BMW warns of significant profit fall in 2019 seeks 12 billion euros in cuts

FILE PHOTO: The BMW logo is seen on the wheel of a vehicle presented at the Auto China 2016 auto show in Beijing, China, April 29, 2016. REUTERS/Damir Sagolj/File Photo MUNICH (Reuters) – BMW (BMWG.DE) on Wednesday said it expected group pretax profit to fall by more than 10 percent in 2019 and announced a… Continue reading BMW warns of significant profit fall in 2019 seeks 12 billion euros in cuts

VinFast Launches Limited Edition Lux SUV in Switzerland – Business Insider

HANOI, VIETNAM – Media OutReach – 6 March 2019 – VinFast will introduce its first luxury SUV at the Geneva Motor Show 2019 in Switzerland from March 7-17. Equipped with the powerful 6.2-litre V8 and outstanding interior and exterior upgrades, the newly-launched VinFast Lux V8 has quickly attracted the attention of international experts and media.   VinFast Lux… Continue reading VinFast Launches Limited Edition Lux SUV in Switzerland – Business Insider

Electric car promotion: VW wants free charging for low-income

Volkswagen demands from the Federal Government a comprehensive catalog of measures to promote the electromobility, After all, the group has dedicated itself entirely to this topic. March 19, 2019, 8:54 am, Andreas Donath Volkswagen ID: Range of 400 to 600 km (Image: Volkswagen) Low-income earners should be financially supported in the purchase of an electric… Continue reading Electric car promotion: VW wants free charging for low-income

Daimler: robotic taxis in large numbers

The manufacturer Mercedes-Benz plans in two years the serial production of robot taxis. This year you want to test with highly automated vehicles (level 4 to 5) in San José begin in the US state of California. In two years, these vehicles will then run in large numbers off the line. San José is to… Continue reading Daimler: robotic taxis in large numbers

INEOS Projekt Grenadier 4×4 on track for 2020 reveal, production in 2021 – Autoblog – Autoblog

The pursuit for a proper philosophical successor to the Land Rover Defender continues under the auspices of billionaire British businessman Jim Ratcliffe. In the past two years, Ratcliffe’s chemical company INEOS has created the standalone division INEOS Automotive, put CEO Dirk Heilmann in charge of a team of auto industry veterans, and contracted with MBtech… Continue reading INEOS Projekt Grenadier 4×4 on track for 2020 reveal, production in 2021 – Autoblog – Autoblog

Lion Electric Selects Dana as Preferred Supplier for its All-Electric Class 8 Vehicle

Dana to supply full complement of production-ready electrified technologies and traditional drivetrain systems New trucks offer Lion Electric’s advanced vehicle technologies and Dana’s expertise in proven conventional and e-Propulsion systems ATLANTA, March 18, 2019 /PRNewswire/ — Dana Incorporated (DAN) today announced that it has been chosen as a preferred supplier to the Lion Electric Company… Continue reading Lion Electric Selects Dana as Preferred Supplier for its All-Electric Class 8 Vehicle

Electromobility: Volkswagen splits the automotive industry

Electric motor production at Bosch Significantly fewer components than for an internal combustion engine. (Photo: Bosch) Berlin, Frankfurt, Munich, DüsseldorfWhen Harald Kruger on Wednesday morning the annual balance of BMW presented, then he is already on the go. In Berlin waiting for the BMW-Boss a meeting with his colleagues from Wolfsburg and Stuttgart. Together with… Continue reading Electromobility: Volkswagen splits the automotive industry

BMW Group publishes Sustainable Value Report 2018.

Munich. The BMW Group made further progress in shaping sustainable mobility last year, as documented by its new Sustainable Value Report 2018. The report will be released on 20 March 2019 to coincide with publication of the company’s Annual Report 2018 and will also be available online from this date. It provides information on current… Continue reading BMW Group publishes Sustainable Value Report 2018.

Car industry: VW boss Diess brings auto suppliers against him

Herbert dies The VW boss sees in electromobility the sole future of the car industry. (Photo: Bloomberg) StuttgartVolkswagen-Boss Herbert dies mastered an art that was previously only Ferdinand Piëch’s own in Wolfsburg – with just a few words to pique the entire industry. “Open technology is now the wrong slogan and leads to move the… Continue reading Car industry: VW boss Diess brings auto suppliers against him

Electromobility: VW is applying for research funding for e-car batteries

Volkswagen The Wolfsburg car manufacturer is currently pushing the entry into the electric mobility. (Photo: AP) HamburgVolkswagen is also committed to building a production of battery cells for electric cars government support, The company is interested in the Research funding at the Federal Ministry for Economic Affairs and Energy announced the Wolfsburg car manufacturer on… Continue reading Electromobility: VW is applying for research funding for e-car batteries