Tag Archives: Industry

Land Rover Road Rover? British brand moves to trademark name

Could Land Rover have a radical new model in the works? A new trademark filing has fueled speculation that the SUV-centric brand could bring a more road-biased model to market. Autocar reported on the trademark filing Wednesday, but little else is known about what Jaguar Land Rover may do with the name. Rumors first swirled over a Mercedes-Benz S-Class...

Read More »

Ford Autonomous Vehicles is Blue Oval’s new unit for self-driving cars

Future self-driving cars and associated engineering will have a home inside Ford Autonomous Vehicles LLC. The Dearborn, Michigan-based automaker announced the new organization on Tuesday with the intent to accelerate its self-driving car business. Ford AV will be tasked with handling numerous segments of the self-driving car industry. They include system...

Read More »

The cars that Sergio Marchionne left us with: the good, the bad, and the "unfit"

Sergio Marchionne's death Wednesday left a hole in the automotive industry that may last for decades. The plainspoken, sweatered CEO of Fiat Chrysler Automobiles pulled few punches in public—and fewer in private. Longtime interior designer at FCA, Klaus Busse, tweeted Wednesday that design reviews with Marchionne "weren't easy." "If he did not like...

Read More »

Sergio Marchionne dies following complications with surgery

Former Fiat Chrysler Automobiles CEO and Ferrari Chairman and CEO Sergio Marchionne has succumbed to the complications that arose following recent shoulder surgery at a hospital in Zurich, Switzerland. He was 66. His passing was confirmed Wednesday by John Elkann, grandson of Gianni Agnelli and chairman of EXOR, the investment company that controls FCA...

Read More »

Opel posts first profit in almost 2 decades

Germany's Opel is already seeing the results of synergies with new parent PSA Group as the brand has just reported its first profit in almost two decades. Opel (Vauxhall in the United Kingdom) on Tuesday reported sales of 550,900 units and a profit of $587 million for the first six months of 2018. Opel's profit margin has also reached 5 percent, which is...

Read More »

VW boss says traditional auto shows are dead

Volkswagen chairman Herbert Diess believes the auto show circuit as we know it is dead. Instead, festivals and dynamic events like the Goodwood Festival of Speed are the way forward for such events, he told Motoring in an interview published Tuesday. Not only will festival atmospheres take over from traditional auto shows, but off-site events for individual...

Read More »

Waymo’s self-driving cars are driving 25,000 miles a day

Each and every day, Alphabet Inc.'s Waymo self-driving car subsidiary sees its fleet of autonomous vehicles drive a combined distance of 25,000 miles—and the mileage is even higher when counting simulated miles. The company shared its latest achievement on Friday, when it also revealed that the self-driving car fleet has reached 8.0 million miles on...

Read More »

BMW, VW will receive early lead in gaining control of Chinese joint ventures

Come 2022, China will officially scrap ownership limits on foreign automakers and the joint-venture agreements those limits require. However, the country has given BMW and Volkswagen an early lead on removing the limits. Both German automakers signed agreements with their joint-venture partners in the presence of Chinese Premier Li Keqiang that will remove...

Read More »

Tariffs mean Volvo will source XC60s for US from Sweden instead of China

Volvo has started sourcing XC60 SUVs for sale in the United States from Sweden instead of China to avoid new tariffs introduced this month by President Donald Trump's administration on certain Chinese-made goods. The information was confirmed by Volvo CEO Håkan Samuelsson in an interview with Reuters published Thursday. “We will of course...

Read More »

German Tesla Model S owners told to repay $4,650 electric car subsidy

Hundreds of Tesla Model S owners in Germany will be required to repay a $4,650 electric car subsidy after the country's Federal Office for Economic Affairs and Export Control ruled the car does not qualify. Around 800 owners will be responsible for the sum after the agency declared the Model S is too expensive and does not meet the "environmental bonus"...

Read More »