JD Classics can breathe a sigh of relief as it’s been sold to a new owner. AM Online reported Tuesday that the major classic car restorer and dealer found a buyer in Woodham Mortimer, a company controlled by HPS Investment Partners LLC. Woodham Mortimer’s purchase of JD Classics secured 60 jobs at the company’s headquarters …
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Roush is ready to deliver serious power to the Ford F-150. The Blue Oval brand-focused tune unleashed on Tuesday a supercharged pickup dubbed the F-150 SC. Lift the hood and you’ll spy Ford’s 5.0-liter V-8 engine. Sitting atop it is a TVS R2650 Eaton supercharger and that pushes the engine output up to 650 horsepower …
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Porsche led a round of Series C investments into WayRay, a Swiss company working toward bringing holographic augmented reality (AR) displays to production, WayRay announced on Tuesday. Hyundai also joined in on the investment, which raised $80 million. Since 2012, WayRay has raised more than $100 million, and it aims to be a $1 billion …
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