Sat, 02 Nov 2013
The Mercedes B-Class EV (pictured) could be joined by more Tesla-powered compact Mercedes EVS
When Tesla was still trying to be something more than just the Silicon Valley company that put an electric motor in a Lotus to create the Tesla Roadster, Mercedes took a stake with an eye to the future. That deal between Mercedes and Tesla has already reaped some rewards with the Smart EV and electric B-Class, but it seems Mercedes wants more EVs in its lineup and wants Tesla to provide the powertrains and batteries. Speaking to Reuters, Daimler’s CFO, Bodo Uebber, said they were looking at more ways to work with Tesla and that they were looking to fo more in the premium compact arena to appeal to a younger demographic.
Wed, 15 Feb 2012
The Pininfarina family is set to lose its controlling share stake in the company as it takes a step closer to restructuring its €76 million net debt. The Italian design firm, founded in 1930, has been plagued with debt in recent years, shutting its manufacturing branch in 2011 to concentrate purely on design, ending a joint venture with Volvo that saw the company assemble Volvo's C70. The move is seen as a positive one for the company in the long-term, making it more financially secure for future developments, but it also means that the Pininfarina family will lose control of the company by selling its 77 percent share.
Fri, 14 Feb 2014
Prime Minister David Cameron today praised Jaguar Land Rover as he made a surprise visit to the firm’s brand new £500 million engine production facility in Wolverhampton. The PM flew in to join a special contingent of MPs, local government officials and the press on an early preview tour of the in-construction new plant, just six weeks after the JLR team themselves moved in. Apparently, an insider told MSN Cars, the PM had personally requested to visit the plant – and he wasn’t originally invited!
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