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Australian automotive industry demise “inevitable”: former Ford CEO

The former boss of Ford’s global operations says the death of the Australian automotive manufacturing industry appears “inevitable”. Ex-Ford Motor Company CEO and now BHP Billiton chairman Jac Nasser says a combination of the continuing high Australian dollar, weak overseas currencies, a lack of patriotism from Australians towards local car making and [...]

Panasonic Automotive Systems acquires audio streaming company

Panasonic Automotive Systems has acquired Aupeo GmbH, a Berlin-based content and audio streaming service and technology platform provider. Following the move, president of Panasonic Automotive Systems Company of America Tom Gebhardt said that “conventional consumer-focused music and content services do not address all the needs of car manufacturers.” He added: [...]

Global Safety Rating Results Confirm Volvo Cars’ Safety Leadership

LONDON, April 10, 2013 /PRNewswire/ – Every year is a safety year at Volvo Cars. The company is working towards the vision that by 2020, nobody should be killed or seriously injured in a new Volvo – and data from independent rating institutes all over the world emphasise and reinforce this life-saving [...]

Full speed ahead for the UK automotive sector

By Matthew Fell, Director for competitive markets, CBI I am often asked why the Confederation of British Industry (CBI) supports the vision for an industrial strategy for the UK economy. Critics decry: isn’t industrial strategy simply about picking winners? Hasn’t government intervention in business always ended in failure? To explain why I have [...]

Porsche Debuts Panamera S E-Hybrid

Panamera S E-Hybrid utilizes 9.4kWh lithium-ion battery pack that gives the car a rated fuel economy of 91 mpg and EV-mode range of up to 36 km (22 miles).   Since its launch in 2009, the Panamera Gran Turismo has successfully expanded the appeal of the Porsche marque into the [...]