Microcar subsidiary reports delivery bottlenecks: Daimler misjudges again the E-Smart

All articles and backgrounds 01/23/2018 Micro-car subsidiary reports supply bottlenecks Daimler again misjudges the E-Smart Daimler Electric Smart Should the Daimler management cry or cheer about this news? Delivery bottlenecks in the electric smart mean that customers have to wait for up to a year for their new vehicle, reports the “Automobilwoche”, “The increase in… Continue reading Microcar subsidiary reports delivery bottlenecks: Daimler misjudges again the E-Smart

Halberg casting: VW Schreck Prevent buys

Automotive supplier Prevent The supplier group became known in the summer of 2016 due to its dispute with the Volkswagen Group. (Photo: AP) The German-Bosnian automotive supplier group Prevent surprises with another acquisition. Prevent takes over the medium-sized casting company Halberg Guss from Saarbrücken, as the supplier confirmed on Monday. For the purchase price, both… Continue reading Halberg casting: VW Schreck Prevent buys

Aston Martin hit by Daimler steering-column recall

PARIS (Reuters) – Aston Martin has become the latest carmaker to be caught up in a major recall of faulty Daimler (DAIGn.DE) steering-column components that can cause unintended airbag deployments. The British sports car maker is recalling all 3,873 DB11 coupes built since late 2015, when production of the flagship model began, sources with knowledge… Continue reading Aston Martin hit by Daimler steering-column recall

Uber rival Cabify has raised another $160M at a $1.4B valuation

Cabify, the Madrid-based startup that competes with the likes of Uber and 99 in Latin America as well as the Iberian peninsula, has closed out another round of funding as competition continues to heat up in the on-demand transportation sector. Cabify’s parent company Maxi Mobility has raised $160 million at a valuation of $1.4 billion,… Continue reading Uber rival Cabify has raised another $160M at a $1.4B valuation

Top Automotive Industry News for Week of January 15 – January 21, 2017

Here is the most important news associated with the automotive industry identified by the SEA for the week January 15, 2018 – January 21, 2018. We hope it helps you stay up to speed on the key developments in our industry: -AEA Membership News- Save The Date! The next AEA Members Reception will be held… Continue reading Top Automotive Industry News for Week of January 15 – January 21, 2017

Daimler struggling with European emissions standards

Dieter Zetsche, chairman of the management board of Daimler, says his company is struggling to meet tightened European emissions standards The chief executive of Daimler said Monday at the Detroit auto show that his company cannot currently guarantee it can meet tougher European CO2 emissions standards taking effect in several years. Dieter Zetsche, CEO of… Continue reading Daimler struggling with European emissions standards

BMW boss Harald Krüger: “Maybe some underestimated me”

As BMW chairman of the board for the last three two years, Harald Krüger was faced with many challenges during his tenure, from the industry-wide diesel issues in Europe to electrification of the fleet and fierce competition from new and old automakers. However, in an interview with the German Manager Magazin that the 53-year-old Krüger… Continue reading BMW boss Harald Krüger: “Maybe some underestimated me”

Audi aims to compete with Tesla Energy through a new ‘Smart Energy Network’

Ever since Tesla launched its own ‘Tesla Energy’ division to address the energy storage and generation side of the electric vehicle revolution, several automakers have launched similar programs. Audi becomes the latest with its ‘Smart Energy Network’. Home Solar Power The program is currently being tested in a pilot project in households located in the… Continue reading Audi aims to compete with Tesla Energy through a new ‘Smart Energy Network’

Turo car sharing marketplace launches in Germany

Peer-to-peer car sharing platform Turo is expanding to Germany officially starting today, after acquiring Daimler’s Croove in-house product forpvoding essentially the same service last September. Turo also received a significant strategic investment from Daimler at the same time as it acquired the automaker’s cars sharing experiment, and it now operates peer-to-peer rental services in the… Continue reading Turo car sharing marketplace launches in Germany

Groko soundings: Daimler boss calls for more flexible working hours law

Dieter Zetsche Dieter Zetsche praises the leaders of the CDU, CSU and SPD. But he also has demands for a future government. (Photo: AP) Daimler-Boss Dieter Zetsche has praised the CDU, CSU and SPD for the Europa Passages in the exploratory paper and called for deeper cooperation in the EU. “Now is the time to… Continue reading Groko soundings: Daimler boss calls for more flexible working hours law