(Bloomberg) — Faurecia SE surged after the French auto supplier agreed to take over Hella GmbH, boosting its standing with German automakers and rendering the company less reliant on fading internal combustion engines. The deal reached over the weekend values Hella at 6.8 billion euros ($8 billion) and will form the world’s seventh-largest car-parts maker.… Continue reading Faurecia Soars as $8 Billion Deal Reduces Engine Exposure
Tag: VW
The 2022 Toyota GR 86 brings performance to the people
Alex Kalogiannis Contributor Automotive writer, editor and host for hire. Bylines: Gear Patrol, DriveTribe, Forbes, Others. The sports car market can seem like an exclusive club, one reserved for those with enough extra cash and garage space to make such a highly impractical passion purchase. More often than not, these prestige items are billed with… Continue reading The 2022 Toyota GR 86 brings performance to the people
Meet the self-driving brains inside Volkswagen and Ford
Today I’m talking to Bryan Salesky, the co-founder and CEO of Argo AI, a startup that’s trying to build the tech stack for self-driving cars. Argo was founded in 2016, but there’s some solid foundations there: Bryan and his team were veterans of Google’s and Uber’s self-driving groups, and they have major investments from Ford… Continue reading Meet the self-driving brains inside Volkswagen and Ford
New Infrastructure Bill Bolsters Growing Electric Vehicle Manufacturing Market
FN Media Group Presents Microsmallcap.com Market Commentary NEW YORK, Aug. 17, 2021 /PRNewswire/ — The global economy is starting to make serious movements away from fossil fuels, and the single largest consumer of fossil fuels is transportation. Electric vehicles, or EVs, have become the answer to growing environmental concerns, with President Biden aiming for 50%… Continue reading New Infrastructure Bill Bolsters Growing Electric Vehicle Manufacturing Market
Schaeffler: Exiting Formula E, entering the fully electric DTM
2021-08-16 | Herzogenaurach/Berlin Founding member Schaeffler bids farewell to Formula E with Team Audi Sport ABT Schaeffler as the most successful outfit Two title wins and 47 trophies are proof of successful commitment as technology partner Schaeffler is now developing a drive system for future fully electric DTM Know-how from motorsport is transferred directly into… Continue reading Schaeffler: Exiting Formula E, entering the fully electric DTM
Schaeffler: Ausstieg aus der Formel E, Einstieg in die vollelektrische DTM
2021-08-16 | Herzogenaurach/Berlin Gründungsmitglied Schaeffler verabschiedet sich mit Audi Sport ABT Schaeffler als erfolgreichstes Team aus der Formel E Zwei Titelgewinne und 47 Trophäen belegen erfolgreiches Engagement als Technologiepartner Schaeffler entwickelt nun Antriebssystem für zukünftig vollelektrische DTM Know-how aus dem Motorsport wird direkt in die Entwicklung innovativer Serienlösungen im Bereich E-Mobilität übertragen Mit dem Finalrennen… Continue reading Schaeffler: Ausstieg aus der Formel E, Einstieg in die vollelektrische DTM
LG Energy Solution inks deal with Australian mining company for nickel and cobalt
South Korea’s LG Energy Solution has entered into a six-year agreement with an Australian mining company for cobalt and nickel, securing a stable supply of key minerals to make electric vehicle batteries. LG Energy, a subsidiary of LG Chem, will purchase 71,000 dry metric tons of nickel and 7,000 dry metric tons of cobalt from… Continue reading LG Energy Solution inks deal with Australian mining company for nickel and cobalt
@VW Group: A celebration of the Lamborghini Countach at the Pebble Beach Concours d’Elegance (CA, USA). A special Countach class and the presentation of the brand new Countach LPI 800-4 — a very special way to celebrate 50 years of one of Lamborghini’s most iconic models003672
Pebble Beach/Sant’Agata Bolognese, 15 August 2021 – At the 70th Concours d’Elegance in Pebble Beach, California, the Lamborghini Countach, a model this year celebrating its first half century, was honored with its very own dedicated class. Eight Countachs were present at the event: six were brought by international collectors, while the other two, brought by… Continue reading @VW Group: A celebration of the Lamborghini Countach at the Pebble Beach Concours d’Elegance (CA, USA). A special Countach class and the presentation of the brand new Countach LPI 800-4 — a very special way to celebrate 50 years of one of Lamborghini’s most iconic models003672
@VW Group: The Porsche 917 KH: a Le Mans legend visits Monterey Car Week003674
16/08/2021 Visitors to this year’s Monterey Car Week were able to see the original Le Mans-winning 917 KH up-close, as well as twelve other 917 models. Seventy years ago, its first class victory at the 24 Hours of Le Mans laid the foundation for what would become a long and rich success story for Porsche… Continue reading @VW Group: The Porsche 917 KH: a Le Mans legend visits Monterey Car Week003674
@VW Group: Porsche concludes Le Mans preparations with best times in both GTE classes003673
Test day With a lap time of 3:52.901 minutes, the 911 RSR driven by Kévin Estre (France), Neel Jani (Switzerland) and Michael Christensen (Denmark) set the best time in the GTE-Pro class during this morning’s session. The No. 91 sister car shared by the works driver trio Gianmaria Bruni (Italy), Richard Lietz (Austria) and Fréderic… Continue reading @VW Group: Porsche concludes Le Mans preparations with best times in both GTE classes003673