Chinese Automaker Geely Offered To Buy Fiat Chrysler For $22 Billion: Report

Photo: FCA The founder and chairman of China’s Zhejiang Geely Holding Group Co. has global expansion on his mind. Last week, Li Shufu succeeded in becoming Daimler’s largest single shareholder. But before that he made a play for Fiat Chrysler, and today, we may know more about how that went down. The Billionaire Who Controls… Continue reading Chinese Automaker Geely Offered To Buy Fiat Chrysler For $22 Billion: Report

The death of diesel: can struggling industry woo back consumers?

Automotive industry Amid fears about pollution, penalties and bans, buyers are abandoning diesel cars in droves Experts predict diesel’s UK market share will drop from one in two cars sold to one in seven by 2025. Photograph: Martin Meissner/AP No customers were troubling the Jaguar showroom in Welwyn Garden City on Friday, at the start… Continue reading The death of diesel: can struggling industry woo back consumers?

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

The Italian car market falls 1.4% in February, but rises almost 1% in the two months

Posted 02/03/2018 11: 30: 38CET ROME, 2 Mar. (EUROPA PRESS) – Automobile registrations in the Italian market experienced a decline of 1.42% during the month of February, with a volume of 181,734 units, according to data from the National Archive of Vehicles of Italy collected by Europa Press. The best-selling brand in Italy in February… Continue reading The Italian car market falls 1.4% in February, but rises almost 1% in the two months

FCA Canada Reports Record Jeep® Sales

Jeep® brand total sales increased 46 per cent in February 2018 to 6,563, setting a monthly record. Two Jeep products also set monthly sales records in February. Jeep Wrangler posted a 175 per cent increase in February to 2,898. Jeep Grand Cherokee sales were up 10 per cent to 1,337, while Jeep Compass sales soared… Continue reading FCA Canada Reports Record Jeep® Sales

The Stratos is coming back, but don’t call it a Lancia

Yes, the Stratos is being reborn, though nobody at FCA has cared enough about Lancia to do it themselves. Instead, it’s being built by Manifattura Automobili Torino (MAT), the same custom low-volume builder that takes care of the Apollo Arrow and James Glickenhaus’s fabulously crafted SCG003S. And Lancia itself has had nearly eight years to… Continue reading The Stratos is coming back, but don’t call it a Lancia

New V-12 Apollo Intensa Emozione

Supercar start-up Apollo is an Italian based firm backed by Chinese capital investments. The Apollo Company has its evolution roots planted in German automobile manufacturing enterprise Gumpert. Roland Gumpert, the founder of Apollo, once held the position of director of Audi Sport. Under his management, Audi won a total of 25 World Rally Championship races… Continue reading New V-12 Apollo Intensa Emozione