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McLaren BP23 ‘Hyper-GT’ will be the fastest McLaren ever produced

Alongside the Senna GTR, McLaren used the Geneva Motor Show to reveal that the forthcoming three-seat ‘Hyper-GT’ will be the fastest car the brand has ever produced. It’s said to be capable of exceeding 243mph, which is faster than the once record-breaking McLaren F1 of the nineties. We are yet to see the new model,… Continue reading McLaren BP23 ‘Hyper-GT’ will be the fastest McLaren ever produced

Britain’s GKN signs deal with Dana over auto tie-up

(Reuters) – Britain’s GKN (GKN.L) said it had agreed to merge its automotive business with Dana Incorporated (DAN.N) to create Dana Plc, adding the deal provided “significantly greater value” for its shareholders than Melrose Plc’s (MRON.L) 7 billion pound ($9.68 billion) hostile bid. The proposed deal gives GKN Driveline a total enterprise value of $6.1… Continue reading Britain’s GKN signs deal with Dana over auto tie-up

BRIEF-Dana To Combine With GKN’s Driveline Division

March 9 (Reuters) – Dana Inc: * DANA ANNOUNCES AGREEMENT TO COMBINE WITH GKN’S DRIVELINE DIVISION * DEAL INCLUDES ‍133 MILLION NEW DANA PLC SHARES ISSUED TO GKN SHAREHOLDERS, VALUED AT ABOUT $3.5 BILLION * ‍DEAL INCLUDES ASSUMPTION OF ABOUT $1.0 BILLION OF NET PENSION LIABILITIES, AND 133 MILLION NEW DANA PLC​ SHARES * TOTAL… Continue reading BRIEF-Dana To Combine With GKN’s Driveline Division

Hyundai asks for union’s cooperation in cutting worker benefits

SEOUL, March 9 (Yonhap) — Hyundai Motor Co., South Korea’s biggest carmaker by sales, recently asked for the cooperation of its union to accept a cut in benefits as part of a broader move to ride out the unfriendly business environment, the company said Friday. In a letter sent to the union last Friday, the… Continue reading Hyundai asks for union’s cooperation in cutting worker benefits

Hyundai recalls Sonatas; air bags may not inflate in crash

2011 Hyundai Sonata (Photo: Hyundai) DETROIT — Hyundai is recalling nearly 155,000 Sonata midsize cars in the U.S. because the air bags may not inflate in a crash. The recall covers cars from the 2011 model year. Hyundai says a short circuit in the air bag control computer can stop the seat belts from tightening before… Continue reading Hyundai recalls Sonatas; air bags may not inflate in crash

Emission standard Euro 6d seems to work wonders: Environmentalists praise new diesel cars

All articles and backgrounds 08/03/2018 Emission standard Euro 6d apparently works wonders Environmentalists praise new diesel cars DS DS 7 Crossback from the PSA Group At the Geneva Motor Show VW CEO Matthias Müller once again astonished his listeners. “I believe the diesel will be renaissance in the foreseeable future,” said Müller, And that, as… Continue reading Emission standard Euro 6d seems to work wonders: Environmentalists praise new diesel cars

Citroën shows its priorities internationally

Linda Jackson, director of Citroën, took advantage of Geneva to present the brand’s battle plan to the rafters internationally. In the spotlight: Latin America, Eurasia and the Middle East in particular. Silence on the other hand on its first market outside Europe, China and Southeast Asia, battered in 2017. In 2017, Citroën achieved 26% of… Continue reading Citroën shows its priorities internationally

Hennessey’s Venom F5 could be the first road car to break 300 mph

Hennessey’s Venom F5 could be the first road car to break 300 miles per hour Faster than an F1 car and named after an F5 tornado, the newest Hennessey Venom is the kind of car that unquestionably belongs at the Geneva Motor Show. It is all about raw power and radical design. It’s also about… Continue reading Hennessey’s Venom F5 could be the first road car to break 300 mph

Germany’s Continental and Chinese Auto Parts Maker CITC Team Up To Develop Hybrid Battery Systems

Continental AG (CON.XE), a German automotive supplier, said it plans to set up a joint venture with Chinese auto parts maker Sichuan Chengfei Integration Technology Co. to develop and manufacture 48-volt battery systems for cars. Continental AG will hold a 60% interest in the joint venture and the rest will be held by CITC, a… Continue reading Germany’s Continental and Chinese Auto Parts Maker CITC Team Up To Develop Hybrid Battery Systems