$1.76 billion in battery cells will come from a new CATL plant in Erfurt, Germany. The rest will come from China.
BMW plans to source 4 billion euros' ($4.7 billion) worth of battery cells from Chinese battery maker CATL over the next few years, with 1.5 billion euros' worth coming from the supplier's future plant in Erfurt, Germany.
BMW plans to source 4 billion euros' ($4.7 billion) worth of battery cells from Chinese battery maker CATL over the next few years, with 1.5 billion euros' worth coming from the supplier's future plant in Erfurt, Germany.
BMW's Plant Spartanburg in South Carolina is in the final phases of gearing up for production of the redesigned X5, which begins later this summer.
Nissan said it had improperly measured exhaust emissions and fuel economy for 19 vehicle models sold in Japan, the second case in less than a year where misconduct has been discovered in its inspection processes.
Nissan said it had improperly measured exhaust emissions and fuel economy for 19 vehicle models sold in Japan, the second case in less than a year where misconduct has been discovered in its inspection processes.
As automakers in Europe brace themselves for possible U.S. tariffs on their cars, Benoit Coeure, an executive board member at the European Central Bank, says the euro area must not lose its nerve over trade tensions with the U.S.
Faurecia and Parrot have finalised a proposal concerning the take-over of 100% of Parrot Automotive by Faurecia, ahead of schedule.
BMW Group makes cars that can accelerate to 100 kph in 3.4 seconds, but as Brexit approaches the German automaker is working on something far more mundane: teaching suppliers to fill out customs forms.
Ford Motor began production of the Ranger Raptor in Thailand at the beginning of July, with local deliveries set to start in August.
Japan's new vehicle market declined by 5% to 453,765 units in June compared with a strong 477,469 units a year earlier, according to registration data released by the Japan Automobile Manufacturers Association.
BMW Group Plant Dingolfing has begun series production of the new BMW 8 Series Coupe.
Devastating flash floods and landslides in Japan so far have left more than 90 fatalities and 50 people missing, and have prompted the evacuation of over 2m people from their homes. The natural disaster has also brought to a halt automotive production at a number of plants in the country, mainly in the western prefectures of Hiroshima, Kyoto and Yamaguchi, as well as in the nearby city of Osaka.
News
9 Jul, 2018
The practice took place at its plants in Japan, though there is no confirmation on number or type of vehicles involved
Industrial group OC Oerlikon has halted the share offering for its drives unit, which makes transmissions for supercar makers including Lamborghini and Ferrari. Oerlikon blamed adverse stock market conditions for its decision.
The UK will boost investment in EV infrastructure, including a 400-million-pound ($531 million) fund for companies that produce and install charging points, as it seeks to encourage consumers to move away from fuel-powered vehicles.
The UK will boost investment in EV infrastructure, including a 400-million-pound ($531 million) fund for companies that produce and install charging points, as it seeks to encourage consumers to move away from carbon-polluting vehicles.
This article was originally written on 6th July 2018, with the title 'Brexit's coming home' and primed for publication today, the 9th July. The title was based on two presumptions: (i) England would beat Sweden in the World Cup quarter final and (ii) the UK government cabinet would fail to agree on its negotiating position with the EU, thus making a 'hard' Brexit more likely. As we know, England delivered on Saturday, but the bigger shock was the UK government's 'Chequers statement' on Friday night. The prime minister Theresa May had seemingly quelled rebellion in the cabinet's ranks and engineered a path for a 'soft' Brexit for manufactured goods (a service sector agreement, covering 80% of the UK's economy comes later) via a Facilitated Customs Arrangement and a common rule book for manufactured goods. Now on Monday 9th July, even more unwanted uncertainty has been delivered following the resignation of Brexit minister David Davis from cabinet and the possibility of open warfare in the UK government.
News
9 Jul, 2018
New Government plans outline how new homes and street lighting will have to feature EV chargers
As new-vehicle sales slow, and many finance and insurance managers likely sell to a larger pool of used-vehicle buyers, wise dealers will look to FandI products for a profit boost.
With the current economy the last thing you need is for your vehicle to break down. Whether your driving a reliable car or a busted up