It comes with a new bumper, new grille, and new “bandit” headlights, the latter resembling those of the Ferrari Roma.Ferrari Portofino’s metal-folding roof can open and close in 14 seconds, even at speeds of up to 40kmph, and also has a manually retractable wind deflector for when the roof is down.The coronavirus lockdown has meant that your favourite auto magazine AUTO TODAY has reached limited stands.
Category: Newswire
The Volvo Group and Daimler Truck AG to Lead the Development of Sustainable Transportation by Forming Joint Venture for Large-scale Production of Fuel Cells
GÖTEBORG, Sweden, April 21, 2020 /PRNewswire/ — Sharing the Green Deal vision of sustainable transport and a carbon neutral Europe by 2050, two leading companies in the commercial vehicle industry, Daimler Truck AG and the Volvo Group, have signed a preliminary non-binding agreement to establish a new joint venture. The intention is to develop, produce… Continue reading The Volvo Group and Daimler Truck AG to Lead the Development of Sustainable Transportation by Forming Joint Venture for Large-scale Production of Fuel Cells
GM, Ford Credit Arms May Lose Billions on Car-Price Plunge
General Motors Co. and Ford Motor Co.’s finance arms likely face multibillion-dollar losses linked to the dramatic drop in used-vehicle prices, JPMorgan Chase & Co. analysts said.
Kia Motors Producing Protective Face Shields At U.S. Manufacturing Plant For Use By Healthcare Workers Across The Country
With a monthly capacity of 200,000 units, the face shields are being assembled by paid volunteers from KMMG, which has implemented a series of safety measures to protect team members, including: conducting temperature scans, providing face masks and gloves, and staggering work stations. Materials are being sourced from vendors such as 3-Dimensional Services Group, a Michigan-based… Continue reading Kia Motors Producing Protective Face Shields At U.S. Manufacturing Plant For Use By Healthcare Workers Across The Country
Toyota to Reopen Yaris Car Factory in Test Case for France
Toyota Motor Corp. is poised to restart a factory in northern France on Tuesday, marking the first vehicle plant reopening in the country where the coronavirus pandemic shut most industrial sites last month and some unions have vehemently opposed the return of workers to assembly lines.
Pony.ai Launches Autonomous Delivery Service to Address Heightened Demand During COVID-19
FREMONT, Calif., April 16, 2020 (GLOBE NEWSWIRE) — Pony.ai, an autonomous driving technology company, announces today that it is partnering with Yamibuy, an e-commerce platform based in Los Angeles, to provide an autonomous and contactless last-mile delivery service to customers in Irvine, California. The new delivery service will provide much-needed additional capacity to address the… Continue reading Pony.ai Launches Autonomous Delivery Service to Address Heightened Demand During COVID-19
Toyota North America Announces Executive Changes
PLANO, Texas, April 17, 2020 /PRNewswire/ — Toyota Motor North America (TMNA) and Toyota Financial Services (TFS) announced executive changes that further strengthen the companies’ leadership in key areas. Holly Walters, president and chief executive officer of Toyota Financial Savings Bank (TFSB) is promoted to chief information officer and group vice president of information systems for… Continue reading Toyota North America Announces Executive Changes
Burgess Norton Selected by Tenneco to Supply Powertrain Components
GENEVA, Ill., April 16, 2020 /PRNewswire/ — Burgess Norton (BN) announced today that the company has reached agreement with Tenneco Inc. to provide its full range of piston pin technology and bearing surface finish solutions for the Tenneco Powertrain Business Group. Tenneco is a world leader in gasoline and diesel engine piston technologies. “This agreement is… Continue reading Burgess Norton Selected by Tenneco to Supply Powertrain Components
Kongsberg Automotive – Updated Investor Presentation
Wed, Apr 15, 2020 21:26 CET Kongsberg Automotive ASA has in connection with the announced Extraordinary General Meeting to be held 30 April 2020 for inter alia approval of proposals for an increase of the share capital by directed placement, a convertible loan and a subsequent “repair” emission of shares prepared an Investor Presentation. The… Continue reading Kongsberg Automotive – Updated Investor Presentation
Bentley extends UK production shutdown by three weeks over coronavirus
Carmaker Bentley said on Thursday it was extending its plant shutdown by three weeks and would begin limited production on May 11 with full output due to resume a week later, as coronavirus lockdown measures remain in place in Britain.