FRANKFURT (Reuters) – Volkswagen (VOWG_p.DE) has abandoned its decades-old obsession with empire building and no-expense-spared engineering to free up resources for the development and mass production of electric cars, its CEO Herbert Diess told Reuters. FILE PHOTO: Herbert Diess, CEO of German carmaker Volkswagen AG, gestures in front of an ID.3 pre-production prototype during the… Continue reading VW CEO shifts strategy from empire building to efficiency
Tag: PSA
Buyacar identifies 40% price cuts on unsold ’19-plate cars
Franchised car retailers are offering discounts of up to 40% of a vehicle’s original list price in an efforts to offload their pre-registered 19-plate stock during the September ‘plate change month. Online retail portal Buyacar has highlighted consumer deals across a variety of brands in recent analysis of the market and identified Audi as one of… Continue reading Buyacar identifies 40% price cuts on unsold ’19-plate cars
New all-electric Vauxhall Corsa-e to start from just over £26k
UK prices for the pure-electric version of the next-generation Vauxhall Corsa have been confirmed. Including the Government’s plug-in car grant, the new Corsa-e will start from £26,490, while the first 500 customers to place an order will receive a free home charging kit. When first deliveries begin in April 2020, the Corsa-e will be the first… Continue reading New all-electric Vauxhall Corsa-e to start from just over £26k
European automakers tell governments they must help sell electric cars
FILE PHOTO: CEO of the PSA Group, Carlos Tavares attends the 89th Geneva International Motor Show in Geneva, Switzerland March 5, 2019. REUTERS/Denis Balibouse FRANKFURT (Reuters) – Europe’s carmakers are telling governments they must help build electric car charging points and provide consumer subsidies to boost sales of battery-powered vehicles and assist the industry in… Continue reading European automakers tell governments they must help sell electric cars
Press Releases – New study highlights lack of progress on infrastructure & incentives for alternatively-powered cars
Frankfurt, 11 September 2019 – At the start of a new EU political term, the European Automobile Manufacturers’ Association (ACEA) is urgently calling for a comprehensive plan to enable the transition to zero-emission mobility in Europe. This should include a major ramp-up of charging and refuelling infrastructure, as well as meaningful purchase incentives to stimulate… Continue reading Press Releases – New study highlights lack of progress on infrastructure & incentives for alternatively-powered cars
BMW warns a no-deal Brexit would mean Mini production cut in Oxford affecting UK jobs – iNews
Car manufacturer BMW has warned a no-deal Brexit would mean a cut in production of the Mini at its factory in Oxford. The firm’s chief financial officer Nicolas Peter said manufacturing was likely to drop at the Cowley plant, which in turn would affect jobs. “No-deal would mean that, most likely, [World Trade Organization] tariffs… Continue reading BMW warns a no-deal Brexit would mean Mini production cut in Oxford affecting UK jobs – iNews
CORRECTED-UPDATE 2-Ford makes big electric push in Europe with new launches
(Reuters) – Ford Motor Co said on Tuesday it would launch eight electric vehicles in Europe this year, a key step in its target of achieving a majority of its overall sales from electric cars by the end of 2022. FILE PHOTO: The Ford logo is seen at the Ford oldest Brazil plant in Sao… Continue reading CORRECTED-UPDATE 2-Ford makes big electric push in Europe with new launches
Mini plant could cut shifts in event of no-deal
Media playback is unsupported on your device Workers at the Mini plant in Oxford could see their shifts cut in the event of a no-deal Brexit, BMW’s finance chief has told the BBC. Nicolas Peter said production was likely to fall at the Cowley factory, affecting jobs. But he said BMW, which also makes Minis… Continue reading Mini plant could cut shifts in event of no-deal
Carlos Tavares, CEO of PSA Group, on Electric Vehicle Sales, Europe’s Charging Network, Brexit – Bloomberg
Carlos Tavares, CEO of PSA Group, on Electric Vehicle Sales, Europe’s Charging Network, Brexit Bloomberg PSA Group Chief Executive Officer Carlos Tavares discusses the outlook for electric vehicle sales and the charging network in Europe. He also comments on the … Go to Source
Carmakers near CO2 cliff-edge in electrification race
PARIS/FRANKFURT (Reuters) – Time is running out for European carmakers, which have waited until the last minute to try to meet ambitious EU emissions targets and face billions in fines if they fail to comply. FILE PHOTO: A model of an electric Mini car is pictured at the booth of Siemens at the Hanover trade… Continue reading Carmakers near CO2 cliff-edge in electrification race