Here is the most important news associated with the automotive industry identified by the AEA for the week June 18, 2018 – June 24, 2018. We hope it helps you stay up to speed on the key developments in our industry: -Automotive Manufacturing News- Cars.com 2018 American-Made Index: What’s the Most American Car? (Cars.com) Detroit… Continue reading Top Automotive Industry News for Week of June 18 – June 24, 2018
Tag: BMW
New Toyota Century limousine revealed as ultra-exclusive Rolls-Royce competitor
Toyota has revealed its new Century limousine, the redesigned luxury saloon that claims the title of Japan’s most popular chauffeur-driven luxury car. Under the bonnet is a 5.0-litre V8 engine with supplementary electric motor to form a hybrid system producing 425bhp in total. This system replaces a V12 that featured in the previous Century and achieves 38.4mpg on… Continue reading New Toyota Century limousine revealed as ultra-exclusive Rolls-Royce competitor
BMW threatens British with “alternative plans”
Saturday, 06/23/2018 12:37 clock The carmaker BMW warns Great Britain before the consequences of a hard Brexit. Clearness is needed by the end of the summer, said BMW representative in the UK, Ian Robertson, BBC broadcaster. The Munich company also represents the brands Mini and Rolls-Royce It has around 8,000 employees on the island. “If… Continue reading BMW threatens British with “alternative plans”
BMW joins Airbus in Brexit warning
In this Wednesday, March 21, 2018 photo the logo of German car manufacturer BMW is pictured at the headquarters in Munich, Germany.Photo/Matthias Schrader, file) London: Car giant BMW has followed plane-maker Airbus in warning about the consequences of Brexit uncertainty. BMW UK boss Ian Robertson has said clarity is needed by the end of the… Continue reading BMW joins Airbus in Brexit warning
Volkswagen aims for solid-state battery production by 2025
Volkswagen has announced that it aims to have a production facility for solid-state batteries by 2025. The announcement comes with the VW Group’s £75 million investment in Californian battery technology company QuantumScape, following six years of collaboration with the firm. Solid-state battery technology, Volkswagen claims, would more than double the capacity compared with the brand’s current… Continue reading Volkswagen aims for solid-state battery production by 2025
BMW calls back 12,000 diesel cars
BMW: Recall at 5 and 7 for exhaust emissions – SPIEGEL ONLINE Illegal switch-off device BMW calls back 12,000 diesel cars BMW begins recalling about 12,000 diesel vehicles. In the models of the 5 and 7 series an illegal defeat device is installed. The manufacturer speaks of a technical breakdown. DPA BMW vehicles of the… Continue reading BMW calls back 12,000 diesel cars
BYD Looks To Enter European Battery Market With New Factory
1 M BY MARK KANE BYD could become yet another battery manufacturer that will build a battery factory in Europe. The Chinese company expressed interest in entering and quickly expanding the European market of plug-in electric vehicles. “We are considering cell production outside of China and that includes Europe,” Julia Chen, Global Sales Director at… Continue reading BYD Looks To Enter European Battery Market With New Factory
Daimler profit warning upsets car industry
D The Daimler share will suffer the consequences of the lowered forecasts on Thursday. The share price of the automotive group falls by about 2.5 percent. The Daimler papers last cost just over 58 euros. Previously, they had marked with 57.65 euros the lowest level since the summer of 2016. Among the negative news about… Continue reading Daimler profit warning upsets car industry
Daimler under pressure
D The Daimler share will suffer the consequences of the lowered forecasts on Thursday. The share price of the automotive group falls by about 4 percent. this also affects the prices of other auto stocks: BMW give 2.7 percent, Volkswagen 2.3 percent. The reduction in the forecast is a furrow that the trade conflict visibly… Continue reading Daimler under pressure
Hyundai union threatens to take legal action if company signs up for car JV
SEOUL, June 19 (Yonhap) — Hyundai Motor Co.’s union said Tuesday it will take legal action if the company signs a contract to invest in a local car-manufacturing joint venture proposed by a municipal government. Hyundai Motor originally planned to sign an agreement with the Gwangju city government on Tuesday to become the second-largest shareholder… Continue reading Hyundai union threatens to take legal action if company signs up for car JV