Mistry vs Tatas: SC granted stay on certain parts of NCLAT order, says Anil Singhvi

Mistry has said that he does not want to be back as chairman of Tata Sons. Even if NCLAT has given the order that he should be reinstated, the reinstatement is essentially for him to become a director of Tata Sons. Under Section 241 to 243 of the Companies Act, at any point, if a… Continue reading Mistry vs Tatas: SC granted stay on certain parts of NCLAT order, says Anil Singhvi

SK Innovation Hints At New Battery Plants In The U.S. And Hungary

SK Innovation, South Korea’s biggest oil refiner and one of the leading battery manufacturers, once again shared battery manufacturing capacity expansion plans. The South Korean company is already busy at several new sites. The latest plans concern the U.S. and Hungary/Europe where SK Innovation faces even higher demand for lithium-ion cells than previously anticipated. “South… Continue reading SK Innovation Hints At New Battery Plants In The U.S. And Hungary

The Sun Names Porsche Taycan 4S The World’s Best Electric Car

Tesla was the first manufacturer to start mass producing desirable electric cars, but in doing so it has forced the mainstream manufacturers to take note and start developing their own EVs. Its vehicles were deemed the best and most desirable for a good few years, but now that the likes of Porsche has its own… Continue reading The Sun Names Porsche Taycan 4S The World’s Best Electric Car

Honda, Toyota unveil new look variants at the Tokyo Auto Salon

The Tokyo Auto Salon 2020, one of the largest annual custom car and car-related product show in Japan kicks off in Chiba City. Honda unveils the first look of the updated 2020 Civic Type R high performance hatchback. This variant incorporates numerous changes including a new two-piece brake rotors and new brake pads designed to reduce… Continue reading Honda, Toyota unveil new look variants at the Tokyo Auto Salon

@Ford: Best-in-Class 1,400-Pound Front Plow Rating Makes 2020 Ford Super Duty the Ultimate Snow Machine

Available Snow Plow Prep Package on the new 2020 Ford F-Series Super Duty delivers best-in-class gas 1,400-pound maximum snow plow rating which includes mounting hardware Other Super Duty features help fend off the weather such as an available windshield wiper de-icer, heated steering wheel and heated front and rear seats Truck owners can outmuscle the… Continue reading @Ford: Best-in-Class 1,400-Pound Front Plow Rating Makes 2020 Ford Super Duty the Ultimate Snow Machine

@BMW: New all-time high for BMW Group deliveries in 2019 confirms position as world’s leading premium car company

Munich. The BMW Group reported its ninth consecutive record year in 2019, with a total of 2,520,307 (+1.2%) BMW, MINI and Rolls-Royce vehicles delivered to customers worldwide. The BMW, Rolls-Royce and BMW Motorrad brands also posted new all-time highs for 2019. Sales of electrified BMW and MINI vehicles also increased compared to the previous year.… Continue reading @BMW: New all-time high for BMW Group deliveries in 2019 confirms position as world’s leading premium car company

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