Focus on automotive: Industry
__
-
04/25/2019Chinese startup Aiways will not use a dealership network to sell cars in Europe and the United States. Instead the automaker will market its U5 midsize full-electric SUV through leasing contracts it will manage itself. Aiways plans to launch the U5 in Europe early next year, followed by the United States at the end of 2020. «We think we could... -
04/25/2019Škoda is the first brand to announce a world premiere for China's next major motor show, which takes place in June. Not much is known about the Škoda SUV concept, only that its name is Vision GT. Rather than being a design study, this vehicle is more likely to be a prototype and a preview of the Kamiq GT, a special SUV for the Chinese market.... -
04/25/2019Waymo said it has reached an agreement with American Axle Manufacturing to lease a factory in Detroit, where it will integrate its self-driving systems onto vehicles provided by Fiat Chrysler Automobiles and Jaguar. Waymo will invest $13.6 million to adapt a plant within the supplier's Holbrook Avenue campus and says it could eventually grow to... -
04/25/2019Ford of Europe says that its coming broader range of hybrid models will permit it to comply with stricter European Union emissions targets set for 2020-21 without the risk of paying fines. Many other automakers — led by the region’s largest player, the Volkswagen Group — are preparing an offensive of battery-powered vehicles that comply to meet... -
04/24/2019Declaring that a pure electric vehicle is necessary for China and Europe, Lexus International President Yoshihiro Sawa said that the brand is working on its first EV. But exactly what it will be and when it will appear, the Toyota marque is still trying to figure out. «Definitely here we need an EV in the future, but I cannot say when or how» ... -
04/24/2019Toyota would build a hybrid version of the Corolla sedan in Brazil that will run on electricity, ethanol and petrol, claiming it would be the first hybrid flex vehicle in the world. The car would be produced in Indaiatuba plant on São Paulo state, on which Toyota will spend BRL 1bn (about US $255m). Toyota said in a statement it made the... -
04/20/2019Cadillac is enjoying strong growth in China, prompting plans to add hundreds of new stores, executives of U.S. automaker said at a conference on Wednesday at New York Auto Show. Cadillac President Steve Carlisle said that Cadillac would expand its network of dealers to 500 in China by 2025. The company will launch a new product every 6 months for...