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.....
JarAutoNews
FCA passenger cars to move to PSA platforms
FCA passenger cars to move to PSA platforms
TURIN – In outlining the industrial side of their merger, PSA Group and Fiat Chrysler Automobiles said that more than two-thirds of their production would be concentrated on just two platforms, with 3 million cars per year on a compact/midsize platform and 2.6 million on a small platform.
The smaller platform will be PSA’s CMP architecture and larger cars will be on the group’s EMP2, industry sources told Automotive News Europe. Ram pickups and larger Jeep models will continue to use FCA underpinnings.
Menu
Other News
It’s been less than three years since the sixth-generation Camaro first went on sale, but Chevrolet decided to update the Camaro’s styling for 2019. Designers didn’t mess with the cabin, powertrain, or chassis, so aside from an updated infotainment system, the changes are almost entirely cosmetic. With that in mind, how does the Camaro’s new look compare to the outgoing model?
The new Porsche 911 Turbo S is a fast car – there isn't a shadow of doubt about that. We've seen it run a race track and almost beat a McLaren 720S, while a previous drag race showed us that it can...