Media playback is unsupported on your device Uncertainty about the future of diesel is threatening the UK car industry and leaving drivers in limbo, according to Ford’s UK boss. Andy Barratt said consumers were buying fewer diesel cars, fearing they were polluting and will face new taxes. However, he claimed new diesels were “every bit… Continue reading End doubts over diesel’s future, says Ford boss
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Top Automotive Industry News for Week of April 23 – April 29, 2018
Here is the most important news associated with the automotive industry identified by the AEA for the week April 23, 2018 – April 29, 2018. We hope it helps you stay up to speed on the key developments in our industry: -Automotive Manufacturing News- 6 Reasons Ford CEO Jim Hackett Decided To Deep-Six Its Sedans… Continue reading Top Automotive Industry News for Week of April 23 – April 29, 2018
After death of Ford Taurus, Fusion, Fiesta, will Ford fans buy a Chevy?
CLOSE Ford Motor Company announced that it will discontinue the Fiesta subcompact car, the Fusion mid-size sedan and the Taurus full-size car in the U.S. USA TODAY A 2012 Ford Taurus. (Photo: FORD) Ford families drive Fords. Chevrolet families drive Chevys. And they often refuse to switch. Ford’s decision to cut nearly its entire car… Continue reading After death of Ford Taurus, Fusion, Fiesta, will Ford fans buy a Chevy?
Ford Torrence Plant To Stop Making Cars, Focus On SUVs
CHICAGO (CBS/AP) — After a more than 30 year run, the Ford Motor Co. plant on the city’s Southeast Side will stop making the Ford Taurus in 2019, and instead focus on pricier SUVs, the company announced. The Details: The Taurus, first produced in 1986, was once the top-selling car in the U.S. Production will… Continue reading Ford Torrence Plant To Stop Making Cars, Focus On SUVs
Vauxhall Corsa diesel axed due to low demand
The Vauxhall Corsa will no longer be offered with a diesel engine because the variant represented just 2.5% of the model’s sales. Corsas powered by the 1.3 CDTi engine were particularly unpopular with retail buyers, who account for the majority of the hatchback’s customers. In 2017, just 0.5% of Corsa retail purchases were of the diesel. This fits… Continue reading Vauxhall Corsa diesel axed due to low demand
Geely’s Volvo Cars posts 3.6 percent profit rise in the first quarter
STOCKHOLM (Reuters) – Geely-owned automaker Volvo Car Group reported a rise in quarterly operating earnings on Friday, on growth in the Chinese and U.S. markets and forecast higher sales, but also steeper spending, in the year ahead. The logo of Volvo is seen on the front grill of a Volvo XC40 SUV displayed at a… Continue reading Geely’s Volvo Cars posts 3.6 percent profit rise in the first quarter
Bollinger to Bring Its B1 All-Electric Sport Utility Truck to Production in 2019
Over 12,000 people have already preordered the truck. via Bollinger Bollinger Motors has been one of the most interesting players in the electrification market since it first announced the all-electric B1. Without taking the flashy approach that many modern manufacturers are going with their iterations of EVs, Bollinger was able to produce a functional and… Continue reading Bollinger to Bring Its B1 All-Electric Sport Utility Truck to Production in 2019
Lotus SUV will put brand in ‘more luxury’ market
The forthcoming Lotus SUV is set to position the Norfolk-based sports car brand as a more luxury car maker than previously – and could be the first in a series of crossover machines from the firm. The project was one of the first signed off by Chinese company Geely after it bought the British firm last year. As previously revealed by… Continue reading Lotus SUV will put brand in ‘more luxury’ market
Fiat Chrysler Automobiles on course to cancel debt this year
Industry by Sam Sheehan, Autocar UK Apr 27, 2018 The Alfa Romeo Stelvio is one of FCA’s best-selling cars Fiat Chrysler Automobiles could clear all debts this year if its efficiency-boosting measures continue to have the same effect. The Italian-American carmaker announced in its first-quarter financial report that it had reduced current debt to €1.3 billion (£1.1bn) (Rs… Continue reading Fiat Chrysler Automobiles on course to cancel debt this year
Volvo Cars’ first quarter 2018 operating profit rises 3.6 per cent to SEK 3,616 million
Volvo Cars’ first quarter 2018 operating profit rises 3.6 per cent to SEK 3,616 million Volvo Cars, the premium car maker, today reports its financial result for the first quarter of 2018. Highlights from the financial report include the following: First quarter: Operating profit of MSEK 3,616, an increase of 3.6 per cent… Continue reading Volvo Cars’ first quarter 2018 operating profit rises 3.6 per cent to SEK 3,616 million