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Automakers invest heavily in electric vehicles despite still-low demand

6 days ago DieselGasoil Comments Off on Automakers invest heavily in electric vehicles despite still-low demand
NEW YORK (Reuters) – Demand for electric vehicles remains low in the U.S. market, but industry executives at the New York auto show this week said they are pushing ahead with billions of dollars in investments even while preaching patience. FILE PHOTO: FILE PHOTO: A Rivian R1S All-Electric SUV is displayed at the 2019 New Read More

German ministry wants to extend electric car subsidies: document

6 days ago DieselGasoil Comments Off on German ministry wants to extend electric car subsidies: document
FILE PHOTO: Workers are seen behind e-Golf electric cars during assembly at the new production line of the Transparent Factory of German carmaker Volkswagen in Dresden, Germany March 30, 2017. REUTERS/Fabrizio Bensch BERLIN (Reuters) – Germany’s economy ministry wants to extend subsidies for new electric cars until the end of 2020 in an effort to Read More

Explainer: Betting on the past? Europe decides on connected car standards

6 days ago DieselGasoil Comments Off on Explainer: Betting on the past? Europe decides on connected car standards
FRANKFURT (Reuters) – The European Commission’s push to implement a Wi-Fi standard for connected cars has won the support of lawmakers in a victory for Germany’s Volkswagen, although competitor BMW and other backers of a rival technology still hope to overturn the decision. FILE PHOTO: The logo of Volkswagen in Berlin, Germany February 27, 2019. Read More

EU lawmakers back wifi-based car standard in win for Volkswagen

1 week ago DieselGasoil Comments Off on EU lawmakers back wifi-based car standard in win for Volkswagen
FILE PHOTO: The logo of Volkswagen in Berlin, Germany February 27, 2019. REUTERS/Fabrizio Bensch/File Photo BRUSSELS (Reuters) – The European Commission’s push for a wifi-based standard for cars backed by Volkswagen took a big step forward on Wednesday after EU lawmakers endorsed the move over 5G technology promoted by BMW and Qualcomm. The EU executive Read More

Toyota to sell first hybrid car made in Brazil

1 week ago DieselGasoil Comments Off on Toyota to sell first hybrid car made in Brazil
FILE PHOTO: A Toyota logo is displayed at the 89th Geneva International Motor Show in Geneva, Switzerland, March 5, 2019. REUTERS/Pierre Albouy/File Photo SAO PAULO (Reuters) – Japan’s Toyota Motor Corp said on Wednesday it will begin building a new version of the Corolla sedan in Brazil that will run on electricity, ethanol and gas, Read More

No-frills no longer: GM’s China brand Baojun attempts a major makeover

1 week ago DieselGasoil Comments Off on No-frills no longer: GM’s China brand Baojun attempts a major makeover
LIUZHOU, China/BEIJING (Reuters) – By many measures, General Motors’ China brand Baojun has been an exceptional success story, growing at breakneck speed by selling low-cost no-frills vehicles in smaller cities and rural areas. Employees work on Baojun RS-5 cars at a final assembly plant operated by General Motors Co and its local joint-venture partners in Read More

Carpenter dad drives DIY wooden car from Peru to NYC to fulfill promise to daughter

1 week ago DieselGasoil Comments Off on Carpenter dad drives DIY wooden car from Peru to NYC to fulfill promise to daughter
A Dominican carpenter who built a Volkswagen Beetle out of wood is attempting to drive the funky vehicle thousands of from Lima to New York to fulfil a promise he made to his daughter for her 15th birthday. Bienvenido Ortega, who has lived in Peru since 2010, completely transformed the 1970s beetle by covering it Read More

In South Korea’s struggling Kia Town, ‘bad jobs’ better than no jobs

1 week ago DieselGasoil Comments Off on In South Korea’s struggling Kia Town, ‘bad jobs’ better than no jobs
GWANGJU, South Korea (Reuters) – Park Byung-kyu once led Kia Motor’s union in the city of Gwangju, fighting for labor protections against the powerful, family-run chaebol that dominated the economy during South Korea’s rapid industrialization. FILE PHOTO: Members of Kia Motor’s union chant a slogan during a protest against the Gwangju joint-venture project, in Gwangju, Read More

German prosecutors charge former VW CEO Winterkorn with fraud

1 week ago DieselGasoil Comments Off on German prosecutors charge former VW CEO Winterkorn with fraud
FRANKFURT/BERLIN (Reuters) – German prosecutors charged former Volkswagen boss Martin Winterkorn with fraud on Monday over his role in the carmaker’s manipulation of diesel (gasoil) emissions testing, more than three years after the scandal came to light. The German case comes nearly a year after the United States filed criminal charges against Winterkorn, accusing him Read More

Volkswagen’s ex-boss charged with fraud in Dieselgate scandal

1 week ago DieselGasoil Comments Off on Volkswagen’s ex-boss charged with fraud in Dieselgate scandal
German prosecutors have brought charges against former Volkswagen (VW) Chief Executive Martin Winterkorn over his role in the diesel (gasoil) emissions-cheating scandal. Four other managers were also indicted in the case. They “are accused of multiple crimes realized in a single criminal action, especially a particularly serious case of fraud and an infraction of the Read More