McLaren Group continues corporate simplification

Following the merger of McLaren Automotive and McLaren Technology Group in July 2017 to enhance synergies, the McLaren Group has announced several further developments in the company’s operational structure to bring greater efficiency and simplification to the business. Shaikh Mohammed bin Essa Al Khalifa, McLaren Group Executive Chairman, explained: “The work of the past year… Continue reading McLaren Group continues corporate simplification

Ford Torrence Plant To Stop Making Cars, Focus On SUVs

CHICAGO (CBS/AP)  — After a more than 30 year run, the Ford Motor Co. plant on the city’s Southeast Side will stop making the Ford Taurus in 2019, and instead focus on pricier SUVs, the company announced. The Details: The Taurus, first produced in 1986, was once the top-selling car in the U.S. Production will… Continue reading Ford Torrence Plant To Stop Making Cars, Focus On SUVs

Press Release – Annual Meeting of Shareholders and Notice of Conference Call for First Quarter 2018 Results

Please click HERE for a PDF version of the release. AURORA, Ontario, April 27, 2018 (GLOBE NEWSWIRE) — Magna International Inc. (TSX:MG) (NYSE:MGA)   ANNUAL MEETING OF SHAREHOLDERS THURSDAY – MAY 10, 2018 10:00 AM ET   HILTON TORONTO/MARKHAM SUITES CONFERENCE CENTRE 8500 Warden Avenue, Markham, Ontario, Canada Webcast:   www.magna.com   FIRST QUARTER 2018… Continue reading Press Release – Annual Meeting of Shareholders and Notice of Conference Call for First Quarter 2018 Results

Drivy Expands Carsharing in UK

Photo: Drivy Drivy, a European carsharing service for unused vehicles, launched in London, with plans to expand throughout the U.K., according to Fleet World. Drivy launched with 450 vehicles in London and also operates in France, Germany, Spain, Austria, and Belgium. The service rents both private and business vehicles to customers. Drivy users can access… Continue reading Drivy Expands Carsharing in UK

Nissan to introduce 20 new electric models to China within five years

The Nissan Leaf full electric vehicle. [Photo provided to chinadaily.com.cn] TIANJIN – Japanese automaker Nissan will launch 20 new electric vehicles (EVs) in China in the next five years, the company announced on Wednesday at the on-going Beijing International Automotive Exhibition. Jose Munoz, chairman of Nissan’s China management committee,said that Nissan will open a new… Continue reading Nissan to introduce 20 new electric models to China within five years

BMW Teams up With Innoviz to Bring Solid State LiDAR to Its Future Self-Driving Cars

The Germans may be getting ready to outfit their upcoming fleet of autonomous cars with new sensors. via Innoviz BMW has been one of the more quiet manufacturers dabbling in autonomy this past year. Despite it looking to deliver a fully self-driving car as early as 2021, the German automaker has been very tightlipped on… Continue reading BMW Teams up With Innoviz to Bring Solid State LiDAR to Its Future Self-Driving Cars

San Francisco proposes rules to fight its electric scooter epidemic

Justin Sullivan/Getty Images San Francisco officials have been promising rules to curb the invasion of electric scooters, and now we have an idea of what those rules could be. The Municipal Transportation Agency has proposed a two-year permitting test program that would limit the city to five e-scooter permits, and no more than 500 scooters… Continue reading San Francisco proposes rules to fight its electric scooter epidemic

BRIEF-China Automotive Systems’ Unit Enters JV Contract With KYB China

April 27 (Reuters) – China Automotive Systems Inc: * CHINA AUTOMOTIVE SYSTEMS INC – ON APRIL 27, UNIT OF CO ENTERED INTO A JOINT VENTURE CONTRACT WITH KYB (CHINA) INVESTMENT CO., LTD – SEC FILING * CHINA AUTOMOTIVE – HENGLONG, KYB WILL ESTABLISH A JOINT VENTURE COMPANY, HUBEI HENGLONG KYB AUTOMOBILE ELECTRIC STEERING SYSTEM CO.,… Continue reading BRIEF-China Automotive Systems’ Unit Enters JV Contract With KYB China

Volkswagen mild hybrid and natural gas engines to drastically cut CO2

The Volkswagen Group will introduce mild hybrid and natural gas engine technology to its ranges in an attempt to cut average CO2 outputs to below the upcoming 95g/km limit. At the Vienna Motor Symposium, the German company confirmed that the Mk8 VW Golf would be the first to come with a new 48V mild hybrid powertrain that’s currently… Continue reading Volkswagen mild hybrid and natural gas engines to drastically cut CO2

Opel works council blocks severance program

The voluntary severance package at Opel is apparently well received. The works council sees the future of the automaker endangered – and provisionally denies its approval. Opel plant in Kaiserslautern (archive) Friday, 27.04.2018 14:05 clock at Opel the dispute over the voluntary redundancy program is escalating. The works council provisionally refuses to approve current contracts.… Continue reading Opel works council blocks severance program