Car dealer set for second consecutive year of losses, says ASE

Car dealers suffered a loss of £11,000 in November to all-but ensure the sector’s average business incurred losses for the whole of 2019, ASE has reported. ASE chairman Mike Jones reported in his monthly profitability report on the sector that the average car retail business would record full year losses for a second consecutive year… Continue reading Car dealer set for second consecutive year of losses, says ASE

New kid on the engine-less block

DON’T expect to see much under the bonnet of the Audi e-tron, if you poke around one at the Singapore Motorshow this weekend, where it’s making its debut.The S$367,500 (inclusive of Certificate Of Entitlement) sport utility vehicle is a significant car for Audi, given that it’s the brand’s first electric vehicle (EV) for the general public.Audi claims a range of 385km for the e-tron on a full charge, which is plenty enough for most drivers here, even those planning to drive halfway up Peninsular Malaysia.

WMS Group acquisition completed by Opteven

Opteven’s acquisition of WMS Group has been formally completed after gaining approval from The Financial Conduct Authority (FCA). Europe’s second-largest Mechanical Breakdown Insurer (MBI), based in Lyon, France, completed its move to acquire the business-to-business car warranties provider on January 8. John Colinswood will remain as WMS Group as managing director and Martin Quail will… Continue reading WMS Group acquisition completed by Opteven

Horizon Robotics reveals Horizon Matrix™ 2, its second generation scalable, low-power, ready-to-use autonomous driving computing platform

The passively cooled Matrix™ 2 utilizes Horizon’s automotive-grade Horizon Journey™ 2 AI processor and supports operation under a wide range of environmental conditions. The computing platform includes field-tested algorithms to deliver highly accurate vision perception for applications ranging from ADAS to fully autonomous robotaxis, shuttles, trucks and delivery fleets. Each Horizon Matrix™ 2 can support… Continue reading Horizon Robotics reveals Horizon Matrix™ 2, its second generation scalable, low-power, ready-to-use autonomous driving computing platform

@Tata-JLR: JAGUAR LAND ROVER REPORTS DECEMBER RETAIL SALES UP 1.3%

Jaguar Land Rover is the UK’s largest automotive manufacturer, built around two iconic British car brands: Land Rover, the world’s leading manufacturer of premium all-wheel-drive vehicles; and Jaguar, one of the world’s premier luxury sports saloon and sports car marques. At Jaguar Land Rover, we are driven by a desire to deliver class-leading vehicles, which… Continue reading @Tata-JLR: JAGUAR LAND ROVER REPORTS DECEMBER RETAIL SALES UP 1.3%

@Hyundai: CES 2020 Hyundai S-A1 R&D Story

CES 2020 Hyundai S-A1 R&D Story – Hyundai Motor Group TECH We use cookies to improve our site and your experience. By using this site, you agree to our TERMS OF USE Close Play CES 2020 Hyundai unveiled UAM(Urban Air Mobility).And now, let’s find out how Hyundai’s first UAM, S-A1 created with engineer interview. It… Continue reading @Hyundai: CES 2020 Hyundai S-A1 R&D Story

Siemens Mobility leads build-out of local charging network in West of England

Following the launch of local public charging network Revive, Siemens Mobility is working with Alfen and ENGIE EV Solutions (formerly ChargePoint Services) to deliver new charging hubs and more than 120 new EV connections across the West of England. Revive is a public charging network that will feature four dedicated charging hubs around Bristol, Bath,… Continue reading Siemens Mobility leads build-out of local charging network in West of England

Lebanon bans Ghosn from foreign travel

The statement said that Ghosn’s allegation of a conspiracy was “categorically false”, adding that prosecutors were seeking to bring him to justice in Japan. Beirut: Lebanon banned former auto tycoon Carlos Ghosn from travelling on Thursday after questioning him over an Interpol “red notice” of charges of financial misconduct in Japan, judicial sources said. The… Continue reading Lebanon bans Ghosn from foreign travel