Posted: September 22nd, 2015 | Author: Michael Courtenay | Filed under: Grilled Auto News | Tags: apple, Apple Car, Apples Project Titan Readying for 2019 Launch, Auto News, Google Drive, Grilled Auto News, Project Titan, Standout | Comments Off on GRILLED! Apples Project Titan Readying for 2019 Launch
Apple has us all – consumers – in its pocket, well, we have Apple in all our pockets …you got what I mean!? Now apparently the consumer behemoth aims to have us in it on the road. The company is set to release its first car in 2019, according to a report from The Wall Street Journal’s Daisuke Wakabayashi.
Apple is referring to the idea as a “committed project” internally, the WSJ report says. According to sources the company plans on tripling the number of folk working on the project.
The initiative, being called Project Titan, so far consists of 600 people.
Although many reports have suggested that Apple is working on a self-driving car, the company’s first vehicle is more likely to not be fully autonomous Wakabayashi wrote, citing sources familiar with the project.
A quick trawl through LinkdIn also dragged a surprise, Apple has headed hunted a senior Tesla exec :: Read the full article »»»»
Posted: January 12th, 2012 | Author: M.Aaron Silverman | Filed under: Business News | Tags: australia, Auto Maker, Auto News, bailout, Business News, Co-Investment, Ford, Ford Australia, General Motors, General Motors Australia, gm, Grilled, Holden, Motoring News | Comments Off on The High Cost of Keeping Auto Makers Local
Australia: Sales of the Australian made large cars – Holden Commodore and Ford Falcon – have dropped alarmingly in recent years. The Commodore’s 15-year run as Australia’s best-selling vehicle was ended abruptly in 2011 by the Japanese manufactured Mazda3, while Ford Falcon sales plummeted to fewer than 19,000 units in 2011. So Exactly How Much Does it Cost to Keep Auto Makers in Australia? Between $100 and $200 Million!? Holden says it is getting closer to announcing co-investment from the Federal Government and parent company General Motors as it looks to secure the local manufacturing of the Cruze and Commodore beyond 2018. Ford has announced a fresh $103 million investment for it’s Falcon range of large car and Territory SUV, though the future of the Australian-built vehicles is still guaranteed only until the end of 2016. Australia’s Minister for Manufacturing, Kim Carr, and South Australian Premier Jay Weatherill have been in talks with GM at this week’s 2012 Detroit motor show as part of a political delegation seeking future support for the Australian car industry.State and federal governments could be forced to pay up to $200 million to keep Holden factories in Australia, a workforce analyst said. Both the federal and South Australian governments have indicated they will pay Holden’s parent company General Motors a “substantial sum” to prevent manufacturing from being moved offshore. Holden wasn’t able to announce its own confirmed co-investment strategy but the car maker’s managing director, Mike Devereux, said parties are working towards an agreement. Read the full article »»»»
Posted: January 12th, 2010 | Author: M.Aaron Silverman | Filed under: Business News | Tags: Auto News, Business News, General Motors | Comments Off on GM PROFIT PREDICTION
DETROIT: General Motors’ interim chief executive, Edward Whitacre, says he expects the government-owned automaker to be profitable in 2010 but that profits aren’t a prerequisite for a public stock offering, possibly before the end of the year.
In a Press Conference, Whitacre said GM is working to restore its reputation in Washington, acknowledging that last year’s $50 billion government bailout “left not a good taste in some people’s mouths.” The carmaker will also take another look at its advertising as it struggles to convince consumers to consider its core brands (Chevrolet, Cadillac, Buick and GMC). Read the full article »»»»