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Finland’s Nokian begins tyre production at new U.S. factory

FILE PHOTO: Nokian tyres are stored at a tyre assembling centre and shop in Moscow, August 8, 2014. REUTERS/Maxim Shemetov/File Photo HELSINKI (Reuters) – Finland’s Nokian Tyres NRE1V.HE has begun commercial production at its new U.S. factory in Dayton, Tennessee, the company said on Monday, as it seeks to diversify its business away from reliance… Continue reading Finland’s Nokian begins tyre production at new U.S. factory

UPDATE 1-Finland’s Nokian begins tyre production at new U.S. factory

FILE PHOTO: Nokian tyres are stored at a tyre assembling centre and shop in Moscow, August 8, 2014. REUTERS/Maxim Shemetov/File Photo HELSINKI (Reuters) – Finland’s Nokian Tyres NRE1V.HE has begun commercial production at its new U.S. factory in Dayton, Tennessee, the company said on Monday, as it seeks to diversify its business away from reliance… Continue reading UPDATE 1-Finland’s Nokian begins tyre production at new U.S. factory

Cadillac Blackwing gets ticket to Italy, to go to work in a supercar – Autoblog

Some necessary cost-cutting at Cadillac led to switching the new CT4, CT5, and Escalade to older platforms. The revised architecture plan meant Cadillac’s newest top-tier products couldn’t fit Cadillac’s newest top-tier engine, the 4.2-liter twin-turbo DOHC V8 known as Blackwing. That engine would serve limited duty at full power in the now-dead CT6-V, and at… Continue reading Cadillac Blackwing gets ticket to Italy, to go to work in a supercar – Autoblog

Zenos E10 Review (2020) – Autocar

The genesis story of Zenos feels like an old one by now, but it’s a good one, so let’s recap. In 2000, Ansar Ali and Mark Edwards met as senior employees at Lotus. Five years on, having helped to engineer a buyout of Caterham Cars, they became that company’s CEO and COO respectively. It’s hard… Continue reading Zenos E10 Review (2020) – Autocar

Steven Eagell Group confirms six-site Vantage Toyota and Lexus acquisition

Steven Eagell Group has confirmed the acquisition of four Toyota and two Lexus car dealerships in the West Midlands from the Vantage Motor Group. Confirmation of the deal came in a statement issued by the AM100 franchised operator today (March 9) – five days after AM exclusively reported on the pending transaction. As reported by… Continue reading Steven Eagell Group confirms six-site Vantage Toyota and Lexus acquisition

Lotus has already sold out of its electric hypercar for 2020

Sponsored Links Mat Smith/Engadget Did you stare at the Lotus Evija and wonder how anyone could justify an electric hypercar costing over $2.6 million, especially from a brand best known for far lighter and cheaper gas vehicles? Apparently, you had no reason to doubt. Lotus told Autocar that it has already sold out of the… Continue reading Lotus has already sold out of its electric hypercar for 2020

Nidec conducts mass demotions to clear way for Nissan’s Seki

TOKYO — Japanese electric motor manufacturer Nidec has downgraded the positions of a slate of top-level executives in order to concentrate power in the hands of Jun Seki, the incoming president, the company said Friday. Seki, who briefly served as the third-ranking executive at Nissan Motor before jumping ship to Nidec, will answer only to Chairman and CEO Shigenobu Nagamori.… Continue reading Nidec conducts mass demotions to clear way for Nissan’s Seki

Hyundai kicks off production of new Creta at Chennai plant

The first made-in-India production-ready new Creta has rolled off the production line at Hyundai Motor India’s Sriperumbudur plant in Tamil Nadu, ahead of the midsize SUV’s official launch on March 17, 2020. Hyundai Motor India had upgraded the plant in preparation for the second-generation Creta’s production. Additions include a set of robots to assemble the roof… Continue reading Hyundai kicks off production of new Creta at Chennai plant

Study expects billions of dollars in CO2 penalties for car manufacturers: “Electric cars will continue to be a subsidy business for years to come”

REUTERS Electric car production at Volkswagen According to a study, ten car manufacturers face EU fines totaling 3.3 billion euros next year for high CO2 levels. Short-term measures such as discounts for their electrified or particularly economical cars could hardly compensate for this, explained the industry experts at the management consultancy Deloitte in Munich. The… Continue reading Study expects billions of dollars in CO2 penalties for car manufacturers: “Electric cars will continue to be a subsidy business for years to come”