Audi Selects Mobileum for Connected Car Testing and Monitoring

CUPERTINO, Calif., July 6, 2021 /PRNewswire/ — Mobileum Inc. (“Mobileum”), a leading global provider of analytics-based roaming and network services, risk management, and testing and monitoring solutions, is pleased to announce that Audi (AUDVF) is deploying Mobileum’s Connected Car Testing solution to test and monitor the end-to-end quality of service (QoS) of their connected cars and to… Continue reading Audi Selects Mobileum for Connected Car Testing and Monitoring

Carsome invests in Indonesian car auction firm PT Universal Collection

Southeast Asian used car trading platform Carsome announced that it has acquired a stake in PT Universal Collection, a Jakarta-based offline car and motorcycle auction service company. Financial details of the acquisition were not disclosed. The deal marks Carsome’s first investment in Southeast Asia this year and allows the integrated car e-commerce platform to double… Continue reading Carsome invests in Indonesian car auction firm PT Universal Collection

Fifth-gen Kia Sportage makes global debut

Kia has taken the covers off its all-new fifth-generation Sportage, which it bills as “the ultimate urban SUV”. It is the result of a collaborative effort between Kia’s main global design network in Korea, Germany, the US and China. Developed on a new architecture, the new Sportage combines a driver-centric design with a state-of-the-art premium… Continue reading Fifth-gen Kia Sportage makes global debut

VW offloads Bugatti to Rimac to form new EV company Bugatti-Rimac

Croatian electric supercar startup Rimac Automobili is taking over Bugatti. Rimac will own a controlling 55% share in the new company, Bugatti-Rimac, with VW’s Porsche owning the remaining 45%, according to reports by the Financial Times. “Rimac and Bugatti are a perfect match in terms of what we each bring to the table,” said founder… Continue reading VW offloads Bugatti to Rimac to form new EV company Bugatti-Rimac

New car market recovery squeezed by supply issues

186,128 new cars registered in June, up 28.0% on same month last year when most dealerships reopened after first lockdown. Uptake down -16.4% on 10-year June average and down -26.8% year to date. Consumer confidence steady but global semiconductor shortage impacts vehicle supply. SEE CAR REGISTRATIONS BY BRAND DOWNLOAD PRESS RELEASE AND DATA TABLE New… Continue reading New car market recovery squeezed by supply issues

@VW Group: New functions and greater comfort: Volkswagen launches Over-the-Air Updates for the ID. family003388

Volkswagen is taking the next big step towards becoming a software-oriented mobility provider: from this summer, the brand will regularly send software updates “Over-the-Air” to models in its ID. family. This makes Volkswagen the first and only high-volume manufacturer to make this innovative technology available to its customers on a broad basis. The first model… Continue reading @VW Group: New functions and greater comfort: Volkswagen launches Over-the-Air Updates for the ID. family003388

@Ferrari: Ferrari N.V.: periodic report on the buyback program000133

Maranello (Italy), July 5, 2021 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the fourth tranche of the common share buyback program announced on March 11, 2021 (“Fourth Tranche”), additional common shares – reported in aggregate form, on a daily basis – on the Italian Stock Exchange… Continue reading @Ferrari: Ferrari N.V.: periodic report on the buyback program000133

Rimac takes over Bugatti from VW in powerhouse electric supercar deal

Croatian electric supercar startup Rimac announced that it was taking over Bugatti from Volkswagen to form a new company called Bugatti Rimac. The news was first reported by the Financial Times. Bugatti Rimac will be led by Mate Rimac, who founded the company in 2009 in a garage as a one-man operation. Over that period,… Continue reading Rimac takes over Bugatti from VW in powerhouse electric supercar deal

Bugatti to launch EVs but also retain ICE power

Bugatti will diversify its line-up and usher in electrification following the signing of a partnership with EV specialist Rimac but will continue to offer internal combustion engines in the long-term.  The ultra-exclusive French brand is now part of the Croatia-based Rimac Group, having partnered with Rimac Automobili to form new company Bugatti Rimac LLC. As part of this joint venture, Bugatti… Continue reading Bugatti to launch EVs but also retain ICE power

Audi Sphere trio previews autonomous SUV, coupé and saloon

Audi has teased three new concept cars that bosses claim showcase its vision of future autonomous-capable vehicles. The three concepts, named the Sky Sphere, Grand Sphere and Urban Sphere, are due to be shown in the course of the next year. They were detailed in a video posted to Linkedin by Audi sales boss Henrik… Continue reading Audi Sphere trio previews autonomous SUV, coupé and saloon