Volkswagen AG and Ford Motor Company today announced the first formal agreements in a broad alliance that positions the companies to boost competitiveness and better serve customers in an era of rapid change in the industry. Volkswagen CEO Dr. Herbert Diess and Ford CEO Jim Hackett confirmed that the companies intend to develop commercial vans… Continue reading Volkswagen AG and Ford Motor Company Launch Global Alliance
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Suspected subsidy fraud: Justice is investigating against VW employees
VW In the opinion of the prosecutor, the criminal offense of subsidy fraud at VW is out of the question. (Photo: AP) BraunschweigThe German judiciary has investigated VW hired for possible fraud on EU funds in the millions. The case against employees of VolkswagenCorporation for subsidy fraud had been set for lack of sufficient suspicion,… Continue reading Suspected subsidy fraud: Justice is investigating against VW employees
Kakao Mobility seeks to broker peace with taxi drivers protesting car-sharing service
January 15, 2019 South Korea’s Kakao Mobility on Tuesday said it would re-enter talks over its proposed car-sharing service with an open mind, and would even consider abandoning the idea, should taxi drivers who protested the service return to negotiations. The transportation unit of Kakao Corp, operator of the country’s most popular chat app, also… Continue reading Kakao Mobility seeks to broker peace with taxi drivers protesting car-sharing service
Volkswagen, Ford set alliance centered on vans, pickups
DETROIT (Reuters) – Volkswagen AG (VOWG_p.DE) and Ford Motor Co (F.N) on Tuesday set an alliance that combines forces on commercial vans and pickups and said they were exploring expanding into joint development of electric and self-driving technology, actions meant to save the automakers billions of dollars. The President and CEO of Ford Motor Company… Continue reading Volkswagen, Ford set alliance centered on vans, pickups
Ecobonus and FCA, here’s who risks: there are 5 models produced at Mirafiori and Grugliasco
If the battle against the Ecobonus is fought, at the moment, with slogans and statements (parade and response, depending on the interlocutor), how it translates, concretely, the tool of (dis) incentive that the government is studying for the automotive sector and that scares FCA so much? The fears that Mike Manley revealed yesterday speaking from… Continue reading Ecobonus and FCA, here’s who risks: there are 5 models produced at Mirafiori and Grugliasco
Daimler EQB: Daimler plans the next electric SUV
By 2022, it should be in every series of Mercedes give an electrified variant, has CEO Dieter Zetsche on the last IAA announced. The Stuttgart-based company is preparing for the implementation: the next electrical Mercedes is in work. January 15, 2019, 11:30 am, Werner Pluta Electric compact class Mercedes EQA (symbol): technically similar to the… Continue reading Daimler EQB: Daimler plans the next electric SUV
China shifts from buying cars to sharing them
Fewer people want to buy automobiles because ride-sharing services are widely available Go to Source
McKinsey study RACE 2050
The consulting firm McKinsey has published the RACE 2050 report on the European auto industry. The report of McKinsey is divided into three parts. Changes, approaches and goals. This tripartition is mainly based on developments in the mobility field. Screenshot of the McKinsey study (PDF) The changes have been around for some time. This means… Continue reading McKinsey study RACE 2050
GM confirms it’s moving away from hybrids to focus on all-electric
As part of its renewed electrification effort announced last month, GM confirmed that it was killing the Chevy Volt, which many saw as counter-intuitive – but now the automaker says that it’s part of its plan to focus on all-electric vehicles. GM President Mark Reuss made the comment during the Detroit Auto Show (via Fox): “Answering… Continue reading GM confirms it’s moving away from hybrids to focus on all-electric
Momentum Dynamics Receives Investment from Volvo Group Venture Capital
Momentum Dynamics, Inc., a Philadelphia, PA-based company developing high power wireless charging of electric vehicles, received an investment from Volvo Group Venture Capital AB, a subsidiary of the Volvo Group. The amount of the deal was not disclosed. Momentum Dynamics is developing and commercializing high power inductive charging for the automotive and transportation industries, especially… Continue reading Momentum Dynamics Receives Investment from Volvo Group Venture Capital