Lisa Brankin took the top job at Ford of Britain in late 2020 just as the brand was about to execute plans to willingly give up a market-leading volume position for its car business in pursuit of the profitability that had always eluded it. While Brankin’s observation that “timing is everything, and I think probably… Continue reading It’s a “pivotal” time for future-looking Ford says Europe boss Lisa Brankin
Category: US Motoring Press
Official: Rotary Mazda sports car is planned for production
Mazda has confirmed plans to put its striking Iconic SP rotary-powered sports car concept into production in the near future. Revealed at last year’s Tokyo motor show, the Iconic SP is a tightly packaged, 370bhp vision of a future sports car in the vein of the MX-5, equipped with an innovative hybrid powertrain that uses… Continue reading Official: Rotary Mazda sports car is planned for production
Audi launches new EV brand for China with radical estate concept
Audi has launched a new electric vehicle (EV) sub-brand for China, called simply ‘AUDI’, as part of an expanded joint venture operation with long-time partner Shanghai Automotive Industry Corporation (SAIC). The new brand, which targets younger, tech-oriented Chinese EV buyers, was revealed with the new AUDI E concept, an electric estate that is planned to go into production in… Continue reading Audi launches new EV brand for China with radical estate concept
Nissan Cuts 9,000 Jobs and Slashes C.E.O.’s Pay in Half
The Japanese automaker is carving deep cuts in its global operations as it struggles with a steep drop in sales. Go to Source
Tesla’s Stock Jumps After Trump’s Victory
Investors believe that the electric car company led by Elon Musk will benefit from his support of the president-elect. Go to Source
G.M.’s Electric Vehicle Sales Surge as Ford Loses Billions
Ford is struggling to make money on battery-powered models while General Motors, which started more slowly, says it is getting close to that goal. Go to Source
Volkswagen May Close German Plants for First Time in Its History
The auto maker’s top employee representative told workers that management planned to shutter three German factories to cut costs amid slumping sales. Go to Source
Tesla’s Shares Surge 20% After Strong Earnings and Outlook
The company said profits climbed 17 percent in the third quarter. It expects car sales to rise up to 30 percent next year when it plans to begin selling new models. Go to Source
In Mexico City, F1 Teams Must Cope With the Altitude
The thinner air affects the cars in many ways, including the performance of the turbo engines, brakes and tires. “It’s like driving in the wet,” the driver Lance Stroll of Aston Martin said. Go to Source
Tesla Self-Driving System Will Be Investigated by Safety Agency
The National Highway Traffic Safety Administration said it was looking into what Elon Musk’s electric car company called the full self-driving system. Go to Source