Brussels, 7 January 2020 – The European Automobile Manufacturers’ Association (ACEA) kicks off the new year with Ferrari becoming its newest member company. ACEA is the advocate for the automobile industry in Europe, representing manufacturers of passenger cars, vans, trucks and buses with production sites in the EU. With the addition of the Italian luxury… Continue reading Press Releases – Ferrari joins ACEA
Tag: VW
Carmaker Bentley returns to profitability as sales rise in 2019
LONDON, Jan 7 (Reuters) – British luxury carmaker Bentley returned to profitability in 2019, helped by a 5% sales increase after a strong performance in Europe and the Americas, the Volkswagen-owned brand said on Tuesday.
Sales reached 11,006 vehicles last year, boosted by the new Continental GT Convertible model and a series of derivatives and limited edition models.
“This result secures Bentley's return to profitability, demonstrates the successful implementation of our turnaround, and sends a clear signal for the potential of Bentley for 2020,” said Chief Executive Adrian Hallmark.
The firm did not disclose its profit figure for the year but in the first nine months of 2019, operating profit stood at 65 million euros ($73 million), according to previously released figures from Volkswagen.
In 2018, the marque reported a loss of 288 million euros due to delays in the start of the Continental GT model and the effect of exchange rates.
Sales in China fell by just over 12% to 1,940 ..
German carmakers eye Brandenburg after Tesla expansion push
FILE PHOTO: A Tesla logo is seen in Los Angeles, California U.S. January 12, 2018. REUTERS/Lucy Nicholson/File Photo BERLIN (Reuters) – The German state of Brandenburg has received a flurry of inquiries from German carmakers after electric car start-up Tesla (TSLA.O) opted to build its European factory there, Brandenburg’s Economy Minister Joerg Steinbach told Reuters.… Continue reading German carmakers eye Brandenburg after Tesla expansion push
Volvo aims to sell 12,000 vehicles in S. Korea this year
Volvo Cars Korea said Tuesday it aims to sell 12,000 vehicles this year on higher demand for its SUVs.Volvo had a stellar performance compared with its bigger rivals, including BMW, Volkswagen and Toyota Motors Corp..
Carmaker Rolls-Royce annual sales surge 25%
The “Spirit of Ecstasy” bonnet ornament is seen on a Rolls Royce car during the Prague Autoshow in Prague, Czech Republic, April 13, 2019. REUTERS/David W Cerny (Reuters) – Luxury carmaker Rolls-Royce said on Tuesday it recorded a 25% jump in sales in 2019, underpinned by solid demand for its first-ever SUV, Cullinan, just a… Continue reading Carmaker Rolls-Royce annual sales surge 25%
Uber partners with Hyundai on electric air taxi
SEOUL (Reuters) – U.S. ride-hailing company Uber Technologies Inc (UBER.N) and South Korean automaker Hyundai Motor (005380.KS) have teamed up to develop electric air taxis, joining the global race to make small self-flying cars to ease urban congestion. FILE PHOTO: The logo of Hyundai Motor is pictured at the second media day for the Shanghai… Continue reading Uber partners with Hyundai on electric air taxi
Audi’s ‘empathetic’ AI:Me is about relaxing while commuting
Sponsored Links Commuting is the worst part of driving. It’s a stress-inducing piece of hell that many of us endure on a daily basis. Audi aims to eliminate that stress with a tiny self-driving car that takes you on a virtual journey while you’re sitting in gridlock. Gallery: Audi AI:Me Concept Car | 12 Photos… Continue reading Audi’s ‘empathetic’ AI:Me is about relaxing while commuting
@VW Group: Mobility goes smart and individual: Audi at CES 2020
At the 2020 Consumer Electronics Show (CES), Audi will once again display exciting exhibits – from futuristic vision vehicles to technologies ready for series production. In doing so, the premium brand is defining the digital experience of the future. CES is one of the world’s biggest specialized fairs for consumer electronics and is considered to… Continue reading @VW Group: Mobility goes smart and individual: Audi at CES 2020
Panasonic and Klipsch Announce Collaboration to Bring Audiophile-Quality, High Performance Audio into Your Car
The collaboration with Panasonic marks Klipsch’s entry into the automotive audio industry. The Indianapolis-based company has been providing high-performance speakers, headphones, sound systems and other entertainment products in the United States for more than 70 years. Panasonic is the leading supplier of automotive infotainment and connectivity solutions. “Over my 26 years with Klipsch, I have… Continue reading Panasonic and Klipsch Announce Collaboration to Bring Audiophile-Quality, High Performance Audio into Your Car
Tesla Model Y Out Testing In Preparation For Upcoming Delivery Launch
The Tesla Model Y has been seen out testing in various locations as of late. It’s clear that Tesla plans to sell its upcoming, smaller three-row SUV in volume across the globe, despite naysayers stating otherwise. In fact, Tesla has already officially announced it will be built and delivered in the U.S., China, and Europe. Tesla… Continue reading Tesla Model Y Out Testing In Preparation For Upcoming Delivery Launch