Italian supercar maker Automobili Lamborghini reported record global sales for 2021 with 8,405 cars, up 13% on 2020, which it says was due to a targeted and monitored growth strategy. The company reported double-digit growth in three regions – America (14%), Asia Pacific (14%) and EMEA (12%). In terms of individual markets, USA retained the top spot… Continue reading Lamborghini sells 8,405 cars in 2021, reports record global and India sales
Category: US Motoring Press
GM has new online marketplace with 45,000 parts for sale: What customers should know
In its drive to add revenue from sales of software and services, General Motors is launching an online parts store that will give GM vehicle owners the ability to buy parts direct. The automaker said Tuesday this is just one of many new digital offerings coming to car buyers. Those include buying accessories, over-the-air upgrades and subscriptions digitally, as… Continue reading GM has new online marketplace with 45,000 parts for sale: What customers should know
Peugeot readies 9X8 hypercar for race debut at 2022 Le Mans
Peugeot will return to the Le Mans 24 Hours in June with its new 9X8 hypercar, which features a 670bhp hybrid powertrain – and unusually not a rear wing. The French firm last competed at Le Mans in 2011. It will campaign a pair of the Le Mans Hypercar (LMH) machines in the FIA World Endurance… Continue reading Peugeot readies 9X8 hypercar for race debut at 2022 Le Mans
New Aston Martin DBX variant is “world’s most powerful luxury SUV”
Aston Martin is preparing to reveal a hot new version of its DBX, which it says will be “the world’s most powerful luxury SUV”. Scheduled for an unveiling on 1 February, the new model will be the range-topping performance version of the DBX promised by Aston Martin CEO Tobias Moers last year. The company has… Continue reading New Aston Martin DBX variant is “world’s most powerful luxury SUV”
Calling it Quits
When Tata Group Chairman, N Chandrasekaran met Tamil Nadu Chief Minister, MK Stalin some weeks ago, reports began doing the rounds that there was finally a knight in shining armour for Ford’s facilities in Chennai and Gujarat. The optimism could be short-lived since there is no indication that this will happen in a hurry. Tata… Continue reading Calling it Quits
SsangYong sale brings down the curtain on Mahindra saga
It’s finally all over for Mahindra & Mahindra and SsangYong Motor. With the Korean SUV maker now in the hands of a consortium led by Edison Motors, its 10-year innings with its Indian owner has officially come to an end. M&M had already made it known a couple of years ago that it would cap… Continue reading SsangYong sale brings down the curtain on Mahindra saga
Battle for a brand
To Harish Bijoor, this four-letter word brand is a “humongous asset” for the electric space. The reference is to ‘Hero’ where Pawan and Naveen Munjal have sought legal intervention for use of the name. The former who heads the market leader, Hero MotoCorp, wants the brand (Hero) for the foray into electric. This is not… Continue reading Battle for a brand
Rimac Automobili to become a standalone business as Rimac Technology
The Rimac Group is now fully operational, from January 1, 2022, as an umbrella company that incorporates Bugatti Rimac (active from November 2021) and the new standalone Rimac Technology business. The Rimac Group is the majority shareholder in Bugatti Rimac with a 55% stake and Porsche owning the remaining 45%. Rimac Technology – the sister… Continue reading Rimac Automobili to become a standalone business as Rimac Technology
VW’s global sales down 8 percent
VW’s electric vehicle sales did well in 2021 The company’s fossil fuel-powered vehicles saw a drop in sales even as EVs and plug-in hybrids grew by 97 percent and 33 percent, respectively. Volkswagen sales dropped around eight percent in 2021 as it battled the ongoing global semiconductor shortage. However, it recorded a substantial uptick in… Continue reading VW’s global sales down 8 percent
Ford F-150 Lightning dealer backs down from $10,000 markup
As Ford Motor Co. urges its auto dealers not to jack up prices on the popular F-150 Lightning pickup truck, at least one dealer appears to have reversed a plan to charge an extra $10,000 over sticker price. Longime Ford customer Chris Chase, a construction worker from Dorchester, Massachusetts, provided to the Free Press a letter dated Jan.… Continue reading Ford F-150 Lightning dealer backs down from $10,000 markup