Tag Archives: Industry

Porsche is officially done with diesels

Porsche in recent months has been in the midst of internal talks regarding the future of diesel engines within its own lineup. Those talks are clearly over, because the German automaker has just killed off the last remaining oil-burner holdouts in the lineup. For Porsche, diesel is now officially dead. According to Autocar, Porsche has removed the last two...

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First EVs on Audi and Porsche’s PPE platform coming in 2021

Audi will introduce its first volume electric car this year in the form of the e-tron SUV. Fellow Volkswagen Group member Porsche will follow in 2019 with its own electric car in the form of the production version of 2015's Mission E concept. The two cars ride on distinct platforms developed independently, C-BEV in the case of Audi and J1 in the case of...

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Lexus tops 2018 JD Power Dependability Study

Lexus was rated the most dependable brand in the annual J.D. Power Dependability Study for the seventh time in a row, further strengthening the brand's reputation for quality and reliability. The annual study examines problems experienced during the past 12 months by original owners of vehicles bought new three years ago, which for the 2018 study means...

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Faraday Future teases second SUV at supplier meeting

Faraday Future on Wednesday gave a preview of a model to follow the FF91, which the company remains hopeful of getting into production by the end of 2018. The preview came in the form of a design sketch shown briefly to attendees at a supplier meeting. The electric car startup held the meeting with representatives from more than 100 suppliers at its...

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Faraday Future receives $1.5B lifeline

Faraday Future's vision hasn't exactly panned out as once imagined, and serious financial problems have ensued. However, a Hong Kong-based entity has thrown the struggling electric-car maker a $1.5 billion lifeline to keep the lights on. Business Insider reported on Tuesday that the unnamed entity has already deposited $550 million of the investment to keep...

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Aston Martin gives update on plant where DBX SUV, Lagonda sedans will be built

Aston Martin's main plant is located in Gaydon, England, but in late 2016 the automaker started construction of a second plant in St Athan, Wales in anticipation of new, higher volume models. Located on the site of a former military air base, the plant is scheduled to start production of Aston Martin's DBX SUV in 2019. It will also be the production...

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3D printing allows Porsche to create obscure parts for classic cars

Three-dimensional printing is poised to revolutionize manufacturing and production processes. It's also excellent news for owners of vintage cars in need of pretty obscure parts. Porsche Classic announced on Monday that it now has the ability to 3D print parts that may no longer be available. Tests began with a release lever for the clutch of the Porsche...

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Ford increasing production of Expedition, Navigator SUVs

It's nothing but good news for Ford and Lincoln's full-size SUVs. Ford Motor Company (automaker announced on Monday it will increase production of the 2018 Expedition and 2018 Navigator to meet customer demand. Ford is making an additional $25 million in the Kentucky truck plant to boost output of the two SUVs. Line speed will increase with the help of 400...

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Tesla reveals 2017 financial results, records near $2B loss

Investors have rallied around Tesla, riding high on a wave of future promises from the electric car company. Tesla's 2017 financial results released on Wednesday still show the company has a long way to go, however. Tesla lost a total of $1.96 billion in 2017 and posted its worst financial quarter ever in Q4. The company ended up losing a record $675.4...

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