This history article is about a German manufacturer from the 1940s who like several surviving manufacturers used a Latin word for their name. Veritas means “Truth” in Latin. The company was not related to another German company with the same name who made tyres for a while and specialises in machine components - and who still exist today. The first incarnation of the Veritas … [Read more...]
The Quandt Family
It’s probable that the only people who know who the Quandt family are, are BMW aficionados! The Quandt family saved BMW from a fate that befell many other manufacturers: either bankruptcy or acquisition and brand suppression. The family are one of the richest in Europe and are the masters of keeping under the radar - they do not air their dirty laundry (if they have any) and … [Read more...]
Report Says Tata Would Sell Jaguar Land Rover
There was an interesting article in Bloomberg earlier in the year about Tata thinking about selling Jaguar Land Rover. Tata naturally denied the rumours however it is known that Jaguar will work with BMW on some electric vehicles. In today’s economic climate, it is sensible for many manufacturers to do joint work with their competitors - it helps spread the cost. Bloomberg … [Read more...]
GM Reconfiguring Plant Could Be a Sign of the Future
Late last year, General Motors (GM) announced that it would close a plant in Ontario, Canada, to save money. In recent months, the company has backtracked on that decision, saving over 300 jobs. However, the plant current employs 2,600 workers, so many more will still lose their jobs. The plant in Oshawa, east of Toronto was scheduled to close completely at the end of this … [Read more...]
Zotye Has 2nd Brand Ready For US Market
A few months ago, Motoring Weekly wrote about a new entrant to the US market: Zotye (pronounced Zo-Tay) via a California based company, HAAH Automotive. The CEO of HAAH is teasing the media with a comment that they will be bringing a second Zotye brand to market very soon. The founder of HAAH is Duke Hale, a 35-year veteran of the US automotive industry having been a former … [Read more...]
