Faraday Future’s summer fling with Chinese real estate group Evergrande, which invested $ 800 million into the company last June, appears to be over. The “automaker” is allegedly trying to back out of its arrangement after its CEO and founder, Jia Yueting, requested an additional $ 700 million in funding. The official deal calls for another $ 1.2 […]
Tag: automaker
Times Get Tougher for GM’s Chinese Venture As Automaker Orders 3.3 Million Vehicle Recall
Tariffs and other pressures are weighing on the once blistering hot Chinese new car market, and a suspension issue has now added new storm clouds to General Motors’ formerly sunny skies. The automaker’s Chinese arm, GM Shanghai, has announced the recall of 3.3 million Chevrolet, Buick, and Cadillac models. Bad news for a foreign company […]
British automaker group meets with EU, says Brexit could cost billions
[unable to retrieve full-text content] ‘Our industry is deeply integrated across both sides of the Channel.’ Continue reading British automaker group meets with EU, says Brexit could cost billions British automaker group meets with EU, says Brexit could cost billions originally appeared on Autoblog on Wed, 19 Sep 2018 09:20:00 EDT. Please see our terms […]
QOTD: Forget Newsletters – Which Automaker Would You Subscribe to?
Newsletters, podcasts, streaming music services — our quest for consumption and thirst for variety knows no bounds. But lately, automakers have taken to experimenting with the same business model. A range of cars, plus insurance coverage, for a fixed monthly price. Sounds intriguing, if the price is right. Cadillac’s doing it. Bimmer, too. And so is […]
Tesla emails show automaker offered cash to quiet discrimination suit
Tesla doesn’t exactly have the best reputation when it comes to employee relations. Reports from the automaker’s factory in Fremont, California, talk about speed taking precedence over quality in assembling cars, and that forced overtime caused some preventable injuries. Today, The Guardian reports that company emails show Tesla wanted to pay off an employee who […]
Here are this year's top 5 automaker April Fools’ jokes
April 1 is the wonderful day when PR departments really push themselves to top the zany jokes they came up with the previous year. And it’s not just fast-food chains competing with each other, or breweries announcing they have released stuff like a fermented herring flavored beer: carmakers’ media teams rarely miss out on the […]
Pininfarina will go from designer to automaker with all-EV lineup
For decades, Pininfarina has largely been a design house — it shaped and built cars, but usually under someone else’s name (such as the Ferrari F40). It’s apparently ready to become a full-fledged manufacturer, however, and a thoroughly 21st century one at that. Autocar sources have heard that Pininfarina is launching an all-electric car lineup […]
Renault-Nissan beats Volkswagen AG to become the world’s top-selling automaker for 2017
Nissan The Renault-Nissan automaking alliance became the world’s biggest seller of light vehicles in 2017, bumping Volkswagen AG off the top spot. Nissan’s sales hit a record high of 5.82 million, while French automaker Renault SA has reported sales of 3.76 million. Mitsubishi’s sales came in at 1.03 million, bringing total 2017 sales for the group […]
Ford Paves a Path From Big Automaker to Big Operating System
With a reorganization and two acquisitions, a hazy vision of Ford’s future starts to take shape. https://media.wired.com/photos/5a6a4eaa2a2f3a3cc7c5acef/master/pass/FordAcquisitions-JimHackett-904955434.jpg
Four Egregious Cases of Automaker Flim-Flammery Uncovered by C/D
– We’ve seen a fair bit of carmaker sleight of hand over the years. READ MORE ›› – Car and Driver BlogCar and Driver Blog