Ford Romania announced that the plant in Craiova will reach a record daily assembly volume in 2020: over 1000 Puma and EcoSport units, so a car is produced every 67 seconds. The new Puma will be exported to Australia for […]
EU competition regulators approved a 53-million-euro Romanian plan to set up charging stations for electric vehicles. The program aims to set up a network of recharging stations throughout Romania for hybrid and battery-electric vehicles. It will cover urban, suburban and […]
AUTOMOTIVE TODAY, the integrated media platform powered by The Diplomat – Bucharest, dedicated exclusively to the automotive industry in Romania, organizes the 3rd edition of the annual Automotive Industry Forum & Awards for Excellence Gala to take place on November […]
Uber Technologies Inc moved forward by a year its target to achieve a measure of profitability to the fourth quarter of 2020, but the ride-hailing company still expects to lose a total of more than one billion USD this year. […]
Technology company Continental announced the construction of a new plant in New Braunfels in the US state of Texas. The purpose of the new building is to expand its capacity for the production of radar sensors. “Advanced driver assistance systems […]
Uber Technologies Inc has been allowed to restart testing its self-driving vehicles with a backup driver in California, almost two years after its autonomous car killed a pedestrian in Arizona. The California Department of Motor Vehicles issued a permit on […]
The European Commission recently approved 300 million Euro of additional state funding in Germany, which combined with previous state funding brings the total amount to 650 million Euro. Germany intends to use the funds to incentivize electric bus orders within two […]
Ford lost almost 1.7 billion USD in the fourth quarter after taking a big accounting hit from employee pension liabilities and retirement benefits, but the automaker made a modest profit for the year. Ford said its fourth-quarter earnings before interest and taxes […]
The UK government’s decision to bring forward a ban on sale of combustion engine cars, including hybrids, to 2035 has been sharply criticized by the country’s automakers association, the SMMT. Britain will ban the sale of new gasoline, diesel and […]
UPS announced its venture capital arm, UPS Ventures has completed a minority investment in Arrival, which makes electric vehicle (EV) platforms and purpose-built vehicles. Along with the investment in Arrival, UPS also announced a commitment to purchase 10,000 electric vehicles […]
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