Ferrari's First EV; Brose and Volkswagen JV

Ferrari is entering the EV world. The company announced its first fully electric model, which will be ready by 2025. Meanwhile, Brose and Volkswagen AG launched SITECH, a new venture focused on vehicle seats and related components.

This week's featured interviews include Grand Chelem, Mexico's exotic vehicle dealer with brands such as Lamborghini and Aston Martin. Also, our exclusive interview with Manuel de la Torre, General Manager of Webfleet Solutions, who talks about the evolution of TomTom Telematics.

Ready? This is the Week in Automotive!

SITECH: Brose Group and Volkswagen AG’s New Venture

The Brose Group, an automotive supplier, and Volkswagen AG have signed an agreement to create a joint venture that would allow Brose to acquire half of SITECH, a subsidiary of Volkswagen AG. The agreement paves the way for the development and manufacturing of complete seats, seat structures and components, along with solutions for vehicle interiors.

Ferrari Announces First EV for 2025 and an SUV for 2022

Ferrari's CEP John Elkann confirmed the super sports vehicle automaker will introduce the first fully electric Ferrari supercar. "You can be sure this will be everything you dream the engineers and designers at Maranello can image for such a landmark in our history," he said. Ferrari will also introduce three new models along the year, as well as Purosangue, the brand's first SUV, in 2022.

DiDi, Volvo Cars Advance Autonomous Driving

Volvo Cars will provide XC90 models that will be equipped with all the necessary backup systems for autonomous functionalities while collaborating with DiDi to integrate additional software and hardware. XC90 cars will be equipped with DiDi Gemini, which is DiDi's self-driving hardware platform, and are intended to be deployed in DiDi's network to offer ride-hailing services.

Grand Chelem: Mexico’s Exotic Vehicle Dealer

Grand Chelem, is a group that distributes the Lamborghini, Aston Martin, Caterham, Morgan, Rimac, RUF, Koenigsegg and VUHL brands in Mexico. The company has its own used-vehicle distributor: Iconic Broker. Do not miss insights from its CEO, Martin Josephi.

Webfleet Solutions: Reducing Operating Costs

Webfleet reflects the evolution of TomTom Telematics. The company is focused on providing the best solutions in a market influenced by growth, revenue and adaptability. Do not miss the interview with General Manager, Manuel de la Torre.

Educating Engineers for the EV Revolution: Masare Motors

Masare Motors is a Mexican company focused on trading green vehicles, as well as strengthening dealership sales capabilities through training, digital sales strategies and stock relocation. The company's priorities are now focused on educating a new generation on the challenges EVs bring.

Laserax at the Forefront of Laser Marking Technology

Laserax provides the manufacturing industry with cutting-edge laser marking solutions. The company, founded in 2010, is present in more than 20 countries with 54 partners around the globe. Read the interview with CEO Xavier Godmaire, straight up from Canada!

Hyundai's Triples Profit in 1Q21

The company's profit almost tripled to its highest in four years. Its luxury brand, Genesis, contributed to the result. The group warns about production adjustments due to chip shortages.