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Continental says yes to EVs, no to diesels

While many automakers are getting a bit bullish about diesel cars in America (see Mercedes, Nissan and VW), a board member of parts supplier Continental AG told Handelsblatt (via Thompson Financial) that an overall downturn in diesel interest in the U.S. means his company is looking more toward electric cars than diesel-powered ones. Board member Karl-Heinz Neumann said, "Regarding diesel fuel, I'm more sceptical by now. There's not much happening in the U.S. The opportunities of the electrical car have surprised all of us." Neumann's stance ... Read more →

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