Tag Archives: Industry

Electric self-driving semi concept previews Ford’s long-haul vision

Ford isn't exactly known for semitrucks around the world, but that may soon change. At the IAA Commercial Vehicle Show in Germany on Thursday, Ford showed off its F-Vision Future Truck concept. Ford Otosan, based in Turkey and the automaker's largest commercial vehicle production base, debuted the F-Vision as an electric tractor with Level 4 self-driving...

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Aston Martin could be valued up to $6.7B in IPO

Talk of Aston Martin going public by way of an initial public offering (IPO) dates back as far as the brand's 2008 sale by Ford to a consortium led by Prodrive founder David Richards. Aston Martin finally made it official in August with the announcement of its intention to float on the London Stock Exchange, and since then the company has established...

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Classic car restorer and dealer JD Classics sold to new owner

JD Classics can breathe a sigh of relief as it's been sold to a new owner. AM Online reported Tuesday that the major classic car restorer and dealer found a buyer in Woodham Mortimer, a company controlled by HPS Investment Partners LLC. Woodham Mortimer's purchase of JD Classics secured 60 jobs at the company's headquarters in Maldon, England, and the sale...

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Veteran Ford designer J Mays joins appliance maker Whirlpool

Longtime Ford designer J Mays has a new position at appliance maker Whirlpool. The veteran designer has been appointed vice president and chief design officer of Whirlpool Corporation, based in western Michigan. Whirlpool announced Mays' appointment on Monday. He'll be responsible for "translating consumer insights, needs and wants...into next-generation...

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Nissan, Mitsubishi next-gen infotainment to be powered by Google’s Android

Google's Android operating system will be at the core of next-generation infotainment systems from Mitsubishi and Nissan arriving on the market in 2021. The Renault Nissan Mitsubishi Alliance announced Tuesday that future infotainment systems will feature the Android operating system to outfit its cars with a host of Google apps, which many users will...

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Toyota Supra to be built alongside BMW Z4 at Austrian plant

Toyota confirmed Wednesday that its new Supra sports car will be built alongside the related BMW Z4 (shown below) at a plant in Graz, Austria. The plant is operated by independent vehicle manufacturer Magna Steyr and has produced the G-Class for Mercedes-Benz for several decades and more recently started producing the E-Pace and I-Pace for Jaguar. Soon it...

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Saudi Arabia invests $1B in Tesla rival Lucid

Saudi Arabia may or may not be interested in taking Tesla private but the Middle Eastern country, via its Public Investment Fund (PIF), is ready to invest in rival electric car brand Lucid Motors. Silicon Valley-based Lucid confirmed Monday that the Saudis will invest $1.0 billion in the company, believed to be for a majority stake. The deal, which is still...

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VW Group will have 27 EVs based on MEB platform by 2022

The Volkswagen Group on Monday gave an update on progress of its modular platform for non-premium cars, known as MEB, an acronym for the German translation of “Modular Electric Toolkit.” The automaker said 27 models spread across four brands (likely Volkswagen, Skoda, Seat and Audi) will be available by the end of 2022, ranging from compact cars...

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Navya already sells fully self-driving cars, including in US

It's hard to believe how quickly the future is approaching. Waymo, formerly the Google Self-Driving Car Project, plans to launch its first commercial service for self-driving cars later this year, essentially a fully automated ride-hailing service covering about 100 square miles in Phoenix, Arizona. However, there's a French company already building and...

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Volvo self-driving cars to test on roads in Sweden

Volvo has scored a win with the Swedish Transportation Agency (Transportstyrelsen). The company has been granted permission to test its self-driving cars in the country on public roads, DI Digital reported Friday. The government documents stated that Volvo may operate self-driving cars on public roads in the Gothenburg area, but they will be restricted to...

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