Research project “FastCharge”: ultra-fast charging technology ready for the electrically powered vehicles of the future.

This press release is also being published by the project-partners Allego, Phoenix-Contact, Porsche und Siemens. Jettingen-Scheppach. The industrial companies involved in the research project “FastCharge” yesterday presented the latest advancements in the field of fast and convenient energy supply for electrically powered vehicles. The prototype of a charging station with a capacity of up to… Continue reading Research project “FastCharge”: ultra-fast charging technology ready for the electrically powered vehicles of the future.

BMW Group increases worldwide sales in November

Munich. The BMW Group has achieved sales growth both in November and the year to date, despite the current very volatile market situation. In November, the company delivered 222,462 vehicles to customers around the world, an increase of 0.8% compared with the same month last year. That result brings the company’s year-to-date sales total to… Continue reading BMW Group increases worldwide sales in November

Stratim, formerly known as valet startup Zirx, sues co-founder for theft

Stratim, the mobility services company formerly known as Zirx, is suing its co-founder and now-former COO Shmulik Fishman for breach of fiduciary duties, civil conversion, criminal conversion, theft, criminal mischief, deception, unjust enrichment and fraud. The lawsuit’s co-plaintiff is Adesa, a subsidiary of KAR Auction Services, which acquired Stratim earlier this year. Stratim powers fleet management… Continue reading Stratim, formerly known as valet startup Zirx, sues co-founder for theft

VW, BASF, Bayer: Germany’s corporations are gearing up for a looming crisis

DusseldorfA strong domestic market, the economic boom in the USA and the robust demand in China for many years have given export-oriented German industry a long-term boost. Only the 30 DAX companies are likely to be together this year generate almost 90 billion euros net profit, That is only five billion euros less than in… Continue reading VW, BASF, Bayer: Germany’s corporations are gearing up for a looming crisis

Interim CEO Bram Schot receives permanent contract: Audi has a regular boss again

ddp images / Sven Simon Bram Schot now has a regular contract as Audi boss until 2021 Barely six months ago, Bram Schot joined Audi as interim chief for the arrested Rupert Stadler. The interim is now a long-term solution: The 57-year-old native Dutchman has received a long-term contract as Audi CEO and moves simultaneously… Continue reading Interim CEO Bram Schot receives permanent contract: Audi has a regular boss again

Hyundai Motor unveils sweeping executive reshuffle, shares surge

SEOUL (Reuters) – South Korean conglomerate Hyundai Motor Group shook up its executive ranks on Tuesday and appointed its first foreign head of research and development, raising expectations of a smooth transition of power at the family-run business empire. FILE PHOTO: The Hyundai logo is seen during the first press day of the Paris auto… Continue reading Hyundai Motor unveils sweeping executive reshuffle, shares surge

China to ‘cut US car tariff to 15%’

China has reportedly proposed cutting tariffs on US-made cars to 15%, the same tax levied on car imports from other countries. Bloomberg reported that China’s cabinet will review the plans, which would undo the 40% import duty China imposed on US cars this summer. The proposal, the timing of which remains uncertain, comes as the… Continue reading China to ‘cut US car tariff to 15%’

Volkswagen CEO Matthias Müller steps down, replaced by VW brand chief Herbert Diess – CNBC

Volkswagen board has ousted CEO Mattias Müller, replacing him with VW brand chief Herbert Diess, CNBC confirmed Thursday. The world’s largest automaker is also preparing its truck and bus division for a potential listing. VW said on Tuesday it was considering replacing Müller. The move is seen as an attempt for the company to make… Continue reading Volkswagen CEO Matthias Müller steps down, replaced by VW brand chief Herbert Diess – CNBC

The all-new BMW 3 Series Sedan – Additional pictures and footage.

Do you need help? Please contact our support team from 9 to 17 CET via support.pressclub@bmwgroup.com. PressClub Global · Article. Wed Dec 12 00:01:00 CET 2018 Press Release Please find attached on location pictures and footage of the International Media Launch of the new BMW 3 Series Sedan in Portimao, Portugal. Please find attached on… Continue reading The all-new BMW 3 Series Sedan – Additional pictures and footage.