Can GM Korea avoid bankruptcy? Company says deal deadline is Friday

Workers from subcontractors of GM Korea and citizens call for the early normalization of the ailing carmaker’s operations during a rally in Incheon, west of Seoul, South Korea, April 17, 2018. (Photo: YONHAP/EPA-EFE/REX/Shutterstock,) The window for an agreement to save General Motors’ money-losing South Korea unit is nearly closed, according to a GM spokesman. The spokesman… Continue reading Can GM Korea avoid bankruptcy? Company says deal deadline is Friday

Aston Martin DBS Superleggera name revealed for Vanquish replacement

Aston Martin has revealed that its next flagship Super GT will be called DBS Superleggera, and will be revealed in full in the second quarter of 2018. Replacing the Vanquish S, the DBS Superleggera resurrects the DBS nameplate. Most recently the name was used on Aston’s hardcore take on the DB9, though Aston is keen… Continue reading Aston Martin DBS Superleggera name revealed for Vanquish replacement

India: Scooter rental startup Vogo in talks to raise funds from Ola, VC firms

April 17, 2018 Scooter rental start-up Vogo Automotive Pvt. Ltd is in advanced talks to raise Rs40-45 crore from cab hailing platform Ola and venture capital firms Stellaris Ventures Partners and Matrix Partners, three people aware of the discussions said. As part of the proposed deal, Ola (ANI Technologies Pvt. Ltd) will lead the round,… Continue reading India: Scooter rental startup Vogo in talks to raise funds from Ola, VC firms

The Ferrari team invests 382 million a year in R & D

Ferrari is the most famous team of the Formula 1 races and also the one with the biggest budget. However, details of it are now known. Thus, the brand spent 382 million in R & D in 2016, 93 in paying its workers and 66 in operating expenses. The statements indicate that Ferrari generated $… Continue reading The Ferrari team invests 382 million a year in R & D

Brabham Automotive BT62 to be shown in public next month

Brabham Automotive has confirmed that it will provide the public with viewing access to its BT62 project after its official unveiling on 2 May, which will take place at a yet-to-be-announced London venue. Details for the model, which the public will be able to view on 4-5 May, have been kept secret by the brand, but it’s expected to be… Continue reading Brabham Automotive BT62 to be shown in public next month

EV startup makes technology from the world’s first rally-inspired electric supercar available to the racing world

Media Image filesMiss R teaser video Birmingham, 10 January 2017 – XING Mobility, an electric vehicle startup from Taipei, are exhibiting their full range of electric powertrain solutions at Europe’s largest indoor motorsports show Autosport International. In November last year, XING Mobility revealed ‘Miss R’, their 1 Megawatt (1,341hp) rally-inspired supercar prototype, set for completion… Continue reading EV startup makes technology from the world’s first rally-inspired electric supercar available to the racing world

XING Mobility release footage of rally-inspired electric supercar from on-road/off-road shakedown, before showcasing full EV drivetrain system in commercial truck application

Media Image files Video: Miss R on-road/off-road shakedown– 1’19” Video: XING Mobility’s Miss R Story— 3’ 21” · XING Mobility complete system shakedown runs of MISS R, their 1-Megawatt rally-inspired supercar on and off-road, complete with interim prototype body · The release of world-exclusive test footage coincides with this year’s AutoTronics Taipei show, where Miss… Continue reading XING Mobility release footage of rally-inspired electric supercar from on-road/off-road shakedown, before showcasing full EV drivetrain system in commercial truck application

Daimler CEO Zetsche on the electric car offensive: “Good for the CO2 balance – but not so good for our consolidated balance sheet”

All articles and backgrounds 05/04/2018 Daimler CEO Zetsche on the electric car offensive “Good for the CO2 balance – but not so good for our consolidated balance sheet” REUTERS Mercedes-Maybach 6: During the shareholder meeting in Berlin shows Daimler strength The billion-euro investment in electric mobility at the Stuttgart carmaker Daimler Show stock market chart… Continue reading Daimler CEO Zetsche on the electric car offensive: “Good for the CO2 balance – but not so good for our consolidated balance sheet”

Annual General Meeting: Despite record numbers – Zetsche is facing new diesel debate

All articles and backgrounds 05/04/2018 Annual General Meeting Despite record numbers – Zetsche is facing a new diesel debate Daimler The carmaker Daimler Show stock market chart can present its shareholders with record numbers at the AGM this Thursday (starting at 10:00 am in Berlin) and still has to expect headwinds again. shareholder representatives have… Continue reading Annual General Meeting: Despite record numbers – Zetsche is facing new diesel debate

TVR Returns to endurance motorsport with REBELLION Racing

5 April 2018: Marking its return to motor sport for the first time in more than 10 years, TVR has announced its role as the automotive partner to REBELLION Racing, competing in the LMP1 category of the FIA World Endurance Championship (WEC) 2018 – 2019 Super Season. REBELLION Racing TVR will make its track debut during the WEC Prologue event at Circuit Paul Ricard on 6 April.

Learnings from TVR’s collaboration with REBELLION Racing will flow directly into the development and production both of its road car line-up, and into its future racing projects.

Les Edgar, Chairman of TVR, said: “When we resurrected the TVR brand, we knew that we wanted to achieve a return to the race track. Our partnership with REBELLION Racing allows us to achieve that goal, while bringing about valuable operational and technical knowledge, which directly transfers to our road car operation and future racing activities.

“We have a long-standing relationship with Rebellion Racing and have been following them closely in WEC over the last few years. We greatly look forward to working with the team and are confident that REBELLION Racing TVR will see much success during the Super Season.”

REBELLION Racing teased the design of its ORECA R-13 prototype at the Geneva Motor Show in March, following confirmation of its entry into the LMP1 category. The WEC Prologue is the first time REBELLION will allow a closer glimpse of its 2018 – 2019 race livery, with TVR taking pride of place as automotive partner.

Sports car racing is a fundamental element of TVR’s heritage, with the very first models (TVR 1, 2 and 3) having been designed for the race track, and with a long and rich heritage of racing ever since. TVR entered its first Le Mans event with its Grantura in 1962, and TVRs competed in myriad championships throughout the years. TVR participated at Le Mans in 2003, 2004 and 2005, and ran a number of successful one-make race series in the UK until 2006.

TVR will join REBELLION Racing’s other partners – Gibson race engines, Motul lubricants, and Carbon Champagne for the 2018 – 2019 Super Season.

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