BMW will not bring the iX3, the automaker’s first electric crossover, to the U.S., the latest automaker to shift its EV strategy to Europe and China. BMW told Automotive News, the first media outlet to report the change, that at this time, it doesn’t have plans to bring iX3 to the U.S. market. The change… Continue reading BMW axes plans to bring electric iX3 SUV to US
Tag: Daimler
March 2, 2020 ViaVan and Stagecoach launch new on-demand transport service in Tees Valley The new service, Tees Flex, brings demand responsi…
March 2, 2020 ViaVan and Stagecoach launch new on-demand transport service in Tees Valley The new service, Tees Flex, brings demand responsive transport to the region, joining other services throughout the UK powered by ViaVan, including in London, Milton Keynes, Liverpool, Oxford, and Leicester. 2 March 2020 (TEES VALLEY, UK) — ViaVan, the joint venture… Continue reading March 2, 2020 ViaVan and Stagecoach launch new on-demand transport service in Tees Valley The new service, Tees Flex, brings demand responsi…
How Bentley is recreating its legendary 4.5-litre Blower
Although generally agreed to be the most famous Bentley of all, the 4.5-litre Blower was a model the company’s famous founder couldn’t abide. WO Bentley’s theory was that to make the car go faster you gave it a bigger engine – a theory proved by the fact that the 6.5-litre Speed Six did much better… Continue reading How Bentley is recreating its legendary 4.5-litre Blower
Northvolt completes equity capital raise to enable Europe’s first homegrown gigafactories for lithium-ion batteries
Volkswagen Group and Goldman Sachs Merchant Banking Division lead a $1 billion equity capital raise in Northvolt alongside BMW Group, AMF, Folksam Group and IMAS Foundation. With the European Investment Bank and additional lenders set to provide debt financing as a part of the total funding, the establishment of the initial 16 GWh of lithium-ion… Continue reading Northvolt completes equity capital raise to enable Europe’s first homegrown gigafactories for lithium-ion batteries
Martinrea International Inc. Reports Strong Annual Earnings and Declares Increased Dividend
TORONTO, March 05, 2020 (GLOBE NEWSWIRE) — Martinrea International Inc. (TSX : MRE), a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, today announced the release of its financial results for the year and fourth quarter ended December 31, 2019 and that… Continue reading Martinrea International Inc. Reports Strong Annual Earnings and Declares Increased Dividend
Press release 07 / 2020- vehicle registrations in February 2020
Date 04/03/2020 Flensburg, March 4, 2020. In February, 239,943 Passenger cars (Passenger car) newly registered, -10.8 percent less than in the same month last year. Both commercial (66.8% / – 7.8%) and private New registrations (33.1% / – 16.1%) declined. With the exception of Porsche (+19.1%), the declining number of registrations in February extended to… Continue reading Press release 07 / 2020- vehicle registrations in February 2020
Aston Martin Replacing AMG V-8 with a Hybrid V-6 It Will Make Itself – Car and Driver
The CEO of sports-car maker Aston Martin tells C/D the company will engineer its own 3.0-liter hybrid V-6. The new engine will be built in the U.K. and will be at least as powerful as the AMG V-8 (pictured above, in the DB11) that it replaces. Aston’s V-12 will continue, but its production will be… Continue reading Aston Martin Replacing AMG V-8 with a Hybrid V-6 It Will Make Itself – Car and Driver
FIA could not prove Ferrari’s 2019 engine broke F1 rules
LONDON (Reuters) – Formula One’s governing body suspected Ferrari’s engine was not always operating within the rules last year but lacked conclusive evidence, it said on Thursday as a threat of legal action hung over the start of the new season. FILE PHOTO: Formula One F1 – French Grand Prix – Circuit Paul Ricard, Le… Continue reading FIA could not prove Ferrari’s 2019 engine broke F1 rules
Motor racing: FIA could not prove Ferrari’s 2019 engine broke F1 rules
LONDON (Reuters) – Formula One’s governing body suspected Ferrari’s engine was not always operating within the rules last year but lacked conclusive evidence, the FIA said on Thursday. The FIA explained in a statement that it had therefore reached a private settlement to avoid lengthy litigation and an uncertain outcome. The confidential settlement, announced last… Continue reading Motor racing: FIA could not prove Ferrari’s 2019 engine broke F1 rules
Uber open to using self-driving tech from competition: CEO
FILE PHOTO: Uber CEO Dara Khosrowshahi speaks to the media at an event in New Delhi, India, October 22, 2019. REUTERS/Anushree Fadnavis/File Photo (Reuters) – Uber Technologies Inc’s self-driving unit is open to using technology from competitors in the industry, the company’s chief executive said on Wednesday. “If any of those competitors want to put… Continue reading Uber open to using self-driving tech from competition: CEO