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Bird hits 10 million scooter rides

Bird just announced 10 million scooter rides since launching about one year ago. If this story sounds familiar to you, it’s probably because Bird competitor Lime earlier today announced it surpassed 11.5 million rides across its shared bikes and scooters. Bird, which launched last September in Santa Monica, Calif., currently operates in 100 cities and… Continue reading Bird hits 10 million scooter rides

Lunewave is pitching a new sensor offering better vision for autonomous vehicles

The investment arms of BMW and the Chinese search technology giant, Baidu, along with a large original equipment manufacturer for the auto industry and a slew of technology investors have all come together to back Lunewave, a startup developing new sensor technologies for autonomous vehicles. The $5 million seed round which the company just closed… Continue reading Lunewave is pitching a new sensor offering better vision for autonomous vehicles

Nissan recalls over 215K vehicles for fire risk

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BorgWarner opens new variable cam timing line at Chennai plant

Ford Mobility CFO Neil Schloss to Retire

DEARBORN, Mich., Sept. 20, 2018 – Ford Motor Company today announces Neil Schloss, vice president and chief financial officer of Ford Mobility, will retire Dec. 31 after a 36-year career with the automaker. In addition to being the founding CFO for Ford’s mobility efforts, Schloss served as the company’s treasurer during the Great Recession, playing… Continue reading Ford Mobility CFO Neil Schloss to Retire

Aston Martin ‘003’ Hypercar Confirmed

Aston Martin '003' Hypercar Confirmed

Published: Sep 20, 2018

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Neil Allison

Aston Martin's next step into the mid-engined hypercar market has been confirmed with the release of the first official details of Project ‘003’.

20 September 2018, Gaydon: Aston Martin's next step into the mid-engined hypercar market has been confirmed with the release of the first official details of Project ‘003’.
Project ‘003’ is the third hypercar to be developed by Aston Martin following the Aston Martin Valkyrie and Valkyrie AMR Pro (formerly ‘001’ and ‘002’), 003 has its DNA deeply rooted in concepts and technology currently being developed for those revolutionary road and track-only machines.
Project ‘003’ will be built around a lightweight structure and powered by a turbocharged petrol-electric hybrid engine. Combined with active aerodynamics for outstanding levels of downforce in a road-legal car, active suspension systems providing next-level precision, control and driver connection like the Aston Martin Valkyrie and Valkyrie AMR Pro, Project ‘003’ will possess class leading dynamics on both road and track.
While this exceptional breadth of performance is of paramount importance, Project ‘003’ is also being designed and engineered to offer more practical concessions to road use, including space for luggage. Fully homologated and available in all markets in both left and right-hand drive, production will be limited to 500 coupe examples globally, with the first cars arriving to market in late 2021.
Aston Martin Lagonda President and Group Chief Executive, Andy Palmer, said: “It was always the intention for the Aston Martin Valkyrie to be a once-in-a lifetime project, however, it was also vital to us that Valkyrie would create a legacy: a direct descendent that would also set new standards within its own area of the hypercar market, creating a bloodline of highly specialised, limited production machines that can exist in parallel with Aston Martin’s series production models. I’m thrilled to announce that this car is the Project ‘003’, and our next step into a dynamic and exacting arena.”

VinFast – Follow The Birth Of A Car Company Using BMW Tech And Italian Design From Pininfarina

What is VinFast? With a vision of becoming the “leading vehicle manufacturer in Southeast Asia,” VinFast is the first Vietnamese car company and is led by James DeLuca, Former Vice President of Manufacturing at General Motors. The company has R&D and production facilities in Vietnam, yet most of the technology used for the cars VinFast… Continue reading VinFast – Follow The Birth Of A Car Company Using BMW Tech And Italian Design From Pininfarina

BMW and Daimler submit application to EU Commission: Car2go and DriveNow agree on merger

Getty Images / AFP DriveNow and Car2go: The merger is in the final meters After months of negotiations, they were able to clarify their issues: BMW Show stock market chart and Daimler Show stock market chart have submitted the merger of their car-sharing offers to the EU Commission for approval. In advance, the corporations had… Continue reading BMW and Daimler submit application to EU Commission: Car2go and DriveNow agree on merger

Michelin acquires Truckfly, the application designed to facilitate truck drivers’ daily life

Michelin confirme aujourd’hui sa volonté d’accompagner les chauffeurs routiers en améliorant : Leur mobilité : des itinéraires optimisés, des informations précises sur les lieux de pause et ravitaillement des camions et des chauffeurs. Leur sécurité : en les aidant à trouver les bons lieux de pause pour pouvoir se reposer sereinement et reprendre la route en forme, et… Continue reading Michelin acquires Truckfly, the application designed to facilitate truck drivers’ daily life

Aston Martin unveils details of £5.1bn flotation

Luxury goods sector James Bond’s favourite carmaker to float a quarter of stock – nearly 57m shares An employee polishes the bodywork of an Aston Martin DB11. The company aims to exploit the success of Ferrari’s listing to lure investors Photograph: Bloomberg/Bloomberg via Getty Images Aston Martin has unveiled the details of its planned stock… Continue reading Aston Martin unveils details of £5.1bn flotation