VW Boss Predicts ‘Renaissance’ for Embattled Diesel Cars

Toyota Motor Corp. announced plans to drop diesel models from its European portfolio this year even as  Volkswagen AG, which sparked the fury over the technology, predicts a rebound. The diverging views of the world’s two largest automakers reflects the uncertainty over the future of diesel, which has faced a steady drumbeat of bad news… Continue reading VW Boss Predicts ‘Renaissance’ for Embattled Diesel Cars

BMW automates production

The manufacturer BMW automates the production logistics with autonomous tugger trains. In the production plant Dingolfing sets BMW been on for some time FTS – So self-propelled vehicles for transport. Also Audi this already has commitment, Now BMW has developed a new automation kit. Schiller FTS BMW hall. Source: BMW These automation kits make from… Continue reading BMW automates production

VW emissions scandal: German carmaker storing 300,000 diesels in ‘graveyards’

It resembles a car park at an enormous open-air venue – but it is actually a knock-on effect of the Volkswagen emissions scandal. Dramatic aerial pictures show row after row of diesel VWs and Audis sitting in the baking California sun, awaiting either repair or destruction in their desert graveyard. This is just one of… Continue reading VW emissions scandal: German carmaker storing 300,000 diesels in ‘graveyards’

Nissan, Renault in Talks to Merge, Create New Company

Renault SA and Nissan Motor Co. are in talks to merge, seeking to solidify their two-decade-old alliance under a single stock as an unprecedented shift toward electric and shared cars transforms the industry, people with knowledge of the matter said. A deal would end the current alliance between the companies and marry them as one… Continue reading Nissan, Renault in Talks to Merge, Create New Company

Carlos Ghosn Wants a Full-Fledged Renault-Nissan Union

Carlos Ghosn has revived two troubled automakers and he’s in the midst of doing so with a third. Now, he’s poised to undertake what might well be his final act: A full merger of Renault SA and Nissan Motor Co. after almost two decades of cooperation under a complex cross-shareholding alliance. Carlos Ghosn Photographer: Christophe… Continue reading Carlos Ghosn Wants a Full-Fledged Renault-Nissan Union

Around 300,000 vehicles – Here VW parks its cheating diesel in the US desert

New York. To park hundreds of thousands of cars bought back in the course of the diesel scandal, Volkswagen has leased gigantic parking spaces in the USA. Around 300,000 cars are on 37 seats – many of them in the desert. This is clear from court files of the independent administrator responsible for the program.… Continue reading Around 300,000 vehicles – Here VW parks its cheating diesel in the US desert

Tesla Urges Workers to Prove the ‘Haters’ Wrong and Ramp Up Production

Tesla Inc. is pulling out all the stops to hit its production goals, giving a limited number of workers the option to work on the crucial Model 3 line instead of other vehicles and appealing to their competitive spirit to disprove the doubters. The Elon Musk-led carmaker will suspend Model S and Model X production… Continue reading Tesla Urges Workers to Prove the ‘Haters’ Wrong and Ramp Up Production

Damages claims for truck cartel: Daimler must be the first in court

Mercedes-Benz trucks From 1997 to 2011, several truck manufacturers, including Daimler, exchanged information with each other, according to the EU Commission. (Photo: AP) The Stuttgart district court has on Thursday the first claim for damages against the truck manufacturer Daimler negotiated for his involvement in the truck cartel. A recycling company from Halle an der… Continue reading Damages claims for truck cartel: Daimler must be the first in court

The key questions on the attempted hostile takeover of GKN

The war of words is almost over as GKN shareholders have until Thursday lunchtime to decide if they back GKN’s board or a new future under Melrose. But just what is at stake? :: What is GKN? GKN is the third-largest engineering company in the FTSE 100 after BAE Systems and Rolls-Royce. It is also… Continue reading The key questions on the attempted hostile takeover of GKN

Renault shares leap after Nissan merger report

Shares in Renault hit levels not seen for more than a decade on Thursday following a report the French brand is to merge with Nissan. The two companies, which have operated an alliance since 1999, would form a new, single, listed company under the plans being discussed, according to the Bloomberg financial news service which… Continue reading Renault shares leap after Nissan merger report