VW to triple electrified car budget to €9bn over next five years

Volkswagen chief executive Matthias Müller suggested the world’s largest automaker is not too late to the electrical car party.

Mr Mueller, speaking at the Vienna Auto Display on Friday, said media got a little carried away with its “New Hammers Old” headlines after Tesla’s market value surpassed GM earlier this month. Continue reading

Volvo goes electrified, ditches cars powered solely by gas

HELSINKI (AP) — Volvo plans to build only electrified and hybrid vehicles embarking in 2019, making it the very first major automaker to abandon cars and SUVs powered solely by the internal combustion engine.

CEO Hakan Samuelsson said the budge was dictated by customer request. Continue reading

Volkswagen: The scandal explained

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    Traffic Information Service

    Leaving Belfast on the M2 PSNI advise of Oil spill from York Street to Junction five Templepatrick.

    Traffic has now eased across Belfast and elsewhere no unusual delays have been reported.

    For information on roads still affected by the flooding on Tuesday / Wednesday 22-23 August please click on the blue emergency news button to the left of the screen. Continue reading

    Top seven issues in UAW negotiations

    Bargaining talks inbetween automakers and the United Auto Workers officially begin in the coming days as they seek to negotiate a four-year contract for more than 135,000 hourly workers at General Motors Co., Ford Motor Co. and Fiat Chrysler Automobiles US.

    GM CEO Mary Barra, UAW President Dennis Williams and other company and union leaders will meet at eleven a.m. Continue reading

    Top five Facts: Car Financing

    Planning to finance your next fresh or used car purchase? Tread wisely because a misstep could cost you hundreds or even thousands of dollars. Don’t let the shiny paint and glittering chrome obscure your financial vision. Consider these five points.

    1) You’re Shopping for Two Things: A Car and Financing

    Continue reading