Vertu Motors declared an intention to add new manufacturer partners as it grows through acquisition in a 2019 results statement following its first two days of showroom trading since the COVID-19 lockdown. Group chief executive, Robert Forrester, told AM “there’s no point being pessimistic” as he discussed the results of the group’s financial year to… Continue reading Vertu Motors announces acquisition intention in 2019 financial results
Tag: VW
New Aston Martin CEO Calls Himself A “Strategist”, Aims To Replicate Mercedes-AMG Success – CarScoops
Soon-to-be former Mercedes-AMG boss Tobias Moers has managed to quadruple vehicle sales for Daimler’s performance division to a record 132,136 units last year, while also expanding the product line. Come August, he will take over for Andy Palmer as Aston Martin CEO and will look to reverse the fortunes of a cash-strapped carmaker that’s bet… Continue reading New Aston Martin CEO Calls Himself A “Strategist”, Aims To Replicate Mercedes-AMG Success – CarScoops
@VW Group: Initial facts about the new Arteon(((The vehicle is a near-production concept car.))): ||preview to the virtual world première on June 24th
The Arteon is Volkswagen’s Gran Turismo – avant-garde, full of energy and efficient. Volkswagen is now giving a first preview towards the new Arteon. Alongside the classic Gran Turismo, a second product line variant will also be available in future as a Shooting Brake. This model is both dynamic and elegant, and impresses with the… Continue reading @VW Group: Initial facts about the new Arteon(((The vehicle is a near-production concept car.))): ||preview to the virtual world première on June 24th
Lancia Delta Integrale Will Start E-Retrofit Premium Series And Become An EV
While some car collectors are at ease in turning their classic vehicles into EVs, others classify that as heresy. The former often use these machines as daily drivers, and they do not want to give them up due to traffic restrictions such as the ones that London or Paris already have in place. These are… Continue reading Lancia Delta Integrale Will Start E-Retrofit Premium Series And Become An EV
@BMW: The all-new BMW 4 Series Coupé.
The new BMW 4 Series Coupé is ready for launch. The latest generation of the sporty two-seater for the premium midsize segment underscores its distinctive character profile with both a vehicle concept focused squarely on delivering dynamic driving pleasure and the clear differentiation of the coupé from the new BMW 3 Series. This is the next chapter… Continue reading @BMW: The all-new BMW 4 Series Coupé.
Mitsubishi Corporation and NTT complete acquisition of 30% stake in HERE Technologies
June 2, 2020Amsterdam and Tokyo – HERE Technologies today announced that Mitsubishi Corporation (MC) and Nippon Telegraph and Telephone Corporation (NTT) of Japan have completed their joint acquisition of a 30% ownership stake in the company, after receiving regulatory approvals.HERE welcomes MC and NTT as strategic investors. The two companies have co-invested in HERE via… Continue reading Mitsubishi Corporation and NTT complete acquisition of 30% stake in HERE Technologies
Volkswagen to install Porsche’s CEO as VW brand chief: Auto Motor and Sport
Porsche AG CEO Oliver Blume and German Chancellor Angela Merkel speak next to Porsche Taycan Turbo S at the international Frankfurt Motor Show IAA in Frankfurt, Germany September 12, 2019. REUTERS/Ralph Orlowski FRANKFURT (Reuters) – Volkswagen (VOWG_p.DE) Chief Executive (CEO) Herbert Diess will promote Porsche CEO Oliver Blume to become head of the VW brand… Continue reading Volkswagen to install Porsche’s CEO as VW brand chief: Auto Motor and Sport
Essex car showroom busy as dealerships reopen in England
Sajul Islam has had his eye on a new seven-seater Volkswagen Tiguan Allspace throughout the coronavirus lockdown, and he took his chance on Monday as car dealerships across England opened their doors for the first time in more than 2 months. “I’ve been waiting for weeks for this showroom to open up again,” Islam said,… Continue reading Essex car showroom busy as dealerships reopen in England
Car maker: puzzles about rapid price increase at Daimler
Daimler shines again The share of the car group is on the upswing. (Photo: AP) Beijing, Munich The automaker’s share Daimler is currently in high demandt. Since mid-May, paper has skyrocketed by more than 30 percent. On Tuesday alone, the increase was now almost nine percent. There is a lot of speculation in the market… Continue reading Car maker: puzzles about rapid price increase at Daimler
UPDATE 1-China auto sales growth seen for 2nd straight month, boosting recovery hopes
Newly manufactured cars are seen at a port in Dalian, Liaoning province, China April 10, 2020. China Daily via REUTERS BEIJING (Reuters) – China’s vehicle sales are estimated to rise 11.7% on year in May, its top auto industry body said on Tuesday, cementing hopes of a recovery in the world’s biggest auto market with… Continue reading UPDATE 1-China auto sales growth seen for 2nd straight month, boosting recovery hopes