FILE PHOTO: The revised logo of German carmaker Volkswagen AG is pictured during a preview of the world’s biggest automaker at the international Frankfurt Motor Show IAA in Frankfurt, Germany September 9, 2019. REUTERS/Wolfgang Rattay (Reuters) – Volkswagen parts supplier Prevent Group on Monday filed a lawsuit alleging the German automaker (VOWG_p.DE) used anticompetitive tactics… Continue reading UPDATE 1-Auto parts supplier Prevent sues Volkswagen for suppressing competition
Tag: VW
Juno shuts down its operations in NYC as owner Gett signs strategic partnership with Lyft
Gett, the ridesharing company backed by Volkswagen and valued at around $1.5 billion, is putting the brakes on a major part of its growth strategy. Today, the company announced that it is closing its operations in New York, which run under the Juno brand, effective today. The company has a substantial business serving enterprise customers… Continue reading Juno shuts down its operations in NYC as owner Gett signs strategic partnership with Lyft
Auto parts supplier Prevent Group sues Volkswagen for suppressing competition
FILE PHOTO: The revised logo of German carmaker Volkswagen AG is pictured during a preview of the world’s biggest automaker at the international Frankfurt Motor Show IAA in Frankfurt, Germany September 9, 2019. REUTERS/Wolfgang Rattay (Reuters) – Volkswagen parts supplier Prevent Group on Monday filed a lawsuit alleging the German automaker (VOWG_p.DE) used anticompetitive tactics… Continue reading Auto parts supplier Prevent Group sues Volkswagen for suppressing competition
Bugatti plots EV for less than $1 million – Automotive News Europe
Bugatti Automobiles is looking to broaden its appeal by flanking the 2.5 million-euro ($2.7 million) Chiron supercar with a slightly more accessible alternative. The potential second model line would be an electric-powered grand tourer or crossover that could seat up to four people and would cost between 500,000 and 1 million euros. The French boutique… Continue reading Bugatti plots EV for less than $1 million – Automotive News Europe
World premiere of the production version of Owl
The fastest accelerating car makes its debut Summary The Owl is the fastest accelerating car in the world: 0-60 mph in 1.69 seconds The Owl is the first Japanese full-electric hypercar The Owl is the world most powerful electric hypercar: 4 PMSM produce 2012 horsepower (1480 kW) Great performaces but never shouty: design based on… Continue reading World premiere of the production version of Owl
California to stop buying GM, Toyota and Fiat Chrysler vehicles over emissions fight
WASHINGTON (Reuters) – California said on Monday it will halt all purchases of new vehicles for state government fleets from GM, Toyota and Fiat Chrysler and other automakers backing President Donald Trump in a battle to strip the state of authority to regulate tailpipe emissions. FILE PHOTO: Engines assembled as they make their way through… Continue reading California to stop buying GM, Toyota and Fiat Chrysler vehicles over emissions fight
Renault needs to break pay taboo to get right boss
Chairman Jean-Dominique Senard is compiling a shortlist following the ouster of Thierry Bollore, an acolyte of ex-boss Carlos Ghosn. It will be a difficult job. London: French carmaker Renault is challenged on numerous fronts and still smarting from a nasty spat with its largest owner, the French government. Even in good times, remuneration restraint at… Continue reading Renault needs to break pay taboo to get right boss
The Mustang Mach-E is the exciting shape of the electric future
Ford just unveiled its first EV and it’s stunning. Called the Mustang Mach-E it appears to get a lot of things right. From the branding to little surprises, the Mustang Mach-E looks to be a hit. “We knew we had to do something different and something exciting and something only Ford could do,” Kumar Galhotra,… Continue reading The Mustang Mach-E is the exciting shape of the electric future
Gett Announces Closure of Juno and Strategic Partnership With Lyft
TEL AVIV, Israel, Nov. 18, 2019 /PRNewswire/ — Gett, the global leader in corporate on-demand transportation, today announces the closure of its New York rideshare business, Juno, effective today. Gett also announces a strategic partnership with Lyft to enable Gett’s corporate clients to access rides in the United States beginning next year. Dave Waiser, Gett… Continue reading Gett Announces Closure of Juno and Strategic Partnership With Lyft
Volkswagen cuts profit, sales forecasts as autos downturn bites
HAMBURG (Reuters) – German carmaker Volkswagen (VOWG_p.DE) cut its forecasts for operating profit and sales growth on Monday due to a downturn in demand for passenger cars, while keeping profit margin targets. FILE PHOTO: Sign at the Volkswagen Chattanooga Assembly Plant in Chattanooga, Tennessee November 4, 2015. REUTERS/Tami Chappell/File Photo “It is fair to say… Continue reading Volkswagen cuts profit, sales forecasts as autos downturn bites