INDUSTRY 29 July 2019 1 ‘of reading Magna International has signed a joint venture agreement with the Chinese group BAIC and the Zhenjiang municipal government to build new energy vehicles in the city. The factory will have a production capacity of 180,000 vehicles per year. The start of operations is expected at the end of… Continue reading Magna will produce EV in a joint venture with BAIC
Tag: Daimler
France: New car sales down sharply
This is a new month to forget for the automotive industry. New car registrations in France fell by 14.1% in August. In total, it has registered 129.259 passenger vehicles last month, according to raw data from the Committee of French Automobile Manufacturers (CCFA) unveiled Monday morning. Traditionally characterized by reduced activity in automobile dealerships, August… Continue reading France: New car sales down sharply
Chinese BYD close to battery supply deal with Audi
Volkswagen’s Audi luxury-car brand is in talks to add China’s BYD as a supplier of batteries used in its premium electric vehicles.VW plans to deliver 22 million fully electric vehicles worldwide by 2028.BYD also cooperates with Audi rival Daimler on making the Denza brand of electric vehicles.
Automakers bank on buyback option to tackle slowdown
It’s not just the established companies that are offering this facility but also the new ones. Nilanjan Banerjee of New Delhi bought Mahindra’s premium luxury SUV, Alturas, this month. No big deal, except that he will keep the vehicle for three years, or 30,000 km, after which he is assured a buyback at 57% of… Continue reading Automakers bank on buyback option to tackle slowdown
Daimler Shares Vision for Share Now, Formerly car2go
As Daimler celebrates its landmark in carsharing, it looks to focus on future mobility concepts. Photo via Daimler. Beginning in 2009, Daimler established the first fleet for free-floating carsharing in Ulm with 200 smart vehicles. A year before, SHARE NOW, previously known as car2go, started operation as the first location-independent carsharing system worldwide. Today, Daimler… Continue reading Daimler Shares Vision for Share Now, Formerly car2go
Fredrik Wahrolén appointed Sales & Marketing Director for Koenigsegg
Fri, Jun 14, 2019 13:37 CET Koenigsegg Automotive has appointed Fredrik Wahrolén to a newly created position as Sales & Marketing Director. Fredrik comes to Koenigsegg from Mercedes-Benz where he was Head of PR & Communications for the Swedish market from 2014 to 2019. Prior to that, he worked in a variety of senior management… Continue reading Fredrik Wahrolén appointed Sales & Marketing Director for Koenigsegg
(LEAD) Audi Volkswagen Korea to apply lemon laws for cars sold since Jan.
(ATTN: ADDS details in paras 8-9) SEOUL, Aug. 29 (Yonhap) — Audi Volkswagen Korea said Thursday it will retroactively apply lemon laws on its vehicles sold since January in a move to boost declining sales in Asia’s fourth-biggest economy. The decision came as the German carmaker’s four brands — Audi, Volkswagen, Lamborghini and Bentley —… Continue reading (LEAD) Audi Volkswagen Korea to apply lemon laws for cars sold since Jan.
Bloomberg: VW’s Audi Negotiates Battery Supply Agreement With BYD
With Audi as a customer, BYD probably will need to step up its investments in battery production capacity again. According to Bloomberg’s unofficial sources, Audi (part of the Volkswagen Group) is in talks with Chinese BYD about lithium-ion battery supply for new models. Adding BYD to the list of suppliers would be important from the… Continue reading Bloomberg: VW’s Audi Negotiates Battery Supply Agreement With BYD
Successor Of The Mercedes-Benz Citan To Get Electric Version
eCitan to be the fourth all-electric model from Mercedes-Benz Vans. Mercedes-Benz has announced that the next-generation Citan small van will be developed again in cooperation with Renault-Nissan-Mitsubishi Alliance and there will be an all-electric version. The first generation, conventional Citan was introduced in 2012 as a fruit of partnership with Renault-Nissan Alliance. “Mercedes-Benz Vans has… Continue reading Successor Of The Mercedes-Benz Citan To Get Electric Version
Ten years of sharing – and many new ideas for the future
Stuttgart/Paris. Daimler was the first manufacturer to put a fleet of 200 smart vehicles on the road for location-independent carsharing in 2009. Ten years later, the sharing economy has grown into a booming industry – with carsharing as one of the most popular business models. The brand celebrated the anniversary together with SHARE NOW in… Continue reading Ten years of sharing – and many new ideas for the future