Volkswagen AG, unveiling a version of the revamped Jetta sedan, said it’ll invest more than $3.3 billion in North America to help lift the brand out of irrelevance in the U.S. The spending through 2020 will mostly go toward new models, including two more planned sport utility vehicles designed to finally turn VW’s fortunes, after lingering at… Continue reading VW Brand to Invest $3.3 Billion in Quest for U.S. Relevance
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China Digest: Kintor Pharma, CalmCar, MLog, Yida Media raise funding
January 15, 2018 Five Chinese startups have raised a total of $81.6 million from venture capital and private equity companies in China, according to a China Money Network report. Kintor Pharmaceuticals raises $44 million Series C Chinese pharmaceutical research company Suzhou Kintor Pharmaceutical Inc has raised $44 million in a Series C funding round led by… Continue reading China Digest: Kintor Pharma, CalmCar, MLog, Yida Media raise funding
Ford Doubling Electric Vehicle Spending to $11 Billion by 2022
Ford Motor Co. will more than double spending on electrified vehicles, amplifying its investment in a segment that still comprises a fraction of the auto market. The carmaker will shell out $11 billion by 2022, Jim Farley, president of global markets, said during a presentation at the Detroit auto show. That’s up from the $4.5… Continue reading Ford Doubling Electric Vehicle Spending to $11 Billion by 2022
Chao promises 'tech-neutral' robot car approach
CLOSE United States Secretary of Transportation Elaine Chao talks about the future of technology in the automobile industry at Cobo Center during a press event at the Detroit Auto Show. Daniel Mears, The Detroit News United States Secretary of Transportation Elaine L. Chao speaks in the Cobo Center Atrium in Detroit, Michigan on January 14,… Continue reading Chao promises 'tech-neutral' robot car approach
Why We Need Electric Vehicle Concepts, + The RAESR & Its Wild Tachyon Speed
January 14th, 2018 by Nicolas Zart No doubt about it, proof-of-concept cars are cool, but rarely practical. Despite their unobtainium status, they are nonetheless very much needed. Here’s why. The RAESR Wild Tachyon Speed Proof Of Concept Mainstream car manufacturers would be happy if nothing changed. They modestly change the four-wheel people haulers every year… Continue reading Why We Need Electric Vehicle Concepts, + The RAESR & Its Wild Tachyon Speed
Jaguars 45, Steelers 42 | Divisional round: Jaguars Stun Steelers to Reach A.F.C. Championship Game
In an on-field interview with CBS after the game, Bortles said the Jaguars came in knowing they would need to battle. “The guys played with confidence all day long,” he said of his teammates. “Obviously with what they have on their side of the ball, it’s a good team with a good offense, so we… Continue reading Jaguars 45, Steelers 42 | Divisional round: Jaguars Stun Steelers to Reach A.F.C. Championship Game
Top Automotive Industry News for Week of January 8 – January 14, 2017
Here is the most important news associated with the automotive industry identified by the SEA for the week January 8, 2018 – January 14, 2018. We hope it helps you stay up to speed on the key developments in our industry: -Automotive Manufacturing News- 2018 Detroit Auto Show Preview: Here’s What to Expect (Car &… Continue reading Top Automotive Industry News for Week of January 8 – January 14, 2017
UPDATE 1-Ford ups electric vehicle plans to $11 billion by 2022 – executive
(Reuters) – Ford Motor Co (F.N) will increase significantly its planned investments in electric vehicles to $11 billion by 2022, Chairman Bill Ford told reporters on Sunday at the Detroit auto show. This is up from a previously announced target of $4.5 billion by 2020. The investments will be made in full electric and plug-in… Continue reading UPDATE 1-Ford ups electric vehicle plans to $11 billion by 2022 – executive
Recaro partners with Ford on the Special Edition Mustang Bullitt, debuting at NAIAS
DETROIT, Jan. 14, 2018 /PRNewswire/ — “Steve McQueen is a legend. And Bullitt is a legend as well as the famous dark green Ford Mustang he drifted through San Francisco,” said Martin C. Klein, head of Recaro Automotive Seating. “Recaro is a perfect fit and we are honored to deliver our equally legendary performance seats for… Continue reading Recaro partners with Ford on the Special Edition Mustang Bullitt, debuting at NAIAS
Ford reveals all-new Ranger
Show Thumbnails Show CaptionsLast SlideNext Slide The Ranger’s body features a high beltline that emphasizes strength, while a raked grille and windshield provide an athletic appearance, designed to aid in aerodynamics and reduce wind noise.(Photo: Ford) Ford Motor Co. pulled the curtain off the new 2019 Ranger, bringing the midsize pickup back to North America… Continue reading Ford reveals all-new Ranger