Aston Martin’s Valkyrie is a ‘marketing tool’ for volume mid-engine supercar

Aston Martin‘s Valkyrie hypercar is “first and foremost […] a marketing tool,” the company’s CEO Andy Palmer said in a recent interview, meant to stir up a market for a forthcoming volume-production mid-engined supercar. “It won’t lose money, but it was never designed to be a big money generator, because we are only making 150… Continue reading Aston Martin’s Valkyrie is a ‘marketing tool’ for volume mid-engine supercar

Press Releases – Latest diesel cars emit low on-road pollutant emissions, contrary to recent misleading claims

Brussels, 6 June 2018 – Contrary to misleading claims in a new report, the latest Euro 6d diesel cars emit low pollutant emissions on the road under the new Real Driving Emissions (RDE) test, which came into application in September 2017. Under RDE, a car is driven on public roads over a wide range of… Continue reading Press Releases – Latest diesel cars emit low on-road pollutant emissions, contrary to recent misleading claims

AlphaCar, the First Community Token Economy with Large Scale Application on Blockchain

SHANGHAI, June 6, 2018 /PRNewswire/ — The global automotive market has more than 1.3 billion cars and is a 10 trillion US dollar market. However, it is a typical lemon market due to asymmetric information. George A. Akerlof won the Nobel Prize in Economics for his paper “The Market for Lemons: Quality Uncertainty and the… Continue reading AlphaCar, the First Community Token Economy with Large Scale Application on Blockchain

The 3.9-litre V8 takes the International Engine of the Year Award

Ferrari’s turbo-charged V8 is voted the best engine of the last 20 years The 3.9-litre V8 takes the International Engine of the Year Award for the third year running A record number of six awards Stuttgart, 5 June 2018 – The latest iteration of Ferrari’s turbo-charged V8 that equips, in various forms, all Ferrari’s V8-engined… Continue reading The 3.9-litre V8 takes the International Engine of the Year Award

Aston Martin: Valkyrie is Marketing for Volume Mid Engine Car

The Aston Martin Valkyrie hypercar will be limited to just 150 units and all of them have already been sold.  The Valkyrie will feature aerodynamics penned by Red Bull Racing’s not-so-secret weapon Adrian Newey and a bespoke V12 engine developed by Cosworth. You might think engineering something so complex would be a bit of a… Continue reading Aston Martin: Valkyrie is Marketing for Volume Mid Engine Car

Press Releases – Post-2020 CO2 targets: Cars must be affordable and rechargeable, auto industry says

Brussels, 5 June 2018 – One month before key votes on future CO2 targets for cars in the European Parliament, and a few weeks before discussions amongst EU environment ministers, members of the European Automobile Manufacturers’ Association (ACEA) have re-iterated their commitment to decarbonisation, as well as their concerns about the consequences of a poorly-managed… Continue reading Press Releases – Post-2020 CO2 targets: Cars must be affordable and rechargeable, auto industry says

Why Subaru Is Happy to Be Last in Electric Race

LISTEN TO ARTICLE SHARE THIS ARTICLE Subaru owners are a green bunch. They tend to bike, camp and kayak more than other drivers and inordinately live in the parts of the U.S. with the toughest emissions mandates. The company plays to this ecological image by producing more than 1 million vehicles each year without sending any waste to landfills. Yet the Subaru… Continue reading Why Subaru Is Happy to Be Last in Electric Race

Heavy factory, dealer discounts fuel US truck price war

(Reuters) – Heavy discounts of up to $16,000 per vehicle are fueling a “truck war” among full-size pickups sold in the United States by the Detroit Three, a Reuters analysis shows. Strong U.S. sales this year of the highly profitable big trucks have helped offset lagging passenger car sales. But it is not clear how… Continue reading Heavy factory, dealer discounts fuel US truck price war

Waymo expands autonomous driving partnership with Fiat Chrysler

On the same day of a massive $2.25 billion Softbank investment into General Motors’ Cruise, Fiat Chrysler Automobiles (FCA) is announcing an expanded partnership with Waymo that will add up to 62,000 more Chrysler Pacifica minivans to Waymo’s self-driving car fleet later this year. This isn’t too surprising, given Waymo said earlier this year that… Continue reading Waymo expands autonomous driving partnership with Fiat Chrysler

Lotus boss leaves as new owner Geely promotes from within

Lotus’s boss has left the sports car manufacturer less than a year after it was acquired by Chinese automotive giant Geely. Jean-Marc Gales was brought in to the Norfolk-based company in 2014 with a remit to get it back on track after an ambitious expansion plan under former Ferrari marketing chief boss Dany Bahar failed.… Continue reading Lotus boss leaves as new owner Geely promotes from within