The upcoming Aston Martin DBS Superleggera will spawn a convertible version that looks set to become the brand’s fastest drop-top yet. Following the confirmed launch of the coupé in June, the DBS Superleggera Volante, which has just been spotted testing for the first time, will arrive to create a pair of high-performance successors to the current Vanquish and Vanquish Volante. Power will come from… Continue reading 700bhp Aston Martin DBS Superleggera: new pictures of Volante drop-top
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FAURECIA CAPITAL MARKETS DAY 2018 – ACCELERATING TRANSFORMATION TO ENHANCE PROFITABLE GROWTH FOR SUSTAINABLE MOBILITY AND SMART LIFE ON BOARD
At its Capital Markets Day held in Paris on 15 May, Faurecia detailed its 2020 financial targets and its 2025 ambition. 2020 financial targets: sales growth of above 7% per year to exceed €20 billion, operating margin at 8% of sales and net cash flow at 4% of sales 2025 ambition: €30 billion of sales,… Continue reading FAURECIA CAPITAL MARKETS DAY 2018 – ACCELERATING TRANSFORMATION TO ENHANCE PROFITABLE GROWTH FOR SUSTAINABLE MOBILITY AND SMART LIFE ON BOARD
DENSO Releases New Safety Monitor to Reduce Accidents Involving Commercial Vehicles
KARIYA (Japan) ― DENSO Corporation, one of the world’s largest automotive suppliers, today announced it has released a retrofittable driver status monitor to help reduce the number of traffic accidents involving commercial vehicles, such as trucks and buses. The safety product checks for distractions, drowsiness, sleep, and inappropriate posture based on the driver’s facial image,… Continue reading DENSO Releases New Safety Monitor to Reduce Accidents Involving Commercial Vehicles
BMW 8 Series shown alongside M8 GTE ahead of debut
The BMW 8 Series has been shown undisguised in a murky preview shot, a month ahead of its official reveal at the 24 Hours of Le Mans on 15 June. The image shows the car alongside its race-going M8 GTE sibling, which will be competing in the event. Most recently revealed amongst th 8 Series’ innovations is a digital instrument cluster as part… Continue reading BMW 8 Series shown alongside M8 GTE ahead of debut
Nissan reports full-year results for fiscal year 2017
YOKOHAMA, Japan (May 14, 2018) – Nissan Motor Co., Ltd. today announced financial results for the 12-month period to March 31, 2018. For the first nine months of the fiscal year, the company faced significant costs associated with special items, inventory adjustments and negative pricing trends; however, a partial recovery was achieved due to solid… Continue reading Nissan reports full-year results for fiscal year 2017
Alfa Romeo to bolster SUV range with performance hybrids and larger model
Alfa Romeo is expected to announce a new range of performance hybrid models, as well as a new large SUV, in June. The plans will be announced at Fiat Chrysler Automobiles’ Balocco test track by Sergio Marchionne, 14 years to the day after he became FCA’s boss. Alfa Romeo Giulia coupe to pack 641bhp with… Continue reading Alfa Romeo to bolster SUV range with performance hybrids and larger model
Singapore auto marketplace Carro closes $60m Series B led by SoftBank Korea, others
May 14, 2018 Singapore’s online automotive marketplace Carro on Monday announced that it has secured a series B funding of $60 million in a round led by Softbank Ventures Korea, Insignia Ventures Partners and B Capital Group. The deal was also participated by the family office of Manik Arora (Founder of IDG Ventures India), while existing… Continue reading Singapore auto marketplace Carro closes $60m Series B led by SoftBank Korea, others
Samsung: how it plans to develop world-leading autonomous car tech
The rise of cars with self-driving capabilities has created numerous opportunities for technology firms to break into the automotive industry. Now the world’s biggest smartphone producer has bet more than half a billion US dollars that it can become a market leader in autonomous vehicles – and we’re not talking about Apple. The firm in… Continue reading Samsung: how it plans to develop world-leading autonomous car tech
UPDATE 2-Chinese owner eyes Volvo Cars IPO, picks banks – source
NEW YORK/STOCKHOLM/BEIJING (Reuters) – The Chinese owner of Volvo Cars has hired three investment banks for an initial public offering (IPO) this year that could value the Swedish carmaker in a broad range of $16 billion to $30 billion, a person familiar with the matter said on Thursday. FILE PHOTO: The Volvo logo is seen… Continue reading UPDATE 2-Chinese owner eyes Volvo Cars IPO, picks banks – source
Bentley Flying Spur PHEV to use Panamera hybrid powertrain
Bentley will equip its first plug-in hybrid Flying Spur with the electrified powertrain of the Porsche Panamera 4 E-Hybrid. Insurance database information shows that a recently spotted development car, caught on camera in London by Autocar reader Chris Thomson, is using the 2.9-litre V6 engine that’s also used by the Porsche saloon, rather than the 3.0-litre unit… Continue reading Bentley Flying Spur PHEV to use Panamera hybrid powertrain