Monthly Archives: November 2014

Audi building geothermal plant for factory in Gyor, Hungary

Audi building geothermal plant for factory in Gyor, Hungary

Audi is building a geothermal plant in Pér, close to the Audi Hungaria factory in Gyor. After going into operation in just over a year, it will supply the company with at least 82,000 megawatt hours of geothermal energy per year and will cover about 60% of total heat requirements.

Volvo AB Makes €400 Million Provision for EU Antitrust Probe

Volvo Bussar AB - Volvo AB Makes €400 Million Provision for EU Antitrust Probe

By Dorothee Tschampa

Volvo AB, the world’s second-largest truckmaker, made a provision of  €400 million ($497 million) after evaluating a European Commission statement on alleged antitrust breaches.

Tesla Grabs Ricardo Reyes, a New (Old) Spokesman From Square

Ricardo Reyes - Tesla Grabs Ricardo Reyes, a New (Old) Spokesman From Square

By Ashlee Vance

Tesla has turned to a familiar face to revive its communications operations. On Monday the company sent out an internal memo naming Ricardo Reyes as its communications chief.

PSA launches Citroen C3-XR, 4th Chinese-built SUV

PSA/Peugeot-Citroen has launched sales of its fourth Chinese-built SUV, the Citroen C3-XR, in the world’s biggest auto market.

2016 Maybach S600 set to rival Rolls-Royce and Bentley

Maybach name is back after the Daimler’s CEO Dieter Zetsche announced in 2011, that the Maybach-brand will cease to exist in 2012 and the name “Maybach” would not be used anymore.