Subaru Corporation Announces Consolidated Financial Results For the Nine Months of FYE 2018

Tokyo, February 8, 2018 – Subaru Corporation today announced its consolidated financial results for the first nine months of fiscal year ending March 31, 2018. < Results for April-December 2017: Consolidated Net Sales >Global sales of Subaru vehicles rose 2.0% to 802,000 units. Unit sales in Japan grew 12.6% to 119,000 units, as strong sales… Continue reading Subaru Corporation Announces Consolidated Financial Results For the Nine Months of FYE 2018

Big Car-Auction Firm KAR Buys SF Mobility Support Startup Stratim

With an eye toward a greater role in the future of mobility services, the big Indiana used-car auction company KAR announced Wednesday it acquired Stratim, a software startup that organizes maintenance and repairs for car-sharing fleets. Carmel, IN-based KAR (NYSE: KAR) says Stratim not only augments its core auction business, but also bolsters its advances… Continue reading Big Car-Auction Firm KAR Buys SF Mobility Support Startup Stratim

Mobility services platform Stratim, formerly known as Zirx, sells to KAR

On the heels of its rebrand in November, mobility service STRATIM has sold itself to KAR Auction Services, a car remarketing company. Terms of the deal were not disclosed. STRATIM, formerly known as on-demand valet and car services startup ZIRX, powers fleet management for more than 50 companies, including BMW (DriveNow), General Motors (Maven), Ford… Continue reading Mobility services platform Stratim, formerly known as Zirx, sells to KAR

Nio advertises in Germany

The Chinese startup Nio is looking for specialists in Germany. Nio wants to build autonomous electric cars, like many other startups too, and holds the speed record for autonomous driving. For the development one needs money and especially professionalsthat you obviously look for in Germany. So you have already made an offer to BMW employees,… Continue reading Nio advertises in Germany

Volkswagen and Daimler report bottlenecks: Caught in the German electric car production hell

All articles and backgrounds 07/02/2018 Volkswagen and Daimler report bottlenecks trapped in German electric car production hell Volkswagen AG Gläserne Manufaktur in Dresden: This is where the E-Golf comes into being – in small numbers When it comes to e-Golf, Bernd Glathe is currently out of the picture. When customers look for the electric car… Continue reading Volkswagen and Daimler report bottlenecks: Caught in the German electric car production hell

First look at Ionity ‘ultra-fast’ charging network map of planned stations

Ionity, the new ‘ultra-fast’ joint electric car charging network by BMW, Mercedes, Ford and Volkswagen, is slowly starting to take shape in Europe and now we get to see the map of their planned stations for the first time. Home Solar Power This new network is believed by many to be the most important electric vehicle charging infrastructure effort… Continue reading First look at Ionity ‘ultra-fast’ charging network map of planned stations

Press Release No. 03/2018 – Vehicle registrations in January 2018

date 06/02/2018 Flensburg, 6 February 2018. With 269,429 newly registered Passenger cars ( car ) and with a plus of +11.6 percent were the registrations stronger than a year ago. The share of private registrations (35.1%) rose by +24.5 percent, that of commercial (+4.7 percent) by 64.7 percent. petrol-driven car increased by + 32.1 percent.… Continue reading Press Release No. 03/2018 – Vehicle registrations in January
2018

Aston Martin CEO Andy Palmer on Aston’s Product Roadmap, Business Prospects

With the launch of its excellent DB11, Aston Martin sales spiked 56 percent in 2017, with more than 5,100 cars sold, the most the company has shifted since 2008. Aston’s leader from 2014, Englishman Andy Palmer, is strongly optimistic about the prospects for the company, founded in 1913, over its next century, as the onetime… Continue reading Aston Martin CEO Andy Palmer on Aston’s Product Roadmap, Business Prospects

Continental & Nvidia want leadership in Autonomous Driving

The two companies, Continental and Nvidia, agree on a collaboration for autonomous driving. A new cooperation in the field of autonomous driving is beginning. In doing so, the suppliers want Continentalwho is also the BMW coalition belongs to the Baidu partners and the IT specialist Nvidia cooperate. Nvidia works with many companies, especially the IT… Continue reading Continental & Nvidia want leadership in Autonomous Driving

Porsche doubles e-mobility investment to over six billion euros by 2022

ATLANTA, Feb. 5, 2018 /PRNewswire/ — Porsche has been putting together an unprecedented future development plan: By 2022, the sports car manufacturer will invest more than six billion euros in e-mobility, focusing on both plug-in hybrids and purely electric vehicles. The decision was made by the Porsche AG Supervisory Board at its most recent meeting. “We… Continue reading Porsche doubles e-mobility investment to over six billion euros by 2022