A key milestone was marked today at the Yorkshire manufacturing centre that from 2019 will start producing carbon fibre tubs for McLaren Automotive, the British creator of luxury sportscars and supercars. As darkness descended at the £50million McLaren Composites Technology Centre (MCTC) nearing completion in the Sheffield region, McLaren Automotive Chief Executive Mike Flewitt was… Continue reading McLaren Automotive inaugurates new carbon composites technology centre in Yorkshire in true McLaren style
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Automobile: the CO2 wall catches the builders
A paradox: it’s at the Detroit auto show, where a whole bunch of new 4x4s and other pickups are presented, that the builders say a little more about their situation in front of them. at the famous European “CO2 wall” . While Brussels has set relatively restrictive standards for 2021, the CEO Mercedes owner Daimler… Continue reading Automobile: the CO2 wall catches the builders
Ferrari Has Plans to Make an Electric Supercar
Ferrari NV will make a battery-powered supercar to challenge Tesla Inc. at the high end of the electric-auto market, Chief Executive Officer Sergio Marchionne said. The race-car maker, spun off from Fiat Chrysler Automobiles NV, has been expanding its lineup to lift sales without losing the exclusivity of a brand associated with Italian design and… Continue reading Ferrari Has Plans to Make an Electric Supercar
UPDATE 4-GM sees flat 2018 earnings, with pickups picking up in 2019
DETROIT (Reuters) – General Motors Co (GM.N) shares rose on Tuesday after the company said 2018 earnings will be largely flat compared with 2017 and forecast higher profits in 2019 when its revamped line of high-margin pickup trucks hits the U.S. market. The 2018 earnings outlook was above market expectations, sending GM shares up about… Continue reading UPDATE 4-GM sees flat 2018 earnings, with pickups picking up in 2019
Bringg Announces $22 Million Series B Round Following Strong Deal Traction with International Brands
TEL AVIV, Israel and CHICAGO, Jan. 16, 2018 /PRNewswire/ — Bringg, the leading delivery logistics platform for enterprises, announced today that it has raised additional funding from strategic partners, bringing its Series B investment total to $22 million. The current $12 million round includes automotive leader Dr. Shmuel Harlap, shipping and real estate magnate Eyal Ofer,… Continue reading Bringg Announces $22 Million Series B Round Following Strong Deal Traction with International Brands
Ferrari SUV confirmed for late 2019: fastest SUV crown targeted
Fiat Chrysler boss Sergio Marchionne has said the Ferrari SUV could be ready by 2019 – and claimed it will be the fastest vehicle of its type. The colourful CEO initially indicated his intention to build an SUV – or FUV (Ferrari Utility Vehicle) in November 2017 and has since seen Lamborghini enter the market by… Continue reading Ferrari SUV confirmed for late 2019: fastest SUV crown targeted
Schaeffler reports strong growth in 4th quarter 2017
HERZOGENAURACH, Germany, Jan. 16, 2018 /PRNewswire/ — Global automotive and industrial supplier Schaeffler announced its preliminary revenue figures for 2017 today. The company increased its revenue to approximately 14.0 billion euros (prior year: approximately 13.3 billion euros), growing by 5.9 percent at constant currency. Fourth quarter revenue rose to approximately 3.5 billion euros (prior year quarter:… Continue reading Schaeffler reports strong growth in 4th quarter 2017
Toyota Production in North America Nearly 2 Million in 2017
Nearly 32 Million Vehicles Produced in North America Since 1986 January 16, 2018 PLANO, Texas (Jan. 16, 2018) – In 2017, Toyota built 1,983,723 vehicles at its North American vehicle assembly plants. Production volume was down approximately 1 percent over the previous year total of 2,124,608 vehicles. Toyota’s total vehicle production in North America since 1986… Continue reading Toyota Production in North America Nearly 2 Million in 2017
Flat fare? Dodgy meter blocks rollout of London’s electric cabs
Automotive industry Flat fare? Dodgy meter blocks rollout of London’s electric cabs Zero-emission TX eCity cab can’t ply for hire until problem is sorted … and don’t get cabbies started on the lack of charging points Be lucky? Not likely. LEVC’s TX4 eCity has an iffy meter which makes trade as flat as January, the… Continue reading Flat fare? Dodgy meter blocks rollout of London’s electric cabs
ZF Enables Autonomous Driving for Everyone
ZF is proactive in establishing collaboration with automotive OEMs in China such as Chery by providing the supercomputer ZF ProAI. ZF’s artificial intelligence (AI) controller enables automated driving functions up to level 3 for this collaboration. Drivers will receive support in relief from driving tasks while all traffic participants will benefit from systems designed to… Continue reading ZF Enables Autonomous Driving for Everyone