EUR 1.1 Billion Deal Largest in LG’s 60 Year History SEOUL, Apr. 26, 2018 ― Earlier today, the Board of Directors of LG Electronics (LG) approved the acquisition of leading automotive lighting and headlight systems provider ZKW Group, capping a deal worth more than EUR 1.1 billion, LG’s largest acquisition to date. Under the terms… Continue reading LG ACQUIRES GLOBAL PREMIUM AUTOMOTIVE LIGHTING COMPANY ZKW GROUP
Tag: VW
New Bosch diesel tech to ‘fix’ NOx problem
Industry by Sam Sheehan, Autocar UK Apr 26, 2018 Bosch has revealed details of new technology that it claims can drastically reduce nitrogen oxide levels in diesel cars, essentially fixing the problem that has caused their recent downturn. Diesel sales have tumbled in recent months as regulators aim to lower output of NOx, which is associated… Continue reading New Bosch diesel tech to ‘fix’ NOx problem
Four carmakers to recall over 230,000 vehicles: ministry
SEOUL, April 26 (Yonhap) — Four carmakers will voluntarily recall more than 230,000 vehicles to fix faulty parts, the transport ministry said Thursday. It is the latest in a series of recalls by carmakers and importers to ensure their vehicles meet current safety rules. The four automakers — Hyundai Motor Co., Kia Motors Corp., Jaguar… Continue reading Four carmakers to recall over 230,000 vehicles: ministry
BRIEF-Volkswagen AG to offer electrified versions of its models
* VOLKSWAGEN TO OFFER ELECTRIFIED VERSIONS OF ITS MODELS Further company coverage: Go to Source
Porsche Doubles Target for Deliveries of Electric Cars by 2025
Porsche set one of the industry’s most aggressive targets for selling plug-in hybrid and battery-powered cars, predicting the vehicles will make up as many as half of its deliveries by 2025 in a sign the shift to electric models is speeding up. The Volkswagen AG luxury brand is readying the all-electric Mission E sports car… Continue reading Porsche Doubles Target for Deliveries of Electric Cars by 2025
Bosch defends tooth and nail diesel
Do everything, even play the hawkers, to save the Diesel soldier. Bosch says it has found a quick fix for drastically reducing nitrogen oxide emissions from diesel engines – a fuel that theoretically emits 15 to 20 percent less CO2 than gasoline. Engineers of the German equipment manufacturer, a major player in diesel, have found… Continue reading Bosch defends tooth and nail diesel
Automesse Peking: So ran the first big appearance of the new VW boss Diess
One last bite into the chocolate bar and a sip of water. Herbert Diess gets ready for his first big appearance as CEO of Volkswagen, Then he is called to the stage in the old industrial hall in the East of Beijing, and his presentation is about to start. Chance wants it this way: Herbert… Continue reading Automesse Peking: So ran the first big appearance of the new VW boss Diess
Porsche Consulting: Five Practices to Accelerate Your Organization to High Performance
How companies become high performers.
Press Releases – Urban vehicle access regulations require EU stakeholder dialogue
Brussels, 25 April 2018 – Representatives of European cities and automobile manufacturers call on the European Commission to continue to support the ongoing dialogue between all players involved in urban vehicle access regulations (UVARs). Dialogue is necessary to assess the impact of UVARs on mobility, and to achieve a more coordinated approach across the EU.… Continue reading Press Releases – Urban vehicle access regulations require EU stakeholder dialogue
BMW will export from China a 100% electric SUV
In the electric, BMW put on China. And for good reason, according to its local partner, Brilliance China Automotive, the German manufacturer of luxury cars plans to produce, in 2020 its first 100% electric SUV, in their joint venture in Shenyang (Northeast). Above all, this vehicle, called “iX3”, will be sold worldwide, including North America.… Continue reading BMW will export from China a 100% electric SUV