The EV startup burned through $800 million by the middle of 2018 and was seeking an installment of $700 million from Evergrande as operating cash for the remainder of the year, which was expected to see the start of production for the FF 91. Evergrande allegedly refused to provide the $700 million, which triggered the arbitration that is being conducted in Hong Kong.....
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Bentley Factory
Tour the Factory Where Bentley Handcrafts Its Luxury Rides!
MOST AUTOMOTIVE FACTORIES pride themselves on how quickly they can stamp out new cars. Last year, Volkswagen’s massive plant in Wolfsburg, Germany—the largest in the world—stamped out about 3,500 Golfs and Tiguans a day. That’s about two cars a minute, using robots, perpetual shift changes, and precisely choreographed, just-in-time parts delivery strategies from a global network of suppliers...
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At the top are Lexus and Toyota once again, with the GX as the most reliable Lexus and the Prius C as the most reliable Toyota. Subaru, Kia, and Infinity have also stayed in the top six spots, though Mazda made a huge leap from 12 to number three. That leap, CR says, comes courtesy of Mazda “[working] out problems that plagued the CX-9 SUV and MX-5 Miata roadster.”....
