BMW, Daimler Seek Big Shared-Platform Savings
BMW and Daimler are talking about coöperatively developing vehicle platforms for electric cars—an idea that could save each automaker at least €7bn.
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BMW and Daimler are talking about coöperatively developing vehicle platforms for electric cars—an idea that could save each automaker at least €7bn.
The Peugeot family would support a new acquisition if an opportunity presented itself, Robert Peugeot, the president of Peugeot family holding company FFP told French daily Les Echos.
The BMW Group are reorganising their Board of Management to create a structure they say will be leaner and more future-orientated. From this coming 1 April, the BMW, MINI and Rolls-Royce automotive brands will be part of a new central
Ford plan to cut more than 5,000 jobs in Germany and will reduce their workforce in Britain as they seek a return to profitability in Europe. The company say they have offered voluntary buyouts for employees in Germany and Britain.
Geneva Motor Show report Published 19th March, 2019Avai…
The Geneva International Motor Show, unlike the big auto shows in Detroit and Los Angeles two months ago, had a great many concept cars on display. On top of that, the pre-production prototypes and newly-unveiled production cars are themselves dream cars, bristling with levels of technology and capability well outside yesterday’s bounds of practicability. This year’s show was set in motion by the Car of the Year award, won by the Jaguar I-Pace.
Overall, we retain six salient points from the show:
from Milwaukee Business Journal
Cree is selling its entire lighting division, including its plant in Racine, to Illinois-based Ideal Industries in a $310 million deal.
According to a securities filing, the deal has already been approved by the boards of both companies.
Alfa Romeo joined the electric car world at the 2019 Geneva International Motor Show with their new Tonale compact SUV concept—the first plug-in hybrid and the first compact utility vehicle under the Alfa Romeo brand. Alfa say the goal of the Tonale
Kia showed off their new all-electric concept car, called the Imagine, at the 2019 Geneva International Motor Show.
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Reinterpreting Kia’s iconic “tiger nose” grille, the Imagine has a new illuminated “tiger mask” that encircles the main LED headlamp units.
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