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Detroit Electric delays SP:01 again
Mon, 26 Aug 2013Detroit Electric, the new startup with an old name, said it is delaying production because it hasn't secured a lease or purchase agreement for its manufacturing facility in Plymouth, Mich. It is also talking to some new partners, though the company declined to name them. North American president Don Graunstadt told the Detroit News, “To further elaborate at this juncture is, unfortunately, not possible as Detroit Electric have entered into negotiations with other parties that have the potential to impact our business strategy and timing,” Graunstadt said.
Porsche 918 Spyder finally debuts at Frankfurt motor show
Mon, 09 Sep 2013Porsche initiated the final act in its drawn-out 918 Spyder introduction, revealing the production version of the 214-mph gasoline-electric hybrid two-seater at the Frankfurt motor show. The car will be produced on a dedicated line at Porsche's Zuffenhausen factory in Germany starting Sept. 12.
Mercedes-Benz courts Renault for new Smart model based on Twingo
Mon, 03 Aug 2009Mercedes-Benz is set to join forces with Renault in a deal aimed at providing its underdeveloped Smart division with a contemporary-engineered front-engine/front-wheel-drive platform as the basis for a frugal new Forfour model. The new Smart, due out in 2013, is planned to sit on a lightly modified version of the Renault Twingo’s underpinnings, complete with a 93.3-inch wheelbase. Speaking about the new car over the weekend, a highly placed Mercedes-Benz official told AutoWeek: “It’s a key component in plans to grow the Smart brand.