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Ford goes 'all in', boosts electric car funding to $14 billion
News
17th Jan 2018
1 min read

Ford goes 'all in', boosts electric car funding to $14 billion

Ford has confirmed it will more than double its investment in electric and plug-in hybrid vehicles. The company's previous plan to spend US$4.5 billion ($5.7 billion) on electrified vehicle development by 2020 will now be supplanted by a new goal of investing US$11 billion ($14 billion) by 2022. "We're all in on this and we're taking our mainstream vehicles, our most iconic vehicles, and we're electrifying them," Bill Ford told reporters, including those from Reuters.
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Derek Fung
2019 Hyundai Santa Fe due mid-2018, price rise likely
News
17th Jan 2018
2 min read

2019 Hyundai Santa Fe due mid-2018, price rise likely

Hyundai is set to bring in an all-new Santa Fe later this year, and the company admits that it won’t be able to keep its prices quite as sharp as the current model.
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Alborz Fallah
Ferrari says it'll do an EV supercar before Tesla
News
17th Jan 2018
2 min read

Ferrari says it'll do an EV supercar before Tesla

Ferrari’s CEO, Sergio Marchionne, has boldly asserted that the Italian marque will be first to market with a dedicated electric supercar, in a bid to draw the narrative spotlight away from startup Tesla and its high profile founder Elon Musk. “If there is an electric supercar to be built, then Ferrari will be the first,” Marchionne said, according to Bloomberg.
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Mike Costello
2019 Ram 1500 revealed in Detroit
News
16th Jan 2018
3 min read

2019 Ram 1500 revealed in Detroit

The all-new 2019 Ram 1500 has made its debut at the Detroit motor show this week, sporting a lighter body and technology upgrades, along with a new mild-hybrid powertrain. Weighing up to 102 kilograms less than its predecessor, the new 1500 features an aluminium tailgate - but not the tray bed, which remains a decision unique to Ford and its big F-150.
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James Wong
Kia Telluride in development, Aussie arm keen
News
16th Jan 2018
2 min read

Kia Telluride in development, Aussie arm keen

The very big and very bold Kia Telluride concept is now being developed for a market debut, a pair of senior executives have confirmed this week, and the Australian arm has its hand up. In conversation with Australian press at this week's Detroit motor show, the news was confirmed by Kia Motors Corporation president and chief designer Peter Schreyer, and Kia Motors Europe chief designer, Gregory Guillaume.
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Mike Stevens