Eisenach plant: Thuringia offers Opel subsidies for site maintenance

All articles and backgrounds 04/23/2018 Eisenach plant in Thuringia offers Opel subsidies for site maintenance DPA Employees at Opel’s Eisenach plant: Thuringian Prime Minister Ramelow wants to preserve the location Thuringia’s Prime Minister Bodo Ramelow has promised assistance for Opel if, in return, the Eisenach site is maintained. It is about four specific areas, said… Continue reading Eisenach plant: Thuringia offers Opel subsidies for site maintenance

New boss Diess with tailwind: expected 4.4 billion profit of Volkswagen

All articles and backgrounds 04/23/2018 New boss Diess with tailwind expected 4.4 billion profit from Volkswagen REUTERS Volkswagen: After the change of boss from Müller to Diess, investors remain optimistic with regard to profit and turnover Volkswagen announces its first quarter results on Thursday (26 April). Following the surprise takeover of the chief position by… Continue reading New boss Diess with tailwind: expected 4.4 billion profit of Volkswagen

Crisis in Eisenach: Ramelow promises state aid for Opel

Plant in Eisenach After the takeover of Opel by the French Peugeot group PSA unionists fear that especially the smallest German plant in Eisenach with its 1800 employees on the loose. (Photo: AP) The Thuringian Prime Minister Bodo Ramelow has helped to preserve the OpelLocation Eisenach promised. It is about four specific areas, said the… Continue reading Crisis in Eisenach: Ramelow promises state aid for Opel

Dana Unveils Comprehensive Strategy for Electrification in Construction, Off-Highway Markets

PARIS, April 23, 2018 /PRNewswire/ — Dana Incorporated (NYSE: DAN) today revealed new technologies in support of the rapidly evolving development of hybrid- and electric-powered construction and other off-highway vehicles at Intermat, the international exhibition for the civil engineering and structural building industries. Consistent with its approach in other vehicle markets, Dana’s strategy enables original-equipment manufacturers… Continue reading Dana Unveils Comprehensive Strategy for Electrification in Construction, Off-Highway Markets

Dana Rexroth Collaborating with Engine Manufacturers to Support Stage V Emissions Regulations in Europe

PARIS, April 23, 2018 /PRNewswire/ — Dana Rexroth Transmission Systems today announced that the company is actively working with engine manufacturers in the off-highway industry to support European Stage V emissions regulations. Set by the European Union, these diesel engine standards further restrict emissions limits for non-road mobile machinery, including vehicles for construction, material handling, and… Continue reading Dana Rexroth Collaborating with Engine Manufacturers to Support Stage V Emissions Regulations in Europe

The Volvo S90 Ambience Concept – a car that connects with your senses

The Volvo S90 Ambience Concept – a car that connects with your senses Volvo Cars, the premium car maker, today reveals the S90 Ambience Concept, an industry-first sensory experience that synchronises visuals, sound and scent to redefine in-car luxury.   The S90 Ambience Concept, making its public debut at the Beijing Auto Show in China,… Continue reading The Volvo S90 Ambience Concept – a car that connects with your senses

NIO Capital Is Said Close to Completing $500 Million Auto Fund

NIO Capital, the investment firm affiliated to Chinese electric-vehicle startup NIO, is close to completing the first round of its $500 million offshore fund that will put money in new automotive technologies, according to people with direct knowledge of the matter. The company is discussing with sovereign-wealth funds, energy and insurance companies in Asia and… Continue reading NIO Capital Is Said Close to Completing $500 Million Auto Fund

NIO Capital nears completing first round of $500m auto fund to tap new tech

April 22, 2018 NIO Capital, the investment firm backed by Chinese electric-vehicle startup NIO, is close to completing the first round of its $500 million offshore fund that will put money in new automotive technologies, according to people with direct knowledge of the matter. The company is discussing with sovereign-wealth funds, energy and insurance companies… Continue reading NIO Capital nears completing first round of $500m auto fund to tap new tech

Biting criticism of established car manufacturers: Ex-Opel boss Neumann goes to car startup Evolozcity

All articles and backgrounds 04/22/2018 Biting criticism of established car manufacturers Ex-Opel boss Neumann goes to car startup Evolozcity DPA Dominates the big stage: Karl-Thomas Neumann at the IAA 2013 with Chancellor Angela Merkel. There were many rumors about Karl-Thomas Neumann in recent months. Time should be the former boss of the automaker Opel take… Continue reading Biting criticism of established car manufacturers: Ex-Opel boss Neumann goes to car startup Evolozcity

Dyson Abandons Sakti3 Solid-State Battery Patents

47 M BY DOMENICK YONEY Well, this sucks. Dyson — the world-famous purveyor of non-traditional-looking vacuum cleaners, hair and hand dryers, and other assorted household items — has been investing vast amounts of money to develop a line of electric vehicles that were supposed to find their way to showrooms by 2020. Well, that automotive ambition may… Continue reading Dyson Abandons Sakti3 Solid-State Battery Patents