[embedded content] IONITY is set to unveil at the 2018 Geneva Motor Show a design concept of its ultra-fast charging stations. The IONITY charging station design concept The concept looks gorgeous if you ask us – there’s everything needed for the ultimate, future-proof 350 kW power level. BMW, Daimler, Ford, Volkswagen, Audi and Porsche (Volkswagen… Continue reading IONITY Debuts 350 kW Ultra-Fast Charging Station
Tag: Ford
Ford to Lay Off 2,000 Workers for Ranger, Bronco Retooling
Ford Motor Co. will lay off about 2,000 workers for almost six months this year as the U.S. automaker retools a Michigan plant to produce Ranger pickups and Bronco sport utility vehicles. Workers at Michigan Assembly Plant in Wayne, west of Detroit, will be temporarily dismissed from around May 7 through Oct. 22, according to a… Continue reading Ford to Lay Off 2,000 Workers for Ranger, Bronco Retooling
New Volvo XC40 is named 2018 European Car of the Year
New Volvo XC40 is named 2018 European Car of the Year The new Volvo XC40 small SUV has been named the 2018 European Car of the Year ahead of the Geneva Motor Show in Switzerland. It is the first win of this prestigious award for Volvo Cars, the premium car maker. “Winning this… Continue reading New Volvo XC40 is named 2018 European Car of the Year
BRIEF-Ford Says Expects To Temporarily Layoff About 2000 Hourly Employees
March 5 (Reuters) – Ford Motor Co: * FORD, IN LETTER DATED MARCH 2, SAYS EXPECTS TO TEMPORARILY LAYOFF ABOUT 2000 HOURLY EMPLOYEES ON OR ABOUT MAY 7 THROUGH OCT. 22 * FORD, IN LETTER DATED MARCH 2, SAYS EXPECTS TO TEMPORARILY LAYOFF EMPLOYEES AT MICHIGAN ASSEMBLY & STAMPING PLANTS Source text: (bit.ly/2CZBd6I) Further company… Continue reading BRIEF-Ford Says Expects To Temporarily Layoff About 2000 Hourly Employees
Diesel slide continues as UK car sales fall for 11th month running
Automotive industry Number of new cars registered in February falls by 2.8% despite rises in petrol and electric sales The number of new cars registered in February dropped by 2.8% from a year ago. Photograph: Gareth Fuller/PA Slumping demand for diesel vehicles dragged down new car sales in February, marking the 11th consecutive month of… Continue reading Diesel slide continues as UK car sales fall for 11th month running
The death of diesel: can struggling industry woo back consumers?
Automotive industry Amid fears about pollution, penalties and bans, buyers are abandoning diesel cars in droves Experts predict diesel’s UK market share will drop from one in two cars sold to one in seven by 2025. Photograph: Martin Meissner/AP No customers were troubling the Jaguar showroom in Welwyn Garden City on Friday, at the start… Continue reading The death of diesel: can struggling industry woo back consumers?
Geely drives in for M&A loan
* Loans: Chinese carmaker borrows €3.1bn for stake in Volvo trucks By Yan Jiang HONG KONG, March 3 (IFR) – Zhejiang Geely Holding Group , China’s largest privately owned carmaker, is raising €3.05bn (US$3.8bn) to fund its acquisition of an 8.2% stake in Swedish truckmaker AB Volvo, in one of the country’s biggest outbound investments… Continue reading Geely drives in for M&A loan
Ford plans temporary layoffs for Ranger, Bronco retool
Buy Photo After an eight-year absence, Ford’s Ranger pickup — shown here at the North American International Auto Show at Cobo Center in Detroit on Jan. 14, 2018 — is heading back to U.S. showrooms, hoping to pick up on the midsize truck revival. Set to be built at the Wayne, Michigan assembly plant, the… Continue reading Ford plans temporary layoffs for Ranger, Bronco retool
Ford Motor Co warns Trump metal tariffs may hike commodity prices
WASHINGTON, March 2 (Reuters) – Ford Motor Co said on Friday that U.S. President Donald Trump’s announced steel and aluminum tariffs could boost domestic commodity prices and harm the“competitiveness of American manufacturers.” In a statement, Ford noted the tariffs’ impact even though the automaker buys“the vast majority of its steel and aluminum for U.S. production… Continue reading Ford Motor Co warns Trump metal tariffs may hike commodity prices
Toyota starts a new $2.8 billion company to develop self-driving software
Toyota is expanding its pursuit of self-driving cars by starting a new company called Toyota Research Institute-Advanced Development, or TRI-AD. The Japanese automaker is starting the company in conjunction with automotive supplier Aisin Seiki and Denso, and together, they plan to invest $2.8 billion into TRI-AD in the coming years and hire around 1,000 employees… Continue reading Toyota starts a new $2.8 billion company to develop self-driving software