NEW YORK/STOCKHOLM/BEIJING (Reuters) – The Chinese owner of Volvo Cars has hired three investment banks for an initial public offering (IPO) this year that could value the Swedish carmaker in a broad range of $16 billion to $30 billion, a person familiar with the matter said on Thursday. FILE PHOTO: The Volvo logo is seen… Continue reading UPDATE 2-Chinese owner eyes Volvo Cars IPO, picks banks – source
Tag: Daimler
55 new models between 2018 and 2022: electric cars – Volkswagen is announcement world champion
All articles and backgrounds 05/11/2018 55 new models between 2018 and 2022 Electric cars – Volkswagen is announcement world champion Is the electromobility the future of auto industry? At least one big automaker seems to have decided on it: like the graphics of Statista shows, Volkswagen has by far the most new electric car models… Continue reading 55 new models between 2018 and 2022: electric cars – Volkswagen is announcement world champion
A peek at BMW’s self-driving ride-hailing plans
Automakers are trying to figure out where they fit in the autonomous-driving future. With sales falling, some of these companies are exploring the idea of becoming ride-hailing services too. BMW is one of them and during the opening of its autonomous Driving Campus in Germany, it offered rides in an autonomous 7 Series that gave… Continue reading A peek at BMW’s self-driving ride-hailing plans
ReachNow car-sharing service partners with Intel in Portland; ends free-floating model in Brooklyn
BMW’s ReachNow will offer two designated drop-off zones in Seattle next month. (GeekWire Photo / Kurt Schlosser) ReachNow today announced a new partnership with Intel to provide easy accessibility to its car-sharing service at the company’s four campuses in Hillsboro, Ore. BMW-owned ReachNow has created dedicated parking spaces near major entrances at the tech giant’s… Continue reading ReachNow car-sharing service partners with Intel in Portland; ends free-floating model in Brooklyn
Mercedes shows off its EQC electric SUV prototype
Daimler Mercedes really, really wants you to know that its EQ electric cars will soon become a practical reality. The automaker has shown off heavily camouflaged prototypes of its EQC SUV with word that the production model is on track to launch in 2019. Test mules already endured “tough” winter conditions in northern Sweden between… Continue reading Mercedes shows off its EQC electric SUV prototype
Audi A6 C7 And A7 Suspected Of AdBlue Tampering, Production Stops (Updated)
Audi has stopped production of its current A6 C7 model following accusations pointing to the presence of software written to manipulate emissions controls. According to Spiegel, both the A6 as well as the A7 Sportback TDI could be fitted with a previously unknown defeat device. If that proves to be true, more than 30,000 vehicles… Continue reading Audi A6 C7 And A7 Suspected Of AdBlue Tampering, Production Stops (Updated)
UPDATE 5-Ford says lost truck production will hit 2nd qtr earnings
DETROIT (Reuters) – Ford Motor Co (F.N) is working with a key supplier to shift some parts production from Michigan to Ontario, Canada, after a fire and subsequent parts shortages forced the automaker to halt manufacturing of its highly profitable full-size pickups, according to sources familiar with the companies’ plans. The Ford logo is seen… Continue reading UPDATE 5-Ford says lost truck production will hit 2nd qtr earnings
UPDATE 4-Ford scrambles to restart truck production after fire at supplier
DETROIT (Reuters) – Ford Motor Co (F.N) is working with a key supplier to shift some parts production from Michigan to Ontario, Canada, after a fire and subsequent parts shortages forced the automaker to halt manufacturing of its highly profitable full-size pickups, according to sources familiar with the companies’ plans. The Ford logo is seen… Continue reading UPDATE 4-Ford scrambles to restart truck production after fire at supplier
UPDATE 3-Ford halts F-series, Super Duty production after fire at supplier
DETROIT (Reuters) – Ford Motor Co (F.N) said on Wednesday it has halted production of some of its most profitable vehicles, the F-150 and Super Duty full-size pickup trucks, at two U.S. factories after a fire at a supplier plant that produces parts for the trucks. Production of F-150 pickups at a third Ford plant… Continue reading UPDATE 3-Ford halts F-series, Super Duty production after fire at supplier
Facts about the development and testing of the new Mercedes-Benz EQC
2019 will see the launch of the EQC – the first all-electric Mercedes-Benz model from the new product and technology brand EQ. Between January and March, prototypes of the new model series completed tough winter testing in northern Sweden. The next waystations on the road to series production are more suspension/powertrain tests as well as… Continue reading Facts about the development and testing of the new Mercedes-Benz EQC