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Author Archives: Automotive World

ACEA: Cybersecurity measures announced by auto manufacturers

ACEA logo

In order to mitigate the risks of cyberattacks that come with the ever-increasing connectivity of motor vehicles, the European Automobile Manufacturers’ Association (ACEA) today published six key principles of automobile cybersecurity, which all its members endorse. “The digital world offers unprecedented opportunities,” stated ACEA Secretary General, Erik Jonnaert. “Nevertheless, opportunity ...

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Zipcar and Volkswagen Commercial Vehicles collaborate to fuel innovation in London

Volkswagen Transporters joins Zipvan fleet

New petrol-powered Volkswagen Transporters join 400+-strong Zipvan fleet Zipvan is part of Zipcar, the world’s leading car sharing network Ten Transporter TSI models available to London-based customers during 12-month pilot Volkswagen and Zipvan have collaborated to innovate with alternatively fuelled vehicles in the capital and help drive the market forward ...

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McLaren confirms its most track-concentrated road car yet

McLaren Ultimate Series

McLaren, the British creator of luxury sports and super cars, has confirmed that the next model to be introduced under its Track22 business plan will be an addition to the Ultimate Series. Its mission is to be the most extreme, track-concentrated road car McLaren has yet designed. To be publicly ...

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Breakthrough order of 50 Volvo hybrid buses to Singapore

Volvo 7900 hybrid

Volvo Buses has received an order for 50 Volvo hybrid buses to Singapore The Land Transport Authority of Singapore (LTA) has awarded Volvo Buses an order for 50 Volvo 7900 Hybrids in continuation of its efforts to build a more environmentally friendly public bus fleet. “Not only can commuters expect ...

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Dürr raising full-year guidance on order intake

Durr

Dürr has issued a more precise order intake and sales guidance for 2017. The target range for the Group’s order intake has been lifted from € 3.3 – 3.7 billion to € 3.6 – 3.8 billion. The Group is now looking for sales of € 3.5 – 3.6 billion in ...

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Appeal court decides on suit filed by Denso seeking retraction of tax authorities’ decision on reassessment of Denso’s profits under anti-tax haven rules

Denso logo

Denso Corporation received a notification from the Nagoya Regional Taxation Bureau on June 22, 2012 that Denso’s subsidiary in Singapore was not covered by the exemptions to the anti-tax haven rules, and thus Denso was required to amend its total reported taxable income for the two fiscal years ending in ...

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