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Azure Dynamics files for protection, Transit Connect Electric production halted

Azure Dynamics, which develops electric-drive powertrains for automakers such as Ford, said this week that it will file for financial protection from its creditors under Canadian law and will cancel its plans to sell shares in what may be a precursor to a bankruptcy filing. Azure is the company that adds the all-electric powertrain to Ford's practical little Transit Connect Electric. For now, no new TCEs will be made. Azure's Mike Elwood told AutoblogGreen that production of the Transit Connect Electric has stopped as a result of the restructuring and that, "While we go through our ... Read More

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    Bentley Azure
    EVTV makes out like bandits at Azure Dynamics liquidation, offers up booty
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    Across the Do-It-Yourself electric-conversion landscape, there is perhaps no EV drivetrain more longed for than that comprised of a liquid-cooled AC motor mated to a single-speed gearbox. Unfortunately, they are difficult to come by, as the motors are typically only made available to automakers and are usually quite expensive. Gearboxes? ...

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    Bentley Azure
    Official: Azure Dynamics files for protection, Transit Connect Electric production halted
    1333117680

    Azure Dynamics, which develops electric-drive powertrains for automakers such as Ford, said this week that it will file for financial protection from its creditors under Canadian law and will cancel its plans to sell shares in what may be a precursor to a bankruptcy filing. Azure is the company that adds the all-electric powertrain to Ford's practical ...

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    Bentley Azure
    Azure Dynamics files for protection, cancels share offering
    1332935580

    Azure Dynamics, which develops electric-drive powertrains for automakers such as Ford Motor Co., said it will file for financial protection from its creditors under Canadian law and will cancel its plans to sell shares in what may be a precursor to a bankruptcy filing. The company said in a statement Monday that it filed for protection in a petition to ...

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    Bentley Azure
    Norway dealership places largest-ever Ford Transit Connect Electric order
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    We'd bet Azure Dynamics is thrilled to announce that it just logged its largest Transit Connect Electric order to date. At 100-units strong, Norwegian Ford dealership, RøhneSelmer, can lay claim to the single, most sizable Connect Electric order ever. RøhneSelmer's 100-unit order adds to the 58 Transit Connect Electric the dealership ...

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    Bentley Azure
    Report: Driver causes supercar catastrophe in Monte Carlo
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    Car accidents are never fun and often expensive. In certain parts of the world, accidents can be push expenses into the stratosphere, and Monte Carlo has reportedly just played host to such a fender bender. A woman was driving a Bentley Azure near the Monte Carlo Casino when she doubled-down on a nearby Mercedes-Benz S-Class. That scrape led to the Azure ...

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    Bentley Azure
    Purolator orders 200 Balance Hybrid Electric vans from Azure Dynamics
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    Last month, Purolator announced that it significantly expanded the number of hybrid vehicles in its North American fleet. Now, the Canadian logistics company aims to equip its fleet with at least 200 more gas-electric models. This time around, Purolator has turned to Azure Dynamic to fulfill a 200-unit order for hybrid delivery vans. Michigan-based Azure ...

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    Bentley Azure
    Say It Ain't So: Bentley issues recall over retractable hood ornament rust
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    One of the brutal truths of the mechanical world is that rust fears no machine. Even the priciest of metal is susceptible to the ill effects of iron-oxide, and it looks like Bentley has found that out firsthand. The National Highway Transportation Safety Administration has just issued a recall for Arnage, Azure and Brooklands models manufactured between ...

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    Bentley Azure
    Ford, Azure Dynamics will expand Transit Connect Electric to Europe in 2011
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    Ford announced today that Azure Dynamics will be setting up a final assembly facility Europe to supply the continent with the Transit Connect Electric starting in late summer 2011. In early March, Ford announced that the battery-powered van will be available in Europe next year following its North American launch later in 2010. Ford will be shipping ...

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    Bentley Azure
    Bentley Azure ending production... to be replaced by four-door convertible?
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    The current Bentley Azure may have only been in production for four years, but the platform that underpins it goes back to 1998. Developed back when both Bentley and Rolls-Royce were under Vickers ownership, it's the same platform that formed the basis for the Arnage saloon and Brooklands coupe. But with the introduction of the Mulsanne – as we ...

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    Bentley Azure
    All Bentley Continental models going flex-fuel in June
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    It may not be the most interesting news you read all week, but we now have a date at which all Bentley Continentals will be able to gulp down whiskey with the best of 'em: June.( Well, not exactly whiskey, but ethanol's pretty close.) Bentley had made the announcement (sans date) at the Geneva Motor Show when it showed off the Continental Supersports ...

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