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
Category: Automotive
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
Ferrari Has Plans to Make an Electric Supercar
Ferrari NV will make a battery-powered supercar to challenge Tesla Inc. at the high end of the electric-auto market, Chief Executive Officer Sergio Marchionne said. The race-car maker, spun off from Fiat Chrysler Automobiles NV, has been expanding its lineup to lift sales without losing the exclusivity of a brand associated with Italian design and… Continue reading Ferrari Has Plans to Make an Electric Supercar
In the Allier region, PSA uses new conventional collective breaks
In 10 days, Michel Malvaux will leave the foundry of Dompierre-sur-Besbre to start an early retirement. He took advantage of the senior leave that allows him to receive his full salary until the real retirement: “This is very good news.Today I am going to be 59. I will be able to enjoy the benefits since… Continue reading In the Allier region, PSA uses new conventional collective breaks
UPDATE 4-GM sees flat 2018 earnings, with pickups picking up in 2019
DETROIT (Reuters) – General Motors Co (GM.N) shares rose on Tuesday after the company said 2018 earnings will be largely flat compared with 2017 and forecast higher profits in 2019 when its revamped line of high-margin pickup trucks hits the U.S. market. The 2018 earnings outlook was above market expectations, sending GM shares up about… Continue reading UPDATE 4-GM sees flat 2018 earnings, with pickups picking up in 2019
BRIEF-Toyota Motor North America Says Production In North America Is Nearly 2 Mln In 2017
Jan 16 (Reuters) – Toyota Motor North America: * TOYOTA MOTOR NORTH AMERICA SAYS IN 2017, TOYOTA BUILT ABOUT 2 MILLION VEHICLES AT ITS NORTH AMERICAN VEHICLE ASSEMBLY PLANTS * TOYOTA MOTOR NORTH AMERICA – PRODUCTION VOLUME AT NORTH AMERICAN VEHICLE ASSEMBLY PLANTS IN 2017 WAS DOWN ABOUT 1 PERCENT FROM 2.1 MILLION VEHICLES Source… Continue reading BRIEF-Toyota Motor North America Says Production In North America Is Nearly 2 Mln In 2017
Bringg Announces $22 Million Series B Round Following Strong Deal Traction with International Brands
TEL AVIV, Israel and CHICAGO, Jan. 16, 2018 /PRNewswire/ — Bringg, the leading delivery logistics platform for enterprises, announced today that it has raised additional funding from strategic partners, bringing its Series B investment total to $22 million. The current $12 million round includes automotive leader Dr. Shmuel Harlap, shipping and real estate magnate Eyal Ofer,… Continue reading Bringg Announces $22 Million Series B Round Following Strong Deal Traction with International Brands
Ferrari SUV confirmed for late 2019: fastest SUV crown targeted
Fiat Chrysler boss Sergio Marchionne has said the Ferrari SUV could be ready by 2019 – and claimed it will be the fastest vehicle of its type. The colourful CEO initially indicated his intention to build an SUV – or FUV (Ferrari Utility Vehicle) in November 2017 and has since seen Lamborghini enter the market by… Continue reading Ferrari SUV confirmed for late 2019: fastest SUV crown targeted
VW Chief Sales Officer: E-mobility is making rapid progress in the USA
Jürgen Stackmann “In terms of charging infrastructure, a lot is happening in the country, which means that the barriers to entry into electromobility are falling,” said the VW board member. (Photo: AP) Despite the enthusiasm of the Americans for SUVs and heavy pickup trucks will, according to estimates of VWBoard member Jürgen Stackmann E-Mobility in… Continue reading VW Chief Sales Officer: E-mobility is making rapid progress in the USA
Schaeffler reports strong growth in 4th quarter 2017
HERZOGENAURACH, Germany, Jan. 16, 2018 /PRNewswire/ — Global automotive and industrial supplier Schaeffler announced its preliminary revenue figures for 2017 today. The company increased its revenue to approximately 14.0 billion euros (prior year: approximately 13.3 billion euros), growing by 5.9 percent at constant currency. Fourth quarter revenue rose to approximately 3.5 billion euros (prior year quarter:… Continue reading Schaeffler reports strong growth in 4th quarter 2017