LISLE, Ill., March 8, 2018 /PRNewswire/ — Navistar International Corporation (NYSE: NAV) today announced a first quarter 2018 net loss of $73 million, or $0.74 per diluted share, compared to a first quarter 2017 net loss of $62 million, or $0.76 per diluted share. First quarter 2018 results included $46 million of charges as a result… Continue reading Navistar Reports First Quarter 2018 Results
Tag: Electric vehicles
Volkswagen boss: German city diesel ban is ‘scary and unnecessary’
Volkswagen boss Herbert Diess has reacted to the recent German court ruling that cities can ban the most heavily polluting diesels, describing the move as “a scary picture and totally unnecessary”. When the ruling was announced late last month, the court also said that Stuttgart should start to impose a year-round ban, while Dusseldorf should also… Continue reading Volkswagen boss: German city diesel ban is ‘scary and unnecessary’
660,000 electric cars by 2025: BMW partner Great Wall invests heavily in electromobility
Everything electric With the brand Haval Great Wall is already the largest SUV provider in China. Now also the electric market is to be conquered. (Photo: Reuters) The Chinese car manufacturer Great Wall wants to more than double its annual sales by 2025 to two million vehicles. About a third of these would be electric… Continue reading 660,000 electric cars by 2025: BMW partner Great Wall invests heavily in electromobility
Strong Growth and Excellent Financial Position
Targets surpassed – Continental enjoyed strong growth and profitability in fiscal 2017 Sales were up 8.5 percent at €44 billion with an adjusted EBIT margin of 10.9 percent Net income increased to €3 billion and earnings up to €14.92 per share Executive Board to propose a dividend increase of 25 cents to €4.50 per share… Continue reading Strong Growth and Excellent Financial Position
Fastned and ABB unveils new generation of 350 kW charging stations
Dutch charging company Fastned has unveiled a new generation of DC fast charging stations, developed by ABB, that support charging levels of up to 350 kW. The first of the 350 kW stations is located at a service area on the A8 highway near Amsterdam. The new stations can charge an EV to 500 km… Continue reading Fastned and ABB unveils new generation of 350 kW charging stations
UPDATE 1-GM plans to expand Bolt EV output, asks Congress to help
WASHINGTON (Reuters) – General Motors Co (GM.N) Chief Executive Mary Barra called on the U.S. Congress on Wednesday to expand a consumer tax credit for electric vehicles as the automaker said it would boost production of its EV Chevrolet Bolt in response to strong demand. CEO of General Motors Mary Barra speaks with energy scholar… Continue reading UPDATE 1-GM plans to expand Bolt EV output, asks Congress to help
Elon Musk enlists Tesla’s all-electric Semi trucks to ship Tesla’s battery packs
“Eat Your Own Dog Food” is an aphorism referring to the Microsoft tradition of using its own software products, but it applies equally well to the first production cargo trip of Tesla’s all-electric truck — which carried battery packs from Tesla’s Gigafactory in Nevada to its car assembly plant in Fremont, Calif. Tesla CEO Elon Musk spotlighted… Continue reading Elon Musk enlists Tesla’s all-electric Semi trucks to ship Tesla’s battery packs
Daimler, Volvo Cars executives skeptical over Geely alliance plan
GENEVA (Reuters) – Executives at Daimler (DAIGn.DE) and Volvo Cars question the viability and industrial logic of a plan by their major shareholder, China’s Geely, to form an auto industry alliance to counter “tech invaders.” FILE PHOTO: The Mercedes star logo of an E Coupe is pictured before the annual news conference of Daimler AG… Continue reading Daimler, Volvo Cars executives skeptical over Geely alliance plan
Electric sportscars blur the need for speed
* Electric supercars have edge on acceleration * Engine, battery performance more important over time -Porsche * Lamborghini sees need to differentiate products in EV era By Andreas Cremer GENEVA, March 7 (Reuters) – Established sports car brands such as Porsche and Lamborghini are losing the speed crown to lesser-known rivals offering electric supercars boasting… Continue reading Electric sportscars blur the need for speed
Henrik Fisker Talks Batteries and Autonomous Transportation
The industry disruptor talked about his upcoming autonomous vehicles. DAVID MCNEW—AFP/Getty Images Fisker Inc., the electric car manufacturer and Tesla rival, has big plans in the works. The Drive spoke with CEO Henrik Fisker about his plans for solid-state batteries and his upcoming electric and autonomous vehicles. Fisker, the controversial innovator who designed the BMW… Continue reading Henrik Fisker Talks Batteries and Autonomous Transportation