Ford’s electric Mustang dragster delivers over 1,400 horsepower

Sponsored Links Ford The Mustang Mach-E crossover isn’t available to customers yet, but Ford is showing off another example of what an electric Mustang coupe could be like with this prototype racer. The Mustang Cobra Jet 1400 is its first factory-built prototype with an all-electric powertrain, that the company said is capable of over 1,400… Continue reading Ford’s electric Mustang dragster delivers over 1,400 horsepower

Detroit automakers, UAW to continue talks over reopening U.S. plants

FILE PHOTO: An American flag flies in front of the United Auto Workers union logo on the front of the UAW Solidarity House in Detroit, Michigan, September 8, 2011. REUTERS/Rebecca Cook/File Photo (Reuters) – The United Auto Workers (UAW) said late Wednesday discussions are still underway with Detroit’s Big Three automakers to safely restart U.S.… Continue reading Detroit automakers, UAW to continue talks over reopening U.S. plants

GM ending car-sharing service Maven

Detroit — General Motors Co. will shut down Maven, the car-sharing service it debuted in 2016 as the wave of the future. The automaker had already suspended the service about a month ago due to market conditions created by the coronavirus pandemic — after all, nobody wanted to share a vehicle with a stranger in this time of social-distancing. GM said that… Continue reading GM ending car-sharing service Maven

@Groupe PSA: First quarter 2020 sales

in €m Q1 2019 Q1 2020 Reported At constant scope & curr. Sales 4,325 3,739 -13.5% -19.7% By region Europe North America Asia South America Rest of the World 2,217 1,117 798 150 43 1,931 1,014 635 127 32 -12.9% -9.2% -20.4% -15.2% -26.2% -16.4% -18.3% -33.9% -2.1% -21.5% Q1 SALES IMPACTED BY COVID-19 DISRUPTION… Continue reading @Groupe PSA: First quarter 2020 sales

No takers: Hyundai cars sit in U.S. ports as virus keeps buyers away

SEOUL (Reuters) – As Detroit’s automakers shut production in March due to the coronavirus pandemic, South Korea’s Hyundai Motor cranked up its factories back home to ship cars to the United States, a move that is proving costly for the world’s fifth-largest auto group. FILE PHOTO: A man walks past the logo of Hyundai Motor… Continue reading No takers: Hyundai cars sit in U.S. ports as virus keeps buyers away

Fiat Chrysler draws down on 6.25 billion euro credit facility

FILE PHOTO: A Fiat Chrysler Automobiles (FCA) sign is at the U.S. headquarters in Auburn Hills, Michigan, U.S. May 25, 2018. REUTERS/Rebecca Cook/File Photo (Reuters) – Fiat Chrysler Automobiles N.V. (FCAU.N) (FCHA.MI) said on Tuesday it had drawn down on a 6.25 billion euro ($6.79 billion) credit line to buffer its cash reserves during the… Continue reading Fiat Chrysler draws down on 6.25 billion euro credit facility

Cruise hires PG&E board chairman Jeff Bleich as chief legal officer

Cruise, the subsidiary of GM that also has backing from SoftBank Vision Fund, automaker Honda and T. Rowe Price & Associates, is turning to a heavy hitter to head up its legal team. The autonomous vehicle technology company has hired Jeff Bleich, board chairman of utility Pacific Gas & Electric, as its chief legal officer.… Continue reading Cruise hires PG&E board chairman Jeff Bleich as chief legal officer

@Ford: Ford is on a Mission to Make Cars Quieter with a New ‘Whisper Strategy’

Where once drivers had to shout to make themselves heard above certain speeds, modern day cars are comparative oases of calm where conversations and music are clearly audible, even at low volumes. Ford’s “Whisper Strategy” delivers lots of small noise improvements around the vehicle that add up to a big difference, helping make journeys more… Continue reading @Ford: Ford is on a Mission to Make Cars Quieter with a New ‘Whisper Strategy’

Press: ZF Zhangjiagang Braking plant delivers its 20 millionth caliper

Since SOP in 2015, the ZF Zhangjiagang Braking plant has produced 20 million calipers in 4.5 years Products at top quality, with Parts Per Million (PPM) defect rate under 0.35 ZF, the pioneer of motor-on-caliper Electric Park Brake technology, offers significant advantages in weight reduction, enhanced fuel economy, and is an outstanding embodiment of intelligent… Continue reading Press: ZF Zhangjiagang Braking plant delivers its 20 millionth caliper