FILE PHOTO: Ola Kaellenius, CEO of German luxury car manufacturer Daimler AG, speaks at the annual results news conference in Stuttgart, Germany, February 11, 2020. REUTERS/Andreas Gebert (Reuters) – Daimler AG Chief Executive Ola Kaellenius said Tuesday the automaker has ‘no issues’ securing electric vehicle battery cells, and is ramping up battery production to meet… Continue reading Daimler CEO says ‘no issues’ with supplies of electric vehicle battery cells
Tag: Manufacturing
Martinrea International Inc. Completes Purchase of Structural Components for Passenger Cars Division of Metalsa S.A. de C.V.
TORONTO, March 02, 2020 (GLOBE NEWSWIRE) — Martinrea International Inc., a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, today announced it has completed the acquisition of the Structural Components for Passenger Cars operations of Metalsa S.A. de C.V. The purchase price… Continue reading Martinrea International Inc. Completes Purchase of Structural Components for Passenger Cars Division of Metalsa S.A. de C.V.
Brexit: Peugeot could seek compensation to keep UK factory open
Vauxhall British government should cover cost of a bad deal for Vauxhall plant, boss suggests A Vauxhall worker at Ellesmere Port, Cheshire. The factory is seen as vulnerable and its owner, PSA, has already stopped investing in it. Photograph: Bloomberg/Bloomberg via Getty Images Peugeot could demand compensation from the British government to keep its Vauxhall… Continue reading Brexit: Peugeot could seek compensation to keep UK factory open
(LEAD) Renault Samsung to launch XM3 SUV next week
(ATTN: UPDATES with details in paras 5-7) SEOUL, March 3 (Yonhap) — Renault Samsung Motors Corp., the South Korean unit of Renault S.A., said Tuesday it will launch its all-new XM3 sport utility vehicle next week to revive lackluster sales. The XM3 SUV, which hits the domestic market on Monday, comes in two versions, one… Continue reading (LEAD) Renault Samsung to launch XM3 SUV next week
Mercedes R&D boss: EQC production is “learning curve”
The supply chain issues for Mercedes’ EQC electric SUV have presented a steep learning curve, according to Mercedes R&D board member Markus Schafer, but he says the maker is back on track to produce 50,000 EQCs this year. Issues with Mercedes’ battery supplier, LG Chem, had led to widespread reports that Mercedes would not fulfil its… Continue reading Mercedes R&D boss: EQC production is “learning curve”
New Koenigsegg Gemera revealed as 1700bhp four-seat hybrid
Koenigsegg has revealed the Gemera as a highly potent four-seater that promises the Swedish firm’s trademark blend of refinement and straight-line pace. The surprise new model is described as a ‘mega-GT’, and, unlike anything else in Koenigsegg’s line-up, it’s claimed to seat four adults comfortably with ample room for luggage. Like the brand’s Jesko hypercar flagship, the… Continue reading New Koenigsegg Gemera revealed as 1700bhp four-seat hybrid
PSA Ellesmere Port factory investment will hang on EU trade deal
PSA boss Carlos Tavares remains “eager to invest” in Vauxhall’s Ellesmere Port factory should a suitable business case be made for it off the back of UK-EU trade deal talks. However, should tariffs be imposed on cars or car parts then Tavares said the UK government would need to make the investment as it “would not be… Continue reading PSA Ellesmere Port factory investment will hang on EU trade deal
Hispano Suiza Carmen Boulogne is 1099bhp performance EV
Revived luxury car marque Hispano Suiza has revealed an upgraded version of its Carmen electric grand tourer, inspired by the brand’s motorsport heritage. Called the Carmen Boulogne in reference to one of the Spanish firm’s historic race cars, the limited-run luxury car is claimed to offer substantial performance and handling upgrades over the standard car,… Continue reading Hispano Suiza Carmen Boulogne is 1099bhp performance EV
McLaren 765LT revealed: more power, less weight, looks the same
Last year we raved about the 600LT Spider, observing that it wouldn’t be too long before the LT range adopted the 4.0-litre V8 engine from McLaren’s “Super” series of cars (the middle tier of the company’s output, sandwiched by the Sports and Ultimate ranges).The new 755bhp/590lb ft 765LT coupé uses the 3,994cc twin-turbo V8 and seven-speed sequential gearbox with a memory function so that even if you request a downshift that might over-rev the engine, it will make that shift only when the engine and road speed will allow it.For the first time in the LT range, each car will be numbered and production will be capped at, you’ve guessed, 765.
@Geely: Operations Resume at Kandi Technologies and Subsidiaries
JINHUA, CHINA, March 03, 2020 (GLOBE NEWSWIRE) — Kandi Technologies Group, Inc. (the “Company,” “we” or “Kandi”) (NASDAQ GS: KNDI), today announced that full operations have resumed at the Company and its subsidiaries and affiliates. Affiliate Fengsheng Automotive Technology Group (“Fengsheng”), which produces the Maple Model 30X, resumed production at the end of February. The… Continue reading @Geely: Operations Resume at Kandi Technologies and Subsidiaries