Automobili Lamborghini crosses billion Euro turnover threshold

Worldwide sales grow for seventh consecutive year to 3,815 units Turnover increases by 11% to 1,009 Mio. Euro, the best ever Sustained, profitable growth path evidenced Super SUV Urus, presented in December 2017, doubles production capacity and creates new jobs Company maintains optimistic corporate outlook Sant’Agata Bolognese, 15 March 2018 – In Fiscal Year 2017… Continue reading Automobili Lamborghini crosses billion Euro turnover threshold

Analyst: F-Series one reason to bet on Ford

Ford’s F-150 franchise might be worth more than the entire company, Adam Jonas said. (Photo: Ford) Ford Motor Co.’s F-150 franchise might be worth more than the entire company, according to Morgan Stanley equity analyst Adam Jonas. That’s one reason the Wall Street analyst on Wednesday raised his price target for the company from $10… Continue reading Analyst: F-Series one reason to bet on Ford

Mazda, ELIIY Power and Ube Industries Agree to Jointly Develop 12-Volt Lithium-ion Starter Batteries for Vehicles

2018/03/15 Products and Technology Developing Safe, Durable Lithium-ion Batteries to Replace Lead-Acid Batteries HIROSHIMA, Japan-Mazda Motor Corporation, ELIIY Power Co., Ltd. and Ube Industries, Ltd. have agreed to jointly develop lithium-ion batteries for use in automobiles. The three companies will work together to develop durable, heat- and impact-resistant 12-Volt lithium-ion batteries as a viable replacement… Continue reading Mazda, ELIIY Power and Ube Industries Agree to Jointly Develop 12-Volt Lithium-ion Starter Batteries for Vehicles

Press Release – Magna and Lyft Announce a Multi-Year Partnership to Develop and Manufacture Self-Driving Systems at Scale

Please click HERE for a PDF version of the release. Magna and Lyft will fund and develop self-driving systems Co-developed self-driving systems can be deployed on the Lyft network as well as for the entire automotive industry The partnership will benefit from data generated by the 5+ billion miles traveled per year on the Lyft… Continue reading Press Release – Magna and Lyft Announce a Multi-Year Partnership to Develop and Manufacture Self-Driving Systems at Scale

Tesla says Model S, Model X production efficiency much improved

(Reuters) – Tesla Inc said the number of labor hours needed to produce its Model S and Model X cars have decreased considerably, following the latest report of quality problems that could prevent the carmaker from hitting its production targets. The body of a Tesla Model S is transported by an automated crane at the… Continue reading Tesla says Model S, Model X production efficiency much improved

Auto parts maker Magna invests $200 million in Lyft

(Reuters) – Canadian automotive parts supplier Magna International Inc said on Wednesday it will invest $200 million in Lyft Inc and work with the U.S. ride-hailing firm to manufacture self-driving cars. FILE PHOTO – An illuminated sign appears in a Lyft ride-hailing car in Los Angeles, California, U.S. September 21, 2017. REUTERS/Chris Helgren The news… Continue reading Auto parts maker Magna invests $200 million in Lyft

BREAKTHROUGH IN LIGHTWEIGHT BIOMATERIALS GAINS MOMENTUM

As Faurecia’s NAFILean™ lightweight hemp-based biomaterials are increasingly adopted by OEMs, the company has developed new figures showing the significant energy and environmental benefits of the innovative breakthrough. Not to mention a positive impact on agriculture. Following their initial registration with Peugeot PSA, the biomaterials are now being used in the car parts of six… Continue reading BREAKTHROUGH IN LIGHTWEIGHT BIOMATERIALS GAINS MOMENTUM

ISUZU Established a new factory to produce light-duty truck engines within its Tochigi Plant

March 5, 2018 ISUZU Established a new factory to producelight-duty truck engines within its Tochigi Plant ISUZU MOTORS LIMITED(headquartered in Shinagawa Tokyo and headed by Masanori Katayama, President and Representative Director, hereinafter called “Isuzu”) has established a new factory to produce a new series of diesel engines for light-duty trucks. The location is on the… Continue reading ISUZU Established a new factory to produce light-duty truck engines within its Tochigi Plant

Ford Motor Company Issues Two N.A. Safety Recalls

DEARBORN, Mich., March 14, 2018 – Ford Motor Company is issuing two safety recalls in North America. Details are as follows: Select 2014-18 Ford Fusion and Lincoln MKZ vehicles for loose steering wheel bolts that could lead to a steering wheel detaching from steering column Ford is issuing a safety recall in North America for… Continue reading Ford Motor Company Issues Two N.A. Safety Recalls

Car manufacturer invests 100 million euros: Daimler builds battery plant in Thailand

All articles and backgrounds 03/14/2018 Car manufacturer invests 100 million euros Daimler builds battery plant in Thailand DPA Daimler boss Dieter Zetsche with an electric car study of its group: Batteries wants to produce the enterprise also in Thailand in the future. The carmaker Daimler Show stock market chart wants to produce the batteries for… Continue reading Car manufacturer invests 100 million euros: Daimler builds battery plant in Thailand