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
Tag: Financial Results
Alibaba-Backed China Car Startup to Raise $2.7 Billion This Year
Xiaopeng Motors, which counts Alibaba Group Holding Ltd. and Foxconn Technology Group among its investors, plans to raise 17 billion yuan ($2.7 billion) in funds this year as the Chinese car startup seeks to take on rivals in the world’s biggest market for electric vehicles. The company plans to start pre-sales of its first model,… Continue reading Alibaba-Backed China Car Startup to Raise $2.7 Billion This Year
To own, or to access – that is the question
Is Netflix where you look when you’ve got a spare hour in the evening? Is your workplace anywhere you can access your Office 365 account? If so, then you’re among the countless people who use an online subscription service. Without a doubt, we’re a long way from when Steve Jobs famously proclaimed in 2003, “you… Continue reading To own, or to access – that is the question
As GM union faces big job losses, South Koreans turn cold shoulder
“I don’t think anyone is feeling for us anymore,” a grim-faced Lee, who was rehired by GM a year after it bought Daewoo in 2002, said. BUPYEONG, South Korea: When Lee Bum-yeon lost his job along with nearly 2,000 other union workers in 2001 after South Korea’s Daewoo Motor went bankrupt, his neighbours at supermarkets… Continue reading As GM union faces big job losses, South Koreans turn cold shoulder
2018 Nissan Leaf electric car: Is there a fast-charging problem?
2018 Nissan Leaf with EVgo fast charger at NJ Turnpike Molly Pitcher travel plaza, Feb 2018 Enlarge Photo As Tesla has shown, not all fast charging is created equal. Now owners of the new 2018 Nissan Leaf are complaining that that the car’s “fast” charging is not always as fast as advertised. Owners have found… Continue reading 2018 Nissan Leaf electric car: Is there a fast-charging problem?
Annual Shareholders’ Meeting approves dividend of €3.65 per share
Berlin, Germany – At the Annual Shareholders’ Meeting of Daimler AG in Berlin on Thursday, the shareholders approved a dividend of €3.65 per share for financial year 2017. The dividend distribution amounts to €3.9 billion. The dividend will be paid out on the third business day after the resolution by the Annual Shareholders’ Meeting, April… Continue reading Annual Shareholders’ Meeting approves dividend of €3.65 per share
Daimler eyes 9% return on sales across global markets
“Our passion to create better future is part of our DNA. We know this is a very ambitious goal. But that’s exactly what our founding fathers did. And it’s time to do it again.” New Delhi: German vehicle manufacturer Daimler is aiming to achieve a sustainable return on sales of 9 per cent in its… Continue reading Daimler eyes 9% return on sales across global markets
Diesel collapse gives carmakers carbon headache
Volkswagen’s I.D. Crozz, I.D. Vizzion and I.D. Buzz model cars at the 88th International Motor Show at Palexpo in Geneva, Switzerland. Photo: Denis Balibouse/Reuters The accelerating demise of diesel, long used by carmakers to boost fuel-efficiency, is undermining their plans to meet looming European Union CO2 goals and avoid big annual fines. Executives gathered at… Continue reading Diesel collapse gives carmakers carbon headache
McKinsey summarizes state of the art, latest trends in electric cars
Follow John Over the seven years modern, mass-priced electric cars have been on sale, various bits of wisdom have emerged among their fans, advocates, and owners. One might be how much battery range is “enough” to prevent drivers from worrying constantly about whether they need to charge. Another might be which vehicles have batteries that… Continue reading McKinsey summarizes state of the art, latest trends in electric cars
GM exec: We’re all-in on sedans
Amid speculation that General Motors Co. could cut two sedan nameplates in the next five years, the automaker’s top brass says it’s still all-in on the dwindling sedan segment. (Photo: Daniel Mears / Detroit News, file) Las Vegas — Amid speculation that General Motors Co. could cut two sedan nameplates in the next five years,… Continue reading GM exec: We’re all-in on sedans