standardized Software to Avoid Crashes

PROJECT TO TRANSFORM FAURECIA (SA) INTO A EUROPEAN COMPANY (SE)

At its meeting on February 15, 2018, the Faurecia Board of Directors decided to submit a proposal to shareholders to convert Faurecia as a “European Company” (Societas Europaea, SE) Around half of Faurecia’s sales currently come from Europe, where the Group has around 45,000 employees – including 10 000 in France – in 110 production sites… Continue reading PROJECT TO TRANSFORM FAURECIA (SA) INTO A EUROPEAN COMPANY (SE)

New Hendy dealership for Mazda, Kia and Honda in Eastleigh

Hendy Automotive is building a new multi-franchise dealership in Eastleigh Hampshire for Mazda, Kia and Honda. The company’s existing Leigh Road facility will now sell Ford. The new showrooms are expected to employ 90 people and the project is part of a partnership with Eastleigh Borough Council, which retains ownership of the site. Features include… Continue reading New Hendy dealership for Mazda, Kia and Honda in Eastleigh

Renault-Nissan-Mitsubishi alliance CEO claims to be ‘only carmaker making money selling electric cars’

Several automakers have been open about their difficulty making money by selling electric cars, or in some cases they don’t even try to make a profit and instead focus solely on getting the ZEV credits. Carlos Ghosn, chairman of the Renault-Nissan-Mitsubishi alliance, claims that they are ahead of the game when it comes to making money… Continue reading Renault-Nissan-Mitsubishi alliance CEO claims to be ‘only carmaker making money selling electric cars’

Carlos Ghosn continues as Renault boss until 2022

Renault Group boss Carlos Ghosn has been tasked with making the Renault-Nissan-Mitsubishi Alliance “irreversible” by ensuring better integration, as the company’s board of directors decided to renew his position for another four years.  Implementing Renault’s ‘Drive the future’ mid-term plan will be Ghosn’s main focus, with that plan ending in the same year as Ghosn’s extended tenure comes… Continue reading Carlos Ghosn continues as Renault boss until 2022

Limebike Raises $70M B+ Round As Bike Sharing Competition Intensifies

US-based bike sharing company LimeBike has raised a US$70 million B+ round, the company announced today. The funds will suppport the company’s expansion beyond its core bike rental business, to include electric bikes and scooters, differentiating it from Chinese bike sharing giants such as Mobike and ofo. California-based Fifth Wall Ventures led the funding round, which brings… Continue reading Limebike Raises $70M B+ Round As Bike Sharing Competition Intensifies

Elon Musk promises Model 3 safety changes after crash report

Engadget Tesla has an excellent reputation for safety and it looks like the Model 3 is just as solid as its other EVs — but it still needs a few tweaks. Reddit user “Model 3 Crash Dummy” managed to walk away from an accident that totaled his car, despite the fact that “the paramedics said… Continue reading Elon Musk promises Model 3 safety changes after crash report

AAM Reports Fourth Quarter and Full Year 2017 Financial Results

Terms of Use ATTENTION: PLEASE READ THESE TERMS CAREFULLY BEFORE USING THIS WEBSITE. USING THIS WEBSITE INDICATES THAT YOU ACCEPT THESE TERMS. IF YOU DO NOT ACCEPT THESE TERMS (“TERMS”), DO NOT USE THIS SITE. Use of AAM WebsiteAmerican Axle & Manufacturing, Inc. (“AAM”) authorizes you to view and download the materials on this website… Continue reading AAM Reports Fourth Quarter and Full Year 2017 Financial Results

Ineos Grenadier: prototypes due in 2018 under new engineering deal

German engineering firm MBtech, which is part-owned by Mercedes-Benz, has signed a deal with Ineos Automotive to engineer its Land Rover Defender-inspired Projekt Grenadier SUV. The technical tie-up will involve MBtech allocating 200 full-time engineers to the project from its Stuttgart base. According to Ineos Automotive CEO Dirk Heilmann, the deal will: “bring together German engineering and British design and entrepreneurship”.… Continue reading Ineos Grenadier: prototypes due in 2018 under new engineering deal