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Audi to Launch 12 EVs by 2025
9/27/2018Audi AG plans to introduce 12 electric vehicles by 2025, starting with the all-new e-tron crossover early next year.
Renault to Use EV Batteries to Supplement Electric Grid
9/27/2018Renault SA plans to use new and used electric vehicle batteries to build stationary energy storage systems at three sites in Europe to supplement local electric grids.
Half of Americans Use Shared Services
9/27/2018About 54% of adults in the U.S. use some type of ride-hailing, home-sharing or streaming entertainment service on a regular basis, according to insurer Country Financial.
Toyota Readies Corporate Car-Sharing Tests in Europe
9/27/2018Toyota Motor Corp. plans to launch a car-sharing service for corporate customers in Copenhagen and Madrid next spring, The Nikkei reports.
Vehicle Output Falls Again in U.K.
9/27/2018Car production in the U.K. dropped 13% to 89,300 units in August, marking the third consecutive month of year-on-year shrinkage, the Society of Motor Manufacturers and Traders reports.
GAC to Reveal European Plans at Paris Auto Show
9/27/2018China’s Guangzhou Automobile Group Co. will use next week’s Paris auto show to unveil a new model and detail its plans to enter the European market.
BMW Taps Wendt to Head Purchasing and Supply Chain
9/27/2018BMW AG has promoted Andreas Wendt to oversee its supply chain and purchasing activities, effective Oct. 1. He succeeds Markus Duesmann, who quit in July to join Volkswagen AG.
Hennessey Targets Speed Record
9/26/2018Houston-based tuner Hennessey Performance Engineering says its next-generation Venom F5 supercar should easily top 300 mph, which would make it the fastest street legal car in the world.
Ford Tries Online Car Sales in U.K., Again
9/26/2018Ford Motor Co. is hoping for the third time to launch successful online sales in the U.K., its largest market in Europe.
Fed, Citing Strong Economy, Raises Interest Rates
9/26/2018As expected, the U.S. Federal Reserve increased its benchmark lending rate by 0.25 of a point to a range of 2%-2.25%.