Aston Martin has had a new CEO running the show since August, and now he’s revealed some of his plans for the company. Basically, he plans to expand the lineup with new derivatives before eventually adding plug-in hybrids and EVs.
Mercedes-Benz has reduced its stake in its Formula One team from 60% down to about a third. The remaining two thirds are split evenly between Team Principal Toto Wolff and the British company behind the Grenadier SUV.
A new electric vehicle using highly automated production methods will be built at VW’s main plant in Wolfsburg, Germany. It’s rumored to be a large sedan designed to take on the Tesla Model S.
You’ll find these stories and more in today’s car news, right here at Motor Authority.
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