Pagani: why the small Italian maker is planning an electric hypercar

The fastest thing about many supercar start-ups is the speed at which they fold, some producing nothing more than broken promises during the brief period between foundation and demise. Not so Pagani. The Italian manufacturer remains a tiny player when compared with Ferrari and Lamborghini, but it has proved to be in it for the… Continue reading Pagani: why the small Italian maker is planning an electric hypercar

SK Innovation Begins Construction Of 7.5 GWh Battery Plant In Hungary

1 H BY MARK KANE SK Innovation held a groundbreaking ceremony for its first European lithium-ion battery factory in Hungary. SK Innovation battery cell The site will start production in early 2020, and ultimately is expected to supply 7.5 GWh of cells annually. SK Innovation intends to invest 840.2 billion won ($777 million) in the… Continue reading SK Innovation Begins Construction Of 7.5 GWh Battery Plant In Hungary

Car expert Dudenhöffer warns against reorganization course: “Opel degenerates into a PSA shell”

All articles and backgrounds 05/26/2018 Car expert Dudenhöffer warns against redevelopment course “Opel degenerates into a PSA shell” DPA Thuringia, Eisenach: In April, employees of various Opel plants demonstrated against the remediation course The car expert Ferdinand Dudenhöffer sees the future of the car manufacturer Opel darker and darker. The sales figures of the French… Continue reading Car expert Dudenhöffer warns against reorganization course:
“Opel degenerates into a PSA shell”

Fiat Chrysler warns 5.3M owners: Don’t use the cruise

DETROIT: Fiat Chrysler is recalling more than 5.3 million vehicles in the U.S., Canada and elsewhere because in rare but terrifying circumstances, drivers may not be able to turn off the cruise control. The company is warning owners not to use cruise control until the cars, SUVs and trucks can be fixed with a software… Continue reading Fiat Chrysler warns 5.3M owners: Don’t use the cruise

Microsoft buys Semantic Machines

Semantic Machines & Language AI Center | Autonomous Driving & Co navigation Return to content The US IT group Microsoft is expanding the business with the AI ​​and buying Semantic Machines. The US company Microsoft plans to strengthen its business with the assistants and bots and has incorporated in this regard the company Semantic Machines.… Continue reading Microsoft buys Semantic Machines

World’s Best CEOs: 30 Leaders With Talent to Spare

Corporate America’s bottom line is growing fatter, fast. Big-company earnings per share swelled nearly 25% during the first quarter, the biggest gain since 2010. Global economic growth looks strong, too. Exceptional chief executives are preparing for tomorrow’s challenges by putting today’s cash windfall to good use. It’s no coincidence, then, that two themes stood out… Continue reading World’s Best CEOs: 30 Leaders With Talent to Spare

Auto tariff cut to fuel sales of SUVs, new energy cars

Visitors look at a Porsche during the biennial Beijing auto show in May. [Photo by Wang Zhuangfei/China Daily] China’s plans to slash its automobile import tariffs are expected to fuel sales of premium SUVs and new energy cars, which are already riding high in the country. The tariffs, which now range from 20 to 25… Continue reading Auto tariff cut to fuel sales of SUVs, new energy cars

UPDATE 3-Tesla agrees to settle class action over Autopilot billed as ‘safer’

NEW YORK (Reuters) – Tesla Inc on Thursday reached an agreement to settle a class action lawsuit with buyers of its Model S and Model X cars who alleged that the company’s assisted-driving Autopilot system was “essentially unusable and demonstrably dangerous.” FILE PHOTO: A Tesla Model S car is seen in a showroom in Santa… Continue reading UPDATE 3-Tesla agrees to settle class action over Autopilot billed as ‘safer’

UPDATE 3-Fiat Chrysler recalls 5.3 mln vehicles for cruise control defect

WASHINGTON (Reuters) – Fiat Chrysler Automobiles NV is recalling more than 5.3 million vehicles in North America over a defect that could prevent drivers from deactivating cruise control, the company said on Friday, warning owners not to use the function until they get software upgrades. A car hauler transports Chrysler vehicles from the FCA Jefferson… Continue reading UPDATE 3-Fiat Chrysler recalls 5.3 mln vehicles for cruise control defect

Common Sense: ‘Mustang Means Freedom’: Why Ford Is Saving an American Icon

A souped-up 1967 Mustang fastback stars in “The Fast and the Furious: Tokyo Drift.” But Mustangs aren’t all about high testosterone. A 1966 convertible is featured in “The Princess Diaries,” and Ford said 27 percent of Mustang buyers are women. William Clay Ford Jr., Ford’s executive chairman and the great-grandson of founder Henry Ford, is… Continue reading Common Sense: ‘Mustang Means Freedom’: Why Ford Is Saving an American Icon