Electric collective taxis from Moia from 2019 in use

D The VW subsidiary Moia, responsible for mobility services, will be launching its shuttle service in Hamburg in the first months of 2019. At the beginning, a double-digit number of electric minibuses will chauffeur passengers through the city, announced a spokesman. This number should then rise soon after the official start to 200, by the… Continue reading Electric collective taxis from Moia from 2019 in use

Top Automotive Industry News for Week of June 18 – June 24, 2018

Here is the most important news associated with the automotive industry identified by the AEA for the week June 18, 2018 – June 24, 2018. We hope it helps you stay up to speed on the key developments in our industry: -Automotive Manufacturing News- Cars.com 2018 American-Made Index: What’s the Most American Car? (Cars.com) Detroit… Continue reading Top Automotive Industry News for Week of June 18 – June 24, 2018

PSA maps out Vauxhall’s path to profitability

Opel and Vauxhall have not posted a full-year profit this century, losing about £15 billion in the past 17 years. That represents a catastrophic failure by any measure, but it also highlights just how ambitious the recovery plan set out by new owner the PSA Group is. The strategy, called ‘Pace’, calls for (among other… Continue reading PSA maps out Vauxhall’s path to profitability

‘Zero’ chance of Renault taking over Nissan, Mitsubishi: Ghosn

TOKYO (Reuters) – Renault SA (RENA.PA) absorbing Nissan Motor Co. (7201.T) and Mitsubishi Motors Corp (7211.T) is not an option as the carmakers look to strengthen their partnership while retaining their autonomy, alliance chairman Carlos Ghosn said on Friday. FILE PHOTO: Carlos Ghosn, chairman and CEO of the Renault-Nissan-Mitsubishi Alliance, responds to a question on… Continue reading ‘Zero’ chance of Renault taking over Nissan, Mitsubishi: Ghosn

Daimler appoints sales expert as new Smart CEO

Daimler has announced former sales executive Katrin Adt as the the new CEO of Smart, replacing Annette Winkler, who steps down at the end of September. Adt joined Daimler in 1999, and worked in various sales positions until 2013, when she branched out into human resources.  It’s understood that the move aims to reverse Smart’s… Continue reading Daimler appoints sales expert as new Smart CEO

Volkswagen aims for solid-state battery production by 2025

Volkswagen has announced that it aims to have a production facility for solid-state batteries by 2025. The announcement comes with the VW Group’s £75 million investment in Californian battery technology company QuantumScape, following six years of collaboration with the firm. Solid-state battery technology, Volkswagen claims, would more than double the capacity compared with the brand’s current… Continue reading Volkswagen aims for solid-state battery production by 2025

BYD Looks To Enter European Battery Market With New Factory

1 M BY MARK KANE BYD could become yet another battery manufacturer that will build a battery factory in Europe. The Chinese company expressed interest in entering and quickly expanding the European market of plug-in electric vehicles. “We are considering cell production outside of China and that includes Europe,” Julia Chen, Global Sales Director at… Continue reading BYD Looks To Enter European Battery Market With New Factory

Daimler profit warning upsets car industry

D The Daimler share will suffer the consequences of the lowered forecasts on Thursday. The share price of the automotive group falls by about 2.5 percent. The Daimler papers last cost just over 58 euros. Previously, they had marked with 57.65 euros the lowest level since the summer of 2016. Among the negative news about… Continue reading Daimler profit warning upsets car industry

VW wants with truck IPO more than six billion gather in

D he IPO of the truck division of Volkswagen should become one of the largest new issues in Germany ever. When asked if he actually with an issue proceeds of about six billion euros, VW Truck CEO Andreas Renschler told the “manager magazin”: “That might be a bit more.” The exact timing of an initial… Continue reading VW wants with truck IPO more than six billion
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