Tag: VW

VW accused of using ‘innovative’ defences in high court battle

Volkswagen (VW) Lawyers bring biggest class action of its kind in Britain against carmaker over emissions scandal Greenpeace activists protest in front of the Royal Courts of Justice in London, in March 2018. Photograph: Kirsty O’Connor/PA Volkswagen has employed a range of “progressively more innovative” arguments to claim the software fitted to millions of its… Continue reading VW accused of using ‘innovative’ defences in high court battle

Lucid Motors breaks ground on its $700 million Arizona factory

Lucid Motors today is breaking ground on its manufacturing facility. Located in Casa Grande, Arizona, the factory will be used to build the Lucid Motor Lucid Air electric sedan. According to the company, production will begin in late 2020. This groundbreaking is the latest step taken by Lucid Motor towards getting the Lucid Air on… Continue reading Lucid Motors breaks ground on its $700 million Arizona factory

Rheinmetall re-enters race for Volkswagen’s Renk unit – sources

FRANKFURT, Dec 2 (Reuters) – German defence group Rheinmetall has rejoined the auction for Volkswagen’s transmissions maker Renk, as a mid-December deadline for the process approaches, people close to the matter said. Rheinmetall, which was initially dropped from the race due to its unattractive offer, has been invited back to the negotiating table, the people… Continue reading Rheinmetall re-enters race for Volkswagen’s Renk unit – sources

British VW drivers launch ‘dieselgate’ case in High Court

LONDON (Reuters) – Tens of thousands of British drivers on Monday accused Volkswagen (VOWG_p.DE) of fitting devices to cheat clean air laws at the start of the country’s biggest class action lawsuit brought to tackle “dieselgate”. FILE PHOTO: The VW headquarters in Wolfsburg, Germany September 9, 2019. REUTERS/Fabian Bimmer/File Photo VW was caught using illegal… Continue reading British VW drivers launch ‘dieselgate’ case in High Court

Together in Electric Dreams: Centrica and Citygate Launch Electric Vehicle Technology Partnership

Citygate and Centrica will also collaborate on the development of an EV Centre of Excellence as part of the agreement. Centrica will install an on-site virtual power plant (VPP) by linking EV chargers and other large energy-consuming assets into a cloud platform, so they can be turned down or turned off when demand for electricity… Continue reading Together in Electric Dreams: Centrica and Citygate Launch Electric Vehicle Technology Partnership

Some Used Electric Cars Are Appreciating In Value

Cars like the Renault Zoe and BMW i3 are rising in value. Right now isn’t a good time for used car prices – unless we’re talking about electric cars, which are currently bucking the industry trend by appreciating in value. CarGurus analyzes data on hundreds of thousands of used cars each day to calculate each… Continue reading Some Used Electric Cars Are Appreciating In Value

Toyota’s mighty keiretsu system has met its match: digitization

TOKYO — The keiretsu system, which has helped Toyota Motor to become one of the most formidable players in the global auto market, is being breached by digital interlopers. The Japanese term refers to a pyramid of businesses tied together via cross-held shares. In the car sector, the automaker stands atop the pyramid, with its… Continue reading Toyota’s mighty keiretsu system has met its match: digitization

Ruf diamonds: Backstage at the Porsche tuning house

We could talk about the ride and handling but, even by Riethmüller’s own admission, the geometry on this powertrain prototype is slapdash. Best focus on the engine bay. As a highvolume producer, Porsche is now obliged to fit sizeable particulate filters that limit the screech of its own 4.0-litre flat six. But Ruf isn’t, and… Continue reading Ruf diamonds: Backstage at the Porsche tuning house

Car manufacturer: Daimler wants to delete at least 10,000 jobs

Ola Källenius The Daimler CEO wants to save on personnel costs. (Photo: AP) Munich, Frankfurt Sluggish sales, weak returns and miserable investors: management and works council have joined Daimler agreed on a massive job cuts. By the end of 2022, several thousand jobs worldwide will be canceled, the company said Friday. While Daimler initially does… Continue reading Car manufacturer: Daimler wants to delete at least 10,000 jobs