Thursday 28 July 2016

Daimler Buses unveils autonomous city bus

Daimler Buses, the world’s biggest bus manufacturer, has unveiled its autonomously driving city bus of the future, which recently drove for the first time on a route of about 20 km in Amsterdam, The Netherlands. On a section of the longest bus rapid transit (BRT) line in Eu


CEO says Audi plans three electric car models by 2020

Audi aims to have three electric car models by 2020 and for electric vehicles to account for 25 to 30 per cent of its sales by 2025, chief executive Rupert Stadler told a German newspaper. Audi's electric cars push, reported by Reuters earlier this week, is part of a strategi


Dubai to promote use of hybrid vehicles

The Dubai Supreme Council of Energy has adopted a strategy to achieve sustainable development to create a low-carbon economy and promote the use of hybrid cars and electric vehicles. Between 2016 and 2020, 2 per cent of all cars purchased will be either electric or hybrid vehicle


Fiat Chrysler recalling 410,000 vehicles

Fiat Chrysler Automobiles NV said on Friday it is recalling nearly 410,000 vehicles worldwide because of a defect that can lead to a loss of propulsion. The automaker said it will update software and replace wire harnesses to address the electronic issue that appears in a small n


GM raises full-year forecast after strong second-quarter profit

General Motors Co on Thursday raised its forecast for full-year profits after reporting a record second-quarter profit as it continued to capitalise on strong sales of pickup trucks and sport utility vehicles in the US. The earnings handily beat Wall Street expectations, sending


VW profit tops forecast, but takes another dieselgate hit

Volkswagen said cost cutting and rising European car sales helped it to beat first-half underlying profit forecasts, though it set aside another €2.2 billion euros ($2.4 billion) to cover costs related to its "dieselgate" emissions scandal. Europe's biggest car


Hyundai plans standalone store for luxury brand

Hyundai Motor on Thursday said it plans to open its first dedicated store for its Genesis luxury car line near Seoul later this year, as the South Korean automaker looks to build a separate identity for the brand. Hyundai Motor, best known as a value automaker, launched Genesis a


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