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Boss Ralf Speth plans to grow in business and to have a steady place in automotive industry, rather than enjoying the sales volumes as their German competitors do. “We won’t sell millions, or be high street,” he said about Jaguar Land Rover, which has multiplied its annual car sales to almost half a million since Tata took over the company in 2008. Speth pointed out that BMW sold more in the last period than JLR will in the whole year of 2015. So they still had to compete on a global basis.Speth takes as a target the CO2 vehicles. But before this JLR expands its products...
Volkswagen sold fewer vehicles in October, but still more than anybody else in Europe.The VW statistics:Seat car sales declined 11.2%Skoda car sales declined 2.9%Volkswagen lost 0.8%Audi cars sales grew with 3.5%Porsche sales grew with 13.3%The German automaker's sales volume dropped with 0.8% in October and now makes up 25.2% of all cars sold on the continent. Before the scandal broke, that figure stood at 26.1 per cent.Across all brands, 1.14 million vehicles were sold in Europe in October. That's an increase of 2.7% from September's level.German luxury carmakers BMW and Daimler ...
The Cambridge University proposes to use a new type of batteries - Lithium-oxygen. Cambridge University scientists are working on creating a new type of batteries - Lithium-oxygen. New batteries will significantly increase the cruising range of electric vehicles, and thus will be more profitable to their lithium-ion analogues, according to Financial Times.It is not a secret that the power-reserve is a key for electric vehicles. And, despite of this fact most motorists prefer to buy a car that runs on traditional fuels - gasoline and diesel. However, the invention of scientists from Cambri...
German manufacturer Volkswagen has presented its financial results for the third quarter. This is for the first time when one of the largest automaker in the world after the "diesel scandal" has declared its financial report.The operating loss of Volkswagen in the third quarter amounted to 3.48 billion euros against a profit of 3.23 billion euros in the same period last year. The index exceeded the forecasts of analysts, who had expected that it will be 3.3 billion euros. The loss was the result of "diesel scandal", causing the concern to put aside 6.7 billion eur...
The Quebec government is ready to spend more than $420 million in 2020 just to promote and to sell hundred thousand units of electric and hybrid vehicles annually. “Transportation electrification represents a way for Quebec to set itself apart by promoting important values such as respect for the environment, collaboration and knowledge as well as the desire to enhance the public’s prosperity and well-being,” the province’s Ministry of Transport says in Propelling Quebec Forward with Electricity, a document that lays out the program.As they already planned the char...
