Volkswagen pulls out of Iran, according to U.S. official: Bloomberg

(Reuters) – Volkswagen AG (VOWG_p.DE) will end almost of all its operations in Iran, Bloomberg reported on Wednesday, citing a U.S. official who led the discussions with the carmaker. FILE PHOTO: A car with the Volkswagen VW logo badge is seen on display at the North American International Auto Show in Detroit, Michigan, U.S., January… Continue reading Volkswagen pulls out of Iran, according to U.S. official: Bloomberg

Hyundai signs deal to sell 1,000 hydrogen-powered trucks in Switzerland

SEOUL (Reuters) – Hyundai Motor said on Wednesday it will sell 1,000 hydrogen-powered trucks in Switzerland over the next five years through a new tie-up, betting the vehicles could beat battery-powered models sold by the likes of Tesla Inc. FILE PHOTO: A car dealer stands in front of the logo of Hyundai Motor at its… Continue reading Hyundai signs deal to sell 1,000 hydrogen-powered trucks in Switzerland

Subsidies for German battery cell factory: Merkel’s tedious pick-up maneuvers for electric cars

All articles and backgrounds 09/19/2018 Subsidies for German battery cell factory Merkel’s tedious pick-up maneuvers in e-cars DPA Economics Minister Peter Altmaier and German Chancellor Angela Merkel (both CDU) want a German battery cell factory Now the reaffirmation comes from the very top: Chancellor Angela Merkel stressed on Wednesday that in Germany a separate battery… Continue reading Subsidies for German battery cell factory: Merkel’s tedious pick-up maneuvers for electric cars

Porsche & Hyundai behind AR hologram company’s $80M raise

WayRay, a Zurich-based AR company that makes holograms to augment driving, just closed an $80M C-round. The fundraising was led by Porsche and included Hyundai and Alibaba Group. That brings the seven-year-old company’s total funding to over $100M on a $500M valuation. The company is actually calling its shot with a projected $1B valuation by… Continue reading Porsche & Hyundai behind AR hologram company’s $80M raise

Amazon is going to sell electric car chargers with installation as a turn-key solution

Amazon sells pretty much everything and it already sells electric car home chargers, but now the company also wants to get involved in the installation process with a full “turn-key” solution – starting with the Audi e-tron quattro. If you are like me and your daily mileage is fairly low, you can get away with… Continue reading Amazon is going to sell electric car chargers with installation as a turn-key solution

SEAT goes big with the New SEAT Tarraco

Tarraco is SEAT’s third SUV and represents the company’s entry into the large SUV market, completing the family line-up, joining the Arona and Ateca The large SUV offers greater flexibility for customers with both 5 and 7-seater options The Tarraco is the first model to show the new  SEAT design direction for the next years… Continue reading SEAT goes big with the New SEAT Tarraco

New Touareg receives five-star top rating in Euro NCAP

Rating confirms outstanding safety level of the new Volkswagen SUV Strong performance in all of the test programme’s categories Top marks for Volkswagen’s Touareg: the European consumer protection organisation Euro NCAP has awarded the new luxury class model the maximum possible rating of five stars. In the eyes of the independent crash test experts, the… Continue reading New Touareg receives five-star top rating in Euro NCAP

Aged Audi boss: Rupert Stadler again filed a complaint

Rupert Stadler The on leave Audi chief was arrested on June 18 in Ingolstadt and sits since then in the prison in Augsburg-Gablingen. (Photo: AFP) DüsseldorfThe leave and imprisoned AudiChief Executive Officer Rupert Stadler has filed another complaint with the Munich District Court. This was confirmed by the public prosecutor’s office Munich II Handelsblatt. This… Continue reading Aged Audi boss: Rupert Stadler again filed a complaint

Ford’s first electric van is built in Cologne

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