(Actualisé avec contexte) PARIS, 4 juin (Reuters) – PSA a annoncé lundi avoir commencé à suspendre les activités de ses coentreprises en Iran afin de se conformer à la loi américaine d’ici le 6 août et dit être en contact avec les autorités américaines pour envisager une dérogation. Les Etats-Unis ont annoncé le 9 mai… Continue reading PSA a commencé à suspendre les activités de ses JV en Iran
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Lotus CEO Jean-Marc Gales Leaves To Run A Classic Car Restoration Company
Photo credit: Lotus Chief executive officer of Lotus Jean-Marc Gales just stepped down “for personal reasons,” and will join a company that restores and sells old classic cars. Replacing Gales at Lotus is Feng Qingfeng, vice president and chief technical officer of Geely, the Chinese company that, as of 2017, has owned a controlling stake… Continue reading Lotus CEO Jean-Marc Gales Leaves To Run A Classic Car Restoration Company
France’s PSA suspends joint ventures in Iran to avoid US sanctions
PARIS (Reuters) – French carmaker PSA Group (PEUP.PA) has begun to suspend its joint venture activities in Iran to avoid U.S. sanctions after Washington’s withdrawal from the international nuclear deal. FILE PHOTO: The Peugeot logo is pictured on the new Peugeot 508 before a news conference of PSA Group to announce the company’s 2017 annual… Continue reading France’s PSA suspends joint ventures in Iran to avoid US sanctions
France’s PSA begins to suspend its joint ventures in Iran
PARIS, June 4 (Reuters) – PSA Group has begun to suspend its joint venture activities in Iran, the French carmaker said on Monday, following the withdrawal of the United States from a nuclear pact signed with the country. European signatories are scrambling to save the accord, which they see as crucial to forestalling an Iranian… Continue reading France’s PSA begins to suspend its joint ventures in Iran
Waymo expands autonomous driving partnership with Fiat Chrysler
On the same day of a massive $2.25 billion Softbank investment into General Motors’ Cruise, Fiat Chrysler Automobiles (FCA) is announcing an expanded partnership with Waymo that will add up to 62,000 more Chrysler Pacifica minivans to Waymo’s self-driving car fleet later this year. This isn’t too surprising, given Waymo said earlier this year that… Continue reading Waymo expands autonomous driving partnership with Fiat Chrysler
FAW-Volkswagen launches advanced new Qingdao plant
Juergen Unser, vice-president of FAW-Volkswagen. [Photo provided to China Daily] FAW-Volkswagen Automotive Co has inaugurated a new plant in Qingdao, East China’s Shandong province, as one of the joint venture’s latest efforts to charge ahead in the world’s largest car market. The plant, which was unveiled last Monday, employs 3,000 people and has an annual… Continue reading FAW-Volkswagen launches advanced new Qingdao plant
First generation e-cars will be gone tomorrow, says expert
Ding Lei, founder and chairman of electric car startup Huaren Technology R&D Co. [Photo provided to China Daily] Most electric models currently mushrooming in the Chinese auto sector will lose their appeal in two or three years, as they were designed as “makeshift substitutes” for gasoline cars, according to Ding Lei, founder and chairman of… Continue reading First generation e-cars will be gone tomorrow, says expert
Chinese electric automaker BYD vows to push industry change
Chinese electric automaker BYD established its North American headquarters in Los Angeles in 2011. [Photo/IC] LOS ANGELES – “BYD’s mission is to change the world through technological innovation that reduces greenhouse gases and our dependency on fossil fuels,” Stella Li, president of BYD Motors, a US subsidiary of China’s automaker BYD Company Ltd, told Xinhua this… Continue reading Chinese electric automaker BYD vows to push industry change
McLaren Special Operations recreates legendary F1 GTR ‘Longtail’
Any McLaren 675LT is a very special car that already stands out from the crowd, although if a customer desires something even more dramatic – and even more exclusive – McLaren Special Operations (MSO) is on hand to ensure that bespoke requirements are met, no matter how complex. Challenged to produce a road-going homage to… Continue reading McLaren Special Operations recreates legendary F1 GTR ‘Longtail’
Self-Driving Delivery Company Boxbot Raises $7.5M in Seed Funding
Boxbot, an Oakland, CA-based startup focused on self-driving delivery vehicles, raised $7.5m in seed funding. This round was led by Artiman Ventures, and includes an investment from Toyota AI Ventures, Pear Ventures, Afore Capital, Ironfire Ventures and The House Fund. Co-founded in 2016 by Austin Oehlerking and Mark Godwin, Boxbot is building self-driving vehicles which… Continue reading Self-Driving Delivery Company Boxbot Raises $7.5M in Seed Funding