Ford isn’t the only automaker to be burned by the fire at the plant of its supplier, which feeds parts to FCA and GM in addition to the Blue Oval. Bill Pugliano—Getty Images Last week, in Eaton Rapids, Michigan, a fire and explosion forced an evacuation of a Meridian Magnesium Products of America plant. The… Continue reading Ford Production Ills Infect Fiat-Chrysler, General Motors
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Elio Motors CEO reaffirms commitment to vehicle production in Shreveport
CADDO PARISH, LA (KSLA) – Paul Elio, the president and CEO of Elio Motors, was in downtown Shreveport Friday to reaffirm his commitment to bringing his company to Caddo Parish. Elio addressed concerns and fielded questions from his reporters about the stagnation of his company and when the public can expect vehicle production to begin.… Continue reading Elio Motors CEO reaffirms commitment to vehicle production in Shreveport
China’s Geely hires banks to float Volvo
China’s Geely hires banks to float Volvo Financial Times Chinese owner eyes Volvo Cars IPO, picks banks: source Reuters UK Full coverage Go to Source Go to Source
China’s Geely said to pick Citi, others for Volvo Cars IPO
May 10, 2018 Volvo Cars owner Zhejiang Geely Holding Group Co. has selected Citigroup Inc., Goldman Sachs Group Inc. and Morgan Stanley to advise on an initial public offering for the Swedish carmaker this year, according to people with knowledge of the matter. China’s Zhejiang Geely and Volvo have discussed valuing the Swedish automaker in… Continue reading China’s Geely said to pick Citi, others for Volvo Cars IPO
Audi A6 C7 And A7 Suspected Of AdBlue Tampering, Production Stops (Updated)
Audi has stopped production of its current A6 C7 model following accusations pointing to the presence of software written to manipulate emissions controls. According to Spiegel, both the A6 as well as the A7 Sportback TDI could be fitted with a previously unknown defeat device. If that proves to be true, more than 30,000 vehicles… Continue reading Audi A6 C7 And A7 Suspected Of AdBlue Tampering, Production Stops (Updated)
We Will Have To Thank Geely For The 2020 Lotus Esprit
Two new sports cars coming by the end of the decade. The days are happy at Lotus – the British sports car maker is now part of Chinese auto giant Geely’s family and is looking to the future with a lot of hope. Soon, we will see the first-ever crossover from the brand, based on… Continue reading We Will Have To Thank Geely For The 2020 Lotus Esprit
Fire at Mercedes-Benz supplier affects local production
By Jason Morton Staff Writer Explosions and a large fire at a parts supplier for Mercedes-Benz U.S. International has slowed production at the automobile manufacturing plant. The blaze broke out in the early morning hours of Wednesday at a manufacturing plant for Meridian Magnesium Products for America in Eaton Rapids, Michigan. In a letter to employees that… Continue reading Fire at Mercedes-Benz supplier affects local production
Chinese Electric-Car Startup Byton Adds LA Research Lab
The company already has a facility in Silicon Valley. Byton Chinese startup Byton is expanding its U.S. footprint as it works to get its first electric car into production. The company is adding a new research lab in Los Angeles, augmenting an existing facility in Silicon Valley. Byton’s “L.A. Future Lab” will focus on more… Continue reading Chinese Electric-Car Startup Byton Adds LA Research Lab
Chinese EV startup Xiaopeng Motors plans to raise $1.6B this year
If you haven’t already picked your bracket-leading Chinese-backed electric vehicle startup that plans to challenge Tesla, you’ve got your work cut out for you. This list keeps growing. If you haven’t included Xiaopeng Motors (A.K.A. Xpeng Motors) to your short list, the up-and-comer has 1.6 billion reasons you should. XPeng, which is backed by Internet… Continue reading Chinese EV startup Xiaopeng Motors plans to raise $1.6B this year
SF Motors set sights on EV mass production with latest R&D testing facility
By Christian Prenzler Posted on April 25, 2018 Santa Clara based electric vehicle startup SF Motors is opening up a new full-scale R&D center in Silicon Valley. SF Motors was founded in January 2016 after a large investment from Sokon Motors, a large Chinese automotive company. The company’s new 130,000 sqft research and development facility… Continue reading SF Motors set sights on EV mass production with latest R&D testing facility