Car share operators jump in as Paris Autolib scheme withers

PARIS (Reuters) – A string of private car-share operators are revving up business in Paris as the pioneering city-run Autolib scheme comes to an end and city authorities promote car sharing over private ownership. A woman rides a bike-sharing service Ofo bicycle during a presentation of new alternative urban mobility options at Paris city hall,… Continue reading Car share operators jump in as Paris Autolib scheme withers

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Multimatic Fell Short On Production Target For 2017 Ford GT

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Multimatic Fell Short On Production Target For 2017 Ford GT

18 Jul 2018, 15:33 UTC · by Mircea Panait
/ Home / News / Industry

Introduced without anyone knowing that would hit them at the 2018 North American International Auto Show in Detroit, the second-generation Ford GT is not your usual supercar. In addition to the heritage, performance, and success in the World Endurance Championship, the GT also happens to be an exclusive breed.
9 photosThe first example rolled off the assembly line in Canada towards the end of 2016, and at the time, the Ford Motor Company confirmed that Multimatic Inc. would build 1,000 units over a period of four years. But as it happens, the automotive manufacturing and engineering outfit fell short on the production target for 2017.
After reaching out to Ford, our friends at Motor Authority found out that 138 examples (out of 250 planned) were built in 2017 by the automaker’s Canadian partner. “We built into our process an extended ramp-up due to several factors such as global homologation testing and supplier constraints,” explained a spokesman.
The problem that Multimatic faced with the first units of the GT was the rate of manufacture, “some supplier issues, and some minor delays in painting the special Victory cars.” To this effect, the 112 vehicles that should’ve been built in 2017 will be finished for the 2018 model year. On that note, can Multimatic pull it off?
“We’re sticking to our initial commitment of 1,000 vehicles,” further added the spokesman, explaining that Ford is committed to “building the vehicle for at least four years.” By using at least in his explanation, the official might’ve indicated that Ford will push back the end of production by a handful of months.
For people like you and me, this might not appear to be a problem. But for those who have placed an order or paid their cars in full without even getting a notice about the delay, the Ford Motor Company has some apologies to make.
On that note, is there anything left to squeeze out of the 3.5-liter twin-turbocharged EcoBoost V6? In its most aggressive tune, the engine currently develops 647 horsepower (656 PS) and 550 pound-feet (746 Nm) of torque.

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Ridecell New Mobility Cloud Powers the All-New ReachNow App Integrating Carsharing and Ridesharing

SAN FRANCISCO, July 18, 2018 /PRNewswire/ — Ridecell Inc., the platform of choice for leading carsharing, ridesharing, and autonomous fleet operators, today announced that its new mobility cloud service is powering the new ReachNow App, which makes ReachNow the first company in the world to operate both car sharing and ride hailing services within a… Continue reading Ridecell New Mobility Cloud Powers the All-New ReachNow App Integrating Carsharing and Ridesharing

Formula E: Renault passes the torch to Nissan

Tuesday 17 July 2018 by Eleonore BARREYRE – Sports Eleonore BARREYRE Share on Twitter Share on Facebook Share on LinkedIn Share on Pinterest Four years of success, innovation and emotion! In October 2017, Renault announced that it was withdrawing from the FIA Formula E Championship–the fully electric, single-seater competition–at the end of the fourth season.… Continue reading Formula E: Renault passes the torch to Nissan

Honda Civic Type R to be refreshed next year in hot hatch title defence

Honda will respond to increasingly tough competition against the Civic Type R by refreshing the 316bhp model for 2019. Seen here testing in Germany, the British-built Japanese hot hatch is due to receive minor design changes including tweaked bumpers and new headlights, as shown by the placement of camouflage on the development car. Honda is also… Continue reading Honda Civic Type R to be refreshed next year in hot hatch title defence

UPDATE 1-Ford agrees to $299.1 mln U.S. Takata air bag settlement

WASHINGTON (Reuters) – Ford Motor Co (F.N) agreed to a so-called economic loss settlement of $299.1 million covering at least 6 million U.S. vehicles with potentially faulty Takata air bag inflators, court documents filed in a federal court in Miami on Monday show. The Ford logo is pictured on the company’s stand during the 88th… Continue reading UPDATE 1-Ford agrees to $299.1 mln U.S. Takata air bag settlement

Ford agrees to $299.1 mln U.S. Takata ‘economic loss’ settlement

WASHINGTON (Reuters) – Ford Motor Co (F.N) agreed to a $299.1 million so-called economic loss settlement covering at least 6 million U.S. vehicles with potentially faulty Takata air bag inflators, court documents filed in a federal court in Miami on Monday show. The Ford logo is pictured on the company’s stand during the 88th Geneva… Continue reading Ford agrees to $299.1 mln U.S. Takata ‘economic loss’ settlement