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Daimler AG Board approves Project Future corporate restructure; goes to shareholders in 2019

Green Car Congress

The Board of Management and Supervisory Board of Daimler AG has approved a new corporate structure for Daimler AG. The new structure comprises three legally independent entities—Mercedes-Benz AG, Daimler Truck AG and Daimler Mobility AG—under the umbrella of Daimler AG.

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BMW Group Launches car sharing service “ReachNow” in Seattle

Green Car Congress

Following a successful pilot program, BMW Group has launched ReachNow, a free-floating premium car sharing service, in Seattle. ReachNow is designed to provide drivers with an experience that is as convenient as owning a car. Car sharing for longer rentals. Car sharing for residential and corporate groups.

Seattle 150
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Study concludes that automakers tweak vehicle fuel economy to qualify for more favorable treatment; focus on car notches

Green Car Congress

In their study, Slemrod and Sallee focus on “car notches”—where small changes in behavior lead to large changes in tax liability or the amount of a subsidy—in policies intended to encourage the production and use of fuel-efficient vehicles. For example, a car with an 18.5 mpg and 22.4 mpg and 22.4

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Polaris to buy Global Electric Motorcars LLC (GEM) from Chrysler

Green Car Congress

GEM cars are used by local, state and national government agencies, resorts, master-planned communities, universities, medical and corporate campuses, as well as by sports teams, taxi-shuttle services and individual consumers. The six GEM passenger and utility models are legal on most streets with posted speeds of 35 mph or less.

Chrysler 236
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DOE Turns Down V-Vehicle Loan Applications

Green Car Congress

The DOE conducted an extensive technical, market, financial, regulatory, credit and legal analysis following its determination that the applications were substantially complete in May 2009. The first production prototype of the V Car is in testing and the projected national on-sale date was planned for the fourth quarter 2011.

San Diego 186
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Advocating electric in the heartland

Electric Auto Association

You buy your own solar panels, you power your house and your car, and the utility wants to get paid for your doing that.” With the support of the Sierra Club and other organizations, the ordinance was challenged legally and eventually landed in the Kansas Supreme Court where it was ruled illegal last April. “It

Kansas 98
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Lordstown Motors Goes Bust

The Truth About Cars

The lawsuit against Foxconn was already known of, as Lordstown issued an announcement earlier in the month stating that the Taiwanese firm had failed to adhere to its part of their corporate agreement. “As Lordstown, Ohio, always had a lot riding on the factory being a success and things appear to be imploding.

Motor 105