LONDON (Reuters) – Formula E founder and chief executive Alejandro Agag has made a 600 million euro ($716.34 million) bid to take full ownership of the company, the all-electric series said on Friday. FILE PHOTO: Alejandro Agag, Formula E CEO, speaks during an interview with Reuters ahead of round four of the Formula E championship… Continue reading UPDATE 1-Motor racing-Agag makes 600m euro bid for Formula E
Tag: People
VW’s version of the single adversaries fizzles
The indictment of US justice against the former VW boss Martin Winterkorn contradicts the previous defense strategy of the car company. What did the then leadership know about diesel fraud? VW plant in Wolfsburg (archive) Friday, 04.05.2018 16:53 clock This Thursday should actually be a liberation for Volkswagen. The new CEO Herbert Diess promised his… Continue reading VW’s version of the single adversaries fizzles
BMW develops new electric personal mover concept for staffers
The BMW Group has developed a new kind of micro-mobility concept for employees. The Personal Mover Concept – an electric one-person means of transport for covering short distances within an operating site – can be used for personal transportation both inside buildings and outside and is also suitable for carrying objects. Employees at BMW Group plants… Continue reading BMW develops new electric personal mover concept for staffers
Exclusive: 2040 UK ban on sale of new combustion-engined cars set to be confirmed
The Government will ban the sale of new cars that achieve less than 50 miles of electric range from 2040, Autocar can exclusively reveal. The plan, called Road to Zero and set to be unveiled imminently, follows on from last year’s announcement that it would ban all diesel and petrol cars in the UK by that year, as… Continue reading Exclusive: 2040 UK ban on sale of new combustion-engined cars set to be confirmed
Back up – all new U.S. cars must have rear-view cameras
On May 1st, a four-year-old bill came into effect that requires new U.S. vehicles under 10,000 pounds to have rear-facing cameras. As young students in driver’s education class, we were taught to put one hand on the top of the steering wheel, the other on the head-rest of the passenger seat. Then, we learned how… Continue reading Back up – all new U.S. cars must have rear-view cameras
Industrial dispute in Rüsselsheim: IG Metall does not expect soon Opel collective bargaining
Soon agreement in the Opel wage dispute not in sight The plans for the German Opel locations should not be dictated unilaterally, says Gesamt-Betriebsratschef Wolfgang Schäfer-Klug. (Photo: AP) In the dispute over the future of Opel The IG Metall has responded to signals from PSA chief Carlos Tavares. The head of the district center, Jörg… Continue reading Industrial dispute in Rüsselsheim: IG Metall does not expect soon Opel collective bargaining
AAM Reports First Quarter 2018 Financial Results
Terms of Use ATTENTION: PLEASE READ THESE TERMS CAREFULLY BEFORE USING THIS WEBSITE. USING THIS WEBSITE INDICATES THAT YOU ACCEPT THESE TERMS. IF YOU DO NOT ACCEPT THESE TERMS (“TERMS”), DO NOT USE THIS SITE. Use of AAM WebsiteAmerican Axle & Manufacturing, Inc. (“AAM”) authorizes you to view and download the materials on this website… Continue reading AAM Reports First Quarter 2018 Financial Results
‘We are evaluating BMW’s plug-in hybrid range to see if we can bring something to India.’
Vikram Pawah, president, BMW Group India, speaks to Sumantra B Barooah on the sidelines of the launch of the Mini Countryman on the enduring appeal of the Mini brand, the company’s strategy in a competitive luxury car market, evaluating hybrids for India as a result of customer demand, expanding the BMW Motorrad dealer network, exploring sourcing of… Continue reading ‘We are evaluating BMW’s plug-in hybrid range to see if we can bring something to India.’
BMW Group sells 604,629 units globally in Q1 2018
The BMW Group is bullish on achieving new record sales and revenues in 2018 in spite of extremely high levels of upfront expenditure for new technologies, fierce competition, rising personnel expenses and volatile global, political and economic environment. The BMW Group, which comprises brands such as BMW, Mini, Rolls-Royce and BMW Motorrad, has registered cumulative… Continue reading BMW Group sells 604,629 units globally in Q1 2018
UK new car registrations up in April as market jumps after last year’s VED turbulence
UK new car registrations rise 10.4% in April, as market rebalances following VED disruption in 2017. Alternatively Fuelled Vehicles see notable increase in demand, up 49.3%, but diesel continues downward trend. Year-to-date market down -8.8%, as uncertainty continues to affect overall market. SEE CAR REGISTRATIONS BY BRAND DOWNLOAD THE PRESS RELEASE AND DATA The UK… Continue reading UK new car registrations up in April as market jumps after last year’s VED turbulence