Daimler, BMW and Volkswagen: carmakers get millions back from diesel funds

picture alliance / Franziska Kraufmann / dpa The German automaker BMW Show stock market chart, Daimler Show stock market chart and Volkswagen Show stock market chart can expect a double-digit repayment from the diesel fund, in which they had paid a total of 250 million euros. This is evident from responses of the Federal Ministry… Continue reading Daimler, BMW and Volkswagen: carmakers get millions back from diesel funds

Joachim Schlereth to succeed Andreas Schmid as Head of Mercedes-Benz Trucks Sales and Services Germany

Effective November 1, 2018, Andreas Schmid (58) will take over management of the Trucks Sales District Württemberg and serve as acting manager of the Trucks Sales District Bavaria. At present, Schmid is part of the management board of Mercedes-Benz Sales Germany and is responsible for Mercedes-Benz Trucks and FUSO Sales & Services in the German… Continue reading Joachim Schlereth to succeed Andreas Schmid as Head of Mercedes-Benz Trucks Sales and Services Germany

Tesla says orders placed by October 15 eligible for full tax credit

(Reuters) – Electric carmaker Tesla Inc said bit.ly/2NCbs1r all orders for its vehicles placed by Oct. 15 are eligible for full federal tax credit of $7,500 and such customers will get their cars delivered by the end of the year. FILE PHOTO: Rows of the new Tesla Model 3 electric vehicles are seen in Richmond,… Continue reading Tesla says orders placed by October 15 eligible for full tax credit

Daimler, Geely eye ride-hailing JV in China

Copyright 1995 – . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested… Continue reading Daimler, Geely eye ride-hailing JV in China

UPDATE 6-BMW to buy control of China venture in ‘new era’ for foreign carmakers

SHENYANG, China (Reuters) – Germany’s BMW (BMWG.DE) will pay 3.6 billion euros ($4.2 billion) to take control of its main joint venture in China, the first such move by a global carmaker as Beijing starts to relax ownership rules for the world’s biggest auto market. The luxury carmaker said on Thursday it would increase its… Continue reading UPDATE 6-BMW to buy control of China venture in ‘new era’ for foreign carmakers

Paris Will Resume Service Of 1,000 Autolib Charging Stations

3 H BY MARK KANE Autolib’s charging infrastructure is to be partially resumed This summer, Europe’s largest electric car sharing system, Autolib in Paris, was terminated including both – Bluecars and the charging infrastructure. According to latest news some 1,000 out of 6,200 charging points (single-phase, ≈3 kW) will be reopened on December 1, 2018,… Continue reading Paris Will Resume Service Of 1,000 Autolib Charging Stations

Scott Keogh named head of Volkswagen Group of America

Scott Keogh, head of Audi of America, was named president and CEO of Volkswagen Group of America as well as head of the Volkswagen brand for the North American region. Keogh, who joined Audi in 2006, will succeed Hinrich J. Woebcken, who led the successful transformation of Volkswagen in North America. Woebcken will remain with… Continue reading Scott Keogh named head of Volkswagen Group of America

Germany’s car industry says new EU anti-CO2 rules threaten jobs

FRANKFURT, Oct 10 (Reuters) – European Union plans to cut carbon dioxide emissions from vehicles by 35 percent by 2030 pose a threat to Germany as a car-building nation, national auto industry association VDA said on Wednesday. “It is more than regrettable that the majority of member nations did not find the strength to strike… Continue reading Germany’s car industry says new EU anti-CO2 rules threaten jobs

Press Releases – Car and van CO2 targets: environment ministers adopt common position, auto industry reacts

Brussels, 10 October 2018 – Auto makers take note of the common position on future CO2 targets for cars and vans adopted by the 28 EU member states during a meeting of environment ministers in Luxembourg last night. “Further reducing CO2 emissions remains a top priority of the EU auto industry. All manufacturers are actively… Continue reading Press Releases – Car and van CO2 targets: environment ministers adopt common position, auto industry reacts

Geely and Daimler want to create a car-sharing and VTC joint venture

Unity is strength. The Chinese manufacturer Geely seeks to associate with Daimler, of which he is already the largest shareholder, to tackle the car-sharing and VTC market. The two companies are currently in talks to create a car pooling and on-demand vehicle joint venture in China, reports Bloomberg. The objective would be compete with Didi,… Continue reading Geely and Daimler want to create a car-sharing and VTC joint venture