Ferrari 488 ‘Sport Special Series’ leaked: first look at 700bhp 488

Our first look at the new lightweight, high-performance version of the Ferrari 488 has arrived by way of a leaked image of the car doing the rounds on social media.  It’s no secret that Ferrari is working on a lighter, more powerful, track biased version of the mid-engined 488, and the candidly snapped picture shared… Continue reading Ferrari 488 ‘Sport Special Series’ leaked: first look at 700bhp 488

Ford Focus RS owners offered free repair for ‘white smoke’ issue

Ford has responded to reports of engine faults and white exhaust smoke on early third-generation Focus RS models by offering owners of vehicles a free inspection and repair.  Owners can opt in for the voluntary inspection regardless of warranty or mileage status. Ford is currently in the process of contacting owners across Europe and the… Continue reading Ford Focus RS owners offered free repair for ‘white smoke’ issue

New CLS production starts at Sindelfingen

New CLS production starts at Sindelfingen – Automotive Manufacturing Solutions 23 January 2018 | Automotive Manufacturing Solutions Site manager of the Sindelfingen plant Michael Bauer (left) and Ergun Lümali, chairman of the Sindelfingen Works Council (right) Germany – Mercedes-Benz has started production of its latest CLS model at the Sindelfingen plant. The CLS will share… Continue reading New CLS production starts at Sindelfingen

Auto parts supplier: Prevent takes over Halberg Guss

The Prevent Group has acquired another auto parts supplier, Halberg-Guss. Halberg produces crankcases, cylinder heads and crankshafts for cars and trucks. The mainly by their dispute with VW Became known Prevent Group of the Bosnian entrepreneurial family Hastor has taken over another auto parts supplier. The Bundeskartellamt has the takeover Halberg Guss with its approximately… Continue reading Auto parts supplier: Prevent takes over Halberg Guss

Tesla just locked in Elon Musk as CEO with a $70 billion pay package (TSLA)

Lucy Nicholson/Reuters Elon Musk is the eccentric founder of Tesla, and will likely remain CEO for the next 10 years, as is required to claim the full $70 billion in pay from a new compensation package. The pay package eliminates production targets for the CEO. Tesla’s stock is jumping on the news. Shares of Tesla… Continue reading Tesla just locked in Elon Musk as CEO with a $70 billion pay package (TSLA)

Microcar subsidiary reports delivery bottlenecks: Daimler misjudges again the E-Smart

All articles and backgrounds 01/23/2018 Micro-car subsidiary reports supply bottlenecks Daimler again misjudges the E-Smart Daimler Electric Smart Should the Daimler management cry or cheer about this news? Delivery bottlenecks in the electric smart mean that customers have to wait for up to a year for their new vehicle, reports the “Automobilwoche”, “The increase in… Continue reading Microcar subsidiary reports delivery bottlenecks: Daimler misjudges again the E-Smart

New dealer contracts in the VW Group: Negotiations started positively

New dealer contracts in the VW Group Negotiations started positively Dirk Weddigen from Knapp: “We are confident.” © Photo: Oliver Vosshage / www.ov-pics.com Since mid-January, the Volkswagen / Audi Partner Association and Volkswagen Passenger Cars are discussing the new contracts. The VAPV is confident that it will find a common path. It’s going well so… Continue reading New dealer contracts in the VW Group: Negotiations started positively

Uber CEO hopes to have self-driving cars in service in 18 months

Uber CEO Dara Khosrowshahi was speaking to Bloomberg Editor-in-Chief John Micklethwait today at the new outlet’s event #TheYearAhead event, and he shared some more information about Uber’s plans around autonomy, and autonomous ride-hailing service rollout. “True autonomy for every single use case, is some ways away,” Khosrowshahi began, acknowledging that the problem is a massive… Continue reading Uber CEO hopes to have self-driving cars in service in 18 months

Full autonomy is years away, but here’s what’s next on autonomy’s wild ride

Ajay Chopra Contributor Ajay Chopra co-founded Pinnacle Systems in his living room and grew it to a multi-billion dollar public company before becoming a venture capitalist with Trinity Ventures. More posts by this contributor: From the distributed workforce to the partnered economy After China, India looms as Uber’s next battleground We’ve come a long way since 2009… Continue reading Full autonomy is years away, but here’s what’s next on autonomy’s wild ride

Car classifieds startup Carmudi secures $10m to expand SE Asia ops

January 23, 2018 Carmudi, a Rocket Internet-backed online car classifieds startup, has recently secured about $10 million in funding from a range of investors, including Tengelmann Ventures, according to an Inquirer report on Tuesday. The latest financing round will be used to grow existing listings and to build new technology, with the bulk of the… Continue reading Car classifieds startup Carmudi secures $10m to expand SE Asia ops