English Press / Presse anglaise

Ally launches stock buyback, first dividend as public company

Automotive Business Review - 19 juill. 2016 - 19:03
Ally Financial, in another benchmark event during its long recovery from the Great Recession, said it is launching a stock buyback valued at up to $700 million along with its first dividend as a public company.

VW execs covered up diesel cheating, state lawsuits allege

Automotive Business Review - 19 juill. 2016 - 18:48
Senior VW executives including former CEO Martin Winterkorn covered up evidence that the German automaker cheated on U.S. diesel emissions tests for years, three U.S. states charged on Tuesday in civil lawsuits against the company.

VW execs covered up diesel cheating, N.Y. lawsuit alleges

Automotive Business Review - 19 juill. 2016 - 18:48
Senior executives at Volkswagen AG including its former CEO covered up evidence that the German automaker had cheated on U.S. diesel emissions tests for years, New York state charged on Tuesday in a civil lawsuit against the company.

Honda redraws Accord profile with fastback styling

Automotive Business Review - 19 juill. 2016 - 18:45
New spy photos signal the redesigned 2018 Honda Accord will have more of a fastback profile. The exterior, while heavily camouflaged, features a more swooping, sweeping design throughout the sedan, especially in the rear.

Why we shouldn't let the VW scandal kill diesel powertrains

Automotive Business Review - 19 juill. 2016 - 18:45
Volkswagen's travails aside, modern diesel engines such as Fiat Chrysler's 3.0-liter EcoDiesel V-6 still deserve a seat at the main table of automakers' fuel economy strategies.

Developers of Michigan self-driving car project to buy more than 300 acres

Automotive Business Review - 19 juill. 2016 - 18:35
Developers of the planned American Center for Mobility autonomous vehicle testing site plan to purchase more than 300 acres of the former Willow Run bomber factory for $1.2 million, the state said Monday.

Tesla Motors changes web address to Tesla.com

Automotive Business Review - 19 juill. 2016 - 18:23
Tesla Motors has changed its internet address from teslamotors.com to tesla.com, hinting at a possible company name change as part of CEO Elon Musk's latest and still undisclosed "master plan."

VW boss told of emission issue: NY prosecutor

Financial Times - 19 juill. 2016 - 16:30
Müller allegedly alerted to engineering challenges that led to use of defeat devices

Volvo cost-cutting delivers profits boost

Financial Times - 19 juill. 2016 - 14:13
Swedish truckmaker overcomes decline in North American market

Mahindra tests UK electric car market

Financial Times - 19 juill. 2016 - 13:23
Indian group hopes to move on from the derided G-Wiz with its new e2o hatchback

China Mulling More EV Incentives in Wake of Poor Sales

China car times - 2 avr. 2014 - 10:12

As electric vehicles sales remain weak, China is considering adding new measures to entice buyers into buying electric and plug-in hybrid vehicles.

It wasn’t long ago that the Chinese government backed away from its plan to gradually reduce EV subsidies (instead opting for much less steep reductions over the next few years). It now appears that the government intends to add more icing to the cake in the form of tax breaks. According to Ma Kai, Vice Premier in the State Council, the Chinese government is considering excepting all “new energy” vehicles from the 10% vehicle purchase tax that normally accompanies the purchase of a new vehicle. This tax cut would come in addition to efforts to further extend the subsidies beyond the Dec 31st end date. More details are due to be released in the coming months.

The 10% tax reduction certainly wont hurt the adoption of alternative energy vehicles in China, but likely will do little to spur demand either. China desperately needs a dramatic and well-publicized effort to roll out a comprehensive national network of charging stations if the government truly seeks to bring electric vehicles to the market in large numbers.

1 janv. 1970 - 02:00
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