Goldman Sachs says Tesla will sell 15 million cars per year by 2040 — nearly double General Motors (TSLA, GS)

Tesla’s already worth more than any other American automaker, and Goldman Sachs expects it to soon overtake their sales numbers too. The bank on Wednesday upped its financial estimates and price target for the automaker’s high-flying stock to $780, the highest on Wall Street, citing continued market share gains. “If Tesla sustains its mid to… Continue reading Goldman Sachs says Tesla will sell 15 million cars per year by 2040 — nearly double General Motors (TSLA, GS)

Europa Press: HeyCar launches in Spain its ‘online’ platform for used cars001052

MADRID, Dec. 3 (EUROPA PRESS) – Heycar has launched in Spain its ‘online’ platform for the sale of second-hand cars, which has models less than eight years old and 150,000 kilometers and has the collaboration of more than 180 dealers. Thus, the main objective of the firm is to create and offer better solutions, both… Continue reading Europa Press: HeyCar launches in Spain its ‘online’ platform for used cars001052

@VW Group: Insight: designing the Bugatti Bolide

Take a look at the creative force that powers Bugatti, and it is immediately obvious that a team of exceptionally talented designers are committed to a legacy of design excellence. This ambition is built on the incredibly rich history of Bugatti’s acclaimed racing heritage of the glorious 1920s and 1930s, while looking ahead to experiments… Continue reading @VW Group: Insight: designing the Bugatti Bolide

German Manager Magazin: Bernd Pischetsrieder as Chairman of the Daimler Supervisory Board: The last solution000383

Since taking office as Daimler-Boss tries Ola Källenius (51) as a green visionary. The group should be climate neutral by 2039. It goes without saying that “electric first” applies to all models. But while the CEO is building a more modern future, part of his supervisory body looked rather yesterday. The man who is largely… Continue reading German Manager Magazin: Bernd Pischetsrieder as Chairman of the Daimler Supervisory Board: The last solution000383

Daimler’s Supervisory Board gives its full backing to business plan 2021-2025

STUTTGART, Germany, Dec. 3, 2020 /PRNewswire/ —  Daimler to accelerate the transformation towards electrification and digitization Investment plan of more than €70 billion confirmed Board of Management and General Works Council launch a new transformation fund with a value of €1 billion The Supervisory Board of Daimler AG has given its full backing to the… Continue reading Daimler’s Supervisory Board gives its full backing to business plan 2021-2025

Grab tells staff it’s ‘in a position to acquire’ after Gojek merger report

By Chen Lin, Anshuman Daga 2 Min Read SINGAPORE (Reuters) – The CEO of Singapore-based Grab told employees in an internal note on Thursday that the company is well placed to make acquisitions, after a report it is close to a merger with regional rival Gojek. FILE PHOTO: A Grab logo is pictured at the… Continue reading Grab tells staff it’s ‘in a position to acquire’ after Gojek merger report

@niche: Solar Mobility Provider Sono Motors and Team Rosberg Engineering (TRE) Partner on Development of Chassis for Solar-Electric Car Sion000340

The novel cooperation includes the development, simulation, and production of a suspension and chassis system for Sono Motors’ electric car Sion. The chassis system is integrated into Sono Motors’ new prototype for the first time. Munich, December 3, 2020 – Solar mobility provider Sono Motors has announced its cooperation with Team Rosberg Engineering (TRE) for… Continue reading @niche: Solar Mobility Provider Sono Motors and Team Rosberg Engineering (TRE) Partner on Development of Chassis for Solar-Electric Car Sion000340

AutoX becomes China’s first to remove safety drivers from robotaxis

Residents of Shenzhen will see truly driverless cars on the road starting Thursday. AutoX, a four-year-old startup backed by Alibaba, MediaTek and Shanghai Motors, is deploying a fleet of 25 unmanned vehicles in downtown Shenzhen, marking the first time any autonomous driving car in China tests without safety drivers or remote operators on public roads.… Continue reading AutoX becomes China’s first to remove safety drivers from robotaxis

Europcar Announces Financial Restructuring Plan

The agreement was made with private equity firm Eurazeo and holders of the agency’s 2024 and 2026 senior notes. Photo via Depositphotos. Europcar’s creditors have agreed to decrease the car rental company’s debts by 1.1 billion euros ($1.33 billion) in exchange for shares and control of the company, Europcar announced.  The agreement was made with private equity… Continue reading Europcar Announces Financial Restructuring Plan

@BMW: Tap into your MINI with the new app generation for customers and fans.000793

Munich. By means of a built-in 4G-SIM Card and the MINI Connected App, MINI has been offering its customers a seamless connection between smartphone and vehicle since 2018. As of today, a new app generation is available for customers in 30 European markets and Korea: The MINI App comes in a new design, with intuitive… Continue reading @BMW: Tap into your MINI with the new app generation for customers and fans.000793