Vietnamese logistics startup EcoTruck secures $1.7m pre-Series A funding

September 19, 2018 Ho Chi Minh City-based logistics startup EcoTruck has raised a $1.7 million pre-Series A funding from South Korean and Vietnamese investors, an executive with the company confirmed to DEALSTREETASIA. Backers include Access Ventures, Nextrans and FuturePlay from Korea, and Viet Capital Ventures – a newly established Vietnamese firm associated with IDG Ventures… Continue reading Vietnamese logistics startup EcoTruck secures $1.7m pre-Series A funding

Revolution Racecars to launch new track-only model

Revolution Racecars, a new British maker headed by the co-founder of Radical Sportscars, will be launching a lightweight, track-only model later this year.  Called ‘The Revolution’, the two-seater is described as “an all-new track and race car conceived, designed, developed and built by racers for racers”. It will bring LMP (Le Mans Prototype) technology and safety… Continue reading Revolution Racecars to launch new track-only model

Aston Martin DBS GT Zagato and DB4 GT Zagato Continuation announced

Aston Martin will team up with Italian design house Zagato once again – and this time for one of its most exclusive collaborations yet. In celebration of its centenary in 2019 Zagato will work with the British brand to produce two cars: the all-new DBS GT Zagato and the DB4 GT Zagato Continuation.  The former… Continue reading Aston Martin DBS GT Zagato and DB4 GT Zagato Continuation announced

Google Maps works with Apple CarPlay following iOS 12 update

Engadget We’ve known since WWDC in June that iOS 12 would herald the arrival of Google Maps on CarPlay. Apple released the latest version of the iPhone and iPad software Monday, and after Google updated its app to support CarPlay, you can now use that navigation option on your car’s infotainment system. Waze was also… Continue reading Google Maps works with Apple CarPlay following iOS 12 update

Seat to launch two electric models by 2020

Seat will launch two electric models within the next three years, including one bespoke machine built on the Volkswagen Group’s MEB decided electric architecture. Speaking at the launch of the Tarraco SUV, which completes the first wave of the firm’s model offensive, the firm’s technical boss, Matthias Rabe, said that Seat is set to introduce… Continue reading Seat to launch two electric models by 2020

New limited edition Ferrari Monza SP1 and SP2 models revealed

Ferrari has unveiled two new limited edition vehicles, the Monza SP1 and SP2. They are the first models to be launched under the Italian firm’s new ‘Icona’ line-up, which will celebrate some of Ferrari’s most famous models. • Best supercars currently on sale Both the SP1 and SP2 are a nod to Ferrari’s racing Barchettas… Continue reading New limited edition Ferrari Monza SP1 and SP2 models revealed

Ferrari plans 15 new models, SUV to deliver earnings growth

MARANELLO, Italy (Reuters) – Ferrari (RACE.MI) plans 15 new models, including hybrids, a utility vehicle and special editions in its drive to hit a softened but still exacting mid-term earnings target. The Italian supercar maker on Tuesday shifted to an adjusted core earnings forecast range of 1.8-2.0 billion euros ($2.1-2.3 billion) by 2022, rather than… Continue reading Ferrari plans 15 new models, SUV to deliver earnings growth

UPDATE 1-Audi launches electric SUV in Tesla’s backyard, with assist from Amazon

SAN FRANCISCO (Reuters) – German luxury car brand Audi on Monday staged the global launch of a new electric sport utility vehicle on the home turf of rival Tesla Inc (TSLA.O), and highlighted a deal with Amazon.com Inc (AMZN.O) to make recharging its forthcoming e-tron models easier. The Audi e-tron midsize SUV will be offered… Continue reading UPDATE 1-Audi launches electric SUV in Tesla’s backyard, with assist from Amazon

Car manufacturer: Opel plans short-time work in the Eisenach plant

Opel plant in Eisenach The traditional carmaker suffers again from weak demand. (Photo: AP) Rüsselsheim, Eisenach Due to weak demand, the car maker plans Opel in his Eisenacher plant for October on a larger scale short-time work. According to information from the Mainzer publishing group VRM, the employees of both shifts will only need 8… Continue reading Car manufacturer: Opel plans short-time work in the Eisenach plant