UPDATE 1-Ivory Coast, Toyota sign assembly plant deal

FLE PHOTO: A Toyota logo is displayed at the 89th Geneva International Motor Show in Geneva, Switzerland March 5, 2019. REUTERS/Pierre Albouy (Reuters) – Ivory Coast’s government signed an agreement on Thursday with Toyota (7203.T) to build a vehicle assembly plant in the West African nation, the office of Ivorian Prime Minister Amadou Gon Coulibaly… Continue reading UPDATE 1-Ivory Coast, Toyota sign assembly plant deal

Brand with the four rings shines at world’s largest lighting congress

At the thirteenth International Symposium on Automotive Lighting (ISAL 2019), Audi presenters will offer insights into the next generation of OLED lighting technology. The new digital OLED technology enables customizable lighting designs and permits communication using the exterior lighting. The congress begins on September 23, 2019 in Darmstadt. Audi guest speakers will be presenting digital… Continue reading Brand with the four rings shines at world’s largest lighting congress

Audi e-tron 50 In Norway Priced 25% Lower Than e-tron 55

Audi e-tron 50 cost 25% less because it drives 25% less than e-tron 55. The price is on par with Tesla Model 3 Performance. Audi announced in Norway prices of the e-tron 50, a slimmed-down version of the e-tron 55 with only a 71 kWh battery instead of 95 kWh. As it turns out, the Launch… Continue reading Audi e-tron 50 In Norway Priced 25% Lower Than e-tron 55

Car industry continues worldwide downward trend in Q2: Ernst & Young study

BERLIN, Aug. 28 (Xinhua) — The downward trend in the global auto industry in the second quarter (Q2) of this year continued, according to an analysis of the key financial figures of the world's 16 largest auto groups presented by auditing and consulting firm Ernst & Young (EY) in Frankfurt on Wednesday.
“The global automotive industry is experiencing a sales and profit crisis that is still primarily cyclical,” said Constantin Gall, head of Automotive and Transportation at EY.
According to the study, total profits of the world's 16 largest automotive groups had fallen 18 percent in Q2 of 2019.
The number of vehicles sold declined in all major markets and led to five percent global decline in sales, with only Mitsubishi, Honda, Toyota and BMW selling more new cars than a year ago.
French and U.S. car manufacturers recorded the sharpest declines in vehicles sold, of ten percent and nine percent respectively.
Among the largest automobile groups, Toyota was “slightly ahead” of Vo..

Aptera Is Back: Most Efficient EV To Date With 1,000 Mile Range

If it manages to get to production this time, hopefully. EV fans had a huge blow when Aptera Motors filed for bankruptcy in 2011. After all, it would deliver a car that was able to run 100 miles on a single charge with a really small battery pack. It would have been an incredible feat… Continue reading Aptera Is Back: Most Efficient EV To Date With 1,000 Mile Range

More Affordable NIO ES3 To Debut In 2019

With the ES8 and ES6 already on the Chinese market, NIO is busy at work to introduce a third smaller and more affordable model. According to NIO co-founder and president Qin Lihong, by the end of this year, the company will unveil its third all-electric model, the NIO ES3. It will be a compact 5-seat… Continue reading More Affordable NIO ES3 To Debut In 2019

ŠKODA SCALA and ŠKODA KAMIQ offer new Wireless SmartLink technology for smartphone integration

Up until now, ŠKODA drivers had to connect their mobile phones to their vehicles via a USB cable in order to be able to use the brand’s SmartLink technology. Selected smartphone apps then display on the infotainment system’s screen and can be controlled while driving. However, the optional Wireless SmartLink technology for the compact SCALA and… Continue reading ŠKODA SCALA and ŠKODA KAMIQ offer new Wireless SmartLink technology for smartphone integration

Porsche Consulting: New Mobility on the Data Highway

1. All information offered on Porsche Newsroom, including but not limited to, texts, images, audio and video documents, are subject to copyright or other legislation for the protection of intellectual property. They are intended exclusively for use by journalists as a source for their own media reporting and are not intended for commercial use, in… Continue reading Porsche Consulting: New Mobility on the Data Highway

Toyota pulls Suzuki firmly into its orbit through stake deal

TOKYO (Reuters) – Toyota Motor Corp (7203.T) and Suzuki Motor Corp (7269.T) will take small equity stakes in each other, the Japanese car makers said on Wednesday, as they seek to develop newer technologies and meet sweeping changes upending the global auto industry. FILE PHOTO: The logo of Toyota is pictured at the Bangkok Auto… Continue reading Toyota pulls Suzuki firmly into its orbit through stake deal