By Reuters Staff 2 Min Read (Reuters) – Electric vehicle technology startup REE Automotive has agreed to go public through a merger with a blank-check company, in a deal that values the Israeli firm at around $3.6 billion, the companies said on Wednesday. FILE PHOTO: A prototype of a platform by Israel’s REE Automotive, developers… Continue reading @niche: Israeli EV startup REE to go public through $3.6 billion blank-check deal000518
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@Subaru: Subaru Corporation Announces Consolidated Financial Results for the Nine Months of FYE 2021000064
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@Subaru: Reference for the First Nine Months of FYE 2021 Consolidated Financial Results000063
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@Ford: Ford Raises Planned Investment in EV, AV Leadership to $29 Billion; Further Advances Turnaround of Global Automotive Business in Q4
About Ford Motor Company Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan. The company designs, manufactures, markets and services a full line of Ford trucks, utility vehicles, and cars – increasingly including electrified versions – and Lincoln luxury vehicles; provides financial services through Ford Motor Credit Company; and is pursuing… Continue reading @Ford: Ford Raises Planned Investment in EV, AV Leadership to $29 Billion; Further Advances Turnaround of Global Automotive Business in Q4
@FCA: New 2021 Dodge Durango SRT Hellcat Production Starts
February 4, 2021 , Windsor, Ontario – Today marks the start of production for the new 2021 Dodge Durango SRT Hellcat at the three-million-square-foot Jefferson North Assembly Plant (JNAP) in Detroit. “Like welcoming a new member to the family, today’s launch of the Durango SRT Hellcat celebrates the newest addition to the Brotherhood of Muscle,” said Tim… Continue reading @FCA: New 2021 Dodge Durango SRT Hellcat Production Starts
@VW Group: New Bugatti Showroom Breaks Ground in Southern California
Bugatti is pleased to announce the groundbreaking of the new Bugatti Newport Beach showroom and service center in Irvine, California. Led by Dealer Principal Pietro Frigerio, Bugatti Newport Beach is set to open its new location in 2022 and will offer the world-class Bugatti experience customers have come to expect from the historic French marque.… Continue reading @VW Group: New Bugatti Showroom Breaks Ground in Southern California
@VW Group: Blume: “The pandemic reveals who’s done their homework“
It has become noticeably quieter than usual in front of the Porsche headquarters in Stuttgart, with strict work from home rules resulting in empty offices and deserted car parks. Despite this, Porsche CEO Oliver Blume is in the office for this interview – in a large meeting room on the first floor of the administrative… Continue reading @VW Group: Blume: “The pandemic reveals who’s done their homework“
@VW Group: Porsche Taycan races into the record books
Brands Hatch is no stranger to historic feats of endurance from Porsche. In April 1970, a 917 in the hands of Pedro Rodriguez and Leo Kinnunen won the rain-soaked 1,000-kilometre race by an incredible five laps. And in July 1984, Porsche claimed the top six places at the same event, with victory going to the… Continue reading @VW Group: Porsche Taycan races into the record books
@VW Group: Personalised recommendations using artificial intelligence
The Porsche Newsroom is a service provided by the Porsche Communication for journalists, bloggers and the online community. © 2021 Dr. Ing. h.c. F. Porsche AG * Data determined in accordance with the measurement method required by law. Since 1 September 2017 certain new cars have been type approved in accordance with the Worldwide Harmonised Light Vehicles… Continue reading @VW Group: Personalised recommendations using artificial intelligence
@VW Group: Audi site Neckarsulm: next steps to fully connected factory
Making systematic progress toward the fully connected factory: Audi’s Neckarsulm site is the first automotive plant in the Volkswagen Group to use RFID (radio-frequency identification) technology for vehicle identification throughout the entire production process, thereby laying another cornerstone for fully connected production. An enhanced RFID data carrieris being used for the first time in the… Continue reading @VW Group: Audi site Neckarsulm: next steps to fully connected factory