Robotaxi Startup Zoox Raises New Millions – Forbes

Lineup of Zoox L3 autonomous cars. Instagram Autonomous vehicle startup Zoox has signed a $200 million convertible note— the first new investment since the Silicon Valley company fired its co-founder and original CEO last year. The note is the initial step in closing the company’s Series C funding round that’s expected to be finalized later this… Continue reading Robotaxi Startup Zoox Raises New Millions – Forbes

The Bizzarrini 5300 GT Is One of the Most Beautiful Race Cars in the World – Automobile

Double Z, double R—there may not be a more romantic-sounding historical automotive marque than Bizzarrini, so it’s a damn good thing the hundred or so cars the Italian automaker produced in the 1960s are as stupendously dramatic as the name. Despite the brand’s relative obscurity, the name sticks with you. Sometime during my childhood, my… Continue reading The Bizzarrini 5300 GT Is One of the Most Beautiful Race Cars in the World – Automobile

Fiat Chrysler to build new car battery hub in Turin

FILE PHOTO: A Fiat Chrysler Automobiles (FCA) sign is seen at the U.S. headquarters in Auburn Hills, Michigan, U.S., May 25, 2018. REUTERS/Rebecca Cook MILAN (Reuters) – Fiat Chrysler (FCHA.MI) will build a new battery assembly complex in its Mirafiori plant in Turin, with an initial investment of 50 million euros ($56 million), the carmaker… Continue reading Fiat Chrysler to build new car battery hub in Turin

Renault chairman vows to get Nissan alliance back on track next year

PARIS (Reuters) – Renault Chairman Jean-Dominique Senard is determined to get the carmaker’s alliance with Japan’s Nissan (7201.T) back on track next year, he said on Tuesday, adding other matters such as a potential tie-up with Fiat Chrysler were less of a priority. FILE PHOTO: Renault Chairman Jean-Dominique Senard attends a Renault, Nissan and Mitsubishi… Continue reading Renault chairman vows to get Nissan alliance back on track next year

Renault chairman can ‘never say never’ on Fiat but deal not on table

FILE PHOTO: Chairman of Renault SA Jean-Dominique Senard attends a news conference at French carmaker Renault headquarters in Boulogne-Billancourt, near Paris, France, October 11, 2019. REUTERS/Charles Platiau PARIS (Reuters) – Renault (RENA.PA) Chairman Jean-Dominique Senard said on Tuesday that a possible deal with Italian carmaker Fiat (FCHA.MI) was not on the table for now, although… Continue reading Renault chairman can ‘never say never’ on Fiat but deal not on table

Swedish startup Uniti debuts city-sized electric car in the UK for less than $19,000

Uniti will sell its debut One city car in the UK for 15,100 pounds (approximately $19,000) after government subsidies starting next year, the Swedish startup announced Monday.

The Uniti One is meant to be a budget alternative to the new crop of premium EVs coming from Tesla and the European luxury brands. In that sense, it's a very traditional electric, built to be an urban runabout, with all of the advantages and disadvantages inherent to its three-seater form factor.

This is a homecoming for the Uniti One in a way, as the Swedish-designed EV was actually engineered in the UK. While its small size and emissions-free operation make it a solid choice for crowded London streets, its approximately 170-mile maximum range (with the optional 24 kwh battery) gives it some added versatility.

Its range will likely exceed that of several upcoming EVs, like the Honda E and possibly the replacement for Fiat's 500e, but its size will be a disadvantage for those who don't absolutely need something so tiny.

Those who only need the basic 12-kwh battery get to take advantage of lightning-fast charging times; juicing up from 20 to 80 percent charger takes only nine minutes at a 50-kw charging station.

Sadly, one of the best perks of owning a Uniti One in Sweden will not make the trip across the channel when the tiny EV goes on sale: free charging. Buyers in Sweden get five years of free home charging powered by a solar panel array; those in the UK are not so lucky, at least for now.

Uniti calls it a “smartphone car,” and we think that sums it up. While some EV customers may be comfortable with the idea of a car that is likened to a quasi-disposable consumer appliance, that notion, along with the aforementioned tiny footprint, will likely preclude any introduction in the U.S., where the private vehicle fleet is more than a decade old, on average.

GM-UAW deal calls for 9,000 jobs, $9,000 ratification bonus, e-truck at Detroit-Hamtramck

CLOSE Joe Krapohl, 64, of Otisville has spent more than 30 years working at GM as a toolmaker. He is a third-generation employee on the strike line outside the Flint Assembly Plant. Phoebe Wall Howard, Detroit Free Press The proposed deal between General Motors and the UAW includes promised investments in U.S. manufacturing that would… Continue reading GM-UAW deal calls for 9,000 jobs, $9,000 ratification bonus, e-truck at Detroit-Hamtramck

Fiat Chrysler faces $79 million U.S. penalty for fuel economy shortfall

A Fiat Chrysler Automobiles (FCA) sign is seen at its U.S. headquarters in Auburn Hills, Michigan, U.S. May 25, 2018. REUTERS/Rebecca Cook WASHINGTON (Reuters) – Fiat Chrysler Automobiles NV (FCHA.MI) faces a $79 million U.S. civil penalty for failing to meet 2017 fuel economy requirements, the automaker confirmed Wednesday. The Italian-American automaker paid $77.3 million… Continue reading Fiat Chrysler faces $79 million U.S. penalty for fuel economy shortfall

Experience, not nationality, key for new CEO at France’s Renault – minister

PARIS, Oct 15 (Reuters) – Experience in overhauling a company and a track record in industry will be more important than nationality when carmaker Renault chooses a new chief executive, France's junior economy minister said on Tuesday.
Renault, in which the French government owns a 15% stake, last week kicked off the search for a new leader after ousting CEO Thierry Bollore, hoping new blood will help it repair relations and strengthen a partnership with Japan's Nissan , which has also switched top managers.
The French state, with a boardroom vote on Bollore's successor, is open to casting the net wide, junior minister Agnes Pannier-Runacher told Reuters.
“When we had to find the best profile for someone to lead Air France, we got someone who is not French – very well,” said Pannier-Runacher, referring to ex-Air Canada boss Ben Smith's appointment last year at the airline, in which Paris also holds a stake.
“It's the best profile that counts here, someone that ..