CompositesWorld

electronics

Peugeot Unveils Retro-Styled Electric Coupe

PSA Group’s Peugeot unit’s e-Legend concept car combines an all-electronic powertrain and automated driving features with retro styling.

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Automotive

Renault Shows Autonomous Delivery Pods

Renault SA demonstrated its EZ-Pro autonomous vehicle concept at this week’s IAA commercial vehicle show in Hannover, Germany.    

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VW Denies U.S. Ambassador’s Role in Decision to Exit Iran

Volkswagen AG disputes the claim by U.S. Ambassador Richard Grenell that he led negotiations to convince the company to stop doing business in Iran.

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economics

Mercedes Extends Sales Lead in India’s Luxury-Car Market

Daimler AG’s Mercedes-Benz brand hiked sales in India by 12% to 8,100 units in the first half of 2018.

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Magna Sells Fluid Controls Unit to S. Korea’s Hanon Systems

Magna International Inc. has agreed to sell its Fluid Pressure and Controls operations to South Korea’s Hanon Systems for $1.2 billion.

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Investment Firm Buys British Classic Car Business

New York City-based HPS Investment Partners LLC has purchased JD Classics, a British restoration and racing specialist, out of receivership for an undisclosed price.

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hybrid

Polestar to Offer Subscription Plan in N. America

Polestar, Volvo Car Corp.’s electric performance sub-brand, says it will offer a subscription option for customers when it launches sales in North America in 2020.

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Aston Martin Teases New Hypercar

Aston Martin Lagonda Ltd. has released a sketch of the new hypercar it plans to launch in late 2021.

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Automotive

Regional Gov’t Challenges Frankfurt’s Diesel Ban

The German state government of Hesse plans to appeal a court ruling that empowered Frankfurt to impose a partial ban on older cars, Reuters reports.

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hybrid

VW Big on the Future

By 2022, according to Volkswagen Group, the company will have spent some 34-billion euro on developing capabilities and products for the future of transportation—which surely indicates that the future is only a few years from now.

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Manufacturing Marketer