Aston Martin Posts First Profit in Eight Years

Aston Martin Holdings Ltd. is looking for a “big brother” partner in order to survive as a low-volume, luxury carmaker, even after it posted its first profit in eight years and prepares for a potential initial public offering. The manufacturer famous for making film spy James Bond’s favorite car could use a combination of capital… Continue reading Aston Martin Posts First Profit in Eight Years

BMW X4 F26 Production To Stop In March, X4 G02 Incoming

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BMW X4 F26 Production To Stop In March, X4 G02 Incoming

13 Feb 2018, 7:24 UTC · by Mircea Panait
/ Home / News / Car Profile

Following the premiere of the G01 X3, BMW will be refreshing the Sports Activity Coupe equivalent of the compact luxury crossover. G02 is the codename for the second-generation X4, and considering that production of the F26 X4 is ending in March, we’ll soon get to meet the newcomer.
12 photosAlthough not confirmed by BMW, a report from Bimmertoday quotes insider sources that are adamant the F26 story will come to its conclusion next month. The timing is fitting considering that the Spartanburg plant in South Carolina has to upgrade the production line as soon as possible, more so if you bear in mind the G02 will debut for the 2019 model year.
Spied uncamouflaged in M40d xDrive flavor in August 2017 (pictured), then spied some more with various degrees of camouflage, the all-new X4 will be topped by the M. In a similar fashion to the X3 M, the coupe-ified sibling will use the BMW S58 inline-6 engine, sending an estimated 460 horsepower and 600 Nm of to all four wheels through an eight-speed auto.
Customers who don’t want the full-on M treatment can settle for the M40i or M40d, with these babies packing 360 and 320 horsepower, respectively. The torquiest of the lot, of course, is the M40d, which is currently available with anything from 620 to 760 Nm (457 and 561 pound-feet).
Underpinned by the CLAR platform, the G02 will be lighter than the preceding model by up to 55 kilograms (121 pounds). The underpinnings are also crucial to the technological suite of the X4, which will include the latest version of iDrive infotainment (with the 12.5-inch touchscreen), gesture control from the 7 Series and 5 Series, as well as steering and Lane Change Assistant. M Sport suspension system with Dynamic Damper Control, M Sport brakes, and variable sport steering will also be offered.
On that note, could the G02 X4 make its public debut at next month’s Geneva Motor Show?

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Bentley wants its next new car to be fully autonomous

Bentley’s new Bentayga V8 was revealed this week and will start at prices of £136,200 Bentley This week in Austria, Bentley launched its new V8 iteration of its luxury Bentayga SUV. The first Bentayga came off the production line back in 2015, and the company has produced more than 10,000 so far. Considering it takes… Continue reading Bentley wants its next new car to be fully autonomous

Federal Government assumes systematic manipulation at BMW

BMW is suspected of having manipulated the emission control of vehicles – and refers to an erroneously loaded software. Even the long-time loyal federal government does not believe that anymore. The BMW logo is reflected in the façade of the BMW Welt in Munich Monday, 26/02/2018 15:56 clock The excuse of the BMW Group on… Continue reading Federal Government assumes systematic manipulation at BMW

Top Automotive Industry News for Week of February 19 – February 26, 2017

Here is the most important news associated with the automotive industry identified by the SEA for the week February 19, 2018 – February 25, 2018. We hope it helps you stay up to speed on the key developments in our industry: -AEA Membership News- The 2018 NADA AEA Member Reception is coming soon! The next… Continue reading Top Automotive Industry News for Week of February 19 – February 26, 2017

Fiat Announces The Production Of The 500,000th 500L At Kragujevac In Serbia

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Fiat Announces The Production Of The 500,000th 500L At Kragujevac In Serbia

25 Feb 2018, 17:21 UTC · by Mircea Panait
/ Home / News / Car Profile

Introduced at the 2012 Geneva Motor Show with great pomp and circumstance, the 500L is a poor excuse for a multi-purpose vehicle. In addition to the questionable styling and insufficient range of capabilities as a family car, the 500L also happens to be one of the worst cars you can buy right now from the standpoint of reliability.
22 photosIn the United States, for example, the National Highway Traffic Safety Administration recalled the 500L time and again. The automatic transmission, powertrain control module, irregularities in the driver’s knee airbag system, and an improperly folded passenger frontal airbag are just a handful of the issues, but that’s just the tip of the iceberg. Complaints submitted to safecar.gov number in the hundreds, and that’s saying something about how bad of a car the 500L actually is.
Despite all this well-deserved criticism, Fiat gave the 500L a second chance with the 2018 model year. The mid-cycle refresh brags with 40 percent new parts and 1,800 design changes, but only time will tell if these are enough to convince the public into buying the 500L over a sport utility vehicle, minivan, or other MPVs.
The 2018 model year is also marked by the production of the 500,000th example of the 500L, which left the assembly line in Kragujevac, Serbia a few days ago. As per Fiat, “the new record confirms the success enjoyed by the model since its launch in 2012,” butthat choice of words doesn't paint the full picture.
Take the calendar 2017 as a prime example of how the cookie crumbles. With 63,100 sales in Europe, the 500L had lost a staggering 23 percent of sales volume compared to the prior year. The Ford B-Max, which has been discontinued in favor of the EcoSport crossover, gained 7 percent (43,339) during the period. The Hyundai ix20, Opel Meriva, Kia Venga, Citroen C3 Picasso, and Nissan Note are free falling, which is a testament to how irrelevant the MPV has become.
To whom it may concern, the landmark 500L is finished in bi-color Sicilia Orange with a gloss-black roof. The Cross model in question is equipped with the 1.6-liter MultiJet turbo diesel four-cylinder engine, packing 120 PS.

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Volkswagen starts robustly into the current year

It was his first big appearance as Volkswagen boss, and Herbert Diess could present equally good numbers: VW makes a billion plus despite diesel crisis. Although the profit declined, sales increased sharply. New Volkswagen boss Herbert Diess Thursday, 26.04.2018 11:25 clock Volkswagen Revenues fell slightly at the beginning of the year. Operating income shrank by… Continue reading Volkswagen starts robustly into the current year

“Mission E”: This is how Porsche uses the blockchain in the new electric car

It will be for Porsche not easy to transfer the myth of the sports car brand into the digital world. Next year, the Zuffenhausen companies will launch their first electric racer, the “Mission E”. Many of the digital gadgets will be perfected for Mission E until then. Porsche is making considerable efforts for digitization. “We… Continue reading “Mission E”: This is how Porsche uses the blockchain in the new electric car

UPDATE 1-Germany could impose limited diesel car bans in strategy shift

BERLIN (Reuters) – Germany’s government, which has steadfastly opposed barring heavily-polluting diesel cars from cities, is working on changes to allow driving bans on certain routes on an emergency basis, documents seen by Reuters showed. Junior transport minister Norbert Barthle, a conservative, disclosed the shift in a reply to a parliamentary question by the Greens… Continue reading UPDATE 1-Germany could impose limited diesel car bans in strategy shift