Morgan Motor Company has announced a technical partnership with industry leaders Frazer-Nash Energy Systems as the all-electric Morgan EV3 prepares for production in 2018. The EV3 extends Morgan’s truly unique offering. Industry leading, EV technology combines with a lightweight coach built body to offer an unparalleled mix of craftsmanship and technology. Inspired by 1930’s Aero-engine… Continue reading EV3 Project Update – December 2017
Tag: Financial Results
Faurecia Clean Mobility Renames R&D Center in Columbus
COLUMBUS, Ind., Feb. 12, 2018 /PRNewswire/ — Faurecia Clean Mobility (FCM) has changed the name of its Columbus Tech Center to Clean Mobility Crossroads. This rebranding is a continuation of Faurecia’s focus on Smart Life On Board and Sustainable Mobility. The new name was unveiled during a celebration event held both in Columbus, Indiana, and live… Continue reading Faurecia Clean Mobility Renames R&D Center in Columbus
BORGWARNER REPORTS FOURTH QUARTER 2017 U.S. GAAP NET LOSS OF $(0.70) PER BASIC SHARE, or EARNINGS OF $1.07 PER DILUTED SHARE EXCLUDING NON-COMPARABLE ITEMS
GM Says Its Driverless Car Could Be in Fleets by Next Year
If approved, the Cruise AVs would probably appear first in San Francisco or Scottsdale, Ariz., where G.M.’s self-driving subsidiary, Cruise Automation, is conducting tests. In San Francisco, the division has set up a ride-hailing service using about 50 Cruise AVs, although the cars are available only for some of its 250 employees, not public customers.… Continue reading GM Says Its Driverless Car Could Be in Fleets by Next Year
Singapore: ComfortDelGro expands UK footprint, buys over insurance JV
February 9, 2018 ComfortDelGro Corporation is expanding its footprint in the United Kingdom through the acquisition of a bus and coach operator in South Wales for £13.4 million ($18.7 million). Additionally, it has bought over an insurance joint venture it launched in 2003. The acquisition of New Adventure Travel (NAT) Group in the UK was conducted through… Continue reading Singapore: ComfortDelGro expands UK footprint, buys over insurance JV
Elon Musk: Tesla wants to build 100,000 electric trucks a year
Tesla Semi (Photo: Tesla) Elon Musk has announced to investors that in four years 100,000 Tesla– Electric tractors could be sold per year. Tesla boss Elon Musk expects the production of up to 100,000 electric trucks per year, said Musk on one investor conference With. The Tesla Semi is scheduled to go into production in… Continue reading Elon Musk: Tesla wants to build 100,000 electric trucks a year
Ford’s Facelifted Van Aimed at Baby Boomers Reliving Glory Days
Ford Motor Co. is looking to revive an aging workhorse with a facelift, technology injection and appeal to baby boomers looking to relive their “magic bus” days. The automaker pioneered the compact commercial van market in the U.S. when it brought the Transit Connect over from Europe about nine years ago. Ford still controls nearly… Continue reading Ford’s Facelifted Van Aimed at Baby Boomers Reliving Glory Days
SALES OF NEW CONSTRUCTION EQUIPMENT FOR Q4 2017/2016 IN RUSSIA
array(16) { [0]=> array(10) { [“TEXT”]=> string(4) “News” [“LINK”]=> string(9) “/en/news/” [“SELECTED”]=> bool(false) [“PERMISSION”]=> string(1) “R” [“ADDITIONAL_LINKS”]=> array(0) { } [“ITEM_TYPE”]=> string(1) “D” [“ITEM_INDEX”]=> int(0) [“PARAMS”]=> array(0) { } [“DEPTH_LEVEL”]=> int(1) [“IS_PARENT”]=> bool(false) } [1]=> array(10) { [“TEXT”]=> string(6) “Events” [“LINK”]=> string(15) “/en/aeb-events/” [“SELECTED”]=> bool(false) [“PERMISSION”]=> string(1) “R” [“ADDITIONAL_LINKS”]=> array(0) { } [“ITEM_TYPE”]=> string(1) “D”… Continue reading SALES OF NEW CONSTRUCTION EQUIPMENT FOR Q4 2017/2016 IN RUSSIA
Deloitte anticipates the disastrous impact of Brexit on cars
The so-called “hard Brexit” scenario will have disastrous consequences for the British car industry, according to a study by Deloitte. The radical version of Brexit will take the UK back ten years, at the height of the financial crisis. This is the conclusion drawn by the Deloitte study, published on February 8, 2018. In its… Continue reading Deloitte anticipates the disastrous impact of Brexit on cars
Bill Ford: $11 billion investment will make profit per vehicle “remarkable” | How to avoid the steps to the sale that …
On today’s CBT Newscast for Wednesday, January 17th, 2018: Steve Stauning: How to avoid the steps to the sale that customers dislikeAs a dealership, you have salespeople who know a lot about the customer’s buying process and how to initiate it. Steve Stauning, author, contributor to CBT Magazine, and founder of SteveStauning.com, says knowing the… Continue reading Bill Ford: $11 billion investment will make profit per vehicle “remarkable” | How to avoid the steps to the sale that …