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 in Maldon, England, and…
Supercharged Roush F-150 delivers off-road performance envy
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 and 610 pound-feet of torque…
Porsche, Hyundai investing in holographic augmented reality tech company
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 company…