
After reviewing a consultation on new outdoor large car parks should be required to fit solar panel canopies the Government has decided to shelve the idea. Costs and differing site conditions were used as excuses, in the responses, to the concept. To read more, click this East Anglia Bylines article link here.
VW NOW CONSIDERING 100,000 JOB LOSSESAccording to reports, Volkswagen Group is now considering doubling the job losses to around 100,000 and the shutting down of four German plants. Additionally they are considering spinning off the Volkswagen brand and the components division. If you wish to read more, click this Yahoo!News article link here.
PORSCHE’S NEW STRATEGY EXPLAINEDThe CEO of Porsche, Michael Leiters has outlined the company’s new strategy to investors, whilst asking for patience. Called Strategy 2035 it is hoped it will dramatically improve their fortunes as right now their profit margin is 1.1 percent. The strategy is targeting customers, cars to be offered and costs. For more on this story, click this CarScoops article link here.
POLESTAR BANNED FROM SELLING CARS IN THE USPolestar has been banned from selling cars in the US, despite having a factory in country, due to the Connected Vehicle Rule which restricts Chinese (and Russian) linked hardware and software. It must be remembered that recently Volvo, their sister company, was granted a waiver of this rule. To read more, click this Auotcar article link here.
FERRARI LOSE AND FIND NEW HEAD OF MARKETINGChief Marketing and Commercial Officer, Enrico Galliera, has left Ferrari after 16 years. He is to be replaced by Massimiliano Di Silvestre. This has occurred a few weeks after the launch of the Luce, which cause quite the stir. Click this Yahoo!Finance article link here for more.
FORD REHIRING SOME ENGINEERS FIRED FOR AI THAT HAS FAILEDFord have had to eat some humble pie as it has rehired some 350 engineers it made redundant and replaced with AI. This has not worked out as the company has found the software failed. The company isn’t retreating from its use, but instead is getting the engineers to train it. You can read more, by clicking this Futurism article link here.
BMW OTA UPDATE BATTERY WARNINGBMW has told owners that they do not need to worry about a 12v battery warning, which has occurred to i3 and i4s following an over the air (OTA) update. The company stated that there is nothing wrong with the battery. To find out more, click this CarScoops article link here.
The collaboration between Morgan and Pininafarina has produced more lovely work, this time in the form of the Midsummer Coupe.