Global carmakers as diverse as Japan’s Nissan, Germany’s Mercedes Benz-maker Daimler, and British-based Aston Martin, in new warnings about sales slowdowns, showed the huge challenges facing the industry as they try to buy time to invest in the new generation of electric and self-driving cars.
Ireland is set to be included, by 2019, in the rollout of a network of fast-charging stations for electric cars being planned for European motorways by a new joint-venture comprising Volkswagen, BMW, Ford, and Mercedes-Benz owner Daimler.
WE all too easily blame fate for the misfortunes that afflict us. Fate is a convenient catchall that hides behind the fatalism underpinning the Calvinists’ Westminster Confession of Faith which declares that our lives are “freely and unchangeably ordained whatsoever comes to pass”.
Things are not good right now in the German motor industry and last week’s announcement by Audi that they were recalling some 850,000 cars to update the software in Euro 5 and 6 engines, was indicative of how much a mess the likes of Mercedes, Audi and VW find themselves in right now.
German luxury car manufacturer Daimler has raised its forecasts, predicting a significant rise in operating profit this year after a surge in sales of Mercedes-Benz luxury cars and sports utility vehicles, boosted by the launch of new models.