News
23 May, 2017
Audi A4 Black Edition revealed for the saloon and Avant, while rest of range receives equipment upgrades
This year's Tokyo Motor Show is positioning itself as a connected car showcase of trends "beyond the motor," but the futuristic theme isn't enough to draw the Detroit 3.
The more I look at it, the harder I am finding it to understand the rationale for change at the top of Ford Motor Company. I am concluding, at this point, that it is perhaps more rooted in presentation than substance.
The first six teams for the new start-up incubator at Volkswagen's Gläserne Manufaktur in Dresden have been chosen: the start-ups Smart City System from Nuremberg, LoyalGo from Dortmund, Tretbox from Berlin and Ekoio from Leipzig were declared winners on Thursday evening following a pitch competition at the factory.
South Africa's National Union of Metalworkers of South Africa (Numsa) has said up to 600 workers at General Motors SA are set to lose their jobs by July, out of a total of 1,500.
The authorities in Beijing have approved an electric vehicle JV between Volkswagen and Anhui Jianghuai Automobile (JAC Motors).
VW subsidiary Lamborghini has announced the planned construction of a new paint plant.
Ford's replacement of CEO Mark Fields with turnaround specialist Jim Hackett has put its European operations under scrutiny, with industry watchers speculating whether the company will exit the region like its rival, GM.
Japanese electric vehicle developer FOMM Corporation plans to assemble electric vehicles in Thailand from next year.
Thailand's new vehicle market continued to rebound strongly in April with sales rising by 15.1% to 63,267 units from 54,986 units a year earlier, according to data released by the Federation of Thai Industries.
Daimler and BYD will each invest 500 million yuan ($72.6 million) to shore up their debt-laden EV joint venture in China. The partnership has been unprofitable since 2014, when its sole model, the Denza EV compact sedan, hit the market.
Daimler and BYD will each invest 500 million yuan ($72.6 million) to shore up their debt-laden EV joint venture in China. The partnership has been unprofitable since 2014, when its sole model, the Denza EV compact sedan, hit the market.
VW Group CEO Matthias Mueller said some managers are resisting the automaker's push for a new era of accountability after its emissions fraud. "There are definitely people who are longing for the old centralistic leadership," Mueller said.
VW Group CEO Matthias Mueller said some managers are resisting the automaker's push for a new era of accountability after its emissions fraud. "There are definitely people who are longing for the old centralistic leadership," Mueller said.
Subaru is considering electric versions of its existing models under the automaker's first foray into the technology, as it joins peers around the world in pouring cash into battery-powered vehicles amid tightening emissions rules.
As it goes to an all-electric strategy, Smart USA is dropping the price of its redesigned 2017 Smart Electric Drive coupe by $1,200 when it goes on sale this summer.
The immediate impact on dealership buy-sell activity from Ford's executive shakeup is likely negligible, buy-sell advisors say, but the long-term impact could be problematic.
Mark Fields' hefty profits at Ford Motor Co. weren't enough to keep him in the CEO chair.
In the mid-1990s, I profiled Jim Hackett, now Ford's new CEO, as a "different kind" of CEO at Steelcase. Indeed he was.
Marcy Klevorn was named executive vice president and president of mobility for the automaker, filling in for James Hackett who just became CEO.