The British luxury car-maker Aston Martin is lining up a trio of banks to lead a prospective £4bn stock market listing that could take place within months. Sky News has learnt that the manufacturer of James Bond’s vehicle of choice is close to hiring Deutsche Bank, Goldman Sachs and JPMorgan as the global co-ordinators for… Continue reading Aston Martin lines up banks to steer £4bn stock market float
Tag: Production/Sales News
China’s ride-hailing service Didi Chuxing recruits drivers in Mexico
LightRocket via Getty Images In December, Reuters reported that China’s Didi Chuxing ride-hailing company would be expanding its business into Mexico, taking on rival Uber, which has the largest foothold in the country. Now, Reuters reports that the company is actively recruiting drivers and plans a launch in Toluca, Mexico. Sources familiar with the plan… Continue reading China’s ride-hailing service Didi Chuxing recruits drivers in Mexico
Volkswagen plans to squash production of one of its most iconic cars
The Beetle, the Bug, Herbie—whatever you call it, it looks like it’s being phased out. German automaker Volkswagen plans to stop production on the iconic vehicle after the current generation, the company’s research and development leader Frank Welsch confirmed to Autocar at this week’s Geneva Motor Show. Despite makings it way onto various lists of… Continue reading Volkswagen plans to squash production of one of its most iconic cars
VW subsidiary: employees of Skoda receive twelve percent more money
Skoda The vehicles of Skoda, the largest exporter of the Czech Republic, have become a bestseller in almost 30 years of belonging to Volkswagen. (Photo: obs) The employees of the Czech VW-Daughter Skoda get twelve percent more money. Union Kovo announced on Friday that it is accepting the latest offer from employers. This is a… Continue reading VW subsidiary: employees of Skoda receive twelve percent more money
Statistics – New registrations of passenger cars in March 2018 by brands and model series (FZ 10)
2018 Nissan Leaf electric car: Is there a fast-charging problem?
2018 Nissan Leaf with EVgo fast charger at NJ Turnpike Molly Pitcher travel plaza, Feb 2018 Enlarge Photo As Tesla has shown, not all fast charging is created equal. Now owners of the new 2018 Nissan Leaf are complaining that that the car’s “fast” charging is not always as fast as advertised. Owners have found… Continue reading 2018 Nissan Leaf electric car: Is there a fast-charging problem?
Electric transporter: Deutsche Post checks the IPO of the street scooter division
Electric vans of the German Post The logistics giant is considering an IPO for the electromobility division. (Photo: AP) The German postal service checks a report by the news agency Bloomberg According to strategic options for her Electric delivery truck Streetscooter. Considered also an external investor, who is to help with the expansion of the… Continue reading Electric transporter: Deutsche Post checks the IPO of the street scooter division
DS 4 and Citroën C4 owners can take part in the SCOOP project
• The SCOOP project is part of the rollout of V2X (Vehicle-to-Everything) systems to facilitate communication between vehicles and their environment• As part of the experiment, DS 4 and Citroën C4 vehicles can communicate to exchange information aimed at improving road safety Groupe PSA is offering its customers the chance to test V2X functions on several roads… Continue reading DS 4 and Citroën C4 owners can take part in the SCOOP project
German diesel car sales follow UK in falling off a cliff
New figures from the German automotive association KBA have shown a drop off in sales of diesel cars, topping off a poor run of news for European car manufacturers. Sales of diesel dropped by an astonishing 25 percent in March, compared to the same time last year. This follows similar declines of 19.5 percent in… Continue reading German diesel car sales follow UK in falling off a cliff
2018 Hyundai Ioniq Electric “Unlimited” subscription more limited this year
Follow John While global demand for the Hyundai Ioniq Electric appears to be strong, supplies have remained limited. The battery-electric compact hatchback, rated at 124 miles of range by the EPA, forgoes the “weird styling” of contenders like the previous Nissan Leaf. In the U.S., however, the all-electric Ioniq has been limited in sales to… Continue reading 2018 Hyundai Ioniq Electric “Unlimited” subscription more limited this year