Tag: BMW

German FAZ: Unrest over electric car quotas in England008202

There is growing concern among car manufacturers about punitive quotas for electric car sales in the UK. Some manufacturers are urging the Labor government to relax the requirements, but so far Transport Minister Louise Haigh has shown only limited willingness to be more flexible. This year, car brands must sell at least 22 percent of… Continue reading German FAZ: Unrest over electric car quotas in England008202

German FAZ: Swedish battery manufacturer Northvolt applies for bankruptcy protection008204

After a long struggle to find new financing, the Swedish battery manufacturer Northvolt has filed for bankruptcy protection under Chapter 11 of the American bankruptcy code. As the company announced on Thursday evening, this will enable it to “restructure its debts, adapt the business based on current customer needs and create growth prospects.” At the… Continue reading German FAZ: Swedish battery manufacturer Northvolt applies for bankruptcy protection008204

German Manager Magazine: Northvolt files for bankruptcy protection in the USA, Heide should continue to operate as before003755

The Swedish battery cell manufacturer Northvolt, once set up to set up independent battery cell production for electric cars in Europe, is seeking protection under Chapter 11 of bankruptcy law in the USA. The financially troubled company announced this on Thursday. The restructuring process protects the company of co-founder and CEO Peter Carlsson (54) from… Continue reading German Manager Magazine: Northvolt files for bankruptcy protection in the USA, Heide should continue to operate as before003755

In high-wage Germany, VW’s labour costs outstrip the competition

The dataunderscores the company’s challenge to remain competitive in its pricey home market as cheaper models from China arrive. As Volkswagen and unions gear up for the next round of talks over wages and plant closures in Germany, company and industry data reviewed by Reuters show that the automaker spends a higher proportion of sales… Continue reading In high-wage Germany, VW’s labour costs outstrip the competition

@BMW: BMW Motorrad presents the new BMW F 900 R and F 900 XR.003818

“With a significantly extended range of standard equipment, fully adjustable upside-down forks, lighter wheels and a weight saving of 3 kilograms, we have been able to make the BMW F 900 R and F 900 XR even more attractive. The new BMW F 900 R also benefits from a sportier riding position and the BMW… Continue reading @BMW: BMW Motorrad presents the new BMW F 900 R and F 900 XR.003818

Apple’s M4 Mac mini drops to a record low of $549 for Black Friday

Apple’s new Mac mini hasn’t been available for that long yet, but you can already grab it at a discount. The M4-powered Mac mini has dropped to an all-time low of $500 thanks to a discount and an additional, clippable coupon that will bring the final price down to $500. That’s a total of $100… Continue reading Apple’s M4 Mac mini drops to a record low of $549 for Black Friday

2025 BMW iX3: first Neue Klasse model begins testing

BMW is set to begin testing the new iX3 SUV, its first model to feature the Neue Klasse design language, as final-stage prototypes have rolled off production lines in Germany. The Audi Q4 E-tron rival spawns from the radical Vision Neue Klasse X concept, which introduced a striking new design language that departed dramatically from the look of… Continue reading 2025 BMW iX3: first Neue Klasse model begins testing

Autocar Professional’s Nov 15, 2024 edition is out!

Following a robust post-Covid-19 demand surge, the Indian automobile market saw sales stabilise in 2024. Amid growing inventories and the highest discounts since Covid-19, hopes for a robust festive season ran high. Although the season’s early start at Onam was lukewarm, the resilient Indian middle class turned out in full force, driving the industry to… Continue reading Autocar Professional’s Nov 15, 2024 edition is out!