Author: World_Newz Mon

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.

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.

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.

Mazda braces for 30% FY profit drop on falling car sales in US, China: Nikkei

Mazda Motor Corp is facing a drop in annual profit of about 30 per cent as the Japanese automaker struggles with falling sales in the United States and China, its biggest markets, the Nikkei newspaper reported on Friday.The updated forecast would be almost half the automaker’s previous profit forecast of 110 billion yen.Demand for Mazda vehicles including the Mazda3 sedan and the CX-5 SUV crossover has slumped since the company posted record annual sales of about 1.6 million vehicles in the 2018 financial year.