• US sports investment group MSP Sports Capital acquires significant minority shareholding in McLaren Racing• Introduction of partner capital and expertise forms part of the Group’s ongoing strategy• Transaction values McLaren Racing at £560m post-money, and strengthens team’s long-term plan for regular Formula 1 championship contention• Reaffirms team’s position at the heart of McLaren Group… Continue reading @McLaren: MSP investment in F1 team
Category: Official Press Release
DENSO Produces Silicon Carbide Power Semiconductors for Fuel Cell Vehicles
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World NM: McLaren optimistic on prospects for Automotive, says Walsh000608
The McLaren Group is optimistic about the prospects for its luxury sportscar maker after the COVID-19 pandemic dealt a big hit to revenues this year, executive chairman Paul Walsh said on Sunday. Go to Source
December 10, 2020 ViaVan and Stadtbus Gütersloh GmbH launch new on-demand public transport service “Shuttle – Holt dich ab” expands access t…
December 10, 2020 ViaVan and Stadtbus Gütersloh GmbH launch new on-demand public transport service “Shuttle – Holt dich ab” expands access to affordable, efficient, convenient public transport in Gütersloh December 10, 2020 (GÜTERSLOH) — Book your ride, board your vehicle, and arrive at your destination– that’s how modern public transport works today. “Shuttle – Holt… Continue reading December 10, 2020 ViaVan and Stadtbus Gütersloh GmbH launch new on-demand public transport service “Shuttle – Holt dich ab” expands access t…
December 9, 2020 City of Salem launches the Salem Skipper: on-demand transit for residents, commuters New service will provide fast, easy, a…
December 9, 2020 City of Salem launches the Salem Skipper: on-demand transit for residents, commuters New service will provide fast, easy, affordable rides around Salem, Mass. December 9, 2020 (Salem, Mass.) — The City of Salem takes another step toward being a car-light community on December 16th with the launch of Salem Skipper, a fast,… Continue reading December 9, 2020 City of Salem launches the Salem Skipper: on-demand transit for residents, commuters New service will provide fast, easy, a…
World NM: Master Changan Motors unveils all-new Changan Alsvin000605
KARACHI-Master Changan Motors Limited unveiled the latest generation, Pakistan’s first Euro-5 Smart sedan car, the Changan Alsvin, at a press conference held in Karachi on Friday at a hotel. Alongside this, the car has 1.5 litres 5-speed Dual-Clutch Automatic Transmission (DCT); and at the top of the line, will be the luxurious “Lumiere” edition with… Continue reading World NM: Master Changan Motors unveils all-new Changan Alsvin000605
@Toyota: Toyota Moves Closer to Zero Emission Heavy-duty Fuel Cell Electric Truck Production
Toyota’s next generation fuel cell electric technology is powering a new fleet of heavy-duty trucks. The pre-production prototypes use the same fuel cell system as the forthcoming new Toyota Mirai saloon and are being prepared for testing on short-distance freight haulage (drayage) routes in the Ports of Los Angeles and Long Beach in California. The… Continue reading @Toyota: Toyota Moves Closer to Zero Emission Heavy-duty Fuel Cell Electric Truck Production
@FCA: 2021 Jeep® Wrangler 4xe Joins Toledo Assembly Family
December 11, 2020 , Auburn Hills, Mich. – FCA’s Toledo Assembly Complex this week launched production of the innovative 2021 Jeep® Wrangler 4xe plug-in hybrid. The most technologically advanced Wrangler ever delivers zero-emission open air driving on- and off-road, with up to 25 miles of electric-only range and nearly 400 miles of total range. Assembly of… Continue reading @FCA: 2021 Jeep® Wrangler 4xe Joins Toledo Assembly Family
Chief Executive Officer Louis Camilleri Retires for Personal Reasons; Executive Chairman John Elkann acting Chief Executive Officer
Maranello (Italy), 10 December 2020 – Ferrari N.V. (NYSE/MTA: RACE) (”Ferrari” or “the Company”) announces that Mr. Louis Camilleri communicated today to the Company his decision, for personal reasons, to retire with immediate effect from his role as the Company’s Chief Executive Officer and as member of the Board of Directors.Ferrari’s Executive Chairman, John Elkann,… Continue reading Chief Executive Officer Louis Camilleri Retires for Personal Reasons; Executive Chairman John Elkann acting Chief Executive Officer
World NM: A wild feud between VW and one of its suppliers led to a ‘spy hunt’, an apparent suicide, and now a $500 million lawsuit000603
Volkswagen’s legal department has been fighting one fire after another: For years, lawyers at the global corporation have been fighting waves of lawsuits from customers and investors as a result of the Dieselgate scandal. Lear and Adient are “Tier 1” suppliers, the largest in their industry, whereas Prevent was a “Tier 2” supplier in the… Continue reading World NM: A wild feud between VW and one of its suppliers led to a ‘spy hunt’, an apparent suicide, and now a $500 million lawsuit000603