Ford confirms its desire to withdraw from its Blanquefort site in 2019

The 910 jobs at the Ford plant in Blanquefort (Gironde) are more than ever under threat. The US manufacturer has confirmed its intention to withdraw from the site in 2019 during a monitoring committee of the plant on March 9. “The current projections of production volumes are sound until 2019, which should allow the continuation… Continue reading Ford confirms its desire to withdraw from its Blanquefort site in 2019

VinFast announces designs for electric and internal combustion engine vehicles

VinFast announces designs for electric and internal combustion engine vehicles 03/10/2018 10:28 HÀ NỘI —  VinFast Manufacturing and Trading Company Limited has announced 36 global-standard designs, including 17 for its electric vehicles and 19 for internal combustion engine vehicles on Thursday. This is the first time that a Vietnamese company will produce electric vehicles, marking a… Continue reading VinFast announces designs for electric and internal combustion engine vehicles

Zenvo Automotive details the new TSR-S

Danish high-performance automotive company Zenvo has redesigned and reengineered its racetrack-bred TSR for optimal aerodynamic performance. Fitted with a 5.8-liter twin supercharged V8 powerplant, the TSR-S will develop 1,200ps Zenvo has introduced its new TSR-S at the Geneva Motor Show. The TSR-S, which features an innovative new active multi-axis centripetal wing and an in-house developed… Continue reading Zenvo Automotive details the new TSR-S

Sale carefully completed

Mobility Solutions is the largest Bosch Group business sector. According to preliminary figures, its 2017 sales came to 47.4 billion euros, or 61 percent of total group sales. This makes the Bosch Group one of the leading automotive suppliers. The Mobility Solutions business sector pursues a vision of mobility that is accident-free, emissions-free, and stress-free,… Continue reading Sale carefully completed

Update: Bird has raised $100 million to become the Uber of electric scooters

Update: Bird confirmed our reporting with an announcement of the close of the round. Index Ventures and Valor Ventures led the funding. “It feels like investing in Uber when it first launched.” That’s what one investor said of the hot new Santa Monica, Calif.-based startup, Bird — an electric scooter company that’s now in the… Continue reading Update: Bird has raised $100 million to become the Uber of electric scooters

Automakers and their allies call for more breaks in Trump tariff plan

WASHINGTON, March 9 (Reuters) – Global automakers and vehicle suppliers are pressing the Trump administration and U.S. Congress to exempt the European Union and other allies from new steel and aluminum tariffs set to take effect later this month, industry officials said on Friday. The proclamation President Donald Trump signed Thursday allows importers to seek… Continue reading Automakers and their allies call for more breaks in Trump tariff plan

GKN Seals $6.1 Billion Dana Autos Deal to Fend Off Melrose

U.K. engineer GKN Plc agreed to sell its automotive unit to U.S.-based Dana Inc. in a $6.1 billion transaction aimed at repelling a hostile takeover from investment group Melrose Industries Plc. GKN shareholders would get stock in the new group valued at $3.5 billion, plus $1.6 billion of cash, and Dana would assume $1 billion… Continue reading GKN Seals $6.1 Billion Dana Autos Deal to Fend Off Melrose

New, three-seat McLaren ‘Hyper-GT’ will have highest top speed of any McLaren yet – including the iconic F1

McLaren Automotive confirms at Geneva Motor Show that forthcoming ‘Hyper-GT’ will be capable of exceeding 243mph (391km/h) – the peak speed of the iconic McLaren F1 Next new model to join the Ultimate Series following the McLaren Senna features centrally-mounted driving position inspired by F1 road car Public reveal of petrol-electric hybrid ‘Hyper-GT’ before the… Continue reading New, three-seat McLaren ‘Hyper-GT’ will have highest top speed of any McLaren yet – including the iconic F1

Bird is raising $100 million to become the Uber of electric scooters

“It feels like investing in Uber when it first launched.” That’s what one investor said of the hot new Santa Monica, Calif.-based startup, Bird — an electric scooter company that’s now in the process of raising as much as $100 million on a $300 million valuation, according to several people with knowledge of the company’s… Continue reading Bird is raising $100 million to become the Uber of electric scooters

Renault creates 50 new jobs in Yonne

Renault’s Logistics and Parts Division (DLPA) on Thursday (March 8th) announced on its works council the recruitment of 50 people for its Villeroy logistics center in Fougères (Yonne). In total, in 2018, Renault will recruit 130 people on permanent contracts at its three logistics sites, Villeroy (Yonne), Cergy (Val-d’Oise) and Flins (Yvelines), which currently have… Continue reading Renault creates 50 new jobs in Yonne