The seven-point plan includes strengthening individual brands such as VW, Audi and Porsche, growth in China and boosting software operations. Frankfurt: Days before production starts on Volkswagen AG’s cornerstone electric vehicle, the German manufacturer is stepping up a campaign to more than double the market value and gain investor recognition for the industry’s most ambitious… Continue reading VW Finance Chief outlines road map for $222-billion ambition
Tag: Ford
GM, Toyota, Fiat Chrysler back Trump on California emissions challenge
WASHINGTON (Reuters) – General Motors Co (GM.N), Toyota Motor Corp (7203.T), Hyundai Motor Co (005380.KS), Fiat Chrysler Automobiles NV (FCHA.MI) and other major automakers are siding with the Trump administration in its bid to bar California from setting its own fuel efficiency rules or zero-emission vehicles requirements. FILE PHOTO: Morning commuters travel in rush hour… Continue reading GM, Toyota, Fiat Chrysler back Trump on California emissions challenge
Ford Canada to cut 450 jobs in Oakville as production of two vehicles ends – Airdrie Today
OAKVILLE, Ont. — Ford Motor Co. will eliminate 450 jobs at its largest Canadian manufacturing operation in Oakville by early next year as it discontinues some models amid weak sales and a major refresh of Ford’s product lineup. The jobs represent nearly 11 per cent of the Oakville assembly plant’s 4,200 workers and 5.6 per cent… Continue reading Ford Canada to cut 450 jobs in Oakville as production of two vehicles ends – Airdrie Today
Retrospective: Ford Flex Stood Out as Bold, Fun and Fashionable in a Crowded Minivan/SUV Segment
DEARBORN, Mich., Oct. 28, 2019 – Fun and fashionable, the 2008 Ford Flex dared to be bold. It gained a loyal following as a stylish, roomy wagon blending sport/utility vehicle and minivan capability in a low-slung retro-inspired package. Today, as part of a plan to strengthen its focus on products in the heart of the… Continue reading Retrospective: Ford Flex Stood Out as Bold, Fun and Fashionable in a Crowded Minivan/SUV Segment
UPDATE 1-Ford to cut 450 jobs at Canada plant on Flex, Lincoln MKT production halt
FILE PHOTO: Ford logo is pictured at the 2019 Frankfurt Motor Show (IAA) in Frankfurt, Germany September 10, 2019. REUTERS/Wolfgang Rattay (Reuters) – Ford Motor Co will cut about 450 jobs at its Oakville assembly plant in Ontario, as the No. 2 U.S. carmaker discontinues production of the Ford Flex and Lincoln MKT, Canada’s largest… Continue reading UPDATE 1-Ford to cut 450 jobs at Canada plant on Flex, Lincoln MKT production halt
Elon Musk: Tesla electric ‘Cybertruck’ pickup is our best product ever
While Elon Musk didn’t want to talk about the upcoming Tesla pickup truck today, he still managed to hype the vehicle up by saying that the ‘Cybertruck’ could be Tesla’s best product ever. Many people, including financial analysts, are trying to know more about the upcoming Tesla vehicle. During the conference call following Tesla’s Q3… Continue reading Elon Musk: Tesla electric ‘Cybertruck’ pickup is our best product ever
Improvement in Key Automotive Markets, Ford Credit Contribute to Ford’s Q3, YTD Operating Results
About Ford Motor Company Ford Motor Company is a global company based in Dearborn, Michigan. The company designs, manufactures, markets and services a full line of Ford cars, trucks, SUVs, electrified vehicles and Lincoln luxury vehicles, provides financial services through Ford Motor Credit Company and is pursuing leadership positions in electrification, autonomous vehicles and mobility… Continue reading Improvement in Key Automotive Markets, Ford Credit Contribute to Ford’s Q3, YTD Operating Results
Martinrea International Inc. Announces Strategic Relationship With Millison Die Casting
TORONTO, Oct. 23, 2019 (GLOBE NEWSWIRE) — Martinrea International Inc. (TSX : MRE), a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, today announced a strategic relationship with Chongqing Millison Die Casting Co., Ltd. Based in Chongqing, China, Millison manufactures and distributes… Continue reading Martinrea International Inc. Announces Strategic Relationship With Millison Die Casting
U.S. EPA chief hints vehicle CO2 limits will tighten
DETROIT (Reuters) – The Trump administration’s chief environmental regulator said on Tuesday final U.S. vehicle carbon dioxide standards due out later this year could be more restrictive than current rules enacted by the Obama administration because they will eliminate certain loopholes. FILE PHOTO: U.S. Environmental Protection Agency (EPA) Administrator Andrew Wheeler testifies before a House… Continue reading U.S. EPA chief hints vehicle CO2 limits will tighten
Car maker: Volkswagen launches pilot project with electric cars in Rwanda
Production of the E-Golf in Dresden Volkswagen wants to promote electromobility in Africa with a pilot project. In Rwanda’s capital Kigali will soon drive 50 e-Golf. (Photo: AP) Johannesburg wants to pilot a project Volkswagen in e-mobility in Africa Set accents. In Rwanda’s capital Kigali 50 E-Golf will soon be driving, announced the CEO of… Continue reading Car maker: Volkswagen launches pilot project with electric cars in Rwanda