Operational fitness, portfolio rationalization and increased investments in electrification, autonomy and mobility at core of company strategy Company increases planned investments in electrification to $11 billion by 2022 Expanded electrified portfolio to include 40 electrified vehicles globally, including 16 full battery electric vehicles by 2022 Announces preliminary results for full-year 2017 of $1.95 earnings-per-share (EPS)… Continue reading Ford Details Plans to Improve Fitness, Refocus Model Lineup and Accelerate Introduction of Smart Vehicles and Services
Category: Automotive
Boeing, Adient Launch New Company to Design and Build Airplane Seats
SEATTLE, Jan. 16, 2018 /PRNewswire/ — Boeing [NYSE: BA] and Adient [NYSE: ADNT] today announced the formation of Adient Aerospace, a joint venture that will develop, manufacture and sell a portfolio of seating products to airlines and aircraft leasing companies. The seats will be available for installation on new airplanes and as retrofit configurations for… Continue reading Boeing, Adient Launch New Company to Design and Build Airplane Seats
BMW and Mercedes-Benz will also try out subscription plans for new cars
Not to be left out by rivals, BMW and Mercedes-Benz appear to be joining the world of automotive subscription models that cover all of the fees required with car ownership or leasing under one payment. Both BMW and Mercedes are expected to announce pilot programs for a subscription service that covers not only car payments,… Continue reading BMW and Mercedes-Benz will also try out subscription plans for new cars
Bollinger Motors Moving to Detroit
Email a Friend Bollinger Motors Moving to Detroit Go Back Print this page Sorry there are no photos!Hide Detroit earned its Motor City name by being the heart of the U.S. automotive revolution and some new vehicle manufacturers still consider the Michigan city to be where they need to be in order to succeed. The… Continue reading Bollinger Motors Moving to Detroit
Car Bosses Give Lukewarm Endorsements to Their Own Electric Lineups
Global automakers, rarely shy about marketing themselves with glitz and confidence, are noticeably more sober about how customers may react to their own upcoming electric vehicle lineups. Big-truck king Ford Motor Co., for example, said at this week’s Detroit auto show that it’s more than doubling electric-car spending to $11 billion — and in the… Continue reading Car Bosses Give Lukewarm Endorsements to Their Own Electric Lineups
Peugeot confident of SUV and EV push after strong sales results
Peugeot CEO Jean-Philippe Imparato believes his company is well placed to capitalise on the electric and SUV “revolutions” following a year of strong global growth. Speaking exclusively to Autocar, Imparato said that the brand’s 600,000 SUV sales in 2017, which represented 60% growth on the year before, was an example of its improving image and… Continue reading Peugeot confident of SUV and EV push after strong sales results
China’s Chery will use Nvidia-powered ZF ProAI for Level 3 autonomous cars
Chinese automaker Chery will be building cars with Level 3 autonomous features powered by supplier ZF’s ProAI platform, which itself uses Nvidia GPUs for its driving intelligence. The partnership was announced at the North American International Auto Show today in Detroit, and follows announcements from CES where Nvidia announced further collaboration with ZF and with… Continue reading China’s Chery will use Nvidia-powered ZF ProAI for Level 3 autonomous cars
Lyft opens up Concierge, its ride-booking service for businesses, to all
Lyft today announced it’s expanding its Concierge program – the service that allows organizations to schedule rides for other people – to more business customers. First announced in 2016, the service was originally designed to help patients get to medical appointments, particularly in areas where they may not have a car of their own, like… Continue reading Lyft opens up Concierge, its ride-booking service for businesses, to all
McLaren Automotive inaugurates new carbon composites technology centre in Yorkshire in true McLaren style
A key milestone was marked today at the Yorkshire manufacturing centre that from 2019 will start producing carbon fibre tubs for McLaren Automotive, the British creator of luxury sportscars and supercars. As darkness descended at the £50million McLaren Composites Technology Centre (MCTC) nearing completion in the Sheffield region, McLaren Automotive Chief Executive Mike Flewitt was… Continue reading McLaren Automotive inaugurates new carbon composites technology centre in Yorkshire in true McLaren style
Automobile: the CO2 wall catches the builders
A paradox: it’s at the Detroit auto show, where a whole bunch of new 4x4s and other pickups are presented, that the builders say a little more about their situation in front of them. at the famous European “CO2 wall” . While Brussels has set relatively restrictive standards for 2021, the CEO Mercedes owner Daimler… Continue reading Automobile: the CO2 wall catches the builders