Vans, not glamorous, but key as EU weighs autos mega-merger

MILAN/PARIS (Reuters) – Their silhouettes don’t stir dreams of adventure like a sports car or trendy SUV, but vans are a rare source of profit for European carmakers, which is why EU regulators are focused on them as they decide whether to back an industry mega-merger. FILE PHOTO: A Peugeot Rifter 4×4 concept van is… Continue reading Vans, not glamorous, but key as EU weighs autos mega-merger

@Daimler: 18. Jun 2020Green Finance Framework marks the next milestone of Daimler’s sustainable business strategy

Green Finance Framework lays foundation for a broad range of sustainable finance instruments such as green bonds and green loans Daimler meets the increasing investor demand for sustainable investments and opens an additional funding source for Daimler’s sustainable business strategy Green finance instruments allow investors to invest in green projects like the development and production… Continue reading @Daimler: 18. Jun 2020Green Finance Framework marks the next milestone of Daimler’s sustainable business strategy

Geely Automobile steps toward mainland China listing; HK shares surge

BEIJING/SHANGHAI (Reuters) – Geely Automobile Holdings Ltd (0175.HK) said its board has approved a preliminary proposal to list new renminbi shares on mainland China’s Nasdaq-like STAR board, sending its Hong Kong-listed shares up as much as 7% on Thursday. FILE PHOTO: The logo of Chinese carmaker Geely Auto is pictured at the second media day… Continue reading Geely Automobile steps toward mainland China listing; HK shares surge

@Daimler: More striking design, improved aerodynamics and more comfort

Since the legendary “Hammer” of 1986, the E-Class with its superior engine has been one of the central models which form the brand core of Mercedes-AMG. In the latest generation, the sporty vehicle dynamics of the performance models from Affalterbach are combined with considerably more comfort and supplemented by an extensive design update: the central… Continue reading @Daimler: More striking design, improved aerodynamics and more comfort

Daimler Buses to sell Mercedes-Benz buses in Vietnam

At the Chu Lai plant, THACO will assemble parts kits into chassis, before equipping them with their bodywork. Daimler Buses is expanding its bus business in South-East Asia and will start selling Mercedes-Benz chassis in Vietnam. For this purpose, Daimler Buses is teaming up with the local automobile corporation Truong Hai Auto Corporation (THACO). THACO… Continue reading Daimler Buses to sell Mercedes-Benz buses in Vietnam

China’s Geely Automobile moves towards mainland listing

BEIJING/SHANGHAI (Reuters) – Geely Automobile Holdings Ltd (0175.HK) said on Wednesday its board had approved a preliminary proposal for the possible issue of renminbi shares and a listing on mainland China’s Nasdaq-like STAR board. FILE PHOTO: The logo of Chinese carmaker Geely Auto is pictured at the second media day for the Shanghai auto show… Continue reading China’s Geely Automobile moves towards mainland listing

@Daimler: With the electric exhaust gas turbocharger Mercedes-AMG is increasing efficiency and performance

The future of Mercedes-AMG is turning electric and as part of this combines high efficiency with additional driving dynamics. To implement this combination to optimum effect, the developers in Affalterbach are working intensively on innovative technologies which will take performance to a new level. The next vehicle generation will see the deployment of the electric… Continue reading @Daimler: With the electric exhaust gas turbocharger Mercedes-AMG is increasing efficiency and performance

@Daimler: F1: Brixworth

A new senior leadership structure to tackle the challenges of the future Hywel Thomas, Adam Allsopp, Richard Stevens and Ronald Ballhaus to guide the company Andy Cowell will support the transition and a major future project of Mercedes-Benz AG Mercedes-AMG High Performance Powertrains (HPP) today announced a revised senior management structure from 1 July 2020… Continue reading @Daimler: F1: Brixworth

2021 Ineos Grenadier spy shots – Motor Authority

A rugged, utilitarian off-roader being developed by British chemicals giant Ineos has been spotted for the first time. It’s called the Grenadier, and it’s due to enter production in 2021 at a plant under construction in Bridgend, Wales. The site is only 30 minutes drive from where Aston Martin has built its new St Athan… Continue reading 2021 Ineos Grenadier spy shots – Motor Authority

Charging points surge ahead of electric car boom

FRANKFURT (Reuters) – The number of publicly accessible charging points for electric vehicles (EV) jumped 60% in 2019, the biggest increase in three years and outpacing sales of battery-powered cars, according to the International Energy Agency (IEA). FILE PHOTO: A Tesla is charged at an electric car supercharger station in Los Angeles, California, U.S. August… Continue reading Charging points surge ahead of electric car boom