Author: Google News Scanning

Renault’s Alpine Factory May Close For Good As Part Of Cost-Cutting Measures – Car Throttle

Renault’s €2 billion raft of savings measures reportedly could include the closure of the Dieppe factory responsible for the Alpine A110 Following a report which suggested the Nissan 370Z and GT-R could become casualties of cost-cutting measures, it’s emerged that a savings programme at partner company Renault could claim another sports car. The Financial Times… Continue reading Renault’s Alpine Factory May Close For Good As Part Of Cost-Cutting Measures – Car Throttle

Cobe designs “chamber of secrets” to develop Lynk & Co subscription car – Dezeen

Danish architecture studio Cobe has revealed its Uni3 design centre for Chinese car manufacturer Geely in Gothenburg, which will include a hidden laboratory for electric car brand Lynk & Co. Designed with a eye on corporate espionage, Cobe describes the development centre for Geely as a “chamber of secrets”. Set to be built on the… Continue reading Cobe designs “chamber of secrets” to develop Lynk & Co subscription car – Dezeen

Dyson finally unveils its cancelled electric car – Autoblog

Having famously killed off its electric car project back in October, Dyson’s automobile remained a mystery to most, with insiders telling Engadget that only a handful of engineers had seen a working prototype somewhere in Wiltshire. But yesterday, the company chose to finally show off its scrapped electric car for an interview about Sir James… Continue reading Dyson finally unveils its cancelled electric car – Autoblog

Nissan could introduce Renault production to UK Sunderland plant – AM

Nissan could accommodate production of Renault’s Captur and Kadjar SUVs at its UK plant in Sunderland as part of a shake-up of its European car manufacturing operations. Japanese financial newspaper, Nikkei Shimbun, reported that the carmaker may look to shut a plant in Barcelona and switch some of its production to Sunderland as it considers… Continue reading Nissan could introduce Renault production to UK Sunderland plant – AM

Waymo Adds $750 Million to War Chest as Driverless Cars Prove Tough to Deploy – The Wall Street Journal

In the world of driverless cars, the big keep getting bigger. Waymo LLC has raised a further $750 million, pushing the total outside investment the company has announced in the past two months to $3 billion and bolstering its financial war chest at a time when the coronavirus pandemic has created new uncertainty in the… Continue reading Waymo Adds $750 Million to War Chest as Driverless Cars Prove Tough to Deploy – The Wall Street Journal

Lyft Announces Private Offering of $650 million of Convertible Senior Notes and Capped Call to Increase Effective Conversion Premium to 150% – GlobeNewswire

SAN FRANCISCO, May 12, 2020 (GLOBE NEWSWIRE) — Lyft, Inc. (“Lyft”) (NASDAQ: LYFT) today announced its intention to offer, subject to market conditions and other factors, $650 million aggregate principal amount of Convertible Senior Notes due 2025 (the “notes”) in a private offering (the “offering”) to persons reasonably believed to be qualified institutional buyers pursuant… Continue reading Lyft Announces Private Offering of $650 million of Convertible Senior Notes and Capped Call to Increase Effective Conversion Premium to 150% – GlobeNewswire