
Audi is planning to take steps to boost efficiency and lower costs on all operating levels, according to a senior company source, as the luxury carmaker struggles to raise output and profit margins.

Audi is planning to take steps to boost efficiency and lower costs on all operating levels, according to a senior company source, as the luxury carmaker struggles to raise output and profit margins.

Japanese electronics giant Panasonic and US electric vehicle maker Tesla Motors said Thursday they will jointly build and operate a huge lithium ion battery plant known as the Gigafactory.
In recent years, field inspectors in nine states have reported many rapidly corroding underground gasoline storage tank (UST) components such as sump pumps. These incidents are generally associated with use of gasoline-ethanol blends and the presence of bacteria, Acetobacter aceti, which convert ethanol to acetic acid, a component of vinegar. Corrosion can result in failures, leaks and contamination of groundwater, a source of drinking water.
Researchers at the Fraunhofer Institute for Integrated Systems and Device Technology IISB in Erlangen, Germany are pursuing an alternative approach to inductive (wireless) charging for electric vehicles.
Fiat shareholders will likely approve the automaker’s merger with Chrysler Group when they meet in Italy for the last time today.
Industry watchers expect Fiat to win the two-thirds majority vote needed for a merger that will create the world’s seventh largest automaker because its biggest shareholder, Exor, the holding company of Fiat’s founding family, owns an influential 30.04 percent stake.