Tesla Semi lorry to have range of up to 600 miles, says Musk

The Tesla Semi electric lorry will be capable of travelling up to 600 miles to a single charge, even when fully loaded, company CEO Elon Musk has claimed. According to Electrek, Musk said during Tesla’s quarter one results conference call that he was “optimistic” the Semi would beat the 500-mile range announced at its reveal last year. His claims come after Daimler’s lorry… Continue reading Tesla Semi lorry to have range of up to 600 miles, says Musk

Movement in restructuring negotiations: PSA boss Tavares wants to present future plan for Opel

All articles and backgrounds 05/03/2018 Movement in restructuring negotiations PSA boss Tavares wants to submit a future plan for Opel DPA Opel boss Michael Lohscheller (r) and PSA CEO Carlos Tavares: “Opel and its employees must be respected” In the tug of war with the works council for the future of Opel, the powerful PSA… Continue reading Movement in restructuring negotiations: PSA boss Tavares wants to present future plan for Opel

Tesla quarterly figures: Elon Musk blasphemes about Daimler CEO Zetsche – “has no idea of ​​physics”

Bizarre conference call: “Elon Musk has to behave smarter” Elon Musk is considered by many to be the enfant terrible of the tech industry. That the boss of Tesla, SpaceX and Boring Company can actually perform childishly, Musk proved on Wednesday night. That proves that now published the analyst conference call minutes to the Tesla-quarter… Continue reading Tesla quarterly figures: Elon Musk blasphemes about Daimler CEO Zetsche – “has no idea of ​​physics”

Elon Musk annoys analysts and has Tesla plunged into the stock market

If American journalists are now accustomed to the Donald Trump rant, analysts will now have to learn how to handle the mood swings of Elon Musk, the boss of Tesla. During’ a conference call scheduled after the publication of the results of the automaker Elon Musk got upset with analysts’ questions, dismissing some and even… Continue reading Elon Musk annoys analysts and has Tesla plunged into the stock market

Carmakers’ April sales rise 7.5 pct on demand recovery

By Choi Kyong-ae SEOUL, May 2 (Yonhap) — The combined sales of South Korea’s five carmakers rose 7.5 percent last month from a year earlier due to recovering demand and popularity of new models, corporate data showed Wednesday. The five automakers — Hyundai Motor Co., Kia Motors Corp., GM Korea Co., Renault Samsung Motors Corp.… Continue reading Carmakers’ April sales rise 7.5 pct on demand recovery

Off for Mercedes home batteries: Daimler fails to save on Tesla and Co.

All articles and backgrounds 05/02/2018 Off for Mercedes home batteries Daimler fails to save on Tesla and Co. [M] Daimler Daimler CEO Dieter Zetsche, Mercedes energy storage Daimler gives up the production of home batteries: Just two years after the carmaker attacked Tesla, Sun, Varta and other manufacturers in this segment announced, the group is… Continue reading Off for Mercedes home batteries: Daimler fails to save on Tesla and Co.

Volkswagen in JV talks with China’s Didi to manage fleet, co-develop cars

April 30, 2018 Volkswagen AG, the world’s biggest automaker, is in talks to form a joint venture with China’s Didi Chuxing to manage part of the ride-hailing company’s fleet of cars and help develop “purpose-built” vehicles for Didi‘s services. As part of the deal between Volkswagen and China’s biggest ride-hailing service, expected to be signed… Continue reading Volkswagen in JV talks with China’s Didi to manage fleet, co-develop cars

Top Automotive Industry News for Week of April 23 – April 29, 2018

Here is the most important news associated with the automotive industry identified by the AEA for the week April 23, 2018 – April 29, 2018. We hope it helps you stay up to speed on the key developments in our industry: -Automotive Manufacturing News- 6 Reasons Ford CEO Jim Hackett Decided To Deep-Six Its Sedans… Continue reading Top Automotive Industry News for Week of April 23 – April 29, 2018

After Tesla Debacle, Denmark Reconsiders Electric Car Subsidies

Denmark may be open to financial incentives to buy electric cars after seeing a dramatic drop in sales of non-polluting vehicles, according to Prime Minister Lars Lokke Rasmussen. “We have tax incentives for electric cars, and you could discuss if they should be bigger. I will not exclude that,” Rasmussen said in an interview in… Continue reading After Tesla Debacle, Denmark Reconsiders Electric Car Subsidies

Ford Is About to Abandon American Sedans

The Model T, the ’32 deuce coupe, the Thunderbird, the Mustang: For much of its 115-year history, Ford Motor Co. has been synonymous with cars. But now Ford, one of the great engines of 20th Century American industry, is about to do the unthinkable: abandon the American car business almost entirely. Henry Ford and the… Continue reading Ford Is About to Abandon American Sedans