Category: Automotive

Double Digit Top and Bottom-Line Growth, Positive Free Cash Flow at Linamar Despite Very Tough Cost Environment

GUELPH, ON, Nov. 9, 2022 /CNW/ – (TSX: LNR) Linamar Corporation Logo (CNW Group/Linamar Corporation) Excellent new business wins (“NBW”) take launch book to more than $5.0 billion; 71% of year to date (“YTD”) NBW with electrified vehicles; Sales up 27.5% and Net Earnings per Share – Diluted – Normalized up 19.4%; Sales up 22.9%… Continue reading Double Digit Top and Bottom-Line Growth, Positive Free Cash Flow at Linamar Despite Very Tough Cost Environment

Mercedes-AMG One takes Nurburgring production car lap record

The Mercedes-AMG One has set a new fastest lap for production cars at the Nürburgring, eclipsing the previous record by almost 10sec. The 1049bhp hypercar posted a time of 6min 35.183sec around the 156-corner circuit, driven by Mercedes DTM driver Maro Engel on 28 October. This lap time also took the record for the super-sports car category.  … Continue reading Mercedes-AMG One takes Nurburgring production car lap record

Jaguar Land Rover CEO: chip problem will take “years” to resolve

The Range Rover accounts for a significant proportion of JLR’s 205,000-car order bank Amid chip issues, Jaguar Land Rover reduced losses to £173 million in the third quarter of 2022 The squeeze on chip supplies will take “years” to resolve, Jaguar Land Rover CEO Thierry Bolloré has warned, even as many manufacturers, including JLR, report… Continue reading Jaguar Land Rover CEO: chip problem will take “years” to resolve

Kia Stinger GT exits UK, to be replaced by hot EV6 GT

The Kia Stinger GT sports saloon has been taken off sale in the UK after five years, ahead of the feisty new Kia EV6 GT replacing it as the Korean firm’s dedicated performance offering. The Stinger has always been a low-volume contributor to Kia’s UK sales, shifting just over 2300 units since launch in 2017,… Continue reading Kia Stinger GT exits UK, to be replaced by hot EV6 GT

Opinion: Why the Volvo EX90 is the safest car ever made

Safety is Volvo’s thing. The firm has a proud history of safety-based innovations, most notably the three-point seatbelt – which it opened the patent for so other firms could use it. It’s estimated Volvo innovations have saved a million lives. The new Volvo EX90 features a raft of new safety tech that could prove more… Continue reading Opinion: Why the Volvo EX90 is the safest car ever made

Top 10 Electric Vehicle Consumer Questions – Explained!

NORTHAMPTON, MA / ACCESSWIRE / November 10, 2022 / Eaton: Electric vehicles are a hot topic with automotive buyers today, however some consumers have concerns before making the transition to EVs. Brandon Fisher and Dan Ouwenga from Eaton’s eMobility business address the top 10 consumer concerns related to electric vehicles. BRANDON FISHER: Hello. Welcome to… Continue reading Top 10 Electric Vehicle Consumer Questions – Explained!

@Nio: NIO Inc. Reports Unaudited Third Quarter 2022 Financial Results000465

Quarterly Total Revenues reached RMB13,002.1 million (US$1,827.8 million)i Record-high Quarterly Vehicle Deliveries were 31,607 units SHANGHAI, China, Nov. 10, 2022 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today announced its unaudited financial results for… Continue reading @Nio: NIO Inc. Reports Unaudited Third Quarter 2022 Financial Results000465

German Handelsblatt: Electromobility: New name, more range and a higher price – this is how Audi is revising the E-Tron005579

Four years ago, an SUV in the typical form of successful Audi high-legged friends prepared to lure customers away from the upstart Tesla. Like the Mercedes EQC or the Jaguar i-Pace, the Audi E-tron was presented for the first time in 2018 and hit the streets the following year. Finally the Europeans woke up, after… Continue reading German Handelsblatt: Electromobility: New name, more range and a higher price – this is how Audi is revising the E-Tron005579

German Handelsblatt: VW, Ford and Co: The new Golf class – these are the five most popular compact SUV005578

SUVs are in demand. The compact crossovers, which offer plenty of space for family and luggage at a reasonable cost, have been particularly popular for a long time. Five models below the premium league are leading the bestseller list in Germany this year. An overview of their strengths and weaknesses.Because the second generation of the… Continue reading German Handelsblatt: VW, Ford and Co: The new Golf class – these are the five most popular compact SUV005578