Category: News Site

Force Motors bags order for Light Strike Vehicles from Indian Army

Representational Image – Force Gurkha The Pune-based Force Motors, has announced that it has bagged a order from the Indian Army for supplying indigenously built Light Strike Vehicles (LSVs) that will be used by the armed forces for defense purposes. The vehicle has been designed and developed by the R&D team of Force Motors, and… Continue reading Force Motors bags order for Light Strike Vehicles from Indian Army

Gov’t, GM agree to inject 7.7 tln won into normalizing S. Korean unit of U.S. carmaker

SEOUL, May 10 (Yonhap) — The South Korean government and General Motors Co. reached an agreement Thursday to spend 7.7 trillion won (US$7.16 billion) on keeping the troubled South Korean unit of the U.S. carmaker afloat. The agreement reached between Seoul’s finance minister and GM International President Barry Engle also calls for the Detroit-based automaker… Continue reading Gov’t, GM agree to inject 7.7 tln won into normalizing S. Korean unit of U.S. carmaker

Audi aims to sell 800,000 electrified cars in 2025

German carmaker Audi has announced that it plans to sell approximately 8 lakh electrified cars, including both fully electric and plug-in hybrid cars, in 2025. According to the company’s updated ‘Audi Vorsprung 2025’ strategy, it aims to enable about every third customer to decide in favour of an e-model by the middle of the next… Continue reading Audi aims to sell 800,000 electrified cars in 2025

GM can’t sell stake in S.Korea unit over next 5 years under rescue deal – S.Korea

SEOUL, May 10 (Reuters) – General Motors can’t sell any of its 77 percent stake in its troubled South Korean unit over the next five years and has to keep its holding at over 35 percent between 2023 and 2028, South Korea said on Thursday, unveiling details of a new deal with the U.S. automaker.… Continue reading GM can’t sell stake in S.Korea unit over next 5 years under rescue deal – S.Korea

2019 Vauxhall Corsa ‘won’t be compromised’ despite ditching GM architecture

The new Vauxhall Corsa “will not be compromised in any way” despite being developed in less than two years by PSA Group after a signed-off design based on previous owner General Motors’ (GM) architecture was axed. A revised Corsa was set to be launched this year, sitting on a modified version of GM’s Astra platform (it was… Continue reading 2019 Vauxhall Corsa ‘won’t be compromised’ despite ditching GM architecture

Hyundai Mobis hires ex-Continental expert on infotainment, connectivity

SEOUL, May 10 (Yonhap) — South Korea’s top auto parts maker Hyundai Mobis Co. said Thursday that it has hired a former software expert of German automotive technology firm Continental in the latest move to strengthen its infotainment and connectivity competitiveness. Carsten Weiss, who handled development of telematics, infotainment systems and software platforms at Continental,… Continue reading Hyundai Mobis hires ex-Continental expert on infotainment, connectivity

Mercedes shows off its EQC electric SUV prototype

Daimler Mercedes really, really wants you to know that its EQ electric cars will soon become a practical reality. The automaker has shown off heavily camouflaged prototypes of its EQC SUV with word that the production model is on track to launch in 2019. Test mules already endured “tough” winter conditions in northern Sweden between… Continue reading Mercedes shows off its EQC electric SUV prototype

Uber says its self-driving cars could return in ‘next few months’

Uber CEO Dara Khosrowshahi spoke briefly of what’s been going in the world of Uber’s self-driving cars in light of the fatal accident in Tempe, Arizona in March. At Uber Elevate today in Los Angeles, Khosrowshahi said Uber will bring back its self-driving cars “within the next few months, I don’t know.” To be fair,… Continue reading Uber says its self-driving cars could return in ‘next few months’

UPDATE 5-Ford says lost truck production will hit 2nd qtr earnings

DETROIT (Reuters) – Ford Motor Co (F.N) is working with a key supplier to shift some parts production from Michigan to Ontario, Canada, after a fire and subsequent parts shortages forced the automaker to halt manufacturing of its highly profitable full-size pickups, according to sources familiar with the companies’ plans. The Ford logo is seen… Continue reading UPDATE 5-Ford says lost truck production will hit 2nd qtr earnings