Ride-hailing company Uber is planning to kick off its initial public offering in April, putting it close on the heels of its smaller rival Lyft, people familiar with the matter said on Thursday.
CNBC. Thu, 14 Mar 2019 18:53 GMT.
VW is increasing by 50 percent the number of electric vehicles it plans to produce over the next decade with the goal to build 22 million battery electric vehicles, or BEVs, by 2029, up from a previous target of 15 million.
CNBC. Wed, 13 Mar 2019 12:00 GMT.
Japan's machinery orders fell in January at the fastest pace in four months as the U.S.-China tariff war hit global trade, knocking demand from the country's auto and telecommunications equipment manufacturing sectors lower.
Reuters. Tue, 12 Mar 2019 23:03:37 -0400.
Volkswagen will cut jobs as it speeds up the rollout of less labour-intensive electric cars and battles to reverse a slide in profit margins, the German carmaker said on Tuesday.
Reuters. Tue, 12 Mar 2019 11:29:26 -0400.
STOCKHOLM (DPA) - Carmaker Volvo Cars said Monday (March 4) it plans to introduce a speed limit of 180 kilometres per hour in cars it manufactures from 2020 onwards to enhance traffic safety.
Straits Times. Tue, 05 Mar 2019 01:37:02 +0800.