Reuters - Autoblog
Face coverings will be compulsory for passengers on buses, trains, aircraft and ferries in England from June 15, as public transport use rises following the relaxation of coronavirus restrictions, transport minister Grant Shapps said on Thursday. Britain's government has been reluctant to mandate the widespread use of face masks or coverings so far, but Shapps said the benefits were clearer on public transport, where social distancing is harder. "The evidence suggests that wearing face coverin
Motor racing's all-female W Series cancelled its 全民彩票 season on Thursday due to the COVID-19 pandemic but promised to return next year with at least two support races on the Formula One calendar. The series, which started last year, had been due to award points towards a Formula One superlicence for the first time. The cancellation will be a particular setback for Britain's inaugural champion Jamie Chadwick, who had hoped to defend her title and move a step closer to Formula One.
Germany said it will oblige all petrol stations to offer electric car charging as part of a sweeping 130 billion euro ($146.26 billion) economic recovery plan, boosting electric vehicle demand which has been hampered by consumer concerns over refuelling. Germany unveiled the incentives as part of a broader stimulus plan which included staggered taxes to penalise ownership of large polluting combustion-engined sports utility vehicles. Customers have been concerned about the limited operating r
British new car sales tumbled by an annual 89% in May, only slightly less negative than April's record 97% collapse, as car dealerships remained shuttered by the government's coronavirus lockdown, industry data showed on Thursday. New registrations of 20,247 units represented the weakest May for sales since 1952, the Society of Motor Manufacturers and Traders (SMMT). "Early reports suggest there is good business given the circumstances, although it is far too early to tell how demand will pan
General Motors Co is developing an electric van aimed at business users, joining a growing list of carmakers planning EVs for the same segment which includes customers such as Amazon.com Inc and United Parcel Service Inc, five people familiar with the plans told Reuters. GM's plan to develop an electric van has not previously been reported.
British luxury carmaker Aston Martin plans to shed up to 500 jobs as it seeks to bring its cost base into line with reduced sports car production levels, it said on Thursday. The job cuts come a week after Aston Martin confirmed that Tobias Moers, CEO of Mercedes-AMG, would become chief executive on August 1, replacing Andy Palmer. Aston Martin, famed for being fictional secret agent James Bond's car of choice, has seen its share price plummet since floating in October 2018.
Carbon dioxide emissions from new cars in Europe increased for a second consecutive year in 2018, according to data published by the European Union's environment agency on Wednesday, putting carmakers on a collision course with the bloc's climate goals. The EU's executive Commission urged carmakers to do more to cut their fleets' carbon footprint to meet tougher emissions targets coming into force this year, even as they grapple with a sales slump and disrupted supply chains due to the coronav
Fiat Chrysler is piloting a project in its historic Italian 全民彩票 of Turin to allow its hybrid plug-in cars to automatically switch to electric-only mode when entering congested city centres. The project, which aims to maximise the environmental benefits of hybrid cars, comes as Fiat Chrysler (FCA) rolls out its first alternative-engine models, trying to make up ground on rivals which already offer a range of full electric and hybrid vehicles in Europe. The project, named 'Turin Geofencing Lab'
"We are doing everything we can to help customers weather the economic impacts of this health crisis ... we also have an obligation to review our business practices in light of the economic uncertainty presented by COVID-19," the spokeswoman said in an email. Wells Fargo has let the majority of its independent dealership customers know that it will suspend accepting loan applications, the spokeswoman said, adding that the bank will continue doing business with customers with whom it has "deep,
The collapse of air travel has pushed big car rental companies to cancel orders for new vehicles, punching a hole in sales for nearly a dozen U.S. automakers' including the Big Three in Detroit. Hyundai Motor Co's U.S. sales arm said Tuesday that its sales to fleets, including rental companies, fell by 79% in May, while retail sales grew by 5%. Automakers could lose up to 12% of their annual U.S. vehicle sales in 全民彩票 as car rental companies slammed by the coronavirus pandemic slash fleets and
U.S. court: Individual counties can sue VW over diesel emissions; financial implications 'staggering'
The unanimous ruling by a three-judge panel of the 9th U.S. Circuit Court of Appeals, sitting in Anchorage, Alaska, was a victory for Utah's Salt Lake County and Florida's Hillsborough County. The counties sued Volkswagen for causing excess diesel emissions harmful to the environment and could in theory seek billions of dollars in damages. Volkswagen settled U.S. criminal and civil actions prompted by the cheating scandal for more than $20 billion, but that did not shield it from liability fro
Argo, founded in 2016 by Bryan Salesky and Peter Rander, is now jointly controlled by Volkswagen and Ford Motor Co , which made an initial investment in Argo shortly after it was founded. Details of the Volkswagen investment, which does not include an agreement to purchase $500 million worth of Argo stock from Ford, was announced last July.
Italian private-equity firm Investindustrial Advisors Ltd disclosed a stake of 14.99% in Aston Martin as of May 29, compared with its previous stake of 19.92%. It was not immediately clear why the fund cut its stake. Investindustrial is the company's second-biggest shareholder after Canadian billionaire Lawrence Stroll, according to Refinitiv Eikon data.
Chinese electric vehicle (EV) maker BYD Co Ltd , will supply EV batteries to U.S. automaker Ford Motor Co , a document on the website of the Ministry of Industry and Information Technology showed on Monday. Ford's China全民彩票 venture with Changan Automobile is seeking government approval to build a plug-in hybrid model equipped with BYD's batteries, according to the document. Shenzhen-based BYD, which is backed by U.S. investor Warren Buffett, said it would supp
Germany's Ministry of Economics has proposed a 5 billion euro (£4.5 billion) buyer bonus scheme as part of an impending stimulus package in an effort to boost car sales, two people close to the matter said on Sunday. Global car sales have slumped as production lines and showrooms shut in response to the coronavirus pandemic. The heads of the co-governing Social Democrats (SPD) and Angela Merkel's Christian Democrats (CDU) are expected to present the overall stimulus package on Tuesday, which c
The Jamaican bobsleigh team is used to training without snow, but the coronavirus lockdown has seen its male athletes resort to pushing a car around the streets of an English city to stay in shape, with an eye on Olympic qualification. "If you're able to do the same sort of training without the same equipment, then you should be able to achieve more with the right equipment," he said.
The option, which is already available in a handful of cities in Australia, Africa, Europe and the Middle East, will cost $50 per hour. Fares for regular Uber rides are generally based on the level of demand and the trip distance. Uber said it decided to expand the hourly feature to the U.S. after riders requested an option for extended trips during the pandemic to avoid exposure to different drivers and vehicles when taking multiple trips in a confined time period.
Renault acknowledged that its global ambitions had been unrealistic, announcing plans to cut about 15,000 jobs, shrink production and restructure French plants as it pressed the reset button and sought to banish the spectre of Carlos Ghosn. Faced with a slump in demand that has been exacerbated by the coronavirus pandemic, Renault detailed plans on Friday to find 2 billion euros ($2.22 billion) in savings over the next three years. "We thought too big in terms of sales," said interim Chief Exe
Renault will stay in Formula One, interim Chief Executive Coltilde Delbos said on Friday after announcing the carmaker's restructuring measures including plans to cut 15,000 jobs worldwide. Renault's F1 future had been uncertain given the financial pressures on the French car giant and a slump in demand due to the COVID-19 pandemic. Renault finished fifth overall last season.