Munich. The BMW Group has reduced CO2 emissions from its new car fleet in Europe (EU 28) to 122 grams/kilometre. Compared to 2016, this marks a reduction of a further 2 gram/kilometre (2016: 124g/km). The BMW Group has been reducing CO2 emissions from its EU fleet for years: since 1995, the average CO2 emissions for new… Continue reading BMW Group reduces CO2 emissions in Europe again
Tag: Strategy
Exclusive: Fiat Chrysler to spin-off Magneti Marelli without raising money – sources
LONDON/FRANKFURT/MILAN (Reuters) – Fiat Chrysler Automobiles NV (FCA) (FCHA.MI) is looking to spin off auto-parts business Magneti Marelli to its shareholders via a Milan listing that will not raise money by selling new shares, four sources familiar with the matter said. FILE PHOTO: A screen displays the ticker information for Fiat Chrysler Automobiles NV at… Continue reading Exclusive: Fiat Chrysler to spin-off Magneti Marelli without raising money – sources
Used car site Vroom lays off staff, 25%-50% says source, as it halts Dallas and Indiana operations
Vroom, an on-demand car buying and selling startup that has raised over $300 million in venture funding, has hit a bump in the road. TechCrunch has learned and confirmed that the company has laid off a sizeable proportion of its staff — in line with a strategy of “sharpening our focus on profitability,” according to… Continue reading Used car site Vroom lays off staff, 25%-50% says source, as it halts Dallas and Indiana operations
Toyota Enters the Next Phase of its European Powertrain Strategy
Toyota advances its European powertrain strategy with new 2.0-litre hybrid electric system.
New Volvo XC40 is named 2018 European Car of the Year
New Volvo XC40 is named 2018 European Car of the Year The new Volvo XC40 small SUV has been named the 2018 European Car of the Year ahead of the Geneva Motor Show in Switzerland. It is the first win of this prestigious award for Volvo Cars, the premium car maker. “Winning this… Continue reading New Volvo XC40 is named 2018 European Car of the Year
Dana’s Next Generation of Rhombus™ TireAnalytics Provides New Insights into Maintenance Issues
ATLANTA, March 5, 2018 /PRNewswire/ — Dana Incorporated (NYSE: DAN) today introduced the next generation of it Rhombus™ TireAnalytics platform that enables commercial-truck owners and fleet maintenance managers to capitalize on best practices for tire maintenance and tire lifecycle management. The unveiling was one of several exciting new product launches from Dana at the 2018… Continue reading Dana’s Next Generation of Rhombus™ TireAnalytics Provides New Insights into Maintenance Issues
VW examines trucks structure ahead of possible IPO -source
GENEVA (Reuters) – Volkswagen (VOWG_p.DE) managers discussed changing the corporate structure of its trucks business last week, a step needed for an eventual separate listing, a source close to the company said. FILE PHOTO: A Volkswagen logo is pictured at Volkswagen’s headquarters in Wolfsburg, Germany, April 22, 2016. REUTERS/Hannibal Hanschke/File Photo The trucks board debated… Continue reading VW examines trucks structure ahead of possible IPO -source
VW Weighs Strategic Options for Truck Division Revamp
Volkswagen AG officials are discussing options to prepare the truck division for access to the capital markets, potentially paving the way for an initial public offering of shares or a bond sale by the unit, according to people familiar with the matter. Deliberations at a meeting last week included changing the division’s legal structure to… Continue reading VW Weighs Strategic Options for Truck Division Revamp
CO2, a sword of Damocles for car manufacturers
A real time bomb. On the eve of the opening of the car show favorite fans of big cars “premium”, this Tuesday in Geneva, the question is in every head at the car manufacturers: how to meet the European targets for CO2 emissions in 2021? Because the deadline is approaching. The sword of Damocles billions… Continue reading CO2, a sword of Damocles for car manufacturers
Japan H2 Mobility, LLC Established by Eleven Companies
Toyota Motor CorporationNissan Motor Co. Ltd.Honda Motor Co. Ltd.JXTG Nippon Oil & Energy CorporationIdemitsu Kosan Co. Ltd.Iwatani CorporationTokyo Gas Co. Ltd.Toho Gas Co. Ltd.Air Liquide Japan Ltd.Toyota Tsusho CorporationDevelopment Bank of Japan Inc. The below-mentioned 11 companies have today announced joint establishment of “Japan H2 Mobility, LLC (hereinafter JHyM)”, aimed at the full-fledged development of… Continue reading Japan H2 Mobility, LLC Established by Eleven Companies