World leading electric vehicle company takes over Tenerife for a month to share its vision of zero emissions future More than 12,000 new Nissan LEAF customer orders in Europe in just 90 days Nissan e-NV200 with new battery giving businesses an extra 100km of range on sale from spring 2018 Tenerife, Canary Islands (January… Continue reading Nissan showcases Electric Ecosystem designed to deliver the future of driving today
Category: Automotive
Snows Group buys Portfield in Chichester
Snows Group has hit the acquisition trail buying Portfield in Chichester,which represents Citroën, Mazda and Peugeot (pictured) brands in the city. A Toyota franchise dealership is also being developed for the site. The deal also includes Portfield Part Exchange Centre Bognor Regis, which will become Snows’10th specialist used car outlet under the banner Too Good… Continue reading Snows Group buys Portfield in Chichester
UPDATE 1-Auto1 says no need for IPO after Softbank invests
BERLIN (Reuters) – German used-car dealing platform Auto1 said a 460 million euro ($561 million) financial infusion from Japan’s Softbank meant it was under no pressure to launch an initial public offering to fund its pan-European growth plans. Softbank, through its Vision Fund, will make around half of its investment via new shares, valuing Auto1… Continue reading UPDATE 1-Auto1 says no need for IPO after Softbank invests
Samsung SDI Unveils Innovative Battery Products at Detroit Motor Show
Displays cells, modules and battery packs using highly efficient, leading-edge material that can help popularize electric vehicles- Introduces new materials technology as well as various cells, modules and battery packs□ Increases EV design flexibility with tailored products- Exhibits Multi-Functional Module Battery Packs, Low Height Cells, 21700 Cylindrical Battery Cells SEOUL and Detroit–Samsung SDI (President: Jun Young-hyun)… Continue reading Samsung SDI Unveils Innovative Battery Products at Detroit Motor Show
Softbank invests €460M in Germany’s Auto1 car dealer platform
Softbank’s Vision Fund has made another investment: The Japanese conglomerate has agreed to invest €460M in Berlin-based online car dealer Auto1. Auto1 confirmed the investment in a press release put out today, saying the deal values the company at €2.9BN. Around half of the investment is being made through the issue of new shares, it added. The… Continue reading Softbank invests €460M in Germany’s Auto1 car dealer platform
Renault: record sales thanks to Lada and Asia
It is not only in France that Renault has a good year 2017. Internationally, the sales of the French manufacturer have also the wind in the back with an increase, all regions, of 8.5%, to 3.76 million vehicles sold. Asia-Pacific and Eurasia The brand at Losange is boosted by two sectors in particular: first Asia-Pacific,… Continue reading Renault: record sales thanks to Lada and Asia
Adapt or Die Is Marchionne’s Stark Farewell Message to Carmakers
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
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