Episode 215: Bet Hedging - 31 October 2018

The show starts with Andrew apologising for the lack of links in last week’s Show Notes, not that anyone will read this, so what’s the point in writing this? I mean really, what is the bloody point…..

FOLLOW UP: STADLER RELEASED FROM CUSTODY

Ruper Stadler, former Audi CEO, has been released from custody in Germany. However, according to reports there are still “strong suspicions” against him. He is forbidden from contacting anyone who is connected with the investigation. To read more click the Automotive News Europe article here.

FOLLOW UP: VW’S MAIN INVESTOR ORDERED TO PAY DAMAGES

Porsche Automobil Holding SE has been ordered to pay 47.2 million euros to shareholders, in compensation, for violating disclosure rules in Germany. Porsche SE is appealing the courts ruling. To read more click the Automotive News Europe article here.

FOLLOW UP: FORD SHUTS BRIDGEND PRODUCTION DUE TO JAGUAR CLOSURE

In the wake of Jaguar shutting Solihull Ford has stopped production on one of the lines at their Bridgend plant, due to the knock on effects. To read more click the Autocar article here.

FOLLOW UP: JLR SLOVAKIAN PLANT OPENS

Jaguar Land Rover has opened their new Slovakian plant which will be capable of producing 150,000 vehicles a year. To read more click the Autocar article here. JLR also announced that they posted a Q3 pre-tax loss of £90M, with various factors effecting the company. To read more click the Motoring Research article here.

FOLLOW UP: PLUG-IN HYBRID GRANT HAS RUN OUT

The Government announced, on 26 October 2018, that the fund for plug-in hybrid grants had run out. The fund was due to stop on 10 November, but a rush of orders following the announcement has depleted the money ahead of time. To read more click the Motoring Research article here.

AUTUMN BUDGET 2018

The Government has announced a raft of measures affecting UK motorists, in the Budget announced on Monday. VED income will go to fund road improvements, more money being made available to councils to patch roads, funding for developing electric motor technology. To read more click the Motoring Research article here and the Autocar article here.

FARADAY FUTURE CO-FOUNDER RESIGNS

Faraday Future’s Co-Founder, Nick Sampson, has resigned declaring the company “effectively insolvent”. This comes as no real surprise to anyone paying the remote attention to this story. To read more click the Jalopnik article here.

FORD BEGINS BUILDING NEW ST ENGINE IN BRIDGEND

Following significant investment by Ford, the ST engine line has begun production. To read more click on the Motoring Research article here.

HIGHWAYS AGENCY MULLS TRACTOR BAN ON SOME A-ROADS

The Highways Agency is considering upgrading some A-Roads to Motorway status and thereby ban tractors and other slow moving vehicles from these routes. The claim is that safety and congestion are the reasons for such a move. To read more click the Farmers Weekly article here.


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WRC SPAIN: LOEB STILL HAS IT

In another example of why Loeb is in the running for ‘Greatest Driver of All Time’ he won at the WRC Spain event, over the weekend. Loeb is only appearing in a select few races for 2018, so to take the poorly performing Citroën C3 and get it on the top step of the podium is an amazing feet. Further back, those fighting for the Championship, Ogier is now three points ahead of Neuville, with Tanak all but out of contention. To read more click the Autosport article here.

DESIGNERS MOOD BOARD: PART ONE - JO STENUIT NEW EUROPEAN DESIGN DIRECTOR AT MAZDA

Following Kevin Rice’s departure, in August, Jo Stenuit has been announced as the new European Design Director for Mazda. He has held several positions within the European design team at Mazda, having been the Head of Interior Design and Brand Style most recently. To read more click the Mazda press release here.

DESIGNERS MOOD BOARD: PART TWO - LUC DONKERWOCKLE WILL HEAD UP DESIGN FOR HYUNDAI GROUP

Following Peter Schreyer’s departure, Luc Donkerwockle will be the new Chief Design Officer, overseeing the three Hyundai Group brand’s car design. Filling his old role will be another internal promotion, with SangYup Lee the new Senior Vice President and Head of Hyundai/Genesis design Centre. To read more click on the CarDesignNews article here.

LUNCHTIME READ: AUTOMOTIVE EXCEPTIONALISM MUST DIE

Michael Banovsky has written a wonderful article making the argument that the ordinary cars need a better coverage from motoring journalists. To read this, and as ever we strongly recommend you do, click the Medium article here.

LIST OF THE WEEK: FASTEST EVER NÜRBURGRING LAP TIMES

In complete contrast to the last article we discussed, click here on the Autocar article to see which cars have completed the quickest laps around the famous ‘Ring. All rather silly and possibly meaningless.

AND FINALLY: CAFFEINE AND MACHINES

Alan attended the opening day of the new venue which is open to all who love a propelled vehicle! To see more click on the link here.


REAR VIEW PODCAST

Don't forget the new show from the team at Motoring Podcast, Rear View, where we talk to fascinating people from the motoring universe. To go listen to the episodes already released on Apple Podcasts click here.

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