Tag Archives: Industry

Mercedes-Benz Collection subscription starts trials in 2 US cities

Mercedes-Benz is the latest to jump on the car subscription bandwagon with the new service Mercedes-Benz Collection to start trials this June in Nashville, Tennessee and Philadelphia, Pennsylvania, the automaker confirmed Thursday. It follows Mercedes' announcement in March of the Mercedes me Flexperience subscription for the German market, as well as BMW's...

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VW Group ousts CEO, names Diess as replacement, announces restructuring

Volkswagen Group has ousted CEO Matthias Müller and replaced him with Herbert Diess, previously CEO of the Volkswagen brand within the larger 12-brand corporation. The move is part of an effort to reorganize the company to do business more efficiently, the company said. VW Group will reorganized into six business areas and the China region, which is VW...

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Lincoln taking steps to protect resale value

Lincoln is future-proofing the residual values of its vehicles by curbing sales to fleet businesses. In the short term, the move is hurting monthly sales figures. The plan is part of Ford CEO Jim Hackett's strategy to improve Lincoln's operational fitness, Automotive News (subscription required) reported on Sunday. The fleet sale cuts will see fewer cars...

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Report: Tesla targets November 2019 state date for Model Y production

Tesla's next model bound for production is the Model Y, a small SUV related to the Model 3. The company released a teaser for the vehicle last June and confirmed a launch date in 2019. Reuters has since learned from supplier sources that Tesla is looking to start production of the Model Y in November of 2019 at the company's vehicle plant in Fremont...

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Alcantara maker can’t keep up with demand

Alcantara, the company that makes the suede-like material of the same name, has increasingly turned away new business as it struggles to meet demand. In fact, demand for the material in automobiles has surged 15 percent over the last seven years. The company simply can't make enough of the material, Motor Trend reported last Friday, but it's not just the...

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The most famous engineer you’ve never heard of

Charles D. Strang, Jr. lived a long and vibrant life filled with an obsession for technical innovation and a passion for racing. He produced milestones in marine, automotive and aerospace development, and although his accomplishments have touched nearly all of us, he remains unheralded even after his quiet passing on March 11 at the age of 96. Such was the...

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Bentley will add 10,000 more solar panels to its plant

One of the United Kingdom's largest array of solar panels will soon be completed at Bentley's Crewe plant. The Brit automaker announced Tuesday that construction has begun on a 10,000-unit strong solar farm to cover a carpark at its plant. Once completed, the solar farm will provide 2.7 megawatts of power, or enough to cover about a quarter of Bentley's...

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Overland ATS wants to build 150-mph Skyways above US highways

Yet another company believes it has the solution to rid American cities and highways of congestion. Overland ATS (Automated Transport Systems) has debuted what it calls the Skyway in an effort to completely rethink transportation. The basic concept of the Overland ATS system is to build the Skyway above today's interstate and highway systems. Vehicles...

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VW Group hints at possible leadership changes, including CEO position

The Volkswagen Group on Tuesday issued the statement that it is in the process of reviewing its senior management structure and that this could result in potential personnel changes, including the position of CEO Matthias Müller. The short statement said the VW Group board of directors is also looking at changing specific responsibilities of senior...

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