Caparo CEO dies weeks after company enters administration
Posted on 25 Nov 2015 by Michael Cruickshank
Angad Paul, CEO of Caparo Industries, has died in tragic circumstances just weeks after his company entered administration.
Automotive
Tesla recalls 90,000 Model S cars due to single faulty seatbelt
Posted on 24 Nov 2015 by Aiden Burgess
Tesla Motors is recalling its entire Model S fleet after a broken seat belt was discovered by a European owner in one of the models earlier this month. Elio Motors makes history with largest ever equity crowdfunding offer
Posted on 24 Nov 2015 by Cobey Bartels
US automotive startup Elio Motors set an equity crowdfunding precedent after the Securities
and Exchange Commission (SEC) last week qualified the automaker to launch a $25m stock sale
under Regulation A+. Fiat Chrysler US launches no-cost college for dealership employees
Posted on 23 Nov 2015 by Tim Brown
Fiat Chrysler Automobiles (FCA) in the US has launched a national program called Degrees@Work which offers US dealership employees, and their immediate families, debt-free college education with Strayer University. Tesla looking into potential German ‘gigafactory’
Posted on 19 Nov 2015 by Michael Cruickshank
Electric car manufacturer, Tesla Motors is reportedly considering building a large battery factory in Germany.
Ford to exceed 1 million EcoBoost engine sales this year in US
Posted on 17 Nov 2015 by Cobey Bartels
Ford EcoBoost-equipped vehicle sales in the US are up 46%, year-to-date, with the automaker predicting that 2015 will see over 1 million EcoBoost engines sold in the US for the first time in a single year. 2016 Lamborghini Huracan to introduce cylinder deactivation
Posted on 17 Nov 2015 by Cobey Bartels
Lamborghini’s upcoming Huracan LP 610-4 coupe and spyder will feature cylinder deactivation on their naturally aspirated 5.2-litre V-10 engine, offering reduced emissions and increased fuel economy. New EV player Faraday invests $1bn in US manufacturing site
Posted on 16 Nov 2015 by Cobey Bartels
New electric vehicle (EV) and future mobility startup, Faraday Future, is set to make a $1bn investment in a US manufacturing facility in an effort to deliver its first vehicle by 2017. JLR gets the go for new facility
Posted on 13 Nov 2015 by The Manufacturer
The new vehicle operations team facility will be developed in Fen End on a former RAF airfield in Warwickshire. HORIBA MIRA leads consortium to develop bus of the future
Posted on 13 Nov 2015 by The Manufacturer
HORIBA MIRA will lead an Innovate UK consortium to develop CE Power, a hybrid bus run by liquid nitrogen.