It was a record deal: Volkswagen received around 288 million euros back from former CEO Martin Winterkorn, ex-Audi boss Rupert Stadler and other former managers and insurers for breaches of duty in the diesel scandal. But many VW shareholders were not impressed. On the contrary: They attacked the group management hard for the comparison –… Continue reading German Handelsblatt: Diesel scandal: 288 million euros are not enough: VW shareholders want to overturn comparison with Winterkorn and Co.004445
Category: Automotive
Vinyl Records Market Size to Grow by USD 563.97 million | GZ Media AS and Implant Media Pty Ltd. Among Key Vendors | Technavio
This report segments the vinyl records market by product (LP/EP vinyl records and single vinyl records) and geography (North America, APAC, Europe, South America, and MEA) NEW YORK, June 8, 2022 /PRNewswire/ — Vinyl records are analog audio recordings pressed onto vinyl. They come in the form of a flat disc with an inscribed, modulated… Continue reading Vinyl Records Market Size to Grow by USD 563.97 million | GZ Media AS and Implant Media Pty Ltd. Among Key Vendors | Technavio
German Handelsblatt: Hyundai subsidiary: This electric sedan is designed to challenge Mercedes – an exit in the Genesis Electrified G80004444
After the introduction of the battery-electric Genesis GV60, the electric version of the G80 sedan follows immediately. With it, the luxury brand from Hyundai is electrifying its range in the business class. The e-offshoot of the middle-class SUV GV70 is coming in the fall. Genesis’ goal is to offer all new models exclusively with electric… Continue reading German Handelsblatt: Hyundai subsidiary: This electric sedan is designed to challenge Mercedes – an exit in the Genesis Electrified G80004444
PMI Electro Mobility to supply 144 electric buses in Nagpur
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RBI hikes key rate to tackle inflation but sees rural consumption improving
In what could potentially be another sentiment dampener, the Reserve Bank of India has hiked the repo rate, the key policy rate, yet again by 50 basis points to 4.9 percent to tackle inflation. In consonance with the RBI Monetary Policy Committee’s objective of achieving the medium-term consumer price index (CPI) inflation target of 4… Continue reading RBI hikes key rate to tackle inflation but sees rural consumption improving
New Rs 1150 crore order win for Ramkrishna Forgings
Ramkrishna Forgings has bagged a four-year export order worth Rs 1150 crore from a European Tier 1 supplier of new differential housing case business. Lalit Khetan, Executive Director & CFO, Ramkrishna Forgings said, “It gives us great pleasure to announce the award of new Differential housing case business by one of the major global Tier… Continue reading New Rs 1150 crore order win for Ramkrishna Forgings
Genesis Electrified G80
An electric motor on each axle produces a combined 365bhp and 516lb ft. That’s 65bhp and 205lb ft more than the top-spec 2.5-litre petrol G80. The motors can rev at 19,000rpm for a claimed smoother operation, and the system will switch from single-motor rear-drive to dual-motor mode automatically to balance performance and range. The motors… Continue reading Genesis Electrified G80
New 2024 Cupra Terramar is brand’s final combustion car
The new Cupra Terramar will enter dealerships in 2024 as a striking, hybrid-only crossover to rival the likes of the Hyundai Tucson and Toyota RAV4. Revealed today alongside the 2025 Cupra Urban Rebel electric supermini and the 2024 Cupra Tavascan electric SUV, the Terramar will be offered with a choice of mild-hybrid petrol and plug-in hybrid powertrains.… Continue reading New 2024 Cupra Terramar is brand’s final combustion car
Updated 2024 Cupra Formentor and Cupra Leon get all-new look
The Cupra Formentor and Cupra Leon will be radically redesigned as part of a significant round of updates in the next two years, as the Spanish brand looks to more heavily differentiate its cars from those of parent company Seat. Prototypes for the updated duo were shown briefly – and dimly – as part of… Continue reading Updated 2024 Cupra Formentor and Cupra Leon get all-new look
Steve Cropley: Kia EV6 is cool but clinical
This week, Steve’s been appreciating the Kia EV6, driving a van to Birmingham and back and, perhaps most importantly, washing his cars. But first, he tells us about his experience with a trialling legend… Sunday To Long Compton, a sublime rural location in the northern Cotswolds, for the Jacobean Sporting Trials Festival 2022. The what?… Continue reading Steve Cropley: Kia EV6 is cool but clinical