Cosworth plans for IPO in 2019

Legendary manufacturer of Formula One engines, Britain-based Cosworth, has plans to go public in 2019 in New York. Reuters reported on Thursday that the company is looking to launch an initial public offering (IPO) after the first quarter of 2019. Today, Cosworth does much more than build engines. The British engineering company, which Ford owned until...

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2019 Volvo S60 to be unveiled June 20 at Charleston plant

As Volvo prepares to inaugurate its first United States-based manufacturing facility in South Carolina, the Swedish luxury marque announced it will also reveal the 2019 S60 sedan at the same location. The S60 will make its debut at the Charleston production facility on June 20. Motor Authority is scheduled to be on hand in Charleston for the reveal of the...

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Porsche 911 Speedster Concept honors brand’s 70-year anniversary

On June 8, 1948, the first Porsche 356 Roadster received its operating permit. Porsche celebrated that milestone Friday with a "70 years of Porsche Sports Cars" event in Stuttgart-Zuffenhausen, Germany. And what better way to link to the past than to reveal a concept car that pays homage to that original roadster as well as the various 356 and 911 Speedster...

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Porsche Taycan is the name for the production Mission E

Porsche continues to prepare its assault on Tesla, and on Friday the German automaker announced the production version of the Mission E concept will be called the Porsche Taycan (pronounced "tie-con"). Set to likely be unveiled later in 2018—possibly at the 2018 Los Angeles auto show—the Taycan will square off with the Tesla Model S, though it...

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Polestar 1 finds most buyers in North America thus far

The Polestar 1 has yet to make its North American debut, but that hasn’t stopped locals to the continent from plopping down cash for the electrified, carbon-fiber-bodied sports coupe. Polestar CEO Thomas Ingenlath revealed on Thursday that North America is, in fact, the brand’s biggest market, according to a Thursday report from (subscription required). Polestar has shown its first model, …

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Porsche creates replica of the first 356 to mark 70th anniversary

Porsche has had a long and complicated history, and the first true Porsche is quite a hard thing to pin down—for some, it's the earliest cars designed by Ferdinand Porsche in the early 20th century. For others, it might be the striking pre-war Type 64 race car, and for others still—including Porsche itself—it was the 356. There's one...

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2018 Formula 1 Canadian Grand Prix preview

This weekend is round seven of the 2018 Formula 1 World Championship, which takes us to Montreal's Circuit Gilles Villeneuve, home of the Canadian Grand Prix. The 2.71-mile track layout almost always delivers an action-packed race. Overtaking is relatively straightforward, speeds are high and the cars are pushed to their limits; likewise, the concrete walls...

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Report: Porsche green lights coupe-like Cayenne

A coupe-like version of the Porsche Cayenne has been rumored for several years, but Autocar on Friday reported that Porsche CEO Oliver Blume has finally given it the green light for production. The British publication, citing engineering sources close to Porsche, reported that sales of the coupe-like Cayenne would start in 2019, suggesting that the vehicle...

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