NAV: AutoBeta Home > AutoBeta Popular content >

ongoing Learn more about ongoing

AutoBeta has retrieved the following content about ongoing for you across the entire web.

• 

  FF has received $225 million in debt and trust financing, and FF 91 has made "steady progress"

  Today, Faraday Future announced that it had received $225 million in debt and trust financing led by Birch Lake, a US commercial bank, and FF and its independent valuation advisers determined that FF's technology was worth $1.25 billion, including the overall value of intellectual property. FF said that testing of the pre-production car was ongoing and that the engineering team had made steady progress to finalize the delivery of the FF 91. With the support of Birch Lake, FF has established a multi-channel financing plan and expects to complete its equity financing plan in the early third quarter of this year, FF said.

  Sales volume USA 2019-04-30
• 

  Volkswagen streamlined brand structure, Bentley may become Audi sub-brand

  According to the German "Automobile Weekly" reported that Volkswagen CEO Herbert Dis (Herbert Diess) plans to make Bentley a subsidiary of Audi, Bentley will make more use of Audi's technology and platform in the future. Starting next year, Audi will oversee Bentley's technical and financial activities, according to sources. In the future, Bentley's product line may share more technology with Audi, including using Audi's ongoing Artemis technology project, which Audi is developing for future A8 models. Audi may use this technology to develop a pure electric car for Bentley. Deiss's goal is to streamline the masses.

  Volkswagen Bentley Audi 2020-10-26
• 

  It is revealed that BMW Group plans to cut 6000 jobs by 2022 in order to reduce costs.

  BMW plans to cut 5000 to 6000 employees by the end of 2022, mainly from its headquarters in Munich, Germany, as part of BMW's ongoing cost savings, according to Bloomberg, citing the German magazine Manager. Layoffs will be announced in December. In response to the report, BMW said, "We are using staff attrition to make the company more focused on the future and more efficient." At the same time, the company will continue to recruit talent in areas such as self-driving and electric cars. The decision is part of BMW's cost-cutting plan. In March this year, BMW Group launched 12 billion euros.

  BMW Group layoffs 2019-09-20
• 

  Daimler was fined $957 million for 684000 vehicles violating regulatory requirements for emissions fraud

  German prosecutors said on Tuesday that Daimler, the parent company of Mercedes-Benz, would be fined 870 million euros ($957 million) for violating regulatory requirements by selling about 684000 vehicles that did not comply with nitrogen oxide emissions. Prosecutors in Stuttgart, Germany, said the fine on Daimler had no impact on ongoing lawsuits involving individuals manipulating engine software used by some of Daimler's diesel cars. At the same time, Daimler said in a statement that the company will keep its profit forecast unchanged and will not take other legal action, a penalty that resolved Daimler Group in Germany.

  Daimler fined for emissions fraud 2019-09-25
• 

  General Motors employees went on strike and dozens of factories shut down production, more than 10,000 employees lost their jobs

  GM plans to cut thousands of jobs after its North American plant almost came to a standstill due to the failure of negotiations with the UAW. General Motors announced on Tuesday that it would suspend production at a plant in Mexico and cut 6000 jobs, foreign media reported. General Motors said the Mexican plant was unable to produce because of a shortage of parts caused by a strike in the United States. It is understood that the plant produces GM's high-margin Chevrolet Silverado and GMC Sierra 1500 pickup trucks. Affected by the ongoing General Motors strike, American workers.

  General Motors strike 2019-10-02
• 

  To prevent hostile takeovers, Daimler will seek 10 billion euro credit line support

  German carmaker Daimler is in contact with a number of banks to seek credit support of about 10 billion euros (78 billion yuan) to help it cope with the impact of COVID-19 's epidemic, foreign media reported on March 27. The negotiations are still ongoing and details are expected to be released next week, and Daimler has not commented on the report. One of the problems that Daimler's financial situation has been pressing to solve. In fact, the German carmaker's financial problems emerged last year. In November 2019, Daimler announced that it would be by the end of 2022.

  Daimler 2020-03-27
• 

  Daimler was fined 1 billion euros for "diesel door" fraud, and 280000 Mercedes-Benz were forcibly recalled.

  Prosecutors in Stuttgart, Germany, fined Daimler between 800m and 1 billion euros for violating diesel vehicle emissions regulations, according to foreign media reports. It is understood that the German Automobile Administration found that Mercedes-Benz C-Class and E-Class cars were equipped with deceptive emission testing software, which involved passing the exhaust test by software fraud, so Germany ordered the company to recall a total of 280000 Mercedes-Benz cars. In response to this report, a spokesman for the German prosecutor's office in Stuttgart said that the investigation would not be lifted before the end of the year. Daimler also declined to comment in the face of the diesel gate incident. ...

  Daimler 2019-08-10
• 

  Two sets a week! FF announces monthly delivery plan!

  Today, Faraday announced monthly delivery plans for the future, and officials said they planned to deliver five FF 91 2.0 Futurist Alliance in November. As part of its ongoing "delivery Co-creation Day" program, FF91 deliveries have increased from the last week of November to every

  Faraday Faraday official capital loss car owner model doctrine creator founder at the same time investment excellence single digit 2023-10-30
• 

  Fire! Geely plans to buy a stake in Aston Martin, officials responded

  Geely is in talks to invest in Aston Martin, a century-old British sports car brand, and has held talks with investors and management of the company, the Financial Times reported. Geely has also conducted due diligence on Aston Martin's finances. In response to the news, a spokesman for Aston Martin declined to comment on whether to negotiate with Geely, saying only that communication with potential investors was ongoing. An European spokesman for Geely also declined to comment. Geely officials responded to the media saying "no comment". However, on the morning of January 12, Yang Xueliang, vice president of Geely Automobile Group, was in Wei.

  Geely Aston Martin 2020-01-12
• 

  Ideal Motors downgrades its third quarter delivery forecast

  On September 20, ideal Automobile issued an announcement through its official website to adjust its delivery outlook for the third quarter of 2021. According to the announcement, due to the impact of the COVID-19 epidemic in Malaysia, the special chip factory used by the millimeter wave radar supplier of ideal car has seriously reduced production. And the recovery of chip supply was less than expected, and the company now expects 24500 vehicles to be delivered in the third quarter of 2021, down from its previous forecast of 25000-26000 vehicles. The company will continue to monitor ongoing market conditions and work closely with its supply chain partners to minimize the impact of chip shortages on production. ...

  Ideal car 2021-09-21
• 

  Jaguar Land Rover made a profit of 318 million pounds in the third quarter as sales in the Chinese market picked up.

  Jaguar Land Rover, a British luxury car company, reported a pre-tax profit of 318 million pounds ($414 million) in the third quarter of fiscal 2019, up 591 million pounds from a year earlier and a loss of 273 million pounds in the same period in 2018, according to the report. Revenue rose 2.8 per cent to 6.4 billion pounds, or about $8.3 billion. Jaguar Land Rover Global CEO Schweder said: "thanks to ongoing changes in business operations, Jaguar Land Rover continues to achieve both revenue and profit growth. Although the auto market as a whole still faces.

  Jaguar Land Rover 2020-01-31
• 

  Was sued by Audi for changing the name of ES7 European market to EL7?

  "Global business" is the major direction of the development of new forces and new energy car companies in China in recent years. As one of the new forces in domestic car building, Lulai announced its entry into the Norwegian market in May 2021. In September of the same year, ES8 was officially listed in Norway and started user delivery. In December, in Weilai NI

  Models Europe Audi cars markets Germany lawsuits trademarks products representatives systems global company power reasons 2022-10-07
• 

  Weilai online "only rent but not sell", Li Bin: vehicles will eventually become services

  On the evening of October 7, local time, NIO Berlin 2022 was held in Berlin, officially opening services in Germany, the Netherlands, Denmark and Sweden. It should be noted that different from the previous domestic car sales model, Lailai only launched "subscription" in the four European countries.

  Subscriptions models Europe markets users Audi models services litigation cars four countries different countries Germany systems 2022-10-08
• 

  Daimler issued a profit warning and expected a loss in the second quarter.

  According to foreign media reports, Daimler issued a profit warning and expects a loss in the second quarter, with a loss of 1.6 billion euros ($1.8 billion) before interest and tax. The company said that the increase in provision costs related to the Takata airbag recall is part of the reason, which will increase by about 1 billion euros. This is the third time that Daimler has cut its profit forecast since June. In June this year, the German Transport Ministry said Daimler was suspected of illegal emissions, installing illegal software in vehicles to manipulate emission tests. Germany has ordered Daimler to recall 60, 000 Mercedes-Benz diesel vehicles for the 2012-2015 Mercedes-Benz GLK22...

  Release Daimler 2019-07-15
• 

  Person familiar with the matter: the UAW Workers Union has reached an agreement with General Motors

  The workers' union (UAW), which has lasted nearly three weeks, has eased the GM strike and the two sides are close to reaching an agreement, leaving negotiations on salaries and pensions, according to people familiar with the matter quoted in the media. Since the strike broke out on September 16, the United Auto Workers Union (UAW) launched a nationwide strike of 49000 workers due to the failure to reach a consensus on employee posts, pay and benefits, which brought many GM plants to a standstill. According to people familiar with the matter, the two sides have agreed on most key issues, including health care reform.

  The UAW Workers Union has reached an agreement with General Motors 2019-10-06
• 

  Just to make FF! Jia Yueting officially resigned as CEO and became CPUO.

  On September 3rd, Faraday Future (FF) officially announced the appointment of Bi Fukang as global CEO to succeed Jia Yueting. Meanwhile, Jia Yueting, founder of FF, will resign from his former CEO position to become CPUO (chief product and user officer). In this regard, people related to FF said that Bi Fukang's experience in the field of automobiles and electric vehicles, plus Jia Yueting in the Internet, consumer electronics, A.I. And user operation vision and experience, will enable FF to achieve strong combination, complementary advantages, conducive to the long-term strategic development of FF. During this year's Shanghai Auto Show, Bi Fukang announced his departure from the car manufacturer Baiteng.

  Jia Yueting appointed officially 2019-09-03
• 

  Audi former CEO Steed has been sentenced!

  Rupert Stadler, the former head of Audi, was given a 21-month suspended sentence by a Munich court on June 27th, becoming the first former Volkswagen board member to be sentenced for an emissions scandal. It is understood that Steed needs to pay 1.1 million euros (about 8 yuan).

  Volkswagen Steed Audi Diesel scandal Automobile Group Chief US Market CEO Germany Investigations Euro 2023-06-28
• 

  The global purchasing director of BMW will be the CEO of Audi, the second to join the senior management of Volkswagen

  According to overseas media reports, Marcus Duzman, BMW's global head of procurement and suppliers, will become chief executive of Audi, a luxury brand owned by Volkswagen. It is reported that Dussman has submitted his resignation to the chairman of BMW and will not be able to renew his contract with the group for personal reasons. According to a person close to BMW, Dussman will officially take over as CEO of Audi from April 1 next year, and BMW's board of directors has also begun to discuss structural changes after Dusman leaves office. According to public information, Duzman, 50, was born as an engineer and joined the BMW set in 2007.

  Audi global BMW serves as 2019-09-16
• 

  The loss is nearly 4 billion dollars! General Motors and Ford lay off staff

  The United Auto Workers (UAW) strike that broke out on September 15th is still going on. According to foreign media reports, on October 3, Ford Motor Company will temporarily lay off 330 employees in Chicago and Ohio due to the strike of the United Auto Workers. In addition, GM is also affected by the strike.

  Cars strikes workers United States Ford giants factories federations Detroit production unions companies unions assembly plants influence 2023-10-03
• 

  Ideal ONE delivers 2 less radar vehicles! Free reloading for late arrival

  Today, according to the picture released by @ Star Channel, in order to reduce the impact of chip shortage on the delivery of new cars, ideal Motors has introduced a new delivery plan of delivering first and then reinstalling radar. Users who originally planned to pick up the car in October and November, because of the supply of millimeter wave radar chips, delivery experts will communicate with users one by one, and the original December pick-up users will not be affected. As can be seen from the content of the picture, the delivery plan: deliver three radar models with front 1 + rear 2-angle millimeter wave radar for users, and carry out free reinstallation for users before the Spring Festival from December to next year.

  Ideal ONE 2021-10-07