Industry

  • Ford introduces graphene infused components

    The pursuit of reducing unwanted noises from the engine compartment has reached a new level at Ford. The automaker announced last Tuesday it will begin incorporating the two-dimensional nanomaterial graphene under its hoods—a first for the automotive industry. Graphene has been called a "miracle" material in a number of industries, such as the paint, battery, and cell phone segments. It has been used in the automotive industry for paint, polymer, and battery applications. But, at Ford, the material will be used in fuel rail covers, pump covers, and front engine covers. Mostly, Ford will...

  • VW MEB platform
    VW Group builds first plant dedicated to EVs based on MEB platform

    The Volkswagen Group has started construction of the first plant that will solely build cars based on the new modular EV platform known as the MEB, the German auto giant announced Friday. Settled near Shanghai, China, where Tesla also plans a plant, the VW Group's new EV plant will first build...

  • Aston Martin Valkyrie in near-production form
    Aston Martin names carbon fiber supplier for Valkyrie hypercar

    Aston Martin has a carbon fiber supplier in TenCate Advanced Composites. The automaker said Wednesday it is forming a partnership with the materials manufacturer in order to source carbon fiber for the upcoming Valkyrie hypercar. Aston Martin said it has already worked closely with TenCate to...

  • 2018 Tesla Model 3 Long Range electric car, road test in greater Atlanta area, Feb 2018
    Tesla buys site for Chinese Gigafactory

    As Tesla moves forward with plans to build electric cars in China, the automaker has secured land in the country for one of its so-called Gigafactories. Reuters reported Wednesday that Tesla has signed an agreement with the Shanghai government for an 860,000-square meter plot of land for the new...

  • Terrafugia Transition flying car
    Terrafugia starts taking orders for first flying car

    Terrafugia, the flying car startup company with backing from China's Geely, has begun taking orders for its first flying car. Automotive News Europe (subscription required) reported Tuesday that deliveries of the flying car are expected to begin in 2019. The vehicle, called the Transition, will...

  • 2019 Audi Q8, Atacama Desert, Chili, media drive, June 2018
    German prosecutors fine Audi $927M over diesel scandal

    German prosecutors served Audi a $927 million fine for violating diesel emission regulations in Europe. Specifically, the fine pertains to 6- and 8-cylinder diesel engines that did not comply with emissions laws, Reuters reported Tuesday. The massive fine prompted Audi to cut key financial...

  • 2016 Borgward BX7

    Chinese automaker Foton announced a week ago that it will sell a 67-percent stake in Borgward to attract new investors and help the revived German automaker expand sales into new markets. Foton acquired the rights to the Borgward brand in 2014 and helped fund its revival. Under the sale plan, Foton will keep the remaining 33 percent of Borgward. Since its comeback, Borgward has launched the BX7, BX6 and BX5 crossover SUVs and announced plans for an electric BXi7 due in 2019. Borgward's lineup is currently assembled at a plant in Beijing, China but the automaker's headquarters and engineering...

  • GM optional extended warranty
    GM now offers extended bumper-to-bumper limited warranty

    General Motors on Monday said that it will now offer extended, full-coverage warranties for its Chevrolet, Buick, GMC, and Cadillac brands. Unlike other extended warranties, the new GM plans are a true extension of the factory warranty with no deductibles or limited coverage. For Chevrolet and GMC...

  • Audi Matrix LED headlight technology
    US to finally allow modern, self-dimming adaptive headlights

    While automakers have implemented advanced headlight technology in other markets for years, outdated regulations in the United States have kept advances from the market. That will soon change as the U.S. will soon allow self-dimming adaptive headlight technology. The National Highway Traffic and...

  • 2019 Porsche Macan
    Porsche CFO floated idea of IPO, could be valued at $81B, automaker says no way

    Going public with an IPO is a quick way to raise capital, which is important to Volkswagen Group in the wake of the diesel scandal. Porsche could provide that capital with an IPO of its own, if it were interested. On Friday finance chief Lutz Meschke floated the idea during a media event for the...

  • Scott Keogh, Volkswagen Group of America CEO
    Scott Keogh named new head of Volkswagen Group America

    Volkswagen Group has named Scott Keogh its new Volkswagen Group of America head. He takes on the roles of president and CEO of Volkswagen Group of America and head of the Volkswagen brand for the North American region. The executive was formerly head of Audi America and the Volkswagen brand in the...

  • 2018 BMW 5-Series built by BMW Brilliance Automotive joint venture
    BMW sets course to buy controlling stake in Chinese joint venture

    To build cars in China and escape the country's steep tariffs on imports, foreign automakers have had to partner with local firms via 50:50 joint ventures. However, the Chinese government earlier this year laid out a plan to phase out the rule by 2022, thus paving the way for foreign automakers to...

  • 'Revenge of the Electric Car' premiere: Tesla Motors CEO Elon Musk on red carpet

    James Murdoch, son of billionaire media mogul Rupert Murdoch, is the leading candidate to take over the chairman role at Tesla, the Financial Times reported Wednesday, citing two people familiar with the matter. However, Elon Musk, current CEO and chairman at Tesla, hit Twitter shortly after the report was published with the statement, “This is incorrect.” Musk agreed to give up the chairman role last month in a settlement with the Securities and Exchange Commission over a lawsuit filed against him for his infamous “funding secured” tweet made in early August in...

  • Nvidia Drive AGX Xavier
    Volvo will use Nvidia AI chip in next-gen SPA2 platform

    Volvo is the latest automaker to announce plans to integrate Nvidia's powerful Drive AGX chips in its cars. Volvo said Wednesday that Nvidia's Drive AGX Xavier chip will be the basis of the core computer that features in the next-generation SPA modular platform, which has been dubbed SPA2 and...

  • PSA Peugeot Citroën logo
    PSA Group will decide in coming months what brand(s) to launch in US

    French automaker PSA Group, which controls the Peugeot, Citroën, DS and Opel (Vauxhall) brands, plans to sell cars in the United States no later than 2026. In the coming months the automaker will make some key decisions surrounding how it plans to return, including what brand(s) will lead the...

  • Faraday Future completes first pre-production FF91 on August 28, 2018
    Faraday Future enters dispute with key investor

    Electric car startup Faraday Future is currently embroiled in a dispute with key investor Evergrande Health Industry Group, a subsidiary of property developer China Evergrande Group. Evergrande agreed in June to purchase a 45-percent stake in Faraday Future from a company by the name of Season...

  • Toyota e-Palette self-driving electric mobility concept
    Toyota and Softbank form Monet mobility company, plan autonomous services

    Toyota and technology investment firm Softbank on Thursday agreed to join forces in developing a new mobility company that will offer a variety of services including automated delivery and ride hailing. The new company, to be called Monet Technologies, will be established before the end of 2018...

  • Chevrolet Cruise AV self-driving car
    Feds look to loosen rules holding back self-driving car development

    Companies in the self-driving car space have been clamoring for a loosening of road rules originally designed for cars with human drivers, which the companies say are impeding the development of the technology—the main one being the requirement for a human onboard at all times. Regulators are...

  • 2020 Mercedes-Benz EQC

    Mercedes-Benz parent company Daimler is following Tesla's lead by constructing a battery plant in the United States to supply its future fleet of locally made electric cars. The battery plant will be located seven miles from Mercedes' vehicle plant in Tuscaloosa, Alabama and is part of a $1 billion investment announced by Daimler a year ago during 20th anniversary celebrations for the vehicle plant which builds most of Mercedes' SUVs. A groundbreaking ceremony for the battery plant took place on Friday, the same day the first customer example of the redesigned 2020 GLE rolled off the line at...

  • Hyperloop Transportation Technologies passenger pod
    Hyperloop Transportation Technologies shows design for passenger pod

    California-based Hyperloop Transportation Technologies showed off the design of its future passenger pod on Tuesday. Called the "Quintero One," the pod was revealed in Puerto de Santa Maria, Spain, which HTT's manufacturing partner, Carbures, calls home. After showing off its creation to the world...

  • Volkswagen ID Buzz
    VW targets 150,000 EV sales by 2020, over 1 million by 2025

    Volkswagen has set some ambitious sales targets for its future electric-car portfolio. In 2020, the German automaker expects to sell 150,000 electric cars globally. Five years later? One million electric cars. On Thursday, VW said it's working to accelerate its electric-car plans as it prepares to...

  • 2006 HUMMER H1 Alpha
    Hummer maker AM General reportedly up for sale, GM and FCA interested

    AM General, best known for bringing the Hummer brand into the world, has reportedly hung up a "for sale" sign. The company is allegedly seeking potential bidders, which may include both General Motors and Fiat-Chrysler Automobiles. Reuters reported Monday the list of potential buyers includes GM...

  • Concept rendering for Cruise purpose-built self-driving car
    Honda will invest $2.75B in GM's Cruise self-driving car business

    In the race to develop the world's first safe, reliable and robust driverless ride-hailing service, General Motors and its Cruise self-driving car unit just received major backing from rival automaker Honda. The companies announced Wednesday that Honda will invest $2.75 billion in the Cruise unit...

  • 2019 Aston Martin DBS Superleggera
    Aston Martin shares start trading at $24, value company at $5.6B

    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, but the company finally took the plunge on Wednesday with its shares listing on the London Stock Exchange at...

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