A weakening of powers held by the management of Britain’s most famous luxury car company has made it harder for the firm to raise much-needed capital.
Author: World_Newz Mon
Audi to increase engine production in Hungary, says Szijjártó
German carmaker Audi will increase the production of engines at its Hungarian factory to 2.25 million units next year, Minister of Foreign Affairs and Trade Péter Szijjártó has said, international news wire Reuters reported.The carmaker, which is part of the Volkswagen group, has been making engines in Hungary since 1994.Of the 1.95 mln engines produced in 2018, 9,453 were electric axle drive units.
Bristol leads the way in driving out diesel cars
…Bristol has become the first British city to approve a total ban on diesel cars as part of an effort to drastically improve air quality. The ban, which is due to come into effect in March 2021, would…
Aston Martin reveals price of DBX luuxury SUV off-roader
Aston Martin reveals price of DBX luuxury SUV off-roader The Telegraph | Nov 6, 2019 at 12:01 AM Aston Martin’s first SUV model, the DBX, will be priced from £158,000 when it goes on sale in 2020, the company has revealed.
Lamborghini’s long shot mission to take its super fast cars into the electric age
Amborghini doesn’t just make supercars, it invented them.It’s an insane sounding technological long shot, but this technology could dramatically change the world of high performance cars — if this team of university scientists and auto company engineers can figure it out.Lamborghini’s sister brand Volkswagen — both companies are owned by the Volkswagen Group (VLKAF) — recently set a lap record for an electric car on Germany’s challenging Nurburgring race track with its ID.R electric race car.
Vietnam Punishes Volkswagen for Car With Disputed China Map
Vietnam will fine Volkswagen AG’s local distributor and an importer for showcasing a car with a navigation app reflecting Chinese territorial claims rejected by Hanoi.
German carmaker Audi to ramp up engine output in Hungary in 2020 -minister
BUDAPEST, Nov 4 (Reuters) – German premium carmaker Audi will ramp up engine output to 2.25 million units next year at its Hungarian factory, up from 1.95 million produced in 2018, Hungarian Foreign Minister Peter Szijjarto said on Monday.
Clever mobility app to become FREE NOW, be part of international group launched by Daimler and BMW
Clever’s transformation into FREE NOW will allow Romanian passengers to use a single app to find either a taxi or an alternative transport solution in Romania and over 100 cities in 9 European countries: Germany, UK, Ireland, Spain, Portugal, Italy, Poland, Austria and Sweden.Drivers will be able to increase their income through the multimodal service platform that connects them both with Romanian passengers and with foreign passengers coming to Romania for tourism or business purposes.
Toyota looks to transform from car maker to ‘mobility business’ in bid to stay relevant
Toyota looks to transform from car maker to ‘mobility business’ in bid to stay relevant The Telegraph | Nov 4, 2019 at 6:00 AM As Japan’s largest car-maker, Toyota has a heavy responsibility to stand out at the Tokyo motor show.
Peugeot Harnessed Family Ties to Woo Fiat After Renault Snub
Late in May, John Elkann was back in Paris. The city had become a frequent destination for the scion of the Italian Fiat clan as he worked to get a combination with Renault SA over the line. But days before announcing the deal, Elkann walked into the apartment in the affluent 16th district of an unusual dinner companion: Robert Peugeot, a descendant of the namesake carmaker and Renault arch rival.