Dr. Graham Hoare OBE is executive director, Business Transformation, Ford of Britain, leading the implementation of Ford’s Sprint to 6 Reset & Redesign plan in the UK, reporting to Steven Armstrong, group vice president and president, Europe, Middle East and Africa. He is also a member of the Boards of Ford of Britain and Ford… Continue reading Graham Hoare
Tag: JLR
Anning Chen
Anning Chen is appointed president and CEO of Ford China, effective November 1, 2018. Chen will report directly to Jim Farley, president of global markets, Ford Motor Company. In this newly-created role, Chen will lead the company’s operations in Greater China, including all import and joint venture operations. He will also implement the company’s global… Continue reading Anning Chen
Porsche doubles production of the electric car it hasn’t even released yet in run for Tesla’s market
Source: Porsche
2019 Porsche Taycan
Porsche is already having to double its production plan on the electric car it hasn't even released yet.
The German car maker known for its sports cars and racing heritage said stronger-than-expected demand has led it to boost production on its electric Taycan car from 20,000 to 40,000 units, the company confirmed to CNBC on Wednesday.
Source: Porsche
2019 Porsche Taycan
“We had been ready for it,” said Andrew Lennon, a manager of product communications for Porsche. “We had the ability to increase capacity from the beginning, and executives recently made the decision to go ahead.”
Porsche announced a second variation of the vehicle based on the Cross Turismo concept in October. The company began taking orders last summer and expects the car to be available for sale in the U.S. by the end of the year.
Source: Porsche
2019 Porsche Taycan
The Taycan is yet another example of several high-end electric cars expected to enter the market over the next few years. For example, Jaguar launched the I-Pace electric crossover last year, Audi plans to soon roll out its e-tron sport utility vehicle. Even Ford plans to offer a high-performance electric inspired by its Mustang sports car.
The sports car is expected to give Tesla a run for its money, or at least a run for its customers. Tesla sold 245,240 vehicles last year, 145,846 Model 3 sedans and a combined 99,394 Model S sedans and Model X SUVs.
Source: Porsche
2019 Porsche Taycan
The Taycan, which the company says roughly translates to lively young horse, is expected to start at around $80,000 according to Electrek magazine.
Porsche sold 57,202 vehicles in 2018, almost half of which were its Macan cross-over utility car. Its popular SUV, the Cayenne, had 10,733 in sales and its signature 911 sports car sold 9,647 units. Sales of its 718 entry-level sports car and Panamera sedan made up the rest.
The Jaguar I-PACE is its first, all-electric vehicle.
Porsche invests in US start-up “Urgent.ly”
The financing round amounted to 21 million US dollars (18.5 million euros). Alongside “Porsche Ventures”, other companies obtained shares in Urgent.ly, including “BMW i Ventures” and “InMotion Ventures”, the venture capital division of Jaguar Land Rover. The US start-up’s platform supports roadside assistance services in North America, Europe and Asia. Using artificial intelligence and geo-location,… Continue reading Porsche invests in US start-up “Urgent.ly”
Urgent.ly Raises $21M in Series B Funding
Urgent.ly, a Vienna, VA- and San Diego, CA-based connected roadside assistance service supported by a technology platform, raised $21m in Series B funding. Backers included InMotion Ventures, Jaguar Land Rover’s venture capital fund, BMW i Ventures and Porsche Ventures. The company, which had already announced the raise of $10m in Series B in Oct. 2017,… Continue reading Urgent.ly Raises $21M in Series B Funding
INMOTION VENTURES INVESTS IN URGENT.LY AS PART OF $21 MILLION ROUND
× {{dictionary[‘Added to your cart’]}} × {{dictionary[‘CART WARNING’]}} {{dictionary[‘Sorry, your cart is currently full. Please remove ‘]}} × {{dictionary[‘Cookie message and title’]}} × Pagination Warning! Sorry, Please add a number less than maximum pages {{dictionary[‘User Licence – pop up text’]}} You have been detected as being located in: {{userLang}} A media site housing news, photo… Continue reading INMOTION VENTURES INVESTS IN URGENT.LY AS PART OF $21 MILLION ROUND
Waymo plans to open a self-driving car factory in Michigan
Waymo and Magna plan to build thousands of self-driving cars at a factory in southeast Michigan, including autonomous versions of the all-electric Jaguar I-PACE and Chrysler Pacifica Hybrid minivan. Waymo, the former Google self-driving project that spun out to become a business under Alphabet, announced Tuesday that the Michigan Economic Development Corporation voted to approve… Continue reading Waymo plans to open a self-driving car factory in Michigan
Waymo will build self-driving cars in Michigan
Waymo Waymo just took another major step toward bringing self-driving cars into the mainstream. The Alphabet-owned brand has received approval to establish a factory for its driverless vehicles in Michigan. This will be the first factory in the world to be completely devoted to mass-producing Level 4 autonomous vehicles, the company said. It may be… Continue reading Waymo will build self-driving cars in Michigan
Growing our team and business in Michigan
Growing our team and business in Michigan Waymo TeamBlockedUnblockFollowFollowingJan 22 In the US, the auto industry is synonymous with Michigan. Auto manufacturing has created hundreds of thousands of jobs in the state and built an economic engine that helps fuel the entire country. Today, Waymo is excited to announce that we’ll grow our business in Michigan,… Continue reading Growing our team and business in Michigan
Jaguar I-Pace outsells all other cars in the Netherlands in December
Tax changes can have great effects on car sales. In Belgium, new fiscal deductability rules taking effect on January 1st 2018 prompted thousands of buyers to sign an order form for a (premium) plug-in hybrid in December. A similiar phenomenon has manifested itself in the Netherlands last month: Dutch company car drivers hurried to the… Continue reading Jaguar I-Pace outsells all other cars in the Netherlands in December