NEW YORK, June 7 (Reuters) – Cosworth, the British automotive engineering company famous for the engines it once made for Formula One racing teams, plans an initial public offering (IPO) in New York as early as next year, Chairman Kevin Kalkhoven said on Thursday. Cosworth has broadened its focus in recent years from manufacturing engines… Continue reading British automotive company Cosworth eyes New York IPO in 2019
Tag: Ford
Ford launches countdown at Blanquefort
The deadline is now engraved in the marble. Ford announced Thursday the opening of a plan to safeguard employment at its plant in Blanquefort, Gironde. A first meeting with the unions of this site specialized in the manufacture of transmissions must be held on June 26th. “To launch the procedure of information-consultation makes it possible… Continue reading Ford launches countdown at Blanquefort
Manage Your Fleet by Connecting to Better Data with Ford Commercial Solutions
Ford Commercial Solutions is introducing two new connected vehicle products designed to provide fleets with key insights about their own performance and solutions to help improve their business The new Data Services product gives fleet managers and telematics service providers direct access to valuable OEM-grade vehicle data, allowing them to better manage their fleets A… Continue reading Manage Your Fleet by Connecting to Better Data with Ford Commercial Solutions
Populist Doug Ford set to win Ontario polls, promises prosperity
TORONTO (Reuters) – The Progressive Conservative Party, led by populist Doug Ford, is on track for a sweeping victory in Canada’s most populous province, Canadian networks projected on Thursday, as Ford declared the province is “open for business.” Progressive Conservative (PC) leader Doug Ford attends his election night party with his wife Karla Ford (L)… Continue reading Populist Doug Ford set to win Ontario polls, promises prosperity
Ford’s Automatic Transmission Facility in Bordeaux, France, Starts Information and Consultation Process; Priority Remains to Find a New Owner
Ford Aquitaine Industries (FAI) starts an information and consultation process to provide clarity for workforce Priority remains to find a viable new owner with a sustainable business plan for FAI, with good progress to date Comprehensive social plan includes redeployment, early retirement programs, and measures to help employees find new employers should no new owner… Continue reading Ford’s Automatic Transmission Facility in Bordeaux, France, Starts Information and Consultation Process; Priority Remains to Find a New Owner
Ford plans to close Bordeaux plant if no buyer found
PARIS (Reuters) – Ford (F.N) plans to close its Blanquefort gearbox plant in southwestern France if no buyer can be found for the site, which employs 900 workers, the U.S. carmaker said on Thursday. The Ford logo is seen at the New York Auto Show in the Manhattan borough of New York City, New York,… Continue reading Ford plans to close Bordeaux plant if no buyer found
Volvo Cars announces new business ambitions
Volvo Cars announces new business ambitions Volvo Cars, the premium car maker, has announced new financial and operational ambitions that will position the company as a leading player in the global automotive business by the middle of the next decade. On the operational side, it expects to generate half of all sales annually… Continue reading Volvo Cars announces new business ambitions
General Motors President Leaves Lyft’s Board, Picks Replacement
General Motors Co. President Dan Ammann is stepping down from the board of directors at Lyft Inc., the ride-hailing company said Wednesday. The announcement is the latest sign that GM and Lyft haven’t become the close allies that they once hoped to be. Maggie Wilderotter, a former telecommunications executive who sits on Hewlett Packard Enterprise… Continue reading General Motors President Leaves Lyft’s Board, Picks Replacement
Press Releases – Latest diesel cars emit low on-road pollutant emissions, contrary to recent misleading claims
Brussels, 6 June 2018 – Contrary to misleading claims in a new report, the latest Euro 6d diesel cars emit low pollutant emissions on the road under the new Real Driving Emissions (RDE) test, which came into application in September 2017. Under RDE, a car is driven on public roads over a wide range of… Continue reading Press Releases – Latest diesel cars emit low on-road pollutant emissions, contrary to recent misleading claims
Tesla's Musk again says company is close on Model 3 production
Tesla’s Elon Musk says the electric-car maker will produce 5,000 Model 3s a week by the end of June — twice the rate estimated by Bloomberg’s Model 3 Tracker. (Photo: John Raoux / AP, file) Tesla Inc. CEO Elon Musk vowed Tuesday that his teams would hit Model 3 production targets by the end of June, and he predicted… Continue reading Tesla's Musk again says company is close on Model 3 production