Fluid-Press was founded in 1971 and is located in Albinea, Reggio Emilia, Italy. The company develops and manufactures hydraulic valves and manifold blocks for agricultural machinery, industrial equipment, cranes, aerial platforms, and earth-moving machines. Fluid-Press will be a valuable addition to DexKo’s Hydraulics business, working closely with Safim Brakes, Modena, Italy (“Safim”). Safim is a… Continue reading DexKo Global has signed an agreement to acquire Fluid-Press Group
Tag: VW
2023 MG 4 is new electric rival to Volkswagen ID 3
The MG 4 electric hatchback will arrive in the UK in early 2023, offering up to 443bhp and 442lb ft of torque in dual-motor performance form. Revealed in China, where it’s known as the MG Mulan, the latest in a growing range of MG EVs is the first to be based on parent company SAIC’s new Modular Scalable Platform (MSP),… Continue reading 2023 MG 4 is new electric rival to Volkswagen ID 3
Automotive Engine Market Size Worth $118.2 Billion by 2030 – Grand View Research, Inc.
SAN FRANCISCO, June 29, 2022 /PRNewswire/ — The global automotive engine market size is expected to reach USD 118.2 billion by 2030, registering a CAGR of 2.5% over the forecast period, according to a new report by Grand View Research, Inc. The consumer inclination for high-performing automobiles in the mid and high-end segment vehicles is… Continue reading Automotive Engine Market Size Worth $118.2 Billion by 2030 – Grand View Research, Inc.
McGovern Automotive Group Adds 20th Dealership in Just 5 Years
Automotive powerhouse approaches $2B in revenue with more than 1,100 employees BOSTON, June 29, 2022 /PRNewswire/ — McGovern Automotive Group, the New England auto powerhouse founded by industry veteran Matt McGovern, announces its acquisition of Lundgren CDJR: Chrysler Dodge Jeep RAM Dealer in Greenfield, MA. The landmark deal marks the group’s 20th dealership acquisition in just 5… Continue reading McGovern Automotive Group Adds 20th Dealership in Just 5 Years
Australia prioritizes reducing emissions and cheaper EVs
Australia‘s new government is putting climate change at the top of its legislative agenda when Parliament sits next month for the first time since the May 21 election, with bills to enshrine a cut in greenhouse gas emissions and make electric cars cheaper, a minister said on Wednesday. A bill will be introduced to commit… Continue reading Australia prioritizes reducing emissions and cheaper EVs
German Handelsblatt: Natural gas cars: Gas bottles can burst: VW recalls 21,000 Touran004580
Explosion while refueling natural gas vehicle in Wittmund In April, a Touran driver suffered burns on his legs when gaseous fuel suddenly leaked from a storage tank while he was filling up. (Photo: dpa) Because parts of the tank could rust through and, in the worst case, burst, Volkswagen is taking around 21,000 natural gas-powered… Continue reading German Handelsblatt: Natural gas cars: Gas bottles can burst: VW recalls 21,000 Touran004580
German Handelsblatt: Pilot test: Volkswagen and Eon make electric cars for storage004579
Volkswagen is turning the ID.Buzz into an electricity storage device Deliveries of the new ID.Buzz from Volkswagen will begin in autumn. The minibus becomes “bidirectional” and can thus return the charged electricity to the grid – and thus becomes a storage device. (Photo: dpa) In the future, electric cars can help to solve a major… Continue reading German Handelsblatt: Pilot test: Volkswagen and Eon make electric cars for storage004579
VW Unveils All-Electric Luxury Sedan for Global Market
The ID. AERO transfers the design language of Volkswagen’s electric vehicles to a premium mid-size sedan for the first time. The aerodynamically designed front end and roof ensure that air flows optimally over the vehicle. Photo: VW With the world premiere June 27 of the ID. AERO concept car in China, Volkswagen gave some hints… Continue reading VW Unveils All-Electric Luxury Sedan for Global Market
VW CEO Herbert Diess says Giga Berlin and Giga Texas ramp will weaken Tesla and allow them to be EV sales leader by 2025 – Drive Tesla Canada
Credit: Herbert Diess Volkswagen CEO Herbert Diess has commented several times that it will be a “tight race” to overtake Tesla and become the global electric vehicle (EV) sales leader by 2025. However in new comments to employees today, Diess expects the opening of Tesla’s two new Gigafactories to be their window of opportunity to… Continue reading VW CEO Herbert Diess says Giga Berlin and Giga Texas ramp will weaken Tesla and allow them to be EV sales leader by 2025 – Drive Tesla Canada
Tesla and�VW duke it out for EV dominance – Autoblog
McDonalds versus Burger King. Apple versus Microsoft. Coca-Cola versus Pepsi. The business world is riddled with rivalries. A new one may be taking shape as Volkswagen tries to unseat Tesla as the leading maker of electric cars. VW is in a “good second position” behind Tesla on EVs and making progress on battery production, charging… Continue reading Tesla and�VW duke it out for EV dominance – Autoblog