Gumpert reveals methanol-fuelled Nathalie in production form

Chinese firm Gumpert Aiways, led by renowned ex-Audi engineer Roland Gumpert and backed by Chinese EV startup Airways, has revealed the production version of its long-awaited Nathalie methanol-fuel-cell sports EV.  The first models to be sold will be specified in €407,000 (£353,520) First Edition guise, which wears a bespoke paint scheme and is set to begin… Continue reading Gumpert reveals methanol-fuelled Nathalie in production form

New Fiat 500e: technical details of electric city car leaked

Technical details of the new city car have also surfaced. According to Automotive News Europe, which cites unnamed Italian sources, the new 500 will store its power in a 42kWh lithium ion battery pack that promises a 199-mile range. It is said to feature an in-built 85kW charger that can add 31 miles of range… Continue reading New Fiat 500e: technical details of electric city car leaked

Aston Martin: new chairman Lawrence Stroll to bring racing focus

Aston Martin has used what would’ve been its Geneva motor show press conference to introduce future executive chairman Lawrence Stroll, alongside a host of new models.  Held instead at Aston’s headquarters in Gaydon, Warwickshire after the Geneva show was cancelled, the short conference stream saw Canadian billionaire Stroll make his first appearance alongside CEO Andy… Continue reading Aston Martin: new chairman Lawrence Stroll to bring racing focus

Suppliers: VW seat manufacturer Sitech closes plant with 450 jobs in Hanover

VW seat manufacturer Sitech Sitech belongs to the components division of the Volkswagen Group and supplies the group brands with seating technology. (Photo: Volkswagen AG) Düsseldorf plant closings in the German automotive industry are a rare exception. Most of the time companies and the powerful agree IG metal in the end a compromise that somehow… Continue reading Suppliers: VW seat manufacturer Sitech closes plant with 450 jobs in Hanover

Top French court deals blow to Uber by giving driver ’employee’ status

FILE PHOTO: A screen displays the company logo for Uber Technologies Inc on the day of its IPO at the New York Stock Exchange (NYSE) in New York, U.S., May 10, 2019. REUTERS/Brendan McDermid/File Photo PARIS (Reuters) – France’s top court has recognized the right of an Uber (UBER.N) driver to be considered an employee,… Continue reading Top French court deals blow to Uber by giving driver ’employee’ status

Lyft posted record sales last week, and coronavirus might be the key driver

REUTERS/Mike Blake Lyft racked up record sales and customer journeys in the same week that coronavirus fears sparked a massive stock-market selloff. “Last week was our single biggest week in our history in terms of both revenue and rides,” Lyft finance chief Brian Roberts said. Commuters, shoppers, and others may be springing for Lyft rides… Continue reading Lyft posted record sales last week, and coronavirus might be the key driver

Car maker: Daimler board member Harald Wilhelm cleans up in the finance department

Harald Wilhelm Munich Before moving to Daimler hurried in April 2019 CFO Harald Wilhelm the call of a cleaner is already ahead. Finally, the 53-year-old stopped as CFO of airbus dubious payments; In the affair about the use of middlemen in the sale of jets, he once made a voluntary declaration to the corruption agency… Continue reading Car maker: Daimler board member Harald Wilhelm cleans up in the finance department

Bentley says Brexit priority is auto deal with Europe, not the U.S.

FILE PHOTO: Bentley logos are displayed at the 89th Geneva International Motor Show in Geneva, Switzerland March 5, 2019. REUTERS/Pierre Albouy LONDON (Reuters) – Luxury carmaker Bentley (VOWG_p.DE) said that maintaining free trade with the European Union was its priority over a Brexit deal with the United States, saying less favourable terms could force it… Continue reading Bentley says Brexit priority is auto deal with Europe, not the U.S.

Bolt Closes $30M Series A Funding Round

Bolt Mobility, a Miami, Florida-based company dedicated to innovating transportation by providing safe and sustainable solutions, closed a Series A funding round bringing total investment to $30m at a $100m valuation. The round was led by Rokk3r Fuel ExO. The company intends to use the funds to both scale and bring its transport solutions globally.… Continue reading Bolt Closes $30M Series A Funding Round

Carmen Boulogne Puts More Hyper In Hispano-Suiza’s Electric Hypercar

La Hispano-Suiza Fábrica de Automóviles SA first introduced us to their electric Carmen hypercar at the 2019 Geneva Motor Show, and now they’re back for 2020 with an updated and upgraded version, the Carmen Boulogne, with more power, less weight, exposed rear wheels, and an alluring clear-coat finish. The Barcelona-based company plans to build just… Continue reading Carmen Boulogne Puts More Hyper In Hispano-Suiza’s Electric Hypercar