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Automotive Aftermarket Blog

Learn more about custom rims, truck wheels and custom vehicles on RimTyme's aftermarket wheels and and automotive blog.

Koenigsegg super cars team with Saab successor NEVS to go electric The plan is to 'develop a product for new and untapped segments'

REUTERS

STOCKHOLM — The Chinese-backed company born from the remnants of bankrupt Swedish automaker Saab is investing 150 million euros ($171 million) in a venture with Swedish super car brand Koenigsegg, in a move that could see them develop new electric models.

National Electric Vehicle Sweden AB (NEVS), in which China's Evergrande Health recently became the majority investor, said it would take a 65 percent stake in a new joint venture to "develop a product for new and untapped segments."

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FCA recalling Ram trucks for steering wheel and brake pedal issues At risk of steering loss, brake pedal falling off

WASHINGTON — Fiat Chrysler Automobiles said this week it would recall 882,000 pickup trucks worldwide in two new recalls to address steering and pedal issues.

The Italian-American automaker said it was recalling about 660,000 heavy duty Ram 2500 and 3500 pickup trucks from the 2013 through 2017 model years, including 574,000 in the United States, as drivers could potentially experience steering loss.

A nut could come loose and prevent drivers from being able to steer the vehicle, Fiat Chrysler said, adding it had reports of one injury and eight accidents possibly related to the issue.

The company will also recall 222,000 2019 Ram 1500 pickup trucks worldwide to better secure brake pedals while the vehicles' adjustable-pedal feature is in use.

The brake pedal could get detached if drivers move pedals to the rear-most position, the company said. That could be dangerous if trucks are traveling at highway speeds.

Last month, Fiat Chrysler recalled about 180,000 2019 Ram 1500 pickups to tighten a fastener linked to reports of power-steering loss. Fiat Chrysler said the issue could lead to steering problems.

Amazon, GM are in talks to invest in Rivian Deal would value the electric truck startup between $1 billion and $2 billion

Amazon and General Motors are in talks to invest in Rivian Automotive LLC in a deal that will value the U.S. electric pickup truck manufacturer at between $1 billion and $2 billion, people familiar with the matter told Reuters on Tuesday.

The deal would give Amazon and General Motors minority stakes in Rivian, the sources said. It would be a major boost for the Plymouth, Michigan-based startup, which aspires to be the first carmaker to the U.S. market with an electric pickup.

If the negotiations conclude successfully, a deal could be announced as early as this month, the sources said, asking not to be identified because the matter is confidential. There is always a chance that deal talks fall through, the sources cautioned.

Amazon, General Motors and Rivian did not immediately respond to Reuters requests for comment.

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VW's Electrify America buys Tesla Powerpacks for EV charging stations The devices will let drivers avoid high-demand rates

DETROIT — Volkswagen AG unit Electrify America said on Monday it will install Tesla battery storage packs at more than 100 charging stations across the United States to keep costs down for drivers charging electric vehicles.

Electricity users can incur high-demand charges from many U.S. utilities when they draw a lot of energy from the grid in a short time, which can happen charging an electric vehicle or a number of them at once at a single station.

"If you pass the demand charge onto the customer in a high-demand charge market" it can cost anywhere from $70 to $110 to charge a vehicle, Electrify America's chief operating officer Brendan Jones told Reuters. "If you did that, obviously nobody would buy an electric vehicle."

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Lewis Hamilton is hungry for more as new Mercedes F1 car makes track debut 'I feel energized, and I'm ready to attack'

Lewis Hamilton is hungry for more as new Mercedes F1 car makes track debut
'I feel energized, and I'm ready to attack'

Mercedes Formula One carLewis Hamilton's ride for 2019.Image Credit: Mercedes


LONDON — Formula One champion Mercedes ran its new car for the first time at Silverstone on Wednesday with title holder LewiWith some other teams racing against time to get their new cars built and ready for the start of pre-season testing in Spain on Monday, Mercedes made sure it was on track in every respect.
Hamilton's Finnish teammate Valtteri Bottas performed the initial shakedown laps as part of a 100-kilometer filming day, with five-times world champion Hamilton due to be in the car during the afternoon.

"I completely switched off from racing for a while, trying to focus and re-center myself and training hard for the new season — 2018 was a great year, but I feel like 2019 can be even better," Hamilton said.

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