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General Motors and Koenigsegg Group AB Reach Tentative Agreement on Saab

Green Car Congress

General Motors Corp. and Koenigsegg Group AB, a consortium led by Koenigsegg Automotive AB, confirmed the details of a memorandum of understanding for the purchase of Saab Automobile AB. Koenigsegg is a Sweden-based manufacturer of super sports cars, including the flex-fuel, E85-optimized Koenigsegg CCXR Edition.

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GM and Honda announce executive leadership and board of directors for Fuel Cell System Manufacturing, LLC

Green Car Congress

General Motors and Honda announced the executive structure for their recently established joint venture company, Fuel Cell System Manufacturing, LLC (FCSM). Haq and Kosaka will be responsible for operations, overseeing the start-up of the JV and ongoing manufacturing operations.

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Tesla aiming for 200,000 Cybertrucks per year at volume production

Teslarati

Maybe a little more, but I just can’t emphasize enough that manufacturing is much much harder than the initial design.” “Not What I’m trying to do is to emphasize the difficulty of manufacturing which is not understood by the public because there’s no movie about it,” Musk added. He was a next-level genius.

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Study of Sustainable Value in Automobile Manufacturing Finds Mixed Performance for Most OEMs, BMW and Toyota as the Clear Leaders

Green Car Congress

Sustainable Value Margin—the ratio of Sustainable Value to sales—for each of the evaluated manufacturers. A survey of the sustainability performance of 17 of the world’s leading automakers has found a mixed pattern when it comes to the sustainability performance of most of the car manufacturers. Click to enlarge. Click to enlarge.

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National Electric Vehicle Sweden AB acquires assets of Saab Automobile to create new EV company; first model based on 9-3 due year-end 2013/2014

Green Car Congress

National Electric Vehicle Sweden AB (NEVS)—an international consortium formed by Chinese, Japanese and Swedish stakeholders—and the Receivers of the Saab Automobile bankruptcy estate ( earlier post) signed a purchase agreement covering the main assets of Saab Automobile AB, Saab Automobile Powertrain AB and Saab Automobile Tools AB.

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CCI approves JSW’s acquisition of up to 38% stake in MG Motor India | Autocar Professional

Baua Electric

The Competition Commission of India has given its go-ahead for JSW’s proposed acquisition of up to a 38% stake in MG Motor India. “The Acquirer is a newly incorporated entity and is not engaged in any activities as of date. It is a wholly-owned subsidiary of JSW International Tradecorp Pte.

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DOE, GM, Mathworks launch EcoCAR Electric Vehicle Challenge; 15 universities selected

Green Car Congress

More than 27,000 students from 93 unique educational institutions have participated to date, seeding the industry with engineers who have helped redefine the automobile over the last three decades.

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