The investment will propel the technology startup's efforts to expand operations and update products to meet the demands of dealership and automaker customers.
Hyundai Motor Group (HMG) said it had selected Wartsila for a technology and commercial partnership designed to use second-life electric vehicle (EV) batteries in the growing energy storage market.
Southern California Edison utility is looking to spend another $760.1 million on expanding electric car-charging networks as the state works to get more emissions-free vehicles on the road.
Ian Robertson, BMW Group's special representative in the UK, has stressed BMW's commitment to manufacturing in the UK and criticised 'polarising headlines' as the UK government's EU exit negotiations enter a critical phase.
The legal transformation of Volkswagen Truck & Bus into a German Aktiengesellschaft (AG) has been successfully completed, the VW Group announced.
Awards
4 Jul, 2018
The Mercedes C-Class is the 2018 Auto Express Compact Executive Car of the Year, with the Alfa Romeo Giulia and Jaguar XE commended
Daimler is investing $700 million to expand its factory in South Africa, and will build the next generation of its C-class model at the plant.
Awards
4 Jul, 2018
The Vauxhall Insignia Grand Sport is the 2018 Auto Express Family Car of the Year, with the Skoda Superb and Toyota Prius commended
Jaguar Land Rover aims to use its China factory to produce an EV such as the I-Pace as the automaker steps up its game in a fast-growing market where other luxury marques from Audi to Mercedes are investing money to gain leadership.
Awards
4 Jul, 2018
The Ford Fiesta is the 2018 Auto Express Supermini of the Year, with the MINI 5-door and SEAT Ibiza commended
The Mercosur bloc of Brazil, Argentina, Paraguay and Uruguay has offered to cut import tariffs on EU cars by half to 17.5 percent as the two sides try to advance talks to close a trade agreement, a Brazilian newspaper reported.
The Mercosur bloc of Brazil, Argentina, Paraguay and Uruguay has offered to cut import tariffs on EU cars by half to 17.5 percent as the two sides try to advance talks to close a trade agreement, a Brazilian newspaper reported.
The car - integral to the daily lives of millions of people - is being transformed into a living room on wheels. Motorists' insatiable appetite for comfort and connectivity, all within a customised environment, is driving innovation. As a global leader in vehicle interiors, Faurecia is developing solutions that meet those desires. Continuing just-auto/QUBE's series of interviews with tier one suppliers, we spoke to Andreas Wlasak, Vice-President Industrial Design at Faurecia Interiors.
Audi's new European sales chief is former Rolls-Royce executive Fintan Knight, a source familiar with the matter said.
BMW is cutting its dependence on its factory in Oxford, England, for Mini production by expanding a Dutch assembly site.
BMW said it is not considering moving production out of the UK because of Brexit, although the automaker has cut its dependence on its Oxford Mini plant by quietly expanding output with Dutch contract manufacturer VDL Nedcar.
Didier Leroy, a Toyota Motor executive vice president and Toyota Motor Europe chairman (he's also president, business planning & operation, and chief competitive officer) was paid JPY1.026bn (about $9.37m) for the business year ended 31 March 2018, up 50% from the previous business year and far exceeding the earnings of company president Akio Toyoda, according to Japanese media reports, citing a financial statement disclosed this week.
Any sort of customs border between Britain and the EU would cause delays to the trucks which carry parts for just-in-time manufacturing of cars, said Stephan Freismuth, BMW's customs manager.
Any sort of customs border between Britain and the EU would cause delays to the trucks which carry parts for just-in-time manufacturing of cars, said Stephan Freismuth, BMW's customs manager.