Aurora raises $90M Series A, adds Reid Hoffman and Mike Volpi to its board

Self-driving car startup Aurora has raised $90 million in a Series A round, with participation from both Greylock Partners and Index Ventures. The new funding adds to its available cash and will make it possible for the young startup to scale more quickly, but Aurora CEO Chris Urmson told me that the most important part… Continue reading Aurora raises $90M Series A, adds Reid Hoffman and Mike Volpi to its board

Hyundai unveils Kona Electric SUV in Europe

SEOUL, Feb. 28 (Yonhap) — Hyundai Motor Co., South Korea’s largest carmaker by sales, has unveiled the Kona Electric in Europe ahead of the Geneva Motor Show next month, the company said Wednesday. The all-electric crossover comes with a pair of powertrain options, one with a 64 kWh lithium-ion polymer battery pack with a range… Continue reading Hyundai unveils Kona Electric SUV in Europe

Diesel: in France too, the vice is tightening on the state

After Germany , France ? The hypothesis that the Hexagon comes, too, to suffer the wrath of justice in the field of pollution control, is less and less to exclude. To date, the State is already the subject of about thirty recourse before the administrative tribunals for “misconduct”. In all cases, it is criticized for… Continue reading Diesel: in France too, the vice is tightening on the state

UAW trust move puts GM board seat at risk

Former UAW Vice President Joe Ashton (Photo: General Motors Co.) The United Auto Workers’ retiree health care trust intends to sell 40 million of its shares in General Motors Co., imperiling the trust’s ability to replace retired UAW Vice President Joe Ashton on the automaker’s board of directors. The UAW Retiree Medical Benefits Trust —… Continue reading UAW trust move puts GM board seat at risk

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GENEVA 2018: THE IE WILL BE TAKING OVER GENEVA, but not at the motor-show…

2.16.18 GENEVA 2018 ANNOUNCEMENT We will be breaking with tradition this year.  The IE will be taking over Geneva, but not at the motor-show… To our fans: The IE will be able to be spotted throughout the city of Geneva at various locations during March 6-8th and we hope that you are up for the… Continue reading GENEVA 2018: THE IE WILL BE TAKING OVER GENEVA, but not at the motor-show…

APOLLO AUTOMOBIL SUCCESSFULLY COMPLETES ANOTHER ROUND OF TESTING ON THEIR INTENSA EMOZIONE “IE” HYPER-CAR

15.11.2017​ [embedded content] We have successfully completed another round of testing on the Intensa Emozione “IE” at the Cremona Circuit in Italy. The team’s work has been focused on fine tuning the car and the results have been strong. At home on the circuit, the IE is a superleggera that combines the aerodynamic efficiency and… Continue reading APOLLO AUTOMOBIL SUCCESSFULLY COMPLETES ANOTHER ROUND OF TESTING ON THEIR INTENSA EMOZIONE “IE” HYPER-CAR

APOLLO INTENSA EMOZIONE “IE” HYPER-CAR

PRESS RELEASE 17.10.2017​ TO OFFICIALLY DEBUT ON THE 24 – 26 TH OF OCTOBER [embedded content] PRESS RELEASE ​ • Exclusive launch event of Apollo IE to be held on October 24-26th in Italy. • Development testing continues at European circuits. • Official Launch Teaser Video Released 17 October 2017, Torino, Italy: Apollo Automobil is… Continue reading APOLLO INTENSA EMOZIONE “IE” HYPER-CAR

APOLLO IE: THE NEXT CHAPTER IS COMING SOON

PRESS RELEASE 7.10.2017​ THE NEXT CHAPTER IS COMING SOON PRESS RELEASE ​ 10 July 2017, Torino, Italy: After months of pure dedication, Apollo Automobil Ltd. is happy to announce that its partnership with Manifattura Automobili Torino (MAT) has yielded the Apollo IE, a revolutionary hyper-car co-developed by the two. The Apollo IE will be presented… Continue reading APOLLO IE: THE NEXT CHAPTER IS COMING SOON

Exclusive: GM Korea to sharply cut number of executives – internal letter

SEOUL (Reuters) – General Motors’ South Korean unit plans to slash the number of its executives, an internal letter seen by Reuters showed – the latest step by the U.S. automaker to cut costs and restructure the loss-making business. GM said this month it would shut one of its factories in South Korea and decide… Continue reading Exclusive: GM Korea to sharply cut number of executives – internal letter