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GM, FCA as Source of Tesla's Cash from Emissions Credits PDF Print E-mail
Monday, 10 June 2019

For years, Tesla have profited by selling emissions credits to other carmakers who need to offset sales of fuel-inefficient vehicles to U.S. consumers. These sorts of transactions have largely been shrouded in secrecy, but no longer.

Regulatory credits

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Renault-FCA Merger Talks Fall Through PDF Print E-mail
Monday, 10 June 2019

Fiat Chrysler abruptly withdrew a proposal to merge with Renault, shocking many in and around the auto industry who fully expected the deal to go through. Nevertheless, both sides are speaking carefully now, in tones that at least hint at prospects for

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BMW, JLR in EV Parts Pact PDF Print E-mail
Monday, 10 June 2019

BMW will develop their next-generation electric motors, transmissions, and power electronics with Jaguar Land Rover, unveiling yet another industry alliance designed to lower the costs of developing electric cars.

"Together, we have the opportunity

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More Details on VW's Next Golf PDF Print E-mail
Monday, 03 June 2019

Compared to its predecessor, the Golf 8's cabin has a completely different layout , with a central screen that tries to merge with the digital gauges and a radical reduction of physical buttons. The lower side of the dashboard incorporates the slim air vents, separated

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Ford Award to Varroc Lighting Systems PDF Print E-mail
Monday, 03 June 2019

Varroc Lighting Systems was recognized as a top-performing global supplier at the 21st annual Ford World Excellence Awards. President and CEO Stephane Vedie accepted the Silver Award from Hau Thai-Tang.

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Renault’s Board of Directors has decided to study with FCA the potential 50/50 merger PDF Print E-mail
Tuesday, 28 May 2019

Renault's Board of Directors met yesterday, Monday 27 May, to examine the proposal received from FCA (Fiat Chrysler Automobiles) regarding a potential 50/50 merger between

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Daimler CEO Zetsche Passes the Reins PDF Print E-mail
Sunday, 26 May 2019

Daimler CEO Dieter Zetsche has given way to his successor after 13 years at the helm as the automaker face challenges in the transition to electric cars and digital transportation technologies.

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Ford Job Cuts Loom PDF Print E-mail
Sunday, 26 May 2019

Ford CEO Jim Hackett told employees last week that by this September 7,000 salaried positions will have been eliminated globally—roughly 10% of Ford's salaried work force—saving the company USD $600m annually.

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BMW's Harald Krüger Sings Shareholder Praises in Munich PDF Print E-mail
Monday, 20 May 2019

Extract from the conference to the stakeholders

"Earning of €9.8bn is the second-highest Group earnings in our history. Our Group EBT margin was above 10%, and we invested almost €6.9bn in R&D.

"You are passionate about everything you do. You create

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German R&D Centre for Geely PDF Print E-mail
Monday, 20 May 2019

Geely Auto Group, who claim to be China's leading privately-owned automotive company, have opened a research and development facility at Raunheim, Germany. They say their intent is to accelerate innovation in new propulsion systems and next-generation

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Nissan Resisting Renewed Renault Merger Efforts PDF Print E-mail
Monday, 20 May 2019

Nissan are opposing renewed efforts by alliance partner Renault to merge under a holding company because such a structure will not help turn the Japanese automaker around. Talks have been ongoing since Renault Chairman Jean-Dominique Senard first made

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