Tag: FCA

@Groupe PSA: PR CERN lays first stone of Science Gateway001966

Amsterdam – CERN today, held a first stone ceremony, as the next step in the creation of the  Science Gateway, a new hub for scientific education and culture, which was first unveiled in 2019 in Geneva with the support of the FCA Foundation (the charitable arm of Stellantis). Fabiola Gianotti, CERN’s Director-General, John Elkann, Chairman… Continue reading @Groupe PSA: PR CERN lays first stone of Science Gateway001966

Caura Raises $4.2M in Seed Funding

Caura, a London, UK-based vehicle management platform, raised $4.2m in seed funding. The round was led by TwinFocus Capital Partners, with participation from InMotion Ventures (the CVC arm of Jaguar Land Rover), Road Ventures, Pareto Holdings and Quiet Capital, as well as Jon Oringer, founder of Shutterstock, Antony Sheriff, former CEO of McLaren Automotive, and… Continue reading Caura Raises $4.2M in Seed Funding

@Tata-JLR: Caura raises $4.2m seed round to reduce stress and expense of driving in the UK

Funding from TwinFocus Capital Partners, InMotion Ventures, Road Ventures, Pareto Holdings and Quiet Capital, and, alongside notable angels, sets up vehicle management startup to expand product offerings and grow team Caura – a vehicle management platform which eliminates the avoidable hassle, stress, and expenses associated with driving in the UK, has raised $4.2 million to expand… Continue reading @Tata-JLR: Caura raises $4.2m seed round to reduce stress and expense of driving in the UK

Revealed: How Volkswagen recently tried to buy Alfa Romeo

Recent remarks by Stellantis CEO Carlos Tavares, suggesting that Alfa Romeo has often been the target of buyout offers from rivals, have brought to light moves by Volkswagen to seek control of the Italian firm in 2018. Sources have told Autocar that contact was made between VW and Alfa’s then-parent FCA in 2018 “at the behest… Continue reading Revealed: How Volkswagen recently tried to buy Alfa Romeo

Alfa Romeo to revive GTV as an EV in sweeping range renewal

Alfa Romeo is plotting a revival of the GTV as an electric four-door coupé flagship under a sweeping revival plan that will include a major revamp of its model line-up, Autocar has learned. Seen as a technological flagship for Alfa Romeo’s future line-up, the modernday GTV is one of a number of proposed new models… Continue reading Alfa Romeo to revive GTV as an EV in sweeping range renewal

Audi to launch final combustion car in 2026, report says

Audi bosses have reportedly agreed a plan that will result in the brand launching its final combustion-engined car as soon as 2026.  According to a report from German publication Süddeutsche Zeitung, Audi CEO Markus Duesmann presented the new electrification timeline to the board of management yesterday (17 June).  The news is expected to be made official… Continue reading Audi to launch final combustion car in 2026, report says

Ferrari makes Amazon its Cloud, machine learning and AI provider

As part of the partnership with Scuderia Ferrari, the AWS logo will debut on the team’s car and drivers’ apparel this weekend at the French Grand Prix and beyond. Amazon Web Services (AWS), an Amazon.com, Inc. company has entered into an agreement with Ferrari to become the Italian carmaker’s official Cloud, Machine Learning, and Artificial… Continue reading Ferrari makes Amazon its Cloud, machine learning and AI provider

Waymo announces another $2.5 billion in funding from latest investment round

Autonomous rideshare startup Waymo has announced an additional $2.5 billion investment round of funding. Waymo plans to use the additional funding, led by parent company Alphabet Inc., to hire more staff and advance its self-driving technology toward more paid rides. Waymo was launched in 2009 by Google’s parent company Alphabet, Inc., as a self-driving car project.… Continue reading Waymo announces another $2.5 billion in funding from latest investment round

Alfa Romeo selects Alcantara for interiors of its GTA and GTAm

Alcantara covers the dashboard, door panels, headliner, side pillars and the central trim on the seats of the GTA. The GTAm features an even more extensive use of the premium “Made In Italy” material.  In place of rear seats, for example, the GTAm has Alcantara-lined compartments to store helmets and fire extinguishers. Body-colored contrast stitching… Continue reading Alfa Romeo selects Alcantara for interiors of its GTA and GTAm