Category: Automotive

Royal Enfield claims Interceptor 650 and Himalayan are best-sellers in the UK

Royal Enfield’s Interceptor 650 and the Himalayan adventure bike have achieved new records in the UK. While the Interceptor has been the highest-selling naked style motorcycle in that market for the last 12 months (from June 2019 – June 2020) in the middleweight (250cc-750cc)  segment between June 2019 and June 2020, the Himalayan is placed  fourth.… Continue reading Royal Enfield claims Interceptor 650 and Himalayan are best-sellers in the UK

@niche: Genovation Cars Announces Partnership with the College for Creative Studies

Genovation Cars Announces Partnership with the College for Creative Studies 30 Jun ’20 Genovation Cars Inc., announces a competition for the College for Creative Studies (CCS) Transportation Design students to reimagine a new exterior for the GXE all-electric supercar, currently holding the world speed record of 211.8mph which was witnessed and certified by the International… Continue reading @niche: Genovation Cars Announces Partnership with the College for Creative Studies

Chairman of China’s automaker BAIC to retire -sources

SHANGHAI, July 31 (Reuters) – The chairman of China’s state-owned automaker BAIC Group, which has partnerships with German luxury automaker Daimler AG and Korean Hyundai Motor Co, is set to retire, two people familiar with the matter said. Xu Heyi, 62, took office in 2007. During the chairmanship of BAIC Group, he developed electric vehicle… Continue reading Chairman of China’s automaker BAIC to retire -sources

Amazon gets FCC approval for its Project Kuiper broadband satellites

Sponsored Links MANDEL NGAN via Getty Images The FCC has unanimously approved Amazon’s Project Kuiper, giving the tech giant the go-ahead to deploy and operate a constellation of 3,236 satellites. Amazon asked the FCC for permission to launch thousands of Low Earth Orbit satellites in July 2019, just a few months months after announcing the… Continue reading Amazon gets FCC approval for its Project Kuiper broadband satellites

Mazda braces for record annual operating loss as car sales slump

FILE PHOTO: The logo of Mazda Motor Corp. is displayed at the company’s news conference venue in Tokyo, Japan May 11, 2018. REUTERS/Kim Kyung-Hoon TOKYO (Reuters) – Mazda Motor Corp (7261.T) forecast a record annual operating loss on Friday as the Japanese automaker continues to be pummelled by falling vehicle sales due to the COVID-19… Continue reading Mazda braces for record annual operating loss as car sales slump

@VW Group: TRATON GROUP sees first signs of business recovery in third quarter

The TRATON GROUP recorded lower unit sales, sales revenue, and earnings in the first six months of 2020 in the wake of the expected market downturn in Europe and the significant impact of the global COVID-19 pandemic. Unit sales recorded by the three brands Scania, MAN and Volkswagen Caminhões e Ônibus from January to June… Continue reading @VW Group: TRATON GROUP sees first signs of business recovery in third quarter

@VW Group: Volkswagen brand with effective crisis management in the first half of the year

Business at the Volkswagen Passenger Cars brand was significantly impacted by the global Covid-19 pandemic in the first half of 2020. However, effective countermeasures reduced the impact of the crisis. Through strict cost management the brand substantially reduced its general overhead costs, expenditures for research and development and capex year-on-year. In addition, production was strictly… Continue reading @VW Group: Volkswagen brand with effective crisis management in the first half of the year