Read Motor Group has acquired Derby-based Beechdale Motor Group for an undisclosed sum. Beechdale has been in business since 1982, operated by John Oldfield. It holds the Hyundai, Alfa Romeo and Jeep franchises. Accounts filed at Companies House saw it deliver pre-tax profits of £266,875 on turnover of £29.9m in the year to October 2020.… Continue reading Read Motor Group acquires Beechdale Motor
Tag: FCA
Valmet Automotive entering into manufacturing contract with EV brand Lightyear
From left to right: Ville Rantala – Project Manager (Valmet Automotive), Hans Heijmans – COO (Lightyear), Gerard Berkelmans – VP Strategic Sourcing & Procurement (Lightyear), Matti Räsänen – VP Sales (Valmet Automotive), Wim van Stratum – VP Operations (Lightyear) Valmet Automotive has signed a letter of intent on vehicle manufacturing with Lightyear, the Netherlands-based technology… Continue reading Valmet Automotive entering into manufacturing contract with EV brand Lightyear
GM, UAW demand workers at Wentzville mask up again as COVID-19 cases rise
Nearly 4,000 workers at a General Motors plant near St. Louis must resume wearing face masks and social distancing starting late Monday because of an increase in COVID-19 cases in the area. In an alert sent to workers and obtained by the Free Press, the union told plant employees of the change Monday afternoon. The alert read, “We have… Continue reading GM, UAW demand workers at Wentzville mask up again as COVID-19 cases rise
@Ferrari: Ferrari to announce second quarter 2021 financial results on August 2000138
Maranello (Italy), July 19, 2021 – Ferrari N.V. (“Ferrari”) (NYSE/MTA: RACE) announced today that its financial results for the second quarter of 2021 will be released on Monday, August 2, 2021. A live audio webcast and conference call of the 2021 Q2 results will begin at 2:00 p.m. BST / 3:00 p.m. CEST / 9:00… Continue reading @Ferrari: Ferrari to announce second quarter 2021 financial results on August 2000138
EV growth propels Denso to close value gap with Honda and Ford
NAGOYA — Is a car worth more than the sum of its parts? This is a question posed by Japanese automotive supplier Denso’s near dead heat in market capitalization with Honda Motor and Ford Motor. Denso’s market cap stood at 5.78 trillion yen ($52.59 billion) as of Thursday, roughly 70% higher than a year earlier. Honda’s… Continue reading EV growth propels Denso to close value gap with Honda and Ford
New book reveals drama before Trump wore mask at Ford’s Ypsilanti Township plant
This content is only available to subscribers. $1 for 6 Months. Save 98%. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The e-Edition, a digital replica of the print paper, every day. Public service journalism that makes our communities better. Investigative reporting that looks out for… Continue reading New book reveals drama before Trump wore mask at Ford’s Ypsilanti Township plant
@FCA: Alfa Romeo and Sauber Motorsport Extend Partnership
July 14, 2021 , Auburn Hills, Mich. – Alfa Romeo and Sauber Motorsport extend their partnership on a multi-year agreement. The renewal of this relationship represents an exciting new chapter in the long and prestigious motorsports history of two brands with an impressive racing heritage that includes success in Formula One, sports cars and touring cars.… Continue reading @FCA: Alfa Romeo and Sauber Motorsport Extend Partnership
Altia’s Production-Proven Technology Drives the Cutting-Edge Cockpit of Cadillac LYRIQ
COLORADO SPRINGS, Colo., July 13, 2021 /PRNewswire/ — The upcoming Cadillac LYRIQ1, the carmaker’s first all-electric SUV, will feature cockpit display graphics driven by Altia human-machine interface (HMI) development solutions. The battery-powered crossover’s curved 33-inch diagonal advanced LED display will serve as the instrument cluster, infotainment system and control for lighting. The immense display is capable… Continue reading Altia’s Production-Proven Technology Drives the Cutting-Edge Cockpit of Cadillac LYRIQ
Dynisma Reveals The World’s Most Advanced Driving Simulator For Automotive Vehicle And Motorsport Development
This announcement comes shortly after the news that Dynisma has just finished commissioning the world’s most advanced simulator for one of the world’s most famous race teams, a project that has been in development for the past two years. The breadth of capability of the DMG-1 and DMG-1C driving simulators, has been developed by a… Continue reading Dynisma Reveals The World’s Most Advanced Driving Simulator For Automotive Vehicle And Motorsport Development
@Ferrari: Ferrari S.p.A. proves again to be an Equal-Salary company. Certification confirmed also in North America.000135
The Equal-Salary Certification that Ferrari S.p.A. achieved one year ago was only the beginning of a long-term process involving all stages of its people management and development, not a result merely to be preserved but a commitment requiring ongoing renewal. This is confirmed by the PwC monitoring visit which concluded successfully in the last few… Continue reading @Ferrari: Ferrari S.p.A. proves again to be an Equal-Salary company. Certification confirmed also in North America.000135