Ford races toward all-electric future in Europe, chooses Spanish plant for next-gen EVs

Ford in Europe has announced another move toward an all-electric future, confirming that it has chosen its plant in Valencia, Spain, as the preferred site to assemble vehicles based on a next-generation electric vehicle architecture. Pending product approval, the Valencia plant could produce breakthrough electric and connected vehicles beginning later this decade. The next-generation architecture… Continue reading Ford races toward all-electric future in Europe, chooses Spanish plant for next-gen EVs

Ford extends production at Chennai to end-July

Ford India has decided extended its production schedule to the end of July as the company continues its discussions on the severance package it is offering to employees, according to a PTI report. The plant was slated to shut down at the end of June. A Ford union member said, “ “We have been asking… Continue reading Ford extends production at Chennai to end-July

Ford’s ‘self-inflicted’ recalls, warranty costs put automaker at competitive disadvantage

This content is only available to subscribers. Get unlimited digital access $1 for 6 Months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The e-Edition, a digital replica of the print paper, every day. Access to exclusive sports reporting on your local teams from USA TODAY… Continue reading Ford’s ‘self-inflicted’ recalls, warranty costs put automaker at competitive disadvantage

Electric Lotus Esprit restomod under consideration by Hethel’s new bespoke division

Earlier this year, Lotus Advanced Performance was launched, promising to bring various existing elements of the British sports car brand (including motorsport and the Lotus Driving Academy) under one roof, with various new services added to the roster.  Speaking to Auto Express at the Goodwood Festival of Speed, Simon Lane, who’s heading up the new… Continue reading Electric Lotus Esprit restomod under consideration by Hethel’s new bespoke division

British race car builder Lola set for revival

Lola, one of the world’s most prolific constructors of racing cars, is set for revival 10 years after it closed for business following an asset buyout by a British businessman. US-based Till Bechtolsheimer has purchased all Lola assets, including its fully operational wind tunnel and technical centre in Huntingdon, plus the intellectual property and designs for… Continue reading British race car builder Lola set for revival

Lanzante to reveal radically reworked supercar every year

British engineering firm Lanzante plans to launch a new car every year and will diversify beyond its McLaren mainstay as part of its expansion plans. Boss Dean Lanzante told Autocar that the Hampshire-based operation plans to launch “a project of some kind” each year at Goodwood as part of a “medium-to-long-term” agreement with the event. These… Continue reading Lanzante to reveal radically reworked supercar every year

Matter raises USD $10 million in fresh funds

Ahmedabad-based energy storage and e-mobility startup Matter said it has raised US$ 10 million (Rs 78.30 crore) in fresh funding. The new funding, it said, will be utilised towards the launch of its upcoming product lines, including both in e-mobility and energy storage products. After introducing its active-cooled, lithium-ion battery pack as well as its… Continue reading Matter raises USD $10 million in fresh funds

Lotus to build modern versions of never-launched classics

Newly formed Lotus Advanced Performance (LAP) will soon give the first details of a series of radical, highly bespoke cars that it will put into limited production in Hethel.  LAP’s primary remit is to create extreme, limited-run machines that will be built and sold separately to Lotus‘s core production models. It has also taken control of… Continue reading Lotus to build modern versions of never-launched classics

GM’s Cruise starts to charge for fares in San Francisco

Cruise LLC is officially open for business, offering driverless rides to paying customers on a small scale, CEO Kyle Vogt said Thursday on CNBC’s Squawk Box.  Cruise, which General Motors Co. has a majority stake in, earlier this month received approval from the California Public Utilities Commission to charge fares for driverless rides in San Francisco. The approval… Continue reading GM’s Cruise starts to charge for fares in San Francisco