Pagani: why the small Italian maker is planning an electric hypercar

The fastest thing about many supercar start-ups is the speed at which they fold, some producing nothing more than broken promises during the brief period between foundation and demise. Not so Pagani. The Italian manufacturer remains a tiny player when compared with Ferrari and Lamborghini, but it has proved to be in it for the… Continue reading Pagani: why the small Italian maker is planning an electric hypercar

McLaren Automotive passes 15,000 cars built milestone

McLaren Automotive manufactures its 15,000th car, after just seven years of production Milestone comes less than 18 months after the manufacture of the 10,000th car, demonstrating growth in customer demand and manufacturing operations McLaren Automotive today celebrated the manufacture of its 15,000th car at the McLaren Production Centre (MPC) in Woking, Surrey, just seven years… Continue reading McLaren Automotive passes 15,000 cars built milestone

S.Korea stocks, won shrug off cancellation of Trump-Kim summit

* KOSPI weakens marginally, won reverses earlier losses * N.Korea-exposed shares fall, some heavyweights rise * Investors hopeful of an eventual summit – analyst (Updates with closing figures) SEOUL, May 25 (Reuters) – South Korean shares ended slightly lower and the won pared earlier losses to end higher on Friday, reacting calmly to President Donald… Continue reading S.Korea stocks, won shrug off cancellation of Trump-Kim summit

GM, Ford rally after tariff warning

Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world’s media organizations, and directly to consumers at Reuters.com and via Reuters TV. Learn… Continue reading GM, Ford rally after tariff warning

Citroen C5 Aircross SUV launched in Europe

Citroën has officially launched the C5 Aircross in Europe, bringing a firm focus on in-car comfort to the compact five-seat SUV segment. One year after a China-specific model made its debut at the Shanghai motor show, Citroën has now repackaged the C5 Aircross to appeal to European customers. It is set to rival the Nissan Qashqai and… Continue reading Citroen C5 Aircross SUV launched in Europe

Australia can be competitive car manufacturer again, says UK industrialist

Business (Australia) Producing cheaper, lighter electric cars is key, says Sanjeev Gupta whose company bought South Australia Whyalla steelworks Sign up to receive the top stories in Australia every day at noon British Industrialist Sanjeev Gupta says his company will in the next two or three years have an electric car in production in Australia.… Continue reading Australia can be competitive car manufacturer again, says UK industrialist

Canadian entrepreneur buys 10% of McLaren Group for almost £204m

Michael Latifi, a Canadian businessman, has become McLaren Group’s third-largest shareholder, investing almost £204 million in return for a 10% stake.  Latifi’s company Nidala Limited now owns one tenth of McLaren Automotive, McLaren Racing and McLaren Applied Technologies, with the only larger shareholders being the Bahrain Mumtalakat Holding Company and Mansour Ojjeh’s TAG Group.  McLaren… Continue reading Canadian entrepreneur buys 10% of McLaren Group for almost £204m

Prodrive: how it went from building rally cars to hybrid transit vans

“I’ve always looked at ambulances as heavy, old technology. How do you bring them into the modern era? That’s what we’re working on next.” David Richards, the boss of the Prodrive race team and engineering company he set up in 1984, is nothing if not diverse in his business. While closely associated with high-profile World… Continue reading Prodrive: how it went from building rally cars to hybrid transit vans

Aston Martin hires former Bugatti exterior designer amid performance boost plans

Aston Martin’s shift towards becoming a brand of higher-performance models has taken another step forward with its hiring of former Bugatti employee Tobias Sühlmann as exterior design boss. Sühlmann, who has worked for Mercedes, the PSA Group and Volkswagen before moving to hypercar-maker Bugatti as its exterior creative development boss, arrives at a time Aston… Continue reading Aston Martin hires former Bugatti exterior designer amid performance boost plans

Aston Martin Valkyrie to use more advanced materials than F1

Aston Martin‘s Adrian Newey-inspired hypercar, the Valkyrie, is so extreme that it uses materials and parts not even Red Bull Racing, who is co-developing the car, features on its Formula 1 racers. Autocar has learned that with no regulations to restrict development, several components and materials used on the £2.5 million hypercar are of far higher performance than those used on the latest… Continue reading Aston Martin Valkyrie to use more advanced materials than F1