The majority of dealers have a lower new car order take for the September plate change compared to last year. The latest Manheim latest dealer sentiment survey reveals that 91% of dealers have a lower order take because of the impact of the Worldwide Harmonised Light Vehicle Test Procedure (WLTP), which comes into effect on… Continue reading Over 90% of dealers have lower September new car order take
Category: News Site
Peugeot halts 308 output at Sochaux plant after gearbox problem
{{if trimcom}}{{:trimcom}}{{else}}{{:comment.substr(0,500)}}{{/if}} {{if comment.length > 500}} … Read More {{/if}} China’s Geely building new plant to make 250,000 bigger-sized cars – sources Aston Martin plans to go public as turnaround picks up speed Electric car makers moving into Tesla’s turf with new models Go to Source
New Aurus firm launches Russian presidential limousine
New Russian luxury car brand Aurus has launched its first models, the Senat and Senat Limousine, at the Moscow motor show. The limo, described as offering “uncompromising level of ballistic and explosive protection”, will serve as Russia’s new state vehicle and was seen in that role at the inauguration of president Vladimir Putin earlier this year. The… Continue reading New Aurus firm launches Russian presidential limousine
Waymo is expanding to China
Google’s sister Waymo has set foot in China. The enterprise Waymo is considered the leading company in the field of autonomous driving – at least according to the Navigant Study. Very soon you plan a robot taxi service in Arizona To start, where you have already gathered some cooperation partners around. Intel Waymo-minivan. Source: Intel… Continue reading Waymo is expanding to China
Cap hpi forecasts ‘good’ Q4 for used car values
Cap hpi is predicting a “relatively strong” Q4 for used car values despite the impact of WLTP. Derren Martin, head of current valuations with cap hpi said some carmakers were likely to register lower volumes than usual in September and this could stretch into Q4 and beyond, with a positive impact on values. “With fewer… Continue reading Cap hpi forecasts ‘good’ Q4 for used car values
UPDATE 3-Aston Martin plans to go public as turnaround picks up speed
LONDON (Reuters) – Luxury carmaker Aston Martin plans to float on the London Stock Exchange, completing a turnaround for the once perennially loss-making company that could now be valued at up to 5 billion pounds ($6.4 billion). FILE PHOTO: A company logo is seen on the new Aston Martin Vantage car at a media event… Continue reading UPDATE 3-Aston Martin plans to go public as turnaround picks up speed
China’s Geely building new plant to make 250,000 bigger-sized cars: sources
BEIJING (Reuters) – China’s Geely is building a new plant to produce a quarter of a million bigger-sized cars that will help meet a goal of selling more than 2 million vehicles by 2020 and power its growth, two people familiar with the matter said. FILE PHOTO: A building of the Geely Auto Research Institute… Continue reading China’s Geely building new plant to make 250,000 bigger-sized cars: sources
James Bond cult brand: Aston Martin reviews IPO
All articles and backgrounds 08/29/2018 James Bond cult brand Aston Martin reviews IPO DPA James Bond aka Daniel Craig gets out of an Aston Martin DB 10 British sports car maker Aston Martin wants to go public. A corresponding registration document as a condition for the Gang on the floor the automaker had submitted to… Continue reading James Bond cult brand: Aston Martin reviews IPO
Aston Martin London Stock Exchange flotation intent confirmed
After rumours began circling last year, Aston Martin has confirmed it intends to float the company on the London Stock Exchange within the next few weeks. The formal launch of the firm’s initial public offering (IPO) will see up to £1bn of shares in Aston offered for sale. The firm has today submitted a Registration Document with… Continue reading Aston Martin London Stock Exchange flotation intent confirmed
PSA factory in Valenciennes has production difficulties, Carlos Tavares is lobbying
Carlos Tavares, CEO of PSA, went to the factory in Valenciennes (North) on Tuesday, August 28th. according to information from France Bleu Nordit was not a courtesy call. The leader reportedly asked for an increase in daily production from 1,800 gearboxes to 3,000 starting November 1st. Since June, the Valenciennes site has encountered difficulties in… Continue reading PSA factory in Valenciennes has production difficulties, Carlos Tavares is lobbying