Aspark’s electric Owl hypercar is finally ready to hatch after years of waiting – CNET

Boutique Japanese supercars are kind of a mixed bag. On the one hand, you get things like the Dome Zero, which was like a rad Japanese Lamborghini Countach. Still, on the other hand, you get stuff like the Mitsuoka Orochi, which is as close to an automotive styling crime against humanity as I’ve yet seen. One car… Continue reading Aspark’s electric Owl hypercar is finally ready to hatch after years of waiting – CNET

UPDATE 3-Tesla to build first European plant in Berlin, Musk says

FILE PHOTO: SpaceX owner and Tesla CEO Elon Musk speaks during a conversation with legendary game designer Todd Howard (not pictured) at the E3 gaming convention in Los Angeles, California, U.S., June 13, 2019. REUTERS/Mike Blake (Reuters) – Tesla Inc’s (TSLA.O) Chief Executive Officer Elon Musk said on Tuesday the electric car maker is going… Continue reading UPDATE 3-Tesla to build first European plant in Berlin, Musk says

TSX Accepts Notice of Intention to Make Normal Course Issuer Bid

AURORA, Ontario, Nov. 12, 2019 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG, NYSE: MGA) today announced that the Toronto Stock Exchange (“TSX”) had accepted its Notice of Intention to Make a Normal Course Issuer Bid (the “Notice”). Pursuant to the Notice, Magna may purchase up to 30,283,500 Magna Common Shares (the “Bid”), representing approximately… Continue reading TSX Accepts Notice of Intention to Make Normal Course Issuer Bid

MITSUBISHI MOTORS Introduces XPANDER CROSS

TOKYO, Nov 12, 2019 – (JCN Newswire) – MITSUBISHI MOTORS CORPORATION (MMC) today revealed an all-new crossover MPV – XPANDER CROSS – to join the XPANDER lineup. Inherited with MITSUBISHI MOTORS’ SUV DNA, the new model features more robust SUV exterior styling combined with the unique strengths from multi-purpose vehicles (MPV), and will be launched… Continue reading MITSUBISHI MOTORS Introduces XPANDER CROSS

Elon Musk: Tesla is going to build Gigafactory 4 in ‘Berlin area’

Elon Musk has confirmed that Tesla is going to build Gigafactory 4, a new vehicle factory, in the ”Berlin area” as they start listing jobs for the new factory. CEO Elon Musk has been talking about a full battery and vehicle factory in Europe for a while now. Several European countries have even launched campaigns to… Continue reading Elon Musk: Tesla is going to build Gigafactory 4 in ‘Berlin area’

Tesla is planning new monster Supercharger V3 station to connect LA and Phoenix

Tesla’s rollout of new Supercharger V3 stations has been slow, but it is about to ramp up – including with a large new 28-stall station to connect Los Angeles and Phoenix. CEO Elon Musk said that he wants the Supercharger network to cover “95% to 100% of the population in all active markets”. They had… Continue reading Tesla is planning new monster Supercharger V3 station to connect LA and Phoenix

Renault: Nissan contributes € 233 million for third quarter 2019 to Renault’s earnings

Boulogne-Billancourt, 11/12/2019 – Nissan released today its results for the second quarter of fiscal year 2019/2020 (April 1st, 2019 to March 31th, 2020).  Nissan’s results, published in Japanese accounting standards, for the second quarter of fiscal year 2019/2020 (July 1st to September 30th, 2019), after IFRS restatements, will have a positive contribution to Renault’s third… Continue reading Renault: Nissan contributes € 233 million for third quarter 2019 to Renault’s earnings

Renault: Renault F1 Team welcomes and supports Formula One’s initiative concerning the decarbonisation of the sport and announces its own plan focused on environmental and human concerns.

Renault F1 Team welcomes and fully supports the strategy announced by Formula One on 12 November 2019, which lays out voluntary targets leading to the decarbonisation of the sport by 2030. This announcement complements Formula One’s long-term vision for the direction of the sport starting from 2021. The far-reaching plan includes an evolution of sporting… Continue reading Renault: Renault F1 Team welcomes and supports Formula One’s initiative concerning the decarbonisation of the sport and announces its own plan focused on environmental and human concerns.

Chrysler prodded dealers to absorb glut of 40,000 unordered cars

Gabrielle Coppola, Bloomberg Published 10:23 a.m. ET Nov. 12, 2019 | Updated 10:27 a.m. ET Nov. 12, 2019 Fiat Chrysler Automobiles NV has been manufacturing more cars and trucks than its U.S. dealers are willing to accept, at one point creating a nationwide glut of about 40,000 unordered vehicles and stoking tension with some of… Continue reading Chrysler prodded dealers to absorb glut of 40,000 unordered cars

Tesla plans to build next factory in Berlin, Elon Musk says

Chiara Remondini and Christoph Rauwald, Bloomberg Published 3:58 p.m. ET Nov. 12, 2019 | Updated 4:04 p.m. ET Nov. 12, 2019 Elon Musk told an award ceremony crowd that Tesla Inc. plans to build its next factory near the German capital of Berlin, sending a stark message to some of the world’s most prestigious automakers… Continue reading Tesla plans to build next factory in Berlin, Elon Musk says