Ex-Daimler boss Dieter Zetsche tapped for new auto-focused SPAC – Automotive News Europe

January 21, 2022 05:36 AM Zetsche will head 4th automotive-focused special purpose acquisition company from Kesington Capital Bloomberg BLOOMBERG Zetsche left Daimler in 2019. Kensington Capital, whose blank-check companies have already taken public QuantumScape and Wallbox has tapped former Daimler chief Dieter Zetsche as vice chairman for a fourth automotive-focused special purpose acquisition company. Its… Continue reading Ex-Daimler boss Dieter Zetsche tapped for new auto-focused SPAC – Automotive News Europe

@FCA: A Bold Step Toward Economic Justice

February 28, 2022 , Auburn Hills, Mich. – Stellantis and the National Business League (NBL) today concluded their pilot of the National Black Supplier Development Program, graduating a group of 13 Black-owned business participants. Many of the 13 companies either secured or are being considered for contracts on some of Stellantis’ most important marketing projects and… Continue reading @FCA: A Bold Step Toward Economic Justice

Q&A: AutoNation CEO Sees Vehicle Prices Moderating This Year – Transport Topics Online

[Stay on top of transportation news: Get TTNews in your inbox.] DETROIT — Prices of new and used automobiles are staggeringly high, and that’s partly responsible for strong earnings last year by AutoNation, the country’s largest dealership group. Mike Manley, CEO of the Fort Lauderdale, Fla., company, said used-vehicle prices are starting to ease a… Continue reading Q&A: AutoNation CEO Sees Vehicle Prices Moderating This Year – Transport Topics Online

Ferrari files new patent for future electric sports car platform

Mid-way through last year, Ferrari’s CEO John Elkann confirmed that the company would launch its first pure-electric sports car in 2025. It seems Ferrari is steaming ahead with the development process, as the firm has just filed a patent for a new electrified sports car platform, which we expect will underpin its upcoming EV rival… Continue reading Ferrari files new patent for future electric sports car platform

Automotive: how the crisis has shaken up the ranking of manufacturers

Posted Feb 28 2022 at 6:58 amUpdated 28 Feb. 2022 at 7:04 Stellantis remained in sixth place in the Top 10 manufacturers worldwide, like last year. The group born of the merger between PSA and Fiat Chrysler, which has just published its volumes for 2021, announced consolidated sales of 5.9 million vehicles last year: a… Continue reading Automotive: how the crisis has shaken up the ranking of manufacturers

German Handelsblatt: Vehicle software: “Faster on the road”: How Stellantis could overtake VW thanks to Alexa003851

The interim conclusion is sobering. The schedule for the unified software platform is shaky. And the approach of largely forgoing the help of digital corporations and bundling all the top coders from Audi, Porsche and VW in the separate company Cariad could prove to be a major mistake. “We believe that Cariad as an organization… Continue reading German Handelsblatt: Vehicle software: “Faster on the road”: How Stellantis could overtake VW thanks to Alexa003851

Under the skin: Mazda makes a super-efficient two-stroke engine

Two-stroke engines have become topical again after news emerged that Mazda has applied for a patent on a supercharged two-stroke engine design. Two-strokes differ from four-strokes (all current production car piston engines) in that each cylinder in a two-stroke engine produces power twice as often as a four-stroke for the same number of cycles. The most… Continue reading Under the skin: Mazda makes a super-efficient two-stroke engine

Motional and Via launch free autonomous ride-hail service in Las Vegas

Motional, the Aptiv-Hyundai joint venture aiming to commercialize autonomous driving technology, has launched a new robotaxi service in Las Vegas with on-demand and transit tech service Via. The two companies, which first announced a partnership back in October 2020, will provide free rides in autonomous vehicles to members of the public in downtown Las Vegas.… Continue reading Motional and Via launch free autonomous ride-hail service in Las Vegas

German Manager Magazin: Michael Lohscheller: Former Opel boss switches to Nikola001569

The career of the former Volkswagen-Managers and OpelBoss Michael Lohscheller (53) takes another rapid turn. After a brief stint as Head of Vietnamese newcomer VinFast, which ended abruptly after just three months shortly after Christmas, the German is drawn to the young US company Nikola. Lohscheller hires as president of the scandal start-up and is… Continue reading German Manager Magazin: Michael Lohscheller: Former Opel boss switches to Nikola001569