Volkswagen AG, unveiling a version of the revamped Jetta sedan, said it’ll invest more than $3.3 billion in North America to help lift the brand out of irrelevance in the U.S. The spending through 2020 will mostly go toward new models, including two more planned sport utility vehicles designed to finally turn VW’s fortunes, after lingering at… Continue reading VW Brand to Invest $3.3 Billion in Quest for U.S. Relevance
Tag: Electric vehicles
Ford Doubling Electric Vehicle Spending to $11 Billion by 2022
Ford Motor Co. will more than double spending on electrified vehicles, amplifying its investment in a segment that still comprises a fraction of the auto market. The carmaker will shell out $11 billion by 2022, Jim Farley, president of global markets, said during a presentation at the Detroit auto show. That’s up from the $4.5… Continue reading Ford Doubling Electric Vehicle Spending to $11 Billion by 2022
Why We Need Electric Vehicle Concepts, + The RAESR & Its Wild Tachyon Speed
January 14th, 2018 by Nicolas Zart No doubt about it, proof-of-concept cars are cool, but rarely practical. Despite their unobtainium status, they are nonetheless very much needed. Here’s why. The RAESR Wild Tachyon Speed Proof Of Concept Mainstream car manufacturers would be happy if nothing changed. They modestly change the four-wheel people haulers every year… Continue reading Why We Need Electric Vehicle Concepts, + The RAESR & Its Wild Tachyon Speed
Top Automotive Industry News for Week of January 8 – January 14, 2017
Here is the most important news associated with the automotive industry identified by the SEA for the week January 8, 2018 – January 14, 2018. We hope it helps you stay up to speed on the key developments in our industry: -Automotive Manufacturing News- 2018 Detroit Auto Show Preview: Here’s What to Expect (Car &… Continue reading Top Automotive Industry News for Week of January 8 – January 14, 2017
UPDATE 1-Ford ups electric vehicle plans to $11 billion by 2022 – executive
(Reuters) – Ford Motor Co (F.N) will increase significantly its planned investments in electric vehicles to $11 billion by 2022, Chairman Bill Ford told reporters on Sunday at the Detroit auto show. This is up from a previously announced target of $4.5 billion by 2020. The investments will be made in full electric and plug-in… Continue reading UPDATE 1-Ford ups electric vehicle plans to $11 billion by 2022 – executive
Ford teases an all-electric performance car called the ‘Mach 1’
Ford just rolled out a new Ranger pickup truck, Edge crossover, and Bullitt Mustang here at the North American International Auto Show, all of which were either rumored or expected. But the company teased something totally out of the blue at the very end of its press conference: an all-electric performance car called the “Mach… Continue reading Ford teases an all-electric performance car called the ‘Mach 1’
New In-Road Wireless Charging Idea Could Become A Breakthrough
New In-Road Wireless Charging Idea Could Become A Breakthrough – video 1 min ago by Mark Kane [embedded content] A team at Stanford University has published research results for longer range dynamic wireless energy transfer for potential use in electric vehicle charging. Stanford University: Wireless charging of moving electric vehicles overcomes major hurdle Both, stationary and dynamic… Continue reading New In-Road Wireless Charging Idea Could Become A Breakthrough
Volkswagen brand sets delivery record in 2017
The Volkswagen brand handed over a total of 6.23 million vehicles to customers worldwide in 2017, making last year the most successful yet in the history of the brand. China, the largest single market, is the main driver of this positive development. More than 3 million vehicles were delivered there for the first time last… Continue reading Volkswagen brand sets delivery record in 2017
Toyota Kicks Off Detroit Auto Show with Its ‘Walk In My Boots’ Community Outreach Program By Helping Local Families In Need
Donates Winter Boots and Socks To Homeless and Low-Income Families Enriching Lives…One Step At A Time at The Salvation Army Harbor Light/Booth Family ShelterHeld in conjunction with the 2018 North American International Auto Show January 14, 2018 DETROIT, Jan.13, 2018 – For the seventh consecutive year, while showcasing new vehicles at the North American… Continue reading Toyota Kicks Off Detroit Auto Show with Its ‘Walk In My Boots’ Community Outreach Program By Helping Local Families In Need
Fiat CEO Sees Room to Double Profit by 2022
Fiat Chrysler Automobiles NV Chief Executive Officer Sergio Marchionne, one of the longest-serving bosses in the auto industry, said the company can double profit within five years by exploiting the potential of the Jeep brand. Sergio Marchionne Photographer: Chris Ratcliffe/Bloomberg With the offroad nameplate in position to grab as much as 20 percent of the… Continue reading Fiat CEO Sees Room to Double Profit by 2022