Daimler raises profit outlook, sees potential Q2 sales hit from chip shortage

Mercedes-Benz car maker Daimler AG (DAIGn.DE) on Friday raised its profit outlook for 2021, but said the global semiconductor chip shortage may continue to impact sales in the second quarter. Daimler said it assumed there would be some recovery in chip availability in the second half of this year but there was limited visibility at… Continue reading Daimler raises profit outlook, sees potential Q2 sales hit from chip shortage

Daimler says chip shortage may further impact Q2 sales

Mercedes-Benz car maker Daimler AG (DAIGn.DE) on Friday raised its profit outlook for 2021, but said the global semiconductor chip shortage may continue to impact sales in the second quarter. Daimler said it assumed there would be some recovery in chip availability in the second half of this year but there was limited visibility at… Continue reading Daimler says chip shortage may further impact Q2 sales

@Daimler: Premiere of the Concept EQT – forerunner of a new premium quality in the small van segment

Mercedes-Benz Vans expands its product portfolio for families and fans of sports and other recreational activities Stuttgart. With the Concept EQT Mercedes-Benz Vans is giving a tangible impression of the first premium vehicle in the small van segment for families and private customers keen on leisure activities: the T-Class and its fully-electric variant. The near-series-production… Continue reading @Daimler: Premiere of the Concept EQT – forerunner of a new premium quality in the small van segment

Tesla refutes Elon Musk’s timeline on ‘full self-driving’

What Tesla CEO Elon Musk says publicly about the company’s progress on a fully autonomous driving system doesn’t match up with “engineering reality,” according to a memo that summarizes a meeting between California regulators and employees at the automaker. The memo, which transparency site Plainsite obtained via a Freedom of Information Act request and subsequently… Continue reading Tesla refutes Elon Musk’s timeline on ‘full self-driving’

Facelifted Lexus ES saloon unveiled at Shanghai Motor Show

Lexus has unveiled a facelifted version of its Mercedes E-Class rivalling ES executive saloon at the Shanghai Motor Show.  The hybrid-only ES has been the recipient of some slight styling changes, while the updates are said to place an even greater focus on quieter and more comfortable performance. At the front there’s an evolution of… Continue reading Facelifted Lexus ES saloon unveiled at Shanghai Motor Show

@niche: Sono Motors and MAN Truck & Bus Want to Jointly Analyze Applications of Solar Technology in Commercial Vehicles000864

Sono Motors is on a mission to enable a revolutionary mobility system, where every electric vehicle is solar, shared, and independent from fossil-fuels. Today, an experienced specialist team is developing a forward-looking electric car that is suitable for daily use, the Sion. Both the Sion’s integrated solar technology and innovative mobility services will enable users… Continue reading @niche: Sono Motors and MAN Truck & Bus Want to Jointly Analyze Applications of Solar Technology in Commercial Vehicles000864

German Manager Magazin: Tesla: Stellantis no longer wants to buy CO2 emissions certificates from Elon Musk000792

Tesla Earns a lot of money with competitors buying carbon credits from the US company. In the first quarter alone, the company took in $ 518 million. This lucrative source of money threatens to dry up faster the more other carmakers switch their production from cars with internal combustion engines to low-CO2 vehicles or fully… Continue reading German Manager Magazin: Tesla: Stellantis no longer wants to buy CO2 emissions certificates from Elon Musk000792

Aston Martin halves losses in first quarter as its SUV sales soar

Aston Martin Lagonda’s losses more than halved in the first quarter as sales of its first-ever sports utility vehicle (SUV) accelerated, especially in markets such as China. The luxury carmaker – which will get a significant marketing boost later this year as James Bond’s car of choice when the next film in the spy franchise… Continue reading Aston Martin halves losses in first quarter as its SUV sales soar

Indonesia and Thailand bet big on vehicle electrification

There are growing indications that the ASEAN could be seeing growth in electric mobility in the near future. According to an LMC Automotive report, there have recent developments in vehicle electrification in South East Asia, especially in the region’s two key markets of Indonesia and Thailand. Indonesia, which has one of the world’s richest reserves… Continue reading Indonesia and Thailand bet big on vehicle electrification