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Consolidation of the automobile industry is an ongoing occurrence. Behind each automobile brand lies larger parent corporations.Auto mobile corporations, external corporations and private shareholders commonly own varying amounts of multiple auto mobile corporations, thus resulting analysis of relationships between auto mobile corporations becomes increasingly complicated.
In August 2017, a 1956 Aston Martin DBR1/1 sold at a Sotheby's auction at the Pebble Beach, California Concours d'Elegance for US$22,550,000, which made it the most expensive British car ever sold at an auction, according to Sotheby's. [182] The car had previously been driven by Carroll Shelby and Stirling Moss. [183] [184]
Boston Dynamics, Inc., is an American engineering and robotics design company founded in 1992 as a spin-off from the Massachusetts Institute of Technology. Headquartered in Waltham, Massachusetts , Boston Dynamics has been owned by the Hyundai Motor Group since December 2020, but it only completed the acquisition in June 2021.
On November 19, 2021, at the Los Angeles Auto Show, Alpha revealed its second physical vehicle example, the Saga, which is a sedan based on the Ace. [ 17 ] On March 22, 2022, the parent company of Rolling Stone Korea, e.L.e Media, and South Korean carmaker CNP Motors announced that they had signed a pact with Alpha on March 12, 2022. [ 18 ]
The 4,300-acre (17 km 2) facility is located in the Mojave Desert and features a 6.4-mile (10.3 km) oval track, [9] a Vehicle Dynamics Area, a vehicle-handling course inside the oval track, a paved hill road, and several special surface roads.
Vehicle Dynamics Area: 50-acre (20-hectare) asphalt pad, with an acceleration loop at each end, is a multipurpose facility for vehicle dynamic testing, durability testing, brake testing, performance testing, product demonstrations, and driver training. It also includes a Jennite Pad.
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