Sergio Marchionne, one of the longest-serving CEOs in the automotive industry, has a blunt warning: Carmakers have less than a decade to reinvent themselves or risk being commoditized amid a seismic shift in how vehicles are powered, driven and purchased. Developing technologies like electrification, self-driving software and ride-sharing will alter consumers’ car-buying decisions within six… Continue reading Adapt or Die Is Marchionne’s Stark Farewell Message to Carmakers
Category: Automotive
Lookers invests £12m in Volvo and Jaguar dealerships in Glasgow
Lookers has invested £12m in new Volvo and Jaguar dealerships in Glasgow. Its subsidiary Taggarts is relocating the Jaguar and Volvo businesses from Maryhill Road, Glasgow and Windmillhill Street, Motherwell to new dealerships at Hillington Park. The new Taggarts Jaguar Glasgow dealership includes a 29,000 ft showroom split over two floors, with capacity for over… Continue reading Lookers invests £12m in Volvo and Jaguar dealerships in Glasgow
Ford Mach1 performance SUV to launch in 2020
Ford’s first all-electric vehicle will be a Mustang-inspired performance SUV, Auto Express can reveal. It will arrive in 2020 and could be launched as the Mach1. The all-electric SUV will be built on a new dedicated EV platform and have a range of 300 miles, while the design and packaging of the model has almost… Continue reading Ford Mach1 performance SUV to launch in 2020
Black is back as UK’s favourite new car colour
Black knocks white off the top spot as UK’s favourite new car colour for first time in five years, with more than half a million registered in 2017. 60% of new cars registered in black, grey or white – with a primary colour not making the top three for seven years. Red falls out of… Continue reading Black is back as UK’s favourite new car colour
NTU & Volvo for Autonomous Electric Buses in Singapore
The University of NTU and the manufacturer Volvo want to jointly develop an autonomous e-bus for Singapore. Volvo still has some difficulties at home approval to receive, but in Singapore If you want to stir up the public transport right now. Autonomous E-bus Singapore. Source: NTU In fact, there are some autonomous driving projects in… Continue reading NTU & Volvo for Autonomous Electric Buses in Singapore
GLOBAL SALES RESULTS IN 2017: A new record for Groupe Renault with 3.76 million vehicles sold, a rise of 8.5%
3.76 million vehicles sold, a rise of 8.5% in a market that grew 2.3%. A record year for Renault, the world’s leading French brand, and for Dacia. Renault is the number-two brand in Europe. Renault remains the leader in Europe’s electric-vehicle segment with market share of 23.8%. All the regions of the group increased both… Continue reading GLOBAL SALES RESULTS IN 2017: A new record for Groupe Renault with 3.76 million vehicles sold, a rise of 8.5%
“We will take care of white spots”: ZF thinks after debt reduction back to acquisitions
ZF Friedrichshafen “If we spot white spots, then we’ll take care of it.” (Photo: AP) The auto supplier ZF Friedrichshafen can imagine larger takeovers after reducing its debt burden. The US billion purchase TRW is now almost completed, said since December acting CEO Konstantin Sauer on Sunday (local time) in the context of the US… Continue reading “We will take care of white spots”: ZF thinks after debt reduction back to acquisitions
ZF off to a Strong Start in 2018
“The improved rating highlights our solid financial policies and is a milestone in securing financial independence which is firmly anchored into the long-term ZF 2025 Strategy,” added Sauer, who is also CFO of the ZF Group. “We are making excellent progress in reducing debt that originated from the TRW acquisition in 2015. In fact, progress… Continue reading ZF off to a Strong Start in 2018
Electric offensive as in VW – even pick-up F-150 as a hybrid: Ford wants to invest 11 billion dollars in e-cars
01/15/2018 Electric offensive as in VW – also pick-up F-150 as a hybrid Ford wants to invest 11 billion dollars in e-cars ford Rethink: Also PS monster like the F-150 Ford wants to offer in the future as a hybrid vehicle The second largest US automaker Ford ill will massively increase its involvement in electric… Continue reading Electric offensive as in VW – even pick-up F-150 as a hybrid: Ford wants to invest 11 billion dollars in e-cars
Ford Goes ‘All In’ on Electric Cars
Ford Motor Co. will more than double spending on electrified vehicles, amplifying its investment in a segment that the auto industry sees growing from what’s now just a fraction of the market. The carmaker will shell out $11 billion bringing 40 electrified vehicles to market by 2022, Jim Farley, president of global markets, said during… Continue reading Ford Goes ‘All In’ on Electric Cars