Your daily updates around automobile industry
BRUSSELS — Fiat Chrysler’s planned $50 billion merger, with PSA has hit a bump after EU regulators voiced concerns about the companies’ market share in small vans, indicating concessions may be required, sources said. FCA and PSA, which are seeking to create the world’s fourth biggest automaker, were told of the European Commission’s concerns last […]
What is the cause of bullwhips, and how does it effect the global automotive supply chain? What can suppliers do with Peels insight on the cause of bullwhips? Learn more in this week’s audio interview with Robert Peels, Managing Director of Netherlands-based Flostock. Based on the revolutionary modeling ideas that he developed while working as […]
ŠKODA AUTO DigiLab has played host to the global online ‘COVID-19 Mobility Race’ hackathon. The theme of this year’s ideas competition, which took place from 4 to 7 June 2020, set the tone: the event was dedicated to the current challenges facing the automotive industry as a result of the coronavirus pandemic. How can a […]
MUNICH — Volkswagen Group CEO Herbert Diess was stripped of his leadership of the automaker’s core VW brand after internal disputes, reports said. VW Group’s supervisory board on Monday named Ralf Brandstaetter as VW brand CEO, promoting him from his current role as the brand’s chief operating officer. Read full news on europe.autonews.com
As Elon Musk’s SpaceX tried to soar to new heights Wednesday, Tesla announced it would bring down its car prices. His electric vehicle and clean energy company reduced the price of the Model 3, Model S and Model X in North America, according to Tesla’s website. • The lowest-priced sedan, the Model 3, dropped $2,000 […]
Seventy years after the Mandilas Group berthed in the Nigerian market with the provision of a wide range of first-class internationally renowned products and services, the group has evolved over time and currently operates under two divisions namely – Mobility and Cooling. Between the 1950s when the company introduced the Volkswagen brand with distributorship links […]
With muted demand and excess capacities already in place, the auto component makers would have to cut down on their workforce in order to keep their businesses afloat, the industry body added. New Delhi: Auto component sector may see huge job losses if the automotive sector continues to face headwinds due to lack of demand […]
Uber is trialling a world-first feature called Uber Rent, which lets users hire a car through the app. The feature will first launch in Brisbane, but only for 50% of regular Uber users. Users get 10% of the cost back in Uber Credits on their first rental. Visit Business Insider Australia’s homepage for more stories. […]
Hyundai waves off its ‘cascading’ grille design for a bold, aggressive and premium new look. The new-look 2021 Hyundai Santa Fe has been unveiled today, following the release of two shadowy teaser images in May. As promised in those earlier photos, the updated Hyundai Santa Fe introduces a wide new grille design that tapers at […]
Vox Cinemas’ newest experience will open to the public on Sunday 17 May Dubai’s latest rooftop experience, developed in response to Covid-19, is a drive-in cinema at Mall of the Emirates. Following the closure of cinemas across the country, the new outdoor venue will offer movie fans an opportunity to experience the big screen once […]