Daimler and VW against Prevent: The wrong strategy of the German car industry

All articles and backgrounds 04/11/2018 Daimler and VW v Prevent The wrong strategy of the German car industry A guest commentary by Stefan Randak Volkswagen and Daimler in a clinch with Prevent: The increasingly open conflict between suppliers and car manufacturers is also affecting manufacturers The dispute between VW and Daimler and the supplier Prevent… Continue reading Daimler and VW against Prevent: The wrong strategy of the German car industry

Bosch Disbands Internal Battery Cell Research, Will Sell Solid-State Startup Seeo

But this is not the way to go for Bosch. Seeo is to be sold, while the Lithium Energy and Power GmbH & Co. KG (LEAP) joint venture dissolved. Bosch’s reasoning is too high economic risks as initial investment alone would be some 20 billion euros to build a 200 GWh production facility for some… Continue reading Bosch Disbands Internal Battery Cell Research, Will Sell Solid-State Startup Seeo

BP teams up with Tesla to venture into battery storage for windfarm

LONDON (Reuters) – BP has teamed up with Tesla to build its first battery storage project at one of its U.S. windfarms as part of a strategy to expand its renewable energy business, the energy group said on Tuesday. FILE PHOTO: The logo of BP is on display at a petrol station in Moscow, Russia,… Continue reading BP teams up with Tesla to venture into battery storage for windfarm

Ally and Fair Announce Strategic Alliance

DETROIT, April 10, 2018 /PRNewswire/ — Ally Financial Inc. and Fair today announced a strategic relationship in which Fair will use Ally’s SmartAuction as a remarketing solution for its returned cars, and offer consumers flexible car financing powered by Ally’s Clearlane program. Under the agreement, vehicles returned to Fair as a result of a customer exiting… Continue reading Ally and Fair Announce Strategic Alliance

Ford Debuts More Upscale Focus to Trade Sales for Richer Margins

As Ford Motor Co. rolls out a redesigned version of its Focus compact car in China and Europe, it’s also debuting a strategy to be more choosy about which buyers it battles for and where. The automaker is taking the wraps off upscale grades of the car in London including the Focus Vignale, expanding the… Continue reading Ford Debuts More Upscale Focus to Trade Sales for Richer Margins

car2go publishes White Paper

E-carsharing plays an important role for the breakthrough of electric mobility The operation of carsharing fleets provides valuable knowledge for the overall further development of electric mobility  Stuttgart – Electric carsharing gives new impetus for the breakthrough of electric vehicles. car2go, the global market leader in the free-floating carsharing sector, today published a White Paper… Continue reading car2go publishes White Paper

Chinese NEV start-up Singulato to invest big in Suzhou

Singulato’s CEO Shen Haiyin attends the launching ceremony of an electric SUV Singulato iS6 in Beijing, April 13, 2017.[Photo/VCG] NANJING – Chinese new energy vehicle (NEV) start-up Singulato Motors announced Saturday plans to invest 15 billion yuan ($2.39 billion) in the manufacturing hub of East China’s Suzhou over the next five years. A partnership between… Continue reading Chinese NEV start-up Singulato to invest big in Suzhou

News Release – Magna to Develop Electric Vehicle Architecture for BAIC Group

Please click HERE for a PDF version of this release. • Joint program for next generation of EV architecture• Magna to enhance its relationship with one of China’s largest OEMs • First project with BAIC Group to support their electrification strategy BEIJING, April 9, 2018 — BAIC Group (Beijing Automotive Industry Holding Co., Ltd.) and Magna… Continue reading News Release – Magna to Develop Electric Vehicle Architecture for BAIC Group

MORE DEALERS JOIN IN THE UPGRADE EXERCISE – UPBEAT ON THE FUTURE OF PROTON

PRESS MORE DEALERS JOIN IN THE UPGRADE EXERCISE – UPBEAT ON THE FUTURE OF PROTON Posted on Mar 28, 2018 Subang Jaya, 28 March 2018 – The Company witnessed another round of the Dealers Network Upgrade agreement signing ceremony recently, held at the PROTON Centre of Excellence. Following the earlier two batches which were held… Continue reading MORE DEALERS JOIN IN THE UPGRADE EXERCISE – UPBEAT ON THE FUTURE OF PROTON

Yet to turn a profit, Ford won't give up on India

Pankaj Radhe, Special to the Detroit Free Press Published 12:41 p.m. ET April 8, 2018 CLOSE Ford is going to import the EcoSport from India. It will be the brand’s smallest SUV vehicle and DJ Khaled was on hand to unveil the vehicle in advance of the Los Angeles Auto Show. Robert Hanashiro, USA TODAY… Continue reading Yet to turn a profit, Ford won't give up on India