Volkswagen poaches BMW engine development expert Duesmann

BERLIN (Reuters) – Volkswagen (VOWG.DE) has recruited BMW (BMWG.DE) engine development and purchasing expert Markus Duesmann, it said on Tuesday, bolstering its management board with a potential candidate for the CEO vacancy at its Audi premium brand. FILE PHOTO – Markus Duesmann, board member of German luxury carmaker BMW attends the company’s annual news conference… Continue reading Volkswagen poaches BMW engine development expert Duesmann

Geely-owned Volvo’s IPO sees lower valuations in initial investor feedback

July 24, 2018 Initial investor feedback has valued Volvo Cars far below owner Zhejiang Geely Holding Group Co.’s top-end estimates for a potential listing, people familiar with the matter said. Institutional investors have indicated the Swedish carmaker is worth about $12 billion to $18 billion in early meetings to discuss an initial public offering, the… Continue reading Geely-owned Volvo’s IPO sees lower valuations in initial investor feedback

The adorable Microlino car just got approved for European streets

The ultimate city car just got city approved. The ultra-compact Microlino car from Micro, the Swiss mobility company behind the ultra popular Micro Kickboard scooters—just passed its last round of safety tests, and is now approved for driving on European streets. At just under 8 feet long, the tiny automobile is smaller than a Smart… Continue reading The adorable Microlino car just got approved for European streets

Magna-BAIC deal raises prospects for an ‘automotive Foxconn’ in China

July 23, 2018 In China, where the future of the car is looking more and more electric, newcomers to the auto industry are looking for partners to help them build their vehicles. Enter Canadian auto supplier Magna International which aims to spearhead a shift to contract vehicle manufacturing through its new partnership with state-owned Chinese… Continue reading Magna-BAIC deal raises prospects for an ‘automotive Foxconn’ in China

You’ll never guess what the new Ford Fusion looks like

2019 Ford Fusion sedan (Photo: Ford Motor Company) Ford plans to get rid of the traditional Fusion sedan in favor of a longer, taller and more brawny version. The new design, which has no scheduled release date, is intended to capture buyers who drive the Subaru Outback wagon and maybe even the BMW 5 Series… Continue reading You’ll never guess what the new Ford Fusion looks like

Tesla to unveil new model in St. Louis

Tesla said they have received nearly a half-million reservations for the new model. The Model 3 also was awarded Design of the Year by Automobile Magazine and designated a “recommended buy” by Consumer Reports. Read more from the St. Louis Business Journal: Rental scooters off St. Louis streets — for now How likely are you… Continue reading Tesla to unveil new model in St. Louis

Daniela Gerd tom Markotten: Moovel boss will lead mobility alliance of Daimler and BMW

All articles and backgrounds 07/19/2018 Daniela Gerd tom Markotten Moovel’s boss will lead a mobility alliance between Daimler and BMW Daimler Daniela Gerd tom Markotten is to expand the joint mobility provider of Daimler and BMW globally and make it ready for the stock market in the long term Daniela Gerd tom Markotten (43) becomes… Continue reading Daniela Gerd tom Markotten: Moovel boss will lead mobility alliance of Daimler and BMW

Computer tomography in automotive construction: BMW Group uses X-ray measurements for vehicle analysis

Munich. The BMW Group has introduced computer tomography (CT) into prototype development, production and analysis – a first in the automotive industry. Thanks to this technology, the full range of vehicles, from MINI to Rolls-Royce, can now be quality-controlled even in the early stages of development. Scans are performed by four robots which move around… Continue reading Computer tomography in automotive construction: BMW Group uses X-ray measurements for vehicle analysis

Aston Martin ‘sports car for the skies’

Luxury carmaker Aston Martin has unveiled plans for a personal aircraft dubbed a “sports car for the skies”. The company has teamed up with jet engine maker Rolls-Royce and engineering boffins at Cranfield University on the futuristic project. A concept aircraft was unveiled at the Farnborough Airshow, but the consortium hopes to have a flying… Continue reading Aston Martin ‘sports car for the skies’

Ridecell New Mobility Cloud Powers the All-New ReachNow App Integrating Carsharing and Ridesharing

SAN FRANCISCO, July 18, 2018 /PRNewswire/ — Ridecell Inc., the platform of choice for leading carsharing, ridesharing, and autonomous fleet operators, today announced that its new mobility cloud service is powering the new ReachNow App, which makes ReachNow the first company in the world to operate both car sharing and ride hailing services within a… Continue reading Ridecell New Mobility Cloud Powers the All-New ReachNow App Integrating Carsharing and Ridesharing