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Lotus appoints former Jaguar Land Rover boss as new manager

Lotus has appointed Phil Popham, a former senior Jaguar Land Rover executive, as its new manager. Popham will serve as senior vice-president of commercial operations for Group Lotus and CEO of Lotus Sports Cars. He will report to Group Lotus chief executive Feng Qingfeng, a long-time executive of Geely, which now owns the Norfolk sports car… Continue reading Lotus appoints former Jaguar Land Rover boss as new manager

Peugeot’s DS brand adds mini-SUV to bolster rebounding sales

PARIS (Reuters) – French carmaker PSA Group unveiled an SUV version of its DS3 upscale mini as it builds on a sales rebound underway at the eight-year-old premium DS brand. Yves Bonnefont, CEO of DS Brand, poses in front of the new DS 3 Crossback SUV E-Tense electric car during a presentation at PSA’s DS… Continue reading Peugeot’s DS brand adds mini-SUV to bolster rebounding sales

UPDATE 2-GM to recall about 1.2 mln vehicles worldwide

(Reuters) – General Motors Co is recalling more than 1 million pickup trucks and sport utility vehicles in the United States due to issues with a temporary loss of power steering, the National Highway Traffic Safety Administration said. The GM logo is seen in Warren, Michigan, U.S. on October 26, 2015. REUTERS/Rebecca Cook/File Photo The… Continue reading UPDATE 2-GM to recall about 1.2 mln vehicles worldwide

GM recalls over 1M pickups, SUVs

Original Article

The surprise egg from Mercedes-Benz

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Brazilian startup Yellow raises $63M — the largest Series A ever for a Latin American startup

After selling their ridesharing startup, 99, to Didi Chuxing for $1 billion last year, Ariel Lambrecht and Renato Freitas didn’t waste any time throwing their hats back in the ring. Months after their big exit, the pair joined forces with Eduardo Musa, who spent two decades in the bicycle industry, to start another São Paulo-based mobility startup.… Continue reading Brazilian startup Yellow raises $63M — the largest Series A ever for a Latin American startup

Volkswagen’s Skoda unions object to renewed talks on production moves

PRAGUE: Trade unions at Volkswagen‘s Czech unit Skoda Auto on Thursday rejected any ideas of moving some of the production of its premium sedan model Superb to German plants. In a statement, the unions said discussions over the issue of shifting some production to VW’s Emden plant had started again within the parent company’s management.… Continue reading Volkswagen’s Skoda unions object to renewed talks on production moves

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