Vauxhall says it does not expect any UK showroom staff to lose their jobs despite giving all of its 326 dealerships two years’ notice of contract termination. The carmaker, currently the second largest in the country by sales volume, said it would be proposing new deals with the “vast majority” of its franchisees under a… Continue reading Vauxhall showrooms face axe in contract shake-up
Tag: People
India: Scooter rental startup Vogo in talks to raise funds from Ola, VC firms
April 17, 2018 Scooter rental start-up Vogo Automotive Pvt. Ltd is in advanced talks to raise Rs40-45 crore from cab hailing platform Ola and venture capital firms Stellaris Ventures Partners and Matrix Partners, three people aware of the discussions said. As part of the proposed deal, Ola (ANI Technologies Pvt. Ltd) will lead the round,… Continue reading India: Scooter rental startup Vogo in talks to raise funds from Ola, VC firms
Opel: Tavares reminded of order by German politicians
After IG Metall, German politicians warn Carlos Tavares. “We are counting on the fulfillment of last year’s investment and employment commitments,” said Thorsten Schäfer-Gümbel, leader of the Social Democrat Party (SPD) in Hesse, where Opel headquarters is based. . In the coming days, PSA must prove the value of these commitments, “he added, warning against”… Continue reading Opel: Tavares reminded of order by German politicians
Hyundai Mobis open $2.8 million 3D printing and design workshop for vehicles
Hyundai Mobis, a subsidiary of Hyundai Motor Group that manufactures automotive parts in South Korea, has opened a 3D printing lab, the Design Model Workshop, which has the capacity to 3D print customized vehicle parts. It is South Korea’s first design research facility launched by an automotive component supplier. Prototyping 3D printed parts on clay… Continue reading Hyundai Mobis open $2.8 million 3D printing and design workshop for vehicles
China Tops World Electric Car Sales For Third Straight Year
China’s new energy car sales have topped the world for the third consecutive year, with 777,000 such cars sold in 2017, representing 54.7% of the world’s total sales, according to a report by state-owned media People.cn . China sold 777,000 new energy cars in 2017, representing a 53.3% growth compared with 2016. More than 80%… Continue reading China Tops World Electric Car Sales For Third Straight Year
Spartan Motors’ Utilimaster To Showcase Ford Transit Utility Van Upfit Solution At 2018 NAFA Institute And Expo
CHARLOTTE, Mich., April 17, 2018 /PRNewswire/ — Spartan Fleet Vehicles and Services (“Spartan”), a business unit of Spartan Motors, Inc. (NASDAQ: SPAR) which goes to market under the Utilimaster® and Spartan Upfit Services brands, will display its utility upfit Ford® Transit concept vehicle at the National Association of Fleet Administrators (NAFA) Institute & Expo in Anaheim,… Continue reading Spartan Motors’ Utilimaster To Showcase Ford Transit Utility Van Upfit Solution At 2018 NAFA Institute And Expo
Carvana acquires Car360 for $22M to improve its car buying platform
Carvana is already an innovative way to shop for a car and it could get better thanks to Car360. The two companies share an interest in improving the car buying experience through enhanced imagery. Car360’s approach is different from Carvana’s as it’s focused on photos shot with a mobile device. This approach could allow Carvana to… Continue reading Carvana acquires Car360 for $22M to improve its car buying platform
Comment: The spin-off of the truck division should only be the first step for VW
Almost a year ago, everything looked as if the Volkswagen Group after a long time for the first time would separate again from one of his daughters. In the summer, the Wolfsburg car company had initiated the sales process for its motorcycle subsidiary Ducati. But quickly came a clear No: The families Porsche and Piëch,… Continue reading Comment: The spin-off of the truck division should only be the first step for VW
China Does Tesla a Favor
As a measure of China’s importance to western carmakers, Volkswagen AG is tough to beat. Evercore ISI estimates the country contributed 43 percent of the German giant’s pretax profit last year. So any change to rules governing local joint ventures is potentially very significant. Yet China’s plan to liberalize ownership restrictions on local joint ventures was… Continue reading China Does Tesla a Favor
BMW Group Digital Day 2018.
Digitalisation is the dominant element in the radical ongoing transformation of personal mobility. It paves the way to a new driving experience, expands the possibilities for enhancing safety and comfort out on the road, and opens up new opportunities for efficient yet customer-focused development and manufacture of vehicles. The BMW Group is systematically forging ahead… Continue reading BMW Group Digital Day 2018.