Jardine Motors Group has completed the sale of the company’s former Jaguar Land Rover dealership in Slough, Berkshire. The premises was sold by Rapleys. The building was available due to Jardine relocating to a nearby purpose-built 42,000 sq ft JLR dealership. The property was purchased by Citygate, which operates a series of dealerships across north… Continue reading Jardine completes sale of former Slough dealership site
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Next-gen Volvo cars to get Google Assistant, Play Store and Maps
NEW DELHI: Volvo Cars has announced its collaboration with Google to embed the voice-controlled Google Assistant, Google Play Store, Google Maps and other Google services into its next-generation ‘Sensus’ infotainment system, based on Google’s Android operating system. Volvo Cars’ intended partnership with Google will further enhance the way Volvo customers engage and interact with their… Continue reading Next-gen Volvo cars to get Google Assistant, Play Store and Maps
New Maruti Swift, Baleno recalled over brake issue
NEW DELHI: Maruti Suzuki India (MSI) has announced a recall service campaign for its new Swift and Baleno models to inspect and fix a possible issue with the brake vacuum hose. Around 52,686 units of the car — which were manufactured between December 1, 2017, and March 16, 2018 — are said to be affected… Continue reading New Maruti Swift, Baleno recalled over brake issue
Auto: the fall of diesel is accelerating
A new course is crossed. For two months, the share of diesel engines in sales of new passenger cars fell below 40%: 39.83% in March, and 39.97% in April, bringing the average to 40% over the first four month of 2018, according to data compiled by AAA Data for the CCFA (Committee of French Automobile… Continue reading Auto: the fall of diesel is accelerating
Price pressure in the car business burdened Suppliers: Schaeffler cuts 950 jobs
All articles and backgrounds 08/05/2018 Price pressure in the car business burdened Suppliers Schaeffler cuts 950 jobs DPA Schaeffler Group headquarters in Herzogenaurach The automotive and industrial supplier Schaeffler wants to reduce 950 jobs worldwide. About 450 of them were in Germany, said the group on Monday in Herzogenaurach. The jobs should be eliminated in… Continue reading Price pressure in the car business burdened Suppliers: Schaeffler cuts 950 jobs
(LEAD) Hyundai Mobis expects to win US$7 bln in orders this year
(ATTN: CHANGES photo) SEOUL, May 8 (Yonhap) — Hyundai Mobis Co., South Korea’s biggest auto parts maker, said Tuesday it expects to win US$7 billion worth of orders globally this year on the heels of a rise in demand in China. Total orders soared to $6 billion in 2017 from $500 million in 2015 as… Continue reading (LEAD) Hyundai Mobis expects to win US$7 bln in orders this year
New Lotus Esprit supercar to hit roads in 2020
Lotus boss Jean-Marc Gales has revealed that two new sports cars are in the pipeline as investment begins to materialise from the company’s new owner, Chinese automotive giant Geely. The two cars will include a new star model, due in 2020, that will sit above the Evora — essentially placing it as a modern-day version of the… Continue reading New Lotus Esprit supercar to hit roads in 2020
Lotus could switch to Volvo powertrains
Jean-Marc Gales expects Lotus to still be using Toyota engines in the immediate future, but the Lotus boss is keen to embrace the powertrain options available from other Geely-owned brands. Such co-operation is most likely to make use of resources developed by Volvo, whose technology is also being used by fellow Geely brands Polestar and… Continue reading Lotus could switch to Volvo powertrains
Musk buys $9.85M in Tesla stock after taunting shorts
Dana Hull and Tom Metcalf, Bloomberg News Published 6:17 p.m. ET May 7, 2018 Tesla Inc.’s Elon Musk (Photo: Stephan Savoia / AP, file) Tesla Inc.’s Elon Musk is putting some money where his trash-talking mouth is. The chief executive officer bought about $9.85 million worth of Tesla shares on Monday, his biggest purchase since… Continue reading Musk buys $9.85M in Tesla stock after taunting shorts
Ford advancing talks for train depot amid speculation
Buy Photo Michigan Central Depot would anchor Ford’s next-generation mobility, electrification and autonomous vehicle development. (Photo: Daniel Mears / The Detroit News)Buy Photo Ford Motor Co.’s directors are expected this week to be told negotiations are continuing for the automaker to acquire the Michigan Central Depot, says a source close to the situation. No deal… Continue reading Ford advancing talks for train depot amid speculation