Tag Archives: Industry

Jost Capito quits McLaren F1 team to run Volkswagen R division

The driving force behind Ford's first Focus RS and F-150 Raptor has now been tasked with churning out high-performance Volkswagens, including the next Golf R. We're talking about motorsport veteran Jost Capito who has quit his job as CEO of the McLaren Formula One team to return to the...

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Toyota offloaded Tesla shares in 2016

Toyota on Saturday revealed that it sold its remaining shares in Tesla at the end of 2016. The Japanese automaker previously sold some of the shares in 2014. Toyota's investment in Tesla followed that of Mercedes-Benz parent company Daimler in 2009. Daimler bought 10 percent of Tesla for an...

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Could BMW follow Volvo, GM in exporting Chinese-made cars?

BMW builds a number of models in China through a joint venture with local automaker Brilliance. The cars are only sold in China at present but that could change as BMW has been granted an export license by the Chinese government. The information was confirmed to Automotive News (subscription...

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Lexus gives inside look at LC production

On a dedicated line at the Toyota Motomachi Plant in Aichi, Japan, Lexus' most skilled craftspeople, known as Takumi, Japanese for "artisan," work on LC production. Many of the same staff worked on Lexus' LFA at the Motomachi plant and now they're using the skills...

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Chuck Norris now the face of Fiat Professional vehicles

Chuck Norris' popularity reigns supreme, even though the actor and martial artist hasn't been featured in a movie to television show since 2001. We can thank the internet and a steady flow of memes for his continued popularity. Perhaps thanks to all the Chuck Norris jokes, he has a new role with...

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Oliver Heilmer named Mini design boss

The BMW Group confirmed on Thursday that Oliver Heilmer will take over as the new design boss at Mini. Mini's last design boss, Anders Warming, left the brand last summer to join Chinese-backed automaker Borgward. Heilmer is currently head of BMW Group's Designworks studio and will start his...

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