Ford made waves recently when it announced it would stop producing cars (except for the iconic Mustang) — in favor of SUVs, trucks and other large vehicles — for the United States. It wasn’t a big surprise and if anything it was expected since SUV and truck sales are growing while car sales plummet. But… Continue reading Ford is saying goodbye to cars and hello to batteries
Tag: JLR
By Miles closes £1m funding round
The By Miles team are going from strength to strength! Last week they launched the UK’s first real-time pay-as-you-drive car insurance. This week, they have closed a £1m funding round led by JamJar Investments, the venture capital fund of the innocent drinks founders. As one of their original investors, InMotion also participated in this round… Continue reading By Miles closes £1m funding round
Hypercar manufacturer Lister to move HQ to Hyndburn Rocket Centre
By Tim Aldred Posted on: 27th July, 2018 at 8:07 am Hypercar manufacturer Lister has announced major expansion plans which include new premises with a HQ in Hyndburn Rocket Centre. A ray of sunshine for the automotive sector shines on Lancashire. The iconic Rocket Centre, with over 25,000 square ft. of showroom space will be… Continue reading Hypercar manufacturer Lister to move HQ to Hyndburn Rocket Centre
Tata Motors Stops Production Of The Nano; Available On Order Basis
Homegrown car-maker Tata Motors launched India’s most affordable car, the Tata Nano almost 10 years back and was the brain child of chairman emeritus Tata Sons, Ratan Tata. According to a report in Bloomberg, the company has stopped the production of the Nano hatchback as a result of poor sales and decline in demand for… Continue reading Tata Motors Stops Production Of The Nano; Available On Order Basis
Magna-BAIC deal raises prospects for an ‘automotive Foxconn’ in China
July 23, 2018 In China, where the future of the car is looking more and more electric, newcomers to the auto industry are looking for partners to help them build their vehicles. Enter Canadian auto supplier Magna International which aims to spearhead a shift to contract vehicle manufacturing through its new partnership with state-owned Chinese… Continue reading Magna-BAIC deal raises prospects for an ‘automotive Foxconn’ in China
Tata Motors renews talks to sell stake in engineering unit
July 23, 2018 Tata Motors Ltd., the owner of Jaguar Land Rover, has restarted talks on the sale of a stake in its engineering unit just months after a deal with Warburg Pincus was called off, people with knowledge of the matter said. The carmaker has started preliminary discussions with a private equity firm that… Continue reading Tata Motors renews talks to sell stake in engineering unit
Waymo’s autonomous cars have driven 8 million miles on public roads
Waymo, the self-driving unit of Google parent company Alphabet, has hit another milestone: 8 million miles driven on public roads. That translates into roughly 25,000 miles driven every day, which is light-years ahead of the company’s competitors and is the result of Google’s very early investment in self-driving technology. The news was delivered by the… Continue reading Waymo’s autonomous cars have driven 8 million miles on public roads
Big bang at the German Continental
Eleven years after its acquisition of Siemens VDO for more than 11 billion euros, the German Continental is preparing to partially cede these activities. With 40,000 employees for a turnover The transmission division (Powertrain) is expected to be listed on the stock market from mid-2019 as part of a major reorganization, the second-largest German automotive… Continue reading Big bang at the German Continental
UK joins project for autonomous vehicle platform that can find potholes
Two UK road authorities and Jaguar Land Rover are contributing to a global research project intended to develop a system that could enable autonomous vehicles to spot potholes. Using a platform created by connected tech and transport analytics firm Inrix, JLR, Transport Scotland and Transport for West Midlands will contribute to the development of the AV Road Rules… Continue reading UK joins project for autonomous vehicle platform that can find potholes
Chelsea Truck Company: The car firm made in Chelsea
The King’s Road in west London is overrun with fearsomely expensive boutiques and exclusive restaurants. It has long been the epicentre of London’s fashion elite, a sort of elongated headquarters for the city’s trendsetters. It is a haven for supercar spotters too. Lamborghini Huracáns are part of the furniture along here. But for all of… Continue reading Chelsea Truck Company: The car firm made in Chelsea