In the future, VW Group will conduct its business in English. The change should improve the German automaker's ability to recruit international top performers. It could also mean an end to VW's insular corporate culture.
Continental CEO Elmar Degenhart says the supplier will continue to post losses with products for electric cars until at least 2019. Electro-mobility will only massively take off between 2025 and 2030, Degenhart told a German business magazine.
Toyota is hoping that its new C-HR crossover will bring an incremental sales boost of around 100,000 units a year in Europe. The ambitious target equates to an 11% segment share and reflects the company's assessment that the tech-heavy car will straddle market segments and attract new buyers from premium brands as well as mainstream ones.
News
15 Dec, 2016
The first car from California based start-up Lucid costs well into six figures and is slated for production in 2018
VW Group has taken a stake in Hubject, which is developing a standard method to map and pay at electric charging stations.
Skoda is building a new press shop at its main plant in Mladá Boleslav and installation of the press line for the main production line is currently under way with trial operation due in a week.
Toyota expects its global vehicle sales to rise 1 percent to 10.2 million next year as growth in North America, Europe and China prompts a recovery from a 1 percent slide in deliveries this year.
European new-car sales rose 5.6 percent in November with Renault, Seat, Hyundai, BMW, and Mercedes gaining volume while PSA, Opel, Volvo and Jaguar Land Rover were among automakers whose sales fell.
Microsoft announced a partnership with TomTom that will provide "smart" maps for self-driving vehicles and data for motorists to guide their daily routines.
Japan and the EU are holding talks this week to try reach a broad trade agreement that would help Japanese automakers and suppliers export more products to EU markets. Japan is seeking cuts in EU tariffs on Japanese cars and auto parts.
Electric-car startup Lucid Motors took another step toward becoming a real carmaker Wednesday with the unveiling of its first product, the Air, a sleek sedan that will be priced and equipped to compete in Tesla's target market.
Three electric-vehicle startups funded by Chinese billionaire Jia Yueting will show off new prototype vehicles at the giant CES 2017 trade show in Las Vegas next month, with one of the companies privately mapping out an ambitious 10-year, 12-vehicle...
Magna International plans to use holograms to demonstrate its future mobility capabilities during the CES, or Consumer Electronics Show, in Las Vegas in January.
General Motors plans to invest a combined $552 million at three operations in New York and one in Ohio, the automaker said today. The bulk of the investment, $333.7 million, is going toward three plants in New York.
General Motors plans to debut redesigned versions of the Chevrolet Traverse and GMC Terrain at the Detroit auto show in January, a person with knowledge of the automaker's plans said today.
Uber has rolled out its self-driving car fleet in its hometown of San Francisco, despite lacking the proper permit that state regulators say is required.
The California Department of Motor Vehicles sent a letter to Uber on Wednesday ordering the company to "cease the operations" of its autonomous cars until it applies for and receives the testing permit required by the state.
News
14 Dec, 2016
Canadian manufacturer must change name of off-road buggy, as JLR makes it clear the Defender isn't for imitation
The British government intends to publish a letter it sent to Nissan assuring it that investments would be safe after Brexit, but only when some of the information in it is no longer confidential, Business minister Greg Clark said.
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