Tag Archives: Industry

Delphi buys self-driving startup nuTonomy for $450M

Boston, Massachusetts-based self-driving car startup nuTonomy made headlines in 2016 when it launched the world's first self-driving taxi service. Albeit a trial only, the service, which covered a few streets in Singapore, provided an early look at a likely future where self-driving cars run around town offering rides. nuTonomy says a self-driving...

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Tesla built just 260 Model 3 sedans in Q3 while losing $619M

It appears Tesla CEO Elon Musk wasn't lying when he said in October the company was in "production hell" due to problems concerning production of the Model 3 sedan. The company on Wednesday announced its results for the quarter ending September 30 and some of the numbers released are worrying, to say the least. The big one is the loss of...

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Ex-BMW engineer to oversee development of next-gen platforms at Genesis

Genesis on Tuesday announced it has hired former BMW engineer Fayez Abdul Rahman as Vice President of Genesis Architecture Development. In his new role, Rahman will oversee development of next-generation vehicle platforms for Genesis cars and possibly some at Hyundai and Kia. His first task will be to lead planning for specification and performance of...

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Holden’s secret plan to build a Zeta-based SUV

Before there was the Alpha and Omega, General Motors had a platform for rear-wheel-drive large cars called Zeta. Developed in Australia by GM's local subsidiary Holden, the platform was economical enough to use in non-premium cars but it was also a bit on the heavy side. (It featured in the fifth-generation Chevrolet Camaro which was often criticized...

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European Union launches battery cell alliance to compete with Asia

Battery cells are poised to become the most important component in future vehicles as the industry moves away from internal-combustion engines and toward battery-electric vehicles. With an increased demand for battery packs, battery cell production will be paramount, and the European Union plans to address its competitive disadvantage. The EU announced a...

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McLaren F1 designer Gordon Murray launches own car company

McLaren F1 designer Gordon Murray has just launched a car manufacturing outfit. Called Gordon Murray Automotive, the new company is a spinoff of Murray's eponymous design company formed in 2007 and responsible for the iStream production process. Gordon Murray Automotive will look to utilize iStream for low-volume production to be sold under the Gordon...

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Report: Tesla receives approval for Chinese plant

Tesla has been hinting at a Chinese plant since 2014 and now it appears the company has finally received approval for one. Citing people familiar with the matter, The Wall Street Journal on Sunday reported that Tesla has reached an agreement with officials in Shanghai to construct a plant in the city's free-trade zone without partnering with a local...

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New bosses at Bentley, Bugatti as Wolfgang Dürheimer steps down

Volkswagen Group veteran Wolfgang Dürheimer is relinquishing his head roles at Bentley and Bugatti, the automaker confirmed Friday. Current Audi Sport chief Stephan Winkelmann, who led Lamborghini for a decade prior to joining Audi, has been assigned the top job at Bugatti. He will start the new role on January 1, 2018, bringing with him years of...

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End of the road for Australian car production

It's a sad day for automotive enthusiasts in Australia, and a few in other parts of the globe, as the country's car industry comes to a grinding halt. On Friday, General Motors' local subsidiary Holden turned the lights off at its plant in Elizabeth, South Australia, ending 69 years of Holden production in the country. The brand will live...

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Hyperloop One rebrands as Virgin Hyperloop One following sizable investment

The CEO of both Tesla and SpaceX, Elon Musk, may have initially proposed the idea of the Hyperloop, but the legendary entrepreneur only began work on his own Hyperloop system recently after offering the idea to the world a four years ago as an open-source project of sorts. In the meantime, a company by the name of Hyperloop One has worked most diligently on...

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