An employee works on the assembly line installing parts on the Duratech 35 V6 engine at the Ford Motor Co. Engine Plant in Lima, Ohio, U.S. on Friday, March 28, 2014. Ty Wright | Bloomberg | Getty Images DETROIT — Ford Motor expects to take a pretax hit of about $2.2 billion in the fourth-quarter… Continue reading Ford expects $2.2 billion pretax hit due to pension plans, retirement benefits in Q4
Tag: Ford
How Benteler aims to cut EV entry costs with ‘skateboard’ – Automotive News Europe
The Benteler/Bosch platform is a so-called “skateboard,” in which the battery cells are laid flat between the front and rear wheels, with drive and suspension modules at either end. Benteler Automotive specializes in chassis and structural elements, as well as exhaust systems and e-mobility modules. The skateboard design required a new way of thinking about… Continue reading How Benteler aims to cut EV entry costs with ‘skateboard’ – Automotive News Europe
Press Releases – Auto industry sets out plan for carbon neutrality under EU Green Deal, amid shrinking market
Brussels, 22 January 2020 – Forecasting the first downturn in EU car sales in seven years this year, the European Automobile Manufacturers’ Association (ACEA) today outlined the major challenges faced by the EU auto industry, as it embarks on the transition to carbon-neutral transport. “One of the biggest drivers of change for our sector is… Continue reading Press Releases – Auto industry sets out plan for carbon neutrality under EU Green Deal, amid shrinking market
Cruise’s self-driving electric shuttle is made for ridesharing
Cruise still isn’t ready to say when its autonomous vehicle will be available, but now it’s shown off the Origin, a GM-built electric shuttle van that doesn’t have a steering wheel or pedals. Instead it’s fully self-driving, intended to be a shareable, modular vehicle that can handle being on the road all the time. It’s… Continue reading Cruise’s self-driving electric shuttle is made for ridesharing
@Ford: Austin Announces Winners of City:One Challenge
After working collaboratively with Ford Motor Company, AT&T, Dell Technologies and Microsoft, the city of Austin today announces its two winning projects from the City:One Challenge™ The winners, Good Apple and Tappy Guide, will split $150,000 – after the Austin Transportation Department added $50,000 in additional prize money – to fund a pilot program that… Continue reading @Ford: Austin Announces Winners of City:One Challenge
Former Ford CEO Mark Fields On Tesla And EV Demand: Video
Former Ford CEO Mark Fields was recently asked in CNBC‘s “Squawk on the Street” about Tesla and EVs. As we already heard what Bob Lutz thinks about Tesla, it was quite interesting to see another point of view. Fields noted that electric vehicles are clearly the future of the automotive industry, although adoption rates and… Continue reading Former Ford CEO Mark Fields On Tesla And EV Demand: Video
Hyundai Aura may fly high with a firm footing
NEW DELHI: Hyundai is pinning its hopes on Aura to reclaim apex position in the compact sedan segment. The upcoming Hyundai offering – Aura – is backed by a segment-first 1.2-litre, BS-VI compliant, Ecotorq diesel engine. At a time, when carmakers are taking their foot off the small displacement diesel powertrains, Hyundai believes a third… Continue reading Hyundai Aura may fly high with a firm footing
Press Releases – Natural and renewable gas: Joint call to accelerate the deployment of refuelling infrastructure
Brussels, 21 January 2020 – The European Biogas Association (EBA), the Natural & bio Gas Vehicle Association (NGVA Europe) and the European Automobile Manufacturers’ Association (ACEA) are calling on EU policy makers to accelerate the deployment of infrastructure to deliver natural gas and renewable gas/biomethane across the European Union. Europe needs to trigger a successful… Continue reading Press Releases – Natural and renewable gas: Joint call to accelerate the deployment of refuelling infrastructure
Ferrari’s American Supercar Rival Has Big Changes Coming – CarBuzz
Scuderia Cameron Glickenhaus is making some 320 changes to the 003S, which is, you know, a lot. Scuderia Cameron Glickenhaus – the boutique, low-volume supercar manufacturer started by film producer and noted car fanatic James Glickenhaus – is still ticking. Most recently, the company thwarted the Ford Bronco at the Baja 1000 with its Boot… Continue reading Ferrari’s American Supercar Rival Has Big Changes Coming – CarBuzz
Self-drive rental platform Zoomcar raises $30m from Sony fund, others
The Sony Innovation Fund was set up by Japanese technology giant Sony in June 2019 in partnership with Daiwa Capital Holdings to invest in growth-stage technology companies. Zoomcar plans to deploy the capital for growth, to improve its technology and data science infrastructure, besides upgrading its IoT capability that is currently being used for its… Continue reading Self-drive rental platform Zoomcar raises $30m from Sony fund, others