AURORA, Ontario, Jan. 30, 2019 (GLOBE NEWSWIRE) — Magna International Inc. (TSX:MG) (NYSE:MGA)INVESTOR CONTACTLouis Tonelli, Vice-President, Investor Relations louis.tonelli@magna.com, 905-726-7035TELECONFERENCE CONTACTNancy Hansford, Executive Assistant, Investor Relationsnancy.hansford@magna.com, 905-726-7108 Go to Source
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Change in management: Personnel changes at Mercedes-Benz Cars & Vans
Jason Hoff, currently Head of Production SUV/Sports Cars and President and CEO of Mercedes-Benz U.S. International (MBUSI), will be the new Head of Quality Management at Mercedes-Benz Cars worldwide, effective on July 1, 2019. Michael Göbel, currently Head of Compact Cars Production Mercedes-Benz Cars, will become head of production SUV/Sports Cars and President and CEO… Continue reading Change in management: Personnel changes at Mercedes-Benz Cars & Vans
Six PEUGEOTS on the aventure PEUGEOT stand at Retromobile
The 44th Rétromobile show will be held at Porte de Versailles in Paris from 6 to 10 February 2019. The 120,000 visitors expected over the five days will be able to admire the PEUGEOT e-LEGEND Concept, an all-electric, autonomous and connected vehicle by the Lion brand. The star of last year’s Paris Motor Show will… Continue reading Six PEUGEOTS on the aventure PEUGEOT stand at Retromobile
MEDC Leader Details Michigan’s Road to the Waymo AV Factory Deal
This week, Michigan’s economic development office notched a win when it announced that Waymo, Google’s mobility arm, had chosen the Great Lakes State as the location for a new manufacturing operation. According to a press release from the Michigan Economic Development Corporation (MEDC), Waymo will invest $13.6 million in a factory that will integrate Waymo’s… Continue reading MEDC Leader Details Michigan’s Road to the Waymo AV Factory Deal
UPDATE 1-As Google races ahead, German carmakers look to go faster on autonomous driving
FRANKFURT (Reuters) – Germany’s top carmakers including BMW and Volkswagen are looking at ways to speed up development of the next generation of self-driving cars, possibly by even working together, as tech giant Google forges ahead with plans to mass produce such vehicles. FILE PHOTO: Three of the fleet of 600 Waymo Chrysler Pacifica Hybrid… Continue reading UPDATE 1-As Google races ahead, German carmakers look to go faster on autonomous driving
Waymo plans to open a self-driving car factory in Michigan
Waymo and Magna plan to build thousands of self-driving cars at a factory in southeast Michigan, including autonomous versions of the all-electric Jaguar I-PACE and Chrysler Pacifica Hybrid minivan. Waymo, the former Google self-driving project that spun out to become a business under Alphabet, announced Tuesday that the Michigan Economic Development Corporation voted to approve… Continue reading Waymo plans to open a self-driving car factory in Michigan
Pininfarina’s Italian design may be good Karma for plug-in carmaker
2017 Karma Revero
Fisker, the luxury plug-in hybrid car company that went bankrupt in 2013, was founded by a car designer. Henrik Fisker, the brand's namesake was a designer at BMW before forming his own company.
Now that venture, renamed Karma after is primary product, following the company's revival at the hands of Chinese investors, has hired a new design firm to bring it into the future.
DON'T MISS: 2018 Karma Revero: first drive of reborn luxury plug-in hybrid sedan
The company announced an agreement with the most famous Italian design house, Pininfarina, to design its next round of products, which could include an update to the Karma Revero (the car that began life as the Fisker Karma), as well as develop future products.
Now owned by Indian automaker Mahindra, Pininfarina has begun developing its own cars under its brand name, but the company still designs cars for other brands.
CHECK OUT: 2020 Karma Revero spy shots
The companies announced that the first products of the tie-up should appear in the second quarter of 2019, which could indicate it is an update of the existing Revero. Spy photographers have caught a camouflaged version of the Revero testing on U.S. roads.
The company, now owned by Chinese auto-parts supplier Wanxiang, also plans other updates to the design, including connectivity, performance, and artificial intelligence. CEO Lance Zhou said in a statement that the company plans to join other partnerships to make that happen, but wasn't specific on what might be announced or when.
Company founder Henrik Fisker has gone on to start another new automaker, Fisker Inc., that revealed its first concept car last year and has made waves with announcements about solid-state batteries.
Dodge Challenger electric boost, Karma styling, limited autobahns: Today’s Car News
Uber-owned Jump electric bike-share
Plug-in luxury-car maker Karma brought in a new design house to carry it into the future. Germany revealed a plan to impose a national speed limit on its famously unlimited autobahns. And our latest Twitter poll asks readers how soon they expect Ford to come through with an electric F-Series pickup. All this and more on Green Car Reports.
The performance community looks to be getting the electrification message. Chrysler CEO Mike Manly announced that the next version of the Dodge Challenger muscle car will ditch is signature big V-8 for a smaller engine with boost from an electric motor.
After four years under Chinese ownership, Karma, which builds the car famously developed by ex-BMW and Tesla designer Henrik Fisker, plans to take styling in a new direction in a new partnership with Italian design house Pininfarina.
In an effort to combat climate change, a German government agency has proposed limiting speeds on the country's autobahns.
After a senior Ford executive announced last week that the company will build an all-electric version of the bestselling Ford F-Series—with no mention of when—we decided to ask our readers to fill in a date in our latest Twitter poll, in a gauge of how serious electric car fans think the company is.
BMW and its rival Daimler are reportedly in talks about joining forces to develop self-driving cars.
Finally, Uber plans to start a new division to develop self-riding shared bikes and scooters.
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Growing our team and business in Michigan
Growing our team and business in Michigan Waymo TeamBlockedUnblockFollowFollowingJan 22 In the US, the auto industry is synonymous with Michigan. Auto manufacturing has created hundreds of thousands of jobs in the state and built an economic engine that helps fuel the entire country. Today, Waymo is excited to announce that we’ll grow our business in Michigan,… Continue reading Growing our team and business in Michigan
Boutique carmaker Karma Automotive, legendary design firm Pininfarina team up – Digital Trends
Boutique automaker Karma Automotive is teaming up with one of the greatest names in car design for its future luxury cars. During the Automotive News World Congress at the 2019 Detroit Auto Show, Karma CEO Lance Zhou announced a partnership with Pininfarina, the Italian design firm that has likely shaped more of history’s best-looking cars… Continue reading Boutique carmaker Karma Automotive, legendary design firm Pininfarina team up – Digital Trends