Tag Archives: Industry

Aston Martin recalls over 5,000 cars in US

Aston Martin has issued a pair of recalls that affect a significant portion of its customers in the United States as over 5,000 cars are involved. The more concerning of the recalls deals with the 6-speed automatic transmission fitted to 3,493 cars made up of the following models: 2009-2016 Aston Martin DB9 2009-2012 Aston Martin DBS 2010-2015 Aston Martin...

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Honda looking at solid-state battery technology

Honda spokesperson Teruhiko Tatebe has revealed to Reuters that the automaker is investigating the use of solid-state batteries for future electric cars. Solid-state batteries are seen as a breakthrough technology for electric cars as they promise significantly improved battery density compared to current technology, which means range can be increased...

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Nio considering IPO, stake sale

Chinese electric car startup Nio has just introduced its first volume vehicle on the market in the form of the Tesla Model X-rivaling ES8, but the long-term plan is to offer a full portfolio ranging from city cars to self-driving cars to world-beating supercars. The company is looking to draw investments to fund the ambition plans, and according to...

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BMW partners with US solid-state battery company

As electrification moves to the automotive world's center stage, automakers are quickly sorting out strategic partnerships with battery suppliers to solidify their futures. On Monday, Solid Power, a U.S.-based battery company, announced it would work with BMW on game-changing solid-state batteries. A solid-state battery replaces liquid or gel-like...

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New boss at Audi Sport as Winkelmann focuses on Bugatti

After leading Audi Sport since early 2016, Stephan Winkelmann will now relinquish his role as chief of the performance division in order to focus on Bugatti, whose leadership he was assigned after former boss Wolfgang Dürheimer stepped down in October. To replace Winkelmann, Audi has selected Michael-Julius Renz, who currently oversees sales of the...

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BMW Group delivers over 100,000 electrified cars in 2017

The BMW Group has reached its goal of delivering more than 100,000 electrified cars in 2017. The total includes hybrids and electric cars sold across the BMW and Mini brands. The 100,000th car was a BMW i3 finished in blue. It was handed over to its owner at the BMW Group headquarters in Munich, Germany at a special ceremony on Monday. The BMW Group also...

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Aston Martin edges closer to potential sale or IPO

Reports of Aston Martin attempting to go public by filing an initial public offering (IPO) date back as far as the brand's sale by Ford in 2008 to a consortium led by Prodrive founder David Richards. Aston Martin is now in the midst of a massive expansion plan that calls for seven cars in seven years—the first two are the DB11 and redesigned...

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Toyota ramps up electrification plans, targets 1 million zero-emission cars by 2030

Toyota on Monday announced it would accelerate its vehicle electrification plans as part of an overarching strategy to reduce fleet-wide carbon emissions by as much as 90 percent from 2010 levels by the year 2050. Under the accelerated plans, Toyota hopes to have every model in the Toyota and Lexus lineups either be a dedicated electrified car or offer an...

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Geely looking to buy stake in Mercedes’ parent Daimler

Having just acquired Terrafugia, Lotus, and a sizable stake in Proton, holding company Zhejiang Geely's international buying spree doesn't look to be slowing down yet. State-run China Central Television (via The Standard) has reported that Geely, which also owns Volvo and Lynk & Co., plus its own eponymous car brand, is set to acquire...

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Alpine A110 enters production at historic Dieppe plant

It's been a long time coming, but Alpine's A110 is finally in production. Some readers will recall Alpine's parent company, Renault, first announced plans for the car in 2012. It was originally to be developed alongside a similar model from Caterham, but the British firm pulled out of the deal two years later. Thankfully Renault forged...

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