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Porsche’s North American CEO Leaves Company

The Truth About Cars

President and CEO of Porsche Cars North America, Kjell Gruner, has left the company. & From Automotive News : In a statement, Porsche noted Gruner was leaving the company "at his own request." In 2004, he left Porsche for Daimler, where he rose to director of strategy for Mercedes-Benz Cars before returning to Porsche in 2010. .&

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CAM/PwC name Volkswagen Group most innovative global automotive company, Mercedes-Benz most innovative brand

Green Car Congress

The Germany-based Center of Automotive Management (CAM), in cooperation with PricewaterhouseCoopers (PwC) AG WPG, named the Volkswagen Group the world’s most innovative automotive company in its 2014 AutomotiveINNOVATIONS Awards; this marks the fourth consecutive time Volkswagen Group has picked up the top award. Fuji Heavy Industries Ltd.;

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Preh acquires power electronics company ePower from Kongsberg Automotive

Green Car Congress

Global automotive supplier Preh GmbH is acquiring ePower, a business unit of Kongsberg Automotive ASA in Norway. Lennart Garpenstedt, the ePower business unit head of Kongsberg Automotive, will become managing director of the future company Preh Sweden AB. ePower will retain its customers’ well-known contact persons.

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Japanese officials raid a Toyota group plant after the company admitted cheating on engine testing – ET Auto

Baua Electric

Analysts say the group companies’ problems are likely to have a limited impact on Toyota’s earnings because their sales and profits are a small fraction of Toyota’s overall global earnings. Its group global vehicle sales for 2023 were a record 11.22 Hours after the probe began at Toyota Industries Corp.’s

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Hyundai Motor expands partnership with US Government to support further exploration of hydrogen fuel cell technologies

Green Car Congress

Hyundai Motor Company is expanding its partnership with the US Department of Energy (DOE) and its support of the DOE Hydrogen and Fuel Cells Program. Menezes announced the expansion of the partnership between Hyundai Motor Company and the US Department of Energy (DOE) for its support of the DOE Hydrogen and Fuel Cells Program.

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Opposed-piston engine company Achates Power raises $35.2M in Series C Financing; new industry advisory board

Green Car Congress

The company also announced the formation of a new Industry Advisory Board, and its selection as a semi-finalist in the Securing America’s Future Energy (SAFE) Energy Security Prize. The Series C financing follows a $19-million Series B round in 2009 and brings the total raised by Achates Power to nearly $90 million since its 2004 founding.

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Ford expanding global electrified vehicle battery R&D

Green Car Congress

Ford is expanding its electrified vehicles research and development program in Europe and Asia this year, creating a “hub-and-spoke” system that allows the global team to further accelerate battery technology and take advantage of market-specific opportunities. The company recently expanded its offerings in growing markets, including.

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