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Ducati Sale and Renk Sale Both in Doubt Through Lack of Boardroom Support

  •  Published by Pete Nisbet on   July 30, 2017  


The expected Ducati sale may be in doubt. Audi is selling Ducati, although Volkswagen ultimately owns Ducati through its ownership of Audi. Audi has been a Volkswagen brand since its purchase in 1965. Consequently, the sale cannot go through without the Volkswagen supervisory board agreeing to it. [...]

Diesel Alternative Being Sought: CNG May be the Fuel of the Future

  •  Published by Pete Nisbet on   July 23, 2017  


Car manufacturers are looking for a diesel alternative. Seat believes that CNG (compressed natural gas) could be the fuel of the future to replace diesel. Seat Chief Executive Luca de Meo stated on Saturday that compressed natural gas is potentially a genuinely valid alternative to diesel. Diesel ca [...]

Harley-Davidson Shares Drop 8% as Sales Forecast Slashed

  •  Published by Pete Nisbet on   July 19, 2017  


Harley-Davidson shares dropped around 8% in New York when it forecast considerably fewer sales this year than last. 2016 sales totaled 262,221 motorbikes. 2017 sales have been forecast at between 241,000 and 246,000. This is an indication of how demand for Harleys has been slowing over recent years. [...]

Electric Vehicles and the Oil Industry: Where Two Technologies Collide

  •  Published by Pete Nisbet on   July 15, 2017  


Electric vehicles are a threat to the oil industry. While not earth-shattering news, the oil industry appears have been slow in taking note. Sure, in the beginning electric cars were regarded as a novelty but nothing to worry too much about. However, they now present a long-term threat to oil produc [...]

Vauxhall Takeover by PSA Group Permitted by EU To Proceed

  •  Published by Pete Nisbet on   July 6, 2017  


The Vauxhall takeover by PSA Group, the French manufacturer of Citroën and Peugeot vehicles, has been permitted by the European Commission to proceed. The takeover will involve both Vauxhall and Opel vehicle manufacture. According to the European Commission, the takeover was approved “uncondition [...]

Ford Focus Production Moving to China – Mexico Production Plan Dropped

  •  Published by Pete Nisbet on   June 21, 2017  


Ford Focus production is moving to China. The Chinese economy is improving, and it has just been given a boost. Ford has announced that the production of the new Ford Focus car is to be moved to China in 2019. Ford had been under pressure to keep production in Michigan, but has refused to do so. Why [...]

Tesla Model 3 Launch Date Announced Amid Rising Tesla Shares

  •  Published by Pete Nisbet on   June 7, 2017  


A Tesla Model 3 launch date was alluded to at the company’s shareholders meeting Tuesday.  During that meeting, Tesla CEO Elon Musk stated that the first production Model 3 would be available next month.  Not only that, but Tesla shares are on the up, and they could continue rising indefinitely. [...]

The Chinese Car Industry Thrives While GM Closes a Shift

  •  Published by Pete Nisbet on   June 4, 2017  


The Chinese car industry is thriving while the GM Transmission plant in Warren, Michigan, is closing one of its two shifts.  Since November, GM has dropped shifts in Michigan and Ohio at the cost of 5,000 jobs. The recent cut will result in the loss of hundreds of jobs. [...]

Toyota Tesla Partnership Finished – Toyota Sells Last Tesla Shares

  •  Published by Pete Nisbet on   June 3, 2017  


The Toyota Tesla partnership ended Saturday when Toyota Motor Corp announced it has sold its last Tesla shares at the end of 2016. This brings to an end a partnership designed to develop electric vehicles and various components for them. Toyota had paid $50 for a stake of 3.15% in the California-bas [...]

German Car Exports to US: Trump Creates Tensions Between US and Germany

  •  Published by Pete Nisbet on   May 26, 2017  


The scale of German car exports to US has led President Trump to reignite tensions with Germany and the EU. While meeting with EU leaders during his international tour, President Donald Trump called the Germans “vey bad” and threatened to prevent Germany exporting cars to the USA.   D [...]