Roll-Royce boss Torsten Mueller-Otvoes on the new Cullinan

The hotly anticipated Cullinan is finally here, so we’ve caught up with the boss of the brand, Torsten Mueller-Otvoes, to gauge what impact it’s likely to have on his company. Just how important to Rolls-Royce’s future is the launch of Cullinan? It’s enormously important. Cullinan redefines the parameters of super-luxury travel. Our customers have been… Continue reading Roll-Royce boss Torsten Mueller-Otvoes on the new Cullinan

After Fatal Uber Crash, a Self-Driving Start-Up Moves Forward

Because the cars are equipped with sensors that gather information about their surroundings by sending out pulses of light — as well as radar and an array of cameras — the cars could potentially operate at night as well. But the start-up decided to keep a tight rein on its service before gradually expanding the… Continue reading After Fatal Uber Crash, a Self-Driving Start-Up Moves Forward

Opel boss Michael Lohscheller: “I look at the personnel costs – and there we are too high”

Michael Lohscheller Lohscheller’s company is heading for the 20th year in a row. (Photo: picture alliance / Arne Dedert / d) Lohscheller is actually a specialist for the long distance. Last Sunday, the 49-year-old completed the 105th marathon of his life in Mainz in a remarkable 3:48 hours. As a boss of the loss-making car… Continue reading Opel boss Michael Lohscheller: “I look at the personnel costs – and there we are too high”

Gov’t, GM agree to inject 7.7 tln won into normalizing S. Korean unit of U.S. carmaker

SEOUL, May 10 (Yonhap) — The South Korean government and General Motors Co. reached an agreement Thursday to spend 7.7 trillion won (US$7.16 billion) on keeping the troubled South Korean unit of the U.S. carmaker afloat. The agreement reached between Seoul’s finance minister and GM International President Barry Engle also calls for the Detroit-based automaker… Continue reading Gov’t, GM agree to inject 7.7 tln won into normalizing S. Korean unit of U.S. carmaker

Audi aims to sell 800,000 electrified cars in 2025

German carmaker Audi has announced that it plans to sell approximately 8 lakh electrified cars, including both fully electric and plug-in hybrid cars, in 2025. According to the company’s updated ‘Audi Vorsprung 2025’ strategy, it aims to enable about every third customer to decide in favour of an e-model by the middle of the next… Continue reading Audi aims to sell 800,000 electrified cars in 2025

2019 Vauxhall Corsa ‘won’t be compromised’ despite ditching GM architecture

The new Vauxhall Corsa “will not be compromised in any way” despite being developed in less than two years by PSA Group after a signed-off design based on previous owner General Motors’ (GM) architecture was axed. A revised Corsa was set to be launched this year, sitting on a modified version of GM’s Astra platform (it was… Continue reading 2019 Vauxhall Corsa ‘won’t be compromised’ despite ditching GM architecture

UPDATE 5-Ford says lost truck production will hit 2nd qtr earnings

DETROIT (Reuters) – Ford Motor Co (F.N) is working with a key supplier to shift some parts production from Michigan to Ontario, Canada, after a fire and subsequent parts shortages forced the automaker to halt manufacturing of its highly profitable full-size pickups, according to sources familiar with the companies’ plans. The Ford logo is seen… Continue reading UPDATE 5-Ford says lost truck production will hit 2nd qtr earnings

UPDATE 1-Ford chairman says ‘fairly large’ changes in store for automaker

* Still ‘big things to do’ – Ford chairman * Restructuring could affect regional operations * Savings may fund technology, restructuring, shareholder returns (Adds context on Ford’s reliance on truck sales, closing share price) By Joseph White DETROIT, May 9 (Reuters) – Ford Motor Co shareholders should expect “fairly large” changes in the coming year,… Continue reading UPDATE 1-Ford chairman says ‘fairly large’ changes in store for automaker

McLaren Automotive celebrates its cars being ‘Built in Britain’ at the 2018 London Motor Show

9 May 2018 McLaren Automotive helps to celebrate the best of British manufacturing at the London Motor Show, May 17-20, at ExCeL London Award-winning McLaren Super Series and Sports Series models on display within ‘Built in Britain’ area Proudly British company continues to invest in the UK, its second-largest market by sales volume Construction of… Continue reading McLaren Automotive celebrates its cars being ‘Built in Britain’ at the 2018 London Motor Show

Ford Takes Steps to Ensure Supply Continuity and Availability of Products for Customers Despite Fire at Parts Supplier

Ford Motor Company said it is working to mitigate U.S. production losses after a May 2 fire at a parts supplier Parts shortages resulting from the fire at Meridian Magnesium Products of America’s plant supply issue is currently impacting F-150 production at Ford’s Kansas City Assembly and Dearborn Truck plants. Other plants and products have… Continue reading Ford Takes Steps to Ensure Supply Continuity and Availability of Products for Customers Despite Fire at Parts Supplier