Automobili Pininfarina, a brand launched this year by India's Mahindra & Mahindra, has recruited a former BMW and Porsche executive as its technology chief as it prepares to launch its first hypercar. The company also has teamed up with Rimac Automobili, a Croatian startup that specializes in superfast electric supercars.
Luxury and mainstream automakers are accelerating plans to electrify their cars, both with battery-powered and partially electric hybrid cars and SUVs. Their efforts will come under the spotlight at this week's Geneva auto show.
ZF said CEO Stefan Sommer is leaving the company. Sommer's departure likely signals the end of an expansion strategy that drove the German supplier's $12.4 billion acquisition of TRW Automotive, creating the industry's second-largest partsmaker.
At this week's Frankfurt auto show, German automakers will be vying to show that upstarts such as Tesla won't overtake them in a future where cars are powered by long-range electric motors, can pilot themselves without ever needing driver intervention and have full connectivity.
Kia has bucked the trend that cars grow larger with every new generation by increasing the new Picanto's cabin space through a 15mm longer wheelbase and making it 5mm taller, while keeping it the same overall length and width. The minicar also now has safety technology options on higher spec models.