A Metro lookalike is being revived by a Welsh company - for just under £300,000. Motorsport Tools of Pwllheli has announced its plans for the £295,000 Audi powered recreation it is calling 6R4 because it does not hold rights to the Metro name. Just five of the 450bhp 3.0V6 models will be made this year but don't be surprised if other restromods appear in … [Read more...]
Gordon Murray & £300M plan for automotive sector
The entrepreneurial Gordon Murray Group plans to significantly expand operations and a commitment to invest £300M over the next five years in the automotive sector. An exciting roadmap for future expansion of the Gordon Murray Group, has been announced today and masterminded by company Founder and Chairman legendary F1 designer … [Read more...]
Tradelines 27 May
Around 1,200 jobs are going at McLaren. The group’s applied technology, automotive and racing businesses will be hit, the company said in a statement, as the cancellation of motorsport events, the suspension of manufacturing and retail activities around the world and reduced demand for technology solutions dashed the group’s revenue generating … [Read more...]
Dunton now Ford of Britain HQ
Ford has renamed its Dunton Technical Centre in Laindon, Essex, to Dunton Campus, Ford Britain, to highlight its new role at the centre of the company’s activities in Britain. The Dunton Campus becomes headquarters of its European Commercial Vehicles business group and home to light commercial vehicle engineering, powertrain engineering, Ford of Britain … [Read more...]
Some E-mobility suppliers struggling to cope
An analysis by Berylls Strategy Advisors of the ‘Top 100’ automotive suppliers shows an industry undergoing dramatic change in times of severe economic challenges. But the research also shows certain sectors of the supply industry coping far better than others – for some very clear reasons. Each year, Berylls, the international automotive management … [Read more...]
Motorsport and automotive crowd-sourcing
A new crowd-sourcing website has gone live that allows customers to publish tenders or source quotes and credentials from a range of suppliers within motorsport and the automotive sector. Users are able to create Project Briefs containing a description of what work is required, deadlines, budgets and even file uploads, providing suppliers interested in … [Read more...]
Premiere engineering company bought out
One of Britain's foremost engineering companies in development of high performance transmissions has been bought-out by British private investors fund. Inflexion Private Equity have agreed the buyout of Xtrac Ltd, which supplies most of the world's top motorsport teams in both two and four-wheeled formulae across the globe, from MotoGP to Formula … [Read more...]
