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

Illegal exhaust technology: Daimler has to recall 170,000 additional diesel vehicles

Mercedes logo Hundreds of thousands of vehicles are affected by the allegation of illegal exhaust technology. (Photo: dpa) Stuttgart The carmaker Daimler has to recall around 170,000 additional diesel vehicles because of the allegation of illegal exhaust technology. Older models of the A, B, C, E and S class are affected by Mercedes Benz with… Continue reading Illegal exhaust technology: Daimler has to recall 170,000 additional diesel vehicles

Mercedes not only cars: the business of the future will also come from software and digital services

INNOVATION The star brand is committed to making the most of the potential represented by systems such as Mbux capable of guaranteeing revenues of hundreds of millions of euros over the next five years by Corrado Canali The star brand is committed to making the most of the potential represented by systems such as Mbux… Continue reading Mercedes not only cars: the business of the future will also come from software and digital services

China’s Geely Automobile launches share placement of up to $859 million – ETAuto.com

The shares are priced in the HK$10.80-$11.20 range, after 4.44%-7.85% discount to the last closing price of HK$11.72. HONG KONG/BEIJING: China’s Geely Automobile Holdings Ltd has launched an $836 million-$859 million placement of 600 million new shares, according to a term sheet seen by Reuters. The shares are priced in the HK$10.80-$11.20 range, after 4.44%-7.85%… Continue reading China’s Geely Automobile launches share placement of up to $859 million – ETAuto.com

Flop of BlueIndy car-share reflects broader ride-hailing challenges

The electric-car sharing future has got the blues. BlueIndy, a pioneering car-sharing service in Indianapolis that launched in 2014, quietly closed last month. Beset by losses, the decision to pull the plug on BlueIndy’s electric cars came before the global coronavirus pandemic – and as other similar services have also shut their doors. BlueIndy, an electric-car sharing… Continue reading Flop of BlueIndy car-share reflects broader ride-hailing challenges