Tag: GM

Scuderia Cameron Glickenhaus to build modern version of the Baja Boot

Scuderia Cameron Glickenhaus builds some pretty fantastic machines. The race team turned road car producer is most famous for owner James Glickenhaus’ Ferrari Enzo-based Pininfarina-designed P4/5 and the more recent SCG 003. Last fall, SCG announced the 004S, a three-seat sports car with a twin-turbo 5.0-liter V8. More recently, the company revealed plans to build… Continue reading Scuderia Cameron Glickenhaus to build modern version of the Baja Boot

Opel’s pre-agreement provides for wage freeze in 2018 and increases of 50% and 60% of the CPI for the following years

Updated 01/29/2018 23:21:05 CET ZARAGOZA, 29 Jan. (EUROPA PRESS) – The pre-agreement signed on Monday by the management of Opel Spain and three of the five unions that make up the works council –UGT, CC.OO. and Acumagme– foresees salary freeze for 2018. Then, increases of 50 percent of the real CPI for 2019 and 2020… Continue reading Opel’s pre-agreement provides for wage freeze in 2018 and increases of 50% and 60% of the CPI for the following years

VW Customers Don’t Give a Monkeys about Diesel Cheating Animal Testing

A bizarre incident involving the testing of diesel exhaust fumes on a group of cartoon-watching monkeys, and possibly humans too, has catapulted the Volkswagen AG emissions scandal back onto newspaper front pages. But public outrage, though warranted, may well ring hollow this time. When Volkswagen admitted rigging about 11 million vehicle engines in 2015, I assumed the German… Continue reading VW Customers Don’t Give a Monkeys about Diesel Cheating Animal Testing

Opel Continues Export Offensive

Opel Continues Export Offensive 2018-01-29 New importers for Morocco and Tunisia announced Sales growth outside Europe at the core of PACE! plan Rüsselsheim.  Opel is systematically continuing its export offensive. The company has successfully signed agreements with renowned sales partners for the fast-growing Moroccan market as well as Tunisia. The new setup will strengthen Opel’s… Continue reading Opel Continues Export Offensive

GM faces lawsuit over self-driving car collision

Self-driving car manufacturers dread lawsuits over crashes due to questions of liability, and GM is about to learn just how problematic they can be. Oscar Nilsson has sued GM after a December collision between his motorcycle and one of the company’s self-driving Chevy Bolts. According to his version of events, he was trailing the Bolt… Continue reading GM faces lawsuit over self-driving car collision

The auto industry is head over heels for VR

Virtual reality and augmented reality are all over the North American International Auto Show floor. Chevrolet, Ford, Honda, Mercedes-Benz and Volkswagen are all using the tech to show off their latest cars and concepts. During the industry preview days (the show is open to the public through Sunday, January 28th) lines to try the experiences… Continue reading The auto industry is head over heels for VR

Tesla boss Elon Musk pursues his most unlikely goal yet: a $55bn bonus

Tesla The Observer Tesla boss Elon Musk pursues his most unlikely goal yet: a $55bn bonus Some say the firm is already overvalued at $60bn. But its founder’s vision is now truly ambitious Elon Musk unveils Tesla’s forthcoming Roadster 2 sports car in California. Photograph: Reuters Racy valuations for loss-making businesses are nothing new to… Continue reading Tesla boss Elon Musk pursues his most unlikely goal yet: a $55bn bonus

CEO Jim Hackett pushing Ford team as investors watch with caution

Ford Motor Company President and CEO Jim Hackett speaks during the Ford presentation at the 2018 North American International Auto Show in Detroit January 14, 2018. (Photo: Maury/EPA-EFE/REX/Shutterstock) Ford CEO Jim Hackett, eight months into his role, brings an unconventional approach to the auto industry, which leaves colleagues inspired and observers sometimes a bit confused. He has… Continue reading CEO Jim Hackett pushing Ford team as investors watch with caution

Fiat Chrysler’s Marchionne Has Lessons for Ford CEO Jim Hackett

With retirement approaching, Sergio Marchionne seems determined to go out with a bang: the Fiat Chrysler Automobiles NV boss thinks operating profit will surpass that of Ford Motor Co. this year. On Thursday, Marchionne reminded analysts that’s a surprising turn of events. He’s right. It’s less than a decade since Chrysler filed for bankruptcy protection (Ford… Continue reading Fiat Chrysler’s Marchionne Has Lessons for Ford CEO Jim Hackett