FILE PHOTO: Former Volkswagen head and former CEO of German luxury carmaker BMW, Bernd Pischetsrieder arrives at a courtroom in Munich before the start of his trial October 24, 2011. Pischetsrieder is accused of tax evasion. REUTERS/Michael Dalder FRANKFURT (Reuters) – The Alfried Krupp von Bohlen and Halbach Foundation, Thyssenkrupp’s (TKAG.DE) top shareholder, has appointed… Continue reading Thyssenkrupp’s top shareholder appoints ex-Volkswagen CEO
Tag: Daimler
Always fresh – The new Sprinter as a refrigerated and insulated van.
The reliable partner for every delivery service, the new Sprinter is designed to meet a variety of different needs and also features technical innovations. Sprinter bodies from the Mercedes-Benz service partner Winter are convenient and come with an integrated cooling system. This eliminates the need for an additional roof mounting. This makes the Sprinter from… Continue reading Always fresh – The new Sprinter as a refrigerated and insulated van.
China’s BAIC sinks on report Daimler may raise stake in joint venture
FILE PHOTO: The logo of Beijing Automotive Group (BAIC) is seen during the Auto China 2016 auto show in Beijing, China, April 29, 2016. REUTERS/Damir Sagolj (Reuters) – BAIC Motor Corp’s (1958.HK) shares slumped 13.5 percent on Wednesday after Bloomberg reported that Germany’s Daimler AG (DAIGn.DE) is considering increasing its stake in its joint venture… Continue reading China’s BAIC sinks on report Daimler may raise stake in joint venture
UPDATE 1-Volkswagen says it may use Ford’s U.S. manufacturing capacity
Volkswagen AG CEO Herbert Diess and chief lobbyist Thomas Steg face reporters as they arrive for a meeting between senior Trump administration officials and top executives of Daimler AG and Volkswagen and at the White House in Washington, U.S., December 4, 2018. REUTERS/Kevin Lamarque WASHINGTON (Reuters) – Volkswagen’s (VOWG_p.DE) chief executive said on Tuesday after… Continue reading UPDATE 1-Volkswagen says it may use Ford’s U.S. manufacturing capacity
Handelsblatt Auto summit: BMW sees itself well positioned with Elektrostrategie in the USA
BMW manager Oliver Zipse “You have to accept the primacy of politics.” (Photo: Uta Wagner for Handelsblatt) Wolfsburg is relaxed BMWProduction Manager Oliver Zipse on the Handelsblatt car summit, Because the manager knows: In the discussion about tariffs and added value with the US government has BMW good arguments. “Long before the issue of tariffs… Continue reading Handelsblatt Auto summit: BMW sees itself well positioned with Elektrostrategie in the USA
Handelsblatt Auto Summit: Volkswagen announces the end of the internal combustion engine
VW production director Michael Jost Energy balance for the entire life cycle of a vehicle. (Photo: Uta Wagner for Handelsblatt) Wolfsburg product strategy is nothing new for Michael Jost. Already ten years ago, the automanager joined Skoda taken care of. In 2015 he moved to Wolfsburg to do the same job for the brand there… Continue reading Handelsblatt Auto Summit: Volkswagen announces the end of the internal combustion engine
Daimler raises prospect of boosting stake in Chinese partner: Bloomberg
The Daimler logo is seen before the Daimler annual shareholder meeting in Berlin, Germany, April 5, 2018. REUTERS/Hannibal Hanschke (Reuters) – Germany’s Daimler AG (DAIGn.DE) has raised the prospect of increasing its stake in a joint venture with Chinese partner BAIC Motor Corp (1958.HK), Bloomberg reported on Tuesday, citing people familiar with the matter. Daimler… Continue reading Daimler raises prospect of boosting stake in Chinese partner: Bloomberg
Mahindra launches the Alturas G4, a luxury SUV to redefine the high-end SUV segment
Mahindra launches the Alturas G4, a luxury SUV to redefine the high-end SUV segment
Attractive launch price starting at Rs. 26.95 lacs for 2WD (ex-showroom) across India
Synopsis
Bold & Imposing design with chrome front grille, HID headlamps with LED DRLs, 45.72 cm (18”) diamond cut alloy wheels, LED fog lamps with cornering lamps, LED tail lamps and dual tone roof rails
Luxurious tan and black interiors with quilted Nappa leather upholstery, award-winning ergonomic seat design, Easy Access Mode, Memory Profile for Driver seat & ORVM, Dual Zone Fully Automatic Temperature Control, Ambient Mood Lighting, Ventilated front seats and Electric Sunroof
Advanced high-tech features like 3D Around View Camera system, Smart Powered Tailgate, 20” Touchscreen Infotainment system with Android Auto & Apple CarPlay, a 7” 3-mode TFT LCD cluster, Electronic Parking Brake with auto-hold and auto-tilting ORVMs when in reverse.
Powerful 2.2 litre, 4-cylinder engine producing 133.1 kW (178 BHP) of power and 420 Nm of torque. It comes with the Mercedes-Benz 7- speed Automatic Transmission in both variants.
Unmatched safety with features like 9 Airbags, Electronic Stability Program (ESP), Hill Start Assist (HSA), Active Rollover Protection (ARP), Traction Control System (TCS), Hill Descent Control (HDC). High-strength steel quad frame structure which offers an added layer of protection.
Available in 2 variants – 2WD and 4WD, and 5 colours – Napoli Black, Pearl White, Dsat Silver, Regal Blue and Lakeside Brown
To be available in a separate high-end showroom within the Mahindra ‘World of SUVs’, and with exclusive Relationship Managers
Launch of Purple Club+, an exclusive loyalty program that would enable customers to earn and redeem points based on engagements with the Mahindra brand
November 24, 2018, Jaipur: Mahindra & Mahindra Ltd. (M&M), a part of the US $20.7 billion Mahindra Group, today launched its eagerly awaited high-end SUV , the Alturas G4. From its imposing exteriors to its premium interiors, every detail in the Alturas G4 has been finely crafted. With advanced high-tech features and unmatched safety equipments, the Alturas G4 is all set to create a new benchmark in the high-end SUV segment. It will be available at Mahindra dealerships across India starting November 26, 2018 at an attractive launch price of Rs. 26.95 lacs (ex-showroom) for the 2WD variant.
Speaking at the launch, Dr. Pawan Goenka, Managing Director, Mahindra & Mahindra Ltd said, “The launch of the Alturas G4 is a significant moment in the automotive journey of Mahindra which will take the brand to the next level. With the Alturas G4, we have decided to adopt an endorsed brand strategy which will heighten brand desirability & aspiration. The product is the epitome of luxury in every sense. Therefore we believe the Alturas G4 aptly redefines royalty which is also its positioning.”
Rajan Wadhera, President – Automotive Sector, Mahindra & Mahindra Ltd., mentioned, “The Alturas G4, with its excellent proposition of imposing design, exquisite interiors, state-of-the-art technology, exhilarating performance and unmatched safety, all at an attractive price point, is poised to redefine the high-end SUV segment. It is our most luxurious offering and comes with a host of technology & safety features such as the 3D Around View Camera system, Easy Access Mode, Ventilated Seats, many of which are not available in vehicles at a similar price range.”
The Alturas G4 would be exclusively available through separate high-end showrooms within the existing Mahindra ‘World of SUVs’ dealerships. These outlets will be equipped with ultra-modern digital technology to provide an enhanced and immersive high-end experience for customers. All Alturas G4 customers will have access to exclusive Relationship Managers to cater to their requirements, which is another segment first.
With the Alturas G4, Mahindra will also introduce a new premium loyalty program, Purple Club+. This will be a first-in-category loyalty program that will enable customers to earn and redeem points, based on engagements with the Mahindra brand.
About the Alturas G4
Bold & Imposing Design: Rugged front lines combined with a dynamic character line along the sides provide the commanding appearance of an authentic SUV. The Alturas G4 emerges as an absolute head-turner with its
Best-in-class* width, height and wheelbase
Chrome Front Grille
HID Headlamps with LED DRLs
45.72 cm (18”) Diamond Cut Alloy Wheels
LED tail lamps
LED fog lamps with cornering lamps
Silver and black roof rails
Chrome window surrounds
Luxurious Tan and Black Interiors:
Quilted Nappa leather upholstery
First-in-class* Ventilated Front Seats
First-in-class* Easy Access Mode
8-way adjustable powered driver seat with memory profile
Dual Zone Fully Automatic Temperature Control (FATC)
Electric sunroof with Anti-pinch feature
Ambient Mood Lighting
Award Winning ergonomically designed seats (Grand Prize at the Ergonomic Design Awards 2017, Korea)
*Compared to high end SUVs between Rs. 26-35 lacs (ex-showroom price)
Exhilarating Performance:
The Alturas G4’s powerful 2.2 litre 4-cylinder engine produces 133.1 kW (178 BHP) power and 420 Nm of torque. Performance is maximized by the cutting-edge electrical variable geometry turbocharger (E-VGT). The Advanced Compressor Wheel lowers noise and maximises efficiency.
It comes with the Mercedes-Benz 7-Speed automatic transmission and is available in both 2WD and 4WD variants
State-of-the-art Technology Features:
First-in-class * 3D Around View Camera system: 4 cameras (front, rear, both ORVMs) for a 360 degree view
Smart Powered Tailgate that opens automatically provided the key is in your pocket and you stand behind the rear of the vehicle for just 3 seconds
17.78 cm (7”) TFT LCD Cluster with a 3-mode setting- Regular, Animation and RPM-Linked
20.32 cm (8”) infotainment touchscreen with Bluetooth, AUX and USB connectivity
Android Auto & Apple CarPlay
Electronic Parking Brake with Auto Hold feature
Cruise Control
Steering mounted controls with audio, cruise control and instrument cluster settings
Auto-Tilting ORVMs when in reverse gear
6-speaker audio system
Unmatched Safety:
The Alturas G4 offers a unique package of safety features
9 airbags including driver seat, passenger seat, driver’s knee protection, side airbags in 1st & 2nd rows, and curtain airbags
Electronic Stability Program (ESP) with its top of the line features like Active Rollover Protection (ARP), Brake Assist System (BAS), Hill Start Assist (HSA), Traction Control System, ABS + EBD and Emergency Stop Signal
Hill Descent Control (HDC)
Ultra-high strength steel quad frame structure
Side impact beams & front crumple zones
ISOFIX mounts for child seat
Immobilizer
Social Media Handles:
Please visit: https://www.alturasg4.com for more details and images.
Facebook: @AlturasG4
Twitter: @alturasg4
Instagram: @alturasg4
Official Hashtag: #AlturasG4
Other Hashtags: #RoyaltyRedefined
About Mahindra
The Mahindra Group is a USD 20.7 billion federation of companies that enables people to rise through innovative mobility solutions, driving rural prosperity, enhancing urban living, nurturing new businesses and fostering communities. It enjoys a leadership position in utility vehicles, information technology, financial services and vacation ownership in India and is the world’s largest tractor company, by volume. It also enjoys a strong presence in agribusiness, aerospace, commercial vehicles, components, defense, logistics, real estate, renewable energy, speedboats and steel, amongst other businesses. Headquartered in India, Mahindra employs over 2,40,000 people across 100 countries.
Learn more about Mahindra on www.mahindra.com / Twitter and Facebook: @MahindraRise
Media contact information
Mohan Nair
Vice President (Communications)
Mahindra & Mahindra Ltd.
Landline – + 91 22 28468510
Email – nair.mohan@mahindra.com
ChargePoint raises $240 million to expand charging-station network
2014 BMW i3 REx fast-charging at Chargepoint site, June 2016 [photo: Tom Moloughney]
ChargePoint, the largest network of electric car charging stations, announced last Wednesday that it has raised $240 million to become even bigger.
The investment comes at a pivotal moment after ChargePoint CEO Pasquale Romano in September announced an ambitious goal to build enough chargers to juice up 2.5 million electric cars worldwide.
The latest investment, along with that goal, should help keep ChargePoint competitive with other rapidly growing charging networks in the U.S. and Europe.
DON'T MISS: ChargePoint commits to build charging stations for 2.5 million cars by 2025
Although ChargePoint is the largest and one of the oldest electric-car charging networks, the competition is coming on strong. Under a court mandate to settle charges over diesel emissions cheating, Volkswagen is setting up the Electrify America network to rival Tesla's Superchargers across the U.S. It is building Phase One of its planned rollout with 484 public charging locations consisting of 2,000 chargers, most of them DC fast chargers, and is planning the rollout of Phase 2, starting next year.
In Europe, ChargePoint's next big market, major automakers BMW, Daimler, Ford, and the Volkswagen Group have banded together to build the Ionity network of fast chargers around the continent.
READ MORE: ChargePoint users can now access networks in Canada, Europe
Other long-time competitors such as EVgo are also expanding, and Tesla CEO Elon Musk announced this month that the company will double the size of its Supercharger network next year.
ChargePoint's latest investment—it's seventh round for anyone counting—comes from electric utility American Electric Power, Chevron, Daimler trucks and buses, BMW, and Siemens and energy investment fund Quantum Energy (the lead investor).
CHECK OUT: Musk announces more and faster Tesla Superchargers on the way
One of ChargePoint's strategies is to focus on building high powered charge points for trucks and buses, including municipal bus fleets, a market where there isn't as much competition.
At the same time, the company plans to continue to build more chargers for cars if it intends to keep the commitment it made at California Governor Jerry Brown's Global Climate Action Summit in September.
“We are at a tipping point in the generational shift to transportation electrification,” says ChargePoint President and CEO Pasquale Romano. “Leading investors from automotive, utilities, oil and gas, and financial institutions are coming together to support ChargePoint’s vision of an all-electric future as the mass adoption of electric mobility and the transition to electric fleets accelerate.”
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News
MONTUPET is proud of FORD and BMW-PSA successes
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Signature of two major contracts with Daimler