Daimler might even take over a portion of Volvo. Now that Geely chairman Li Shufu is the largest single shareholder in Daimler, there’s a strong possibility that the two firms could cooperate on tech development. According to the German business publication Manager Magazin, the partnership could even extend to Daimler buying a small stake in Volvo,… Continue reading Mercedes-Powered Volvos Possible Thanks To Geely Investment
Tag: FCA
Porsche Flex Drive: una esclusiva formula di noleggio per i clienti Porsche in Italia
PADOVA, Italia, April 19, 2018 /PRNewswire/ — Dopo 3 mesi di sperimentazione Porsche Italia lancia ufficialmente Porsche Flex Drive, il servizio è disponibile in oltre il 50 % dei Centri Porsche italiani Porsche Italia estende l’offerta dell’innovativo servizio destinato a clienti che cercano la massima flessibilità e comodità nell’utilizzo della propria Porsche. Porsche Flex Drive_911… Continue reading Porsche Flex Drive: una esclusiva formula di noleggio per i clienti Porsche in Italia
Aston Martin DBS Superleggera name revealed for Vanquish replacement
Aston Martin has revealed that its next flagship Super GT will be called DBS Superleggera, and will be revealed in full in the second quarter of 2018. Replacing the Vanquish S, the DBS Superleggera resurrects the DBS nameplate. Most recently the name was used on Aston’s hardcore take on the DB9, though Aston is keen… Continue reading Aston Martin DBS Superleggera name revealed for Vanquish replacement
The Ferrari team invests 382 million a year in R & D
Ferrari is the most famous team of the Formula 1 races and also the one with the biggest budget. However, details of it are now known. Thus, the brand spent 382 million in R & D in 2016, 93 in paying its workers and 66 in operating expenses. The statements indicate that Ferrari generated $… Continue reading The Ferrari team invests 382 million a year in R & D
GM confirms plan to cut 1500 workers, but says it won’t abandon small car market
Washington GENERAL Motors confirmed on Sunday its plans to eliminate a shift at an Ohio plant, idling some 1,500 employees as demand for compact cars dips. The downsizing of the workforce in Lordstown, Ohio – where GM produces the Chevrolet Cruze – was related to “historic” market changes that spelled lower demand for compact cars,… Continue reading GM confirms plan to cut 1500 workers, but says it won’t abandon small car market
Recall issued for 2018 Alfa Romeo Stelvio: Here's why
A pair of recalls are being issued for certain 2018 Alfa Romeo Stelvio SUVs. (Photo: FCA US) Fiat Chrysler Automobiles is issuing recalls for certain 2018 Alfa Romeo Stelvio SUVs, in part because the rear liftgate could open unintentionally at very low speeds. The National Highway Traffic Safety Administration issued an alert about the recalls, technically… Continue reading Recall issued for 2018 Alfa Romeo Stelvio: Here's why
Waymo reportedly applies to put autonomous cars on California roads with no safety drivers
Waymo has become the second company to apply for the newly-available permit to deploy autonomous vehicles without safety drivers on some California roads, the San Francisco Chronicle reports. It would be putting its cars — well, minivans — on streets around Mountain View, where it already has an abundance of data. The company already has… Continue reading Waymo reportedly applies to put autonomous cars on California roads with no safety drivers
GM Firing 1,500 Workers Undermines Trump’s Boasts on Auto Jobs
General Motors Co. will fire as many as 1,500 workers at the end of June at the Ohio factory building the Chevrolet Cruze compact car, undercutting President Donald Trump’s bombast about bringing back auto jobs. The Lordstown assembly plant will operate on only one shift as part of the cutback, spokeswoman Dayna Hart said in… Continue reading GM Firing 1,500 Workers Undermines Trump’s Boasts on Auto Jobs
Press Releases – Motor vehicles generate €413 billion in taxes for EU-15, new data shows
Brussels, 16 April 2018 – The latest data shows that taxation on motor vehicles in the EU-15 is worth €413 billion annually – about three times the total budget of the European Union. This figure is up 4% compared with one year earlier. The data was published today in the 2018 Tax Guide of the… Continue reading Press Releases – Motor vehicles generate €413 billion in taxes for EU-15, new data shows
Top Automotive Industry News for Week of April 9 – April 15, 2018
Here is the most important news associated with the automotive industry identified by the SEA for the week April 8, 2018 – April 15, 2018. We hope it helps you stay up to speed on the key developments in our industry: -Automotive Manufacturing News- Audi brand to be excluded from VW sportscar brand overhaul: source… Continue reading Top Automotive Industry News for Week of April 9 – April 15, 2018