Ford vending machine begins dispensing cars in China

Alibaba It is no longer enough simply to test-drive a vehicle by riding around the block while a salesperson gives you their well-rehearsed patter. Now, there needs to be some sort of theater around the purchase, or else how will you trick yourself into thinking that buying a car is fun? It’s why Ford and… Continue reading Ford vending machine begins dispensing cars in China

Hyundai union chief warns of job crisis, says electric cars are ‘evil’

“We’re feeling job anxiety. We’re feeling a sense of crisis,” Ha Bu-young, the head of the Hyundai Motor union, South Korea’s biggest and most powerful union, told Reuters in an interview late last week. ULSAN, South Korea: Hyundai Motor’s union chief warned its workers may face a similar crisis to the one hitting General Motors‘… Continue reading Hyundai union chief warns of job crisis, says electric cars are ‘evil’

(3rd LD) Hyundai mulls whether to produce small pickup truck in U.S.

(ATTN: MINOR edits in lead, para 6) By Choi Kyong-ae SEOUL, March 26 (Yonhap) — Hyundai Motor Co. is mulling whether to produce a small pickup truck in the United States to avoid high tariffs and meet growing local demand, the company said Monday, while stressing that no concrete decision has been made on the… Continue reading (3rd LD) Hyundai mulls whether to produce small pickup truck in U.S.

Volvo Cars to produce Lynk & Co cars at Ghent, Belgium plant

Volvo Cars to produce Lynk & Co cars at Ghent, Belgium plant   Volvo Cars, the premium car maker, will produce cars for the new car brand Lynk & Co in Volvo Cars’ manufacturing plant in Ghent, Belgium from late 2019.   The announcement represents a closer collaboration between the two companies, following Volvo Cars’… Continue reading Volvo Cars to produce Lynk & Co cars at Ghent, Belgium plant

British-built Toyota Avensis culled due to slowing sales

Toyota has ended production of its British-built Avensis in response to dwindling demand for the Ford Mondeo and Vauxhall Insignia Grand Sport rival. Avensis sales in the UK fell to just 3473 units last year, a drop of 1660 on 2016. In Europe, just 25,319 examples were sold – less than half the number achieved by the… Continue reading British-built Toyota Avensis culled due to slowing sales

Nissan, Sumitomo Corp. and 4R set up plant to recycle electric-car batteries

The factory will be Japan’s first specializing in the reuse and recycling of used lithium-ion batteries from electric vehicles NAMIE, Japan (March 26, 2018) – Japan’s first plant specializing in the reuse and recycling of lithium-ion batteries from electric vehicles is set to open amid growing demand for electric cars. The new factory, in the… Continue reading Nissan, Sumitomo Corp. and 4R set up plant to recycle electric-car batteries

UPS adds battery energy storage for 118 electric vans in UK

Follow John Prototype plug-in electric delivery van with fuel-cell range extender to be tested by UPS in 2017 Enlarge Photo Electric vehicles are not only zero-emission and quieter and more pleasant to drive, they also clearly lower emissions of the carbon dioxide linked to climate change under most circumstances. For fleet operators who recharge large… Continue reading UPS adds battery energy storage for 118 electric vans in UK

CNBC Exclusive: CNBC Transcript: General Motors Chairman & CEO Mary Barra Speaks with CNBC’s Brian Sullivan …

WHEN: Today, Wednesday, March 7, 2018 WHERE: CNBC’s “Power Lunch” – From CERAWeek by IHS Markit in Houston, TX Following is an unofficial transcript of a CNBC EXCLUSIVE interview with General Motors Chairman & CEO Mary Barra and CNBC’s Brian Sullivan on CNBC’s “Power Lunch” (M-F 1PM-3PM) today, Wednesday, March 7, 2018. Following is a… Continue reading CNBC Exclusive: CNBC Transcript: General Motors Chairman & CEO Mary Barra Speaks with CNBC’s Brian Sullivan …

CATL To Build Battery Factory In Europe Like LG Chem & Samsung SDI

1 M BY MARK KANE Chinese lithium-ion battery manufacturer Contemporary Amperex Technology Ltd. intends to build a factory in Europe. Bloomberg reports that CATL is considering three countries – Germany, Poland, Hungary, which strongly support battery investments and are close to EV assembly facilities. Poland was already chosen by LG Chem, while Hungary got the… Continue reading CATL To Build Battery Factory In Europe Like LG Chem & Samsung SDI

Opel: the torch burns between IG Metall and PSA

Le ton monte entre le syndicat allemand IG Metall et PSA au sujet d’Opel, le constructeur déficitaire chronique racheté l’année dernière par le groupe français. Le syndicat et le comité d’entreprise d’Opel ont exigé dans un communiqué vendredi des « propositions constructives » de la part de PSA. Une façon assumée de mettre la pression, alors que la… Continue reading Opel: the torch burns between IG Metall and PSA