Geneva, 6 March 2018 – In the margins of the Geneva motor show, the European Automobile Manufacturers’ Association (ACEA) reacts to recent discussions on possible tariffs on EU car imports to the United States by putting the trade relations between the two regions in context. “ACEA’s members are global companies, and international trade is an… Continue reading Press Releases – EU-US automobile trade and production in context
Category: Automotive
BMW Group reduces CO2 emissions in Europe again
Munich. The BMW Group has reduced CO2 emissions from its new car fleet in Europe (EU 28) to 122 grams/kilometre. Compared to 2016, this marks a reduction of a further 2 gram/kilometre (2016: 124g/km). The BMW Group has been reducing CO2 emissions from its EU fleet for years: since 1995, the average CO2 emissions for new… Continue reading BMW Group reduces CO2 emissions in Europe again
Morgan Plus 8 50th Anniversary launched
Morgan is marking the 50th year of its Plus 8 sports car with a new special edition of which just 50 examples will be produced. Revealed at the Geneva motor show, the new 50th Anniversary model will be among the very last cars to use a BMW N62 V8 engine, which bows out with the… Continue reading Morgan Plus 8 50th Anniversary launched
India: Temasek said to be in talks to invest in SoftBank-backed Ola
March 6, 2018 After speculations of Japanese investment giant SoftBank wanting to pump in more funds in Indian ride hailing major Ola, Singapore’s sovereign wealth fund Temasek is now reportedly in talks to invest in the Uber rival. According to a report in The Economic Times quoting sources, Temasek and other investors are looking to invest… Continue reading India: Temasek said to be in talks to invest in SoftBank-backed Ola
China Dealbook: Xingyuan Auto, BestSign, Interhouse.cn, Kaochong fundraise
March 6, 2018 Beijing Xingyuan Automotive Information Technology Co., an internet-based provider of services for the auto industry, has raised $79 million in a Series A round of funding led by Qiangwei Holdings, and Guoxing Fund. Other Chinese startups to raise fresh funding include BestSign, Interhouse.cn, and Kaochong, CMN reported. Xingyuan Auto secures $79m funding Beijing… Continue reading China Dealbook: Xingyuan Auto, BestSign, Interhouse.cn, Kaochong fundraise
February 2018 Sales Results
HYUNDAI MOTOR COMPANY (HMC) Corporate Disclosure to Korea Exchange Disclosure Title : February 2018 Sales Results 1. Sales Results: *Monthly sales Category (units) February 2018 January 2018 MoM % Change February 2017 YoY % Change Sales Unit Domestic 50,200 51,426 -2.4 53,113 -5.5 Overseas 259,948 288,202 -9.8 284,431… Continue reading February 2018 Sales Results
The “Smart Island”, a glimpse of the mobility of the future? 4 questions for our expert Eric Feunteun
Wednesday 28 February 2018 by Youmna HALIFA – Innovation Youmna HALIFA Share on Twitter Share on Facebook Share on LinkedIn Share on Pinterest Will we soon be able to live in complete energy self-sufficiency on an island? The electric revolution is not just about transport modes; it impacts our ecosystems and changes our everyday life.… Continue reading The “Smart Island”, a glimpse of the mobility of the future? 4 questions for our expert Eric Feunteun
Exclusive: Fiat Chrysler to spin-off Magneti Marelli without raising money – sources
LONDON/FRANKFURT/MILAN (Reuters) – Fiat Chrysler Automobiles NV (FCA) (FCHA.MI) is looking to spin off auto-parts business Magneti Marelli to its shareholders via a Milan listing that will not raise money by selling new shares, four sources familiar with the matter said. FILE PHOTO: A screen displays the ticker information for Fiat Chrysler Automobiles NV at… Continue reading Exclusive: Fiat Chrysler to spin-off Magneti Marelli without raising money – sources
Chinese Automaker Geely Offered To Buy Fiat Chrysler For $22 Billion: Report
Photo: FCA The founder and chairman of China’s Zhejiang Geely Holding Group Co. has global expansion on his mind. Last week, Li Shufu succeeded in becoming Daimler’s largest single shareholder. But before that he made a play for Fiat Chrysler, and today, we may know more about how that went down. The Billionaire Who Controls… Continue reading Chinese Automaker Geely Offered To Buy Fiat Chrysler For $22 Billion: Report
Jaguar I-Pace First Edition 2018 first drive
For a while I watch others drive, noting the reluctance of this long wheelbase, ultra low-centre of gravity car to roll its body, or slide, or do anything very much except squeal its tyres in extremis and go where it is steered. It does indeed change direction brilliantly – you can see that with the… Continue reading Jaguar I-Pace First Edition 2018 first drive