Stoneacre buys Platts Garage in Stafford

Stoneacre Motor Group has bought Platts Garage in Stafford, representing Fiat, Dacia, Renault and Kia. Platts has been located on the same site in  Lightwood Rd, Longton since 1938 when it was known as Peppers Garage. It was awarded the Fiat franchise in 1946 and billed itself as the longest established Fiat franchise in the UK.… Continue reading Stoneacre buys Platts Garage in Stafford

February 2018 Sales Results

HYUNDAI MOTOR COMPANY (HMC) Corporate Disclosure to Korea Exchange       Disclosure Title  :  February 2018 Sales Results     1. Sales Results: *Monthly sales Category (units) February 2018 January 2018 MoM   % Change February 2017 YoY   % Change Sales Unit Domestic 50,200 51,426 -2.4 53,113 -5.5 Overseas 259,948 288,202 -9.8 284,431… Continue reading February 2018 Sales Results

Press Release No. 05/2018 – Vehicle registrations in the February 2018

date 03/02/2018 Flensburg, March 2, 2018. 261,749 Passenger cars ( car ) were newly registered in February. That was +7.4 percent more than in the same month last year. The share of commercial approvals was 63.1 percent (+ 0.8%). Private registrations increased by + 21.3 percent. Except for Audi (-3.6%) and BMW (-0.7%) recorded the… Continue reading Press Release No. 05/2018 – Vehicle registrations in the
February 2018

Toyota starts a new $2.8 billion company to develop self-driving software

Toyota is expanding its pursuit of self-driving cars by starting a new company called Toyota Research Institute-Advanced Development, or TRI-AD. The Japanese automaker is starting the company in conjunction with automotive supplier Aisin Seiki and Denso, and together, they plan to invest $2.8 billion into TRI-AD in the coming years and hire around 1,000 employees… Continue reading Toyota starts a new $2.8 billion company to develop self-driving software

Kia cuts its worldwide sales by 9.1% in February and 2% since the beginning of the year

Posted 02/03/2018 11: 28: 43CET SEOUL, Mar. 2 (EUROPA PRESS) – The South Korean automobile firm Kia Motors closed last February with a global sales volume of 195,962 units, representing a decrease of 9.1% compared to the same month of the previous year, according to data published by the company. In the first two months… Continue reading Kia cuts its worldwide sales by 9.1% in February and 2% since the beginning of the year

Vantage buys Toyota dealerships from Charles Clark Motors

Vantage Motor Group has acquired the Toyota and Lexus businesses of Charles Clark Motors in Wolverhampton for an undisclosed sum. Vantage, rated 59 in the Motor Trader Top 200 with annual revenues of £262m, already has Toyota centres close by in Tamworth, Solihull and Birmingham where it also has a Lexus dealership. Vantage, which is… Continue reading Vantage buys Toyota dealerships from Charles Clark Motors

Powerful cash injection for US high-carat startup: VW’s self-driving partner Aurora sank 90 million

All articles and backgrounds 03/02/2018 Powerful cash injection for US high-car startup VW’s self-driving partner Aurora sank $ 90 million DPA Aurora co-founder Chris Urmson receives $ 90 million from investors for his robotic car startup Just a year old and already a heavyweight in the field of autonomous driving: This lightning start has the… Continue reading Powerful cash injection for US high-carat startup: VW’s self-driving partner Aurora sank 90 million

Uber launches Uber Health, a B2B ride-hailing platform for healthcare

Uber’s launching a new business line called Uber Health on Thursday that will provide a ride-hailing platform available specifically to healthcare providers, letting clinics, hospitals, rehab centers and more easily assign rides for their patients and clients from a centralized dashboard – without requiring that the rider even have the Uber app, or a smartphone.… Continue reading Uber launches Uber Health, a B2B ride-hailing platform for healthcare

Group 1 Automotive Appoints UK Operating Leader

HOUSTON, Feb. 28, 2018 /PRNewswire/ — Group 1 Automotive, Inc. (NYSE: GPI), (“Group 1” or the “Company”), an international, Fortune 500 automotive retailer, today announced that effective March 1, 2018, Group 1 Automotive will appoint Darren Guiver as managing director of its UK operations.   Mr. Guiver has worked for Group 1 in the UK since February 2016… Continue reading Group 1 Automotive Appoints UK Operating Leader

Aurora, Led by Google and Tesla Driverless Car Vets, Lands $90M

Aurora Innovation, a self-driving car startup whose founders have ties to Google, Tesla, and Uber, has raised $90 million in Series A funding co-led by Greylock Partners and Index Ventures. Along with the money, Greylock and Index are adding a member each to Aurora’s board of directors: Reid Hoffman, the co-founder of LinkedIn and partner… Continue reading Aurora, Led by Google and Tesla Driverless Car Vets, Lands $90M