Tag: VW

Mitsubishi Corp and NTT to acquire 30% stake in HERE Technologies

Mitsubishi Corporation (MC) and Nippon Telegraph and Telephone Corporation (NTT) of Japan are to jointly acquire a 30 percent ownership stake in HERE Technologies. The companies are co-investing in Here via their newly established, jointly owned holding company ‘COCO Tech Holding’ B.V. in the Netherlands. The transaction is expected to close in the first half of… Continue reading Mitsubishi Corp and NTT to acquire 30% stake in HERE Technologies

First Porsche Taycan Gets Delivered In The U.S.

With a five-digit number of orders, Porsche starts deliveries of its first, series-produced all-electric car Porsche has started customer deliveries of the Taycan in the U.S. as the first owner posted photos of his top-of-the-line Taycan Turbo S. Greg Wyler received hiscar on December 19th, just in time to fit it under the Christmas tree.… Continue reading First Porsche Taycan Gets Delivered In The U.S.

Lucid Motors doesn’t want to be a ‘Tesla Killer’ – Engadget

Lucid’s CEO Peter Rawlinson is tired of hearing the term “Tesla killer.” Yes, the Lucid Air will be an electric sedan with a proposed range of 400 miles, but Rawlinson is aiming at the luxury market. “Our main competitors are Mercedes, Audi, and BMW.” He wants the automaker to build the electric version of the… Continue reading Lucid Motors doesn’t want to be a ‘Tesla Killer’ – Engadget

Electric cars / Seat El-Born, the mechanical base and ID.3

26/31Car December 20, 2019 (PHOTO 4) The mechanical base, it is not a mystery, is the same as the Wolfsburg electric car, that platform which is known for the abbreviation MEB. Same origins, different paths: with the Seat logo on the hood, in fact, the Group’s electric car has a more dynamic and youthful connotation… Continue reading Electric cars / Seat El-Born, the mechanical base and ID.3

Volkswagen ID.3 Has Encountered ‘Massive Software Problems’

Rumors: Volkswagen produces ID.3 with incomplete software and stores the cars until the update is ready. German media reports of worrying “massive software problems” that Volkswagen is having with the Volkswagen ID.3, which has been produced on a limited scale in the ramp-up phase since November 4. The nature of the issue is not described, but… Continue reading Volkswagen ID.3 Has Encountered ‘Massive Software Problems’

HERE Technologies welcomes Mitsubishi Corporation and NTT as new investors

• Companies to co-invest, taking 30% ownership stake in HERE• Broadened shareholder structure will support HERE’s ambitions to accelerate growth in new industries and markets• HERE to explore further strategic opportunities with MC and NTTDecember 20, 2019Amsterdam – HERE Technologies today announced that Mitsubishi Corporation (MC) and Nippon Telegraph and Telephone Corporation (NTT) of Japan… Continue reading HERE Technologies welcomes Mitsubishi Corporation and NTT as new investors

Marshall buys Volvo Derby from Vertu Motors

Marshall Motor Holdings has today completed the takeover of the Derby Volvo franchise from Vertu Motors. It has relocated the business from Sir Frank Whittle Road to Stadium View at Derby’s Pride Park, in a side previously occupied by a Land Rover business before it was relocated by Inchcape. In a statement for customers, Marshall said: “Don’t worry –… Continue reading Marshall buys Volvo Derby from Vertu Motors

Volkswagen fined record $125m for misleading Australian consumers over diesel emissions

Volkswagen (VW) VW says it is weighing up whether to appeal record penalty, which was handed down after judge rejected earlier deal Workers in a production line in the Volkswagen plant in Wolfsburg, Germany in 2011. VW has been handed a $125m fine for deceiving customers over emissions from diesel vehicles. Photograph: Ferdinand Ostrop/AP German… Continue reading Volkswagen fined record $125m for misleading Australian consumers over diesel emissions