Directed share issue related to reward payment of Valmet’s long-term share-based incentive plan

Directed share issue related to reward payment of Valmet’s long-term share-based incentive plan Valmet Oyj’s stock exchange release on March 15, 2019 at 4:00 p.m. EET Valmet’s Board of Directors decided on December 20, 2018 on a directed share issue related to the reward payment of Valmet’s long-term share-based incentive plan for the discretionary period… Continue reading Directed share issue related to reward payment of Valmet’s long-term share-based incentive plan

VinFast Completes The First Trial Production Of Lux SUV – Viet Nam News

VIETNAM, HANOI – Media OutReach – 11 March 2019 – On March 6 in the northern city of Hải Phòng, the first VinFast Lux SA2.0 car rolled off the assembly line, marking the success of the “made in Vietnam” commercial automobile production test. The Lux SA2.0 vehicle has a beautiful design and powerful performance. It is… Continue reading VinFast Completes The First Trial Production Of Lux SUV – Viet Nam News

Rybrook buys JLR dealerships in Stoke from Pendragon

Warwick-based Rybrook Group is representing Jaguar and Land Rover in Stoke following the completion of its acquisition of the businesses from Pendragon for an undisclosed sum. The businesses is trading as Rybrook Land Rover Stoke and Rybrook Jaguar Stoke. These new additions increase the Warwick-based Group’s dealerships to 25. Rybrook already has Jaguar and Land… Continue reading Rybrook buys JLR dealerships in Stoke from Pendragon

Pininfarina Battista: The most powerful road car ever (and it’s electric!)

“ The Pininfarina Battista is reportedly the most powerful road-legal car ever to be built, with a 0-100 km/h in under two seconds, and 0-300km/h in under 12. More importantly though, it is electric. Designed and built in Italy, the Pininfarina Battista was unveiled at the Geneva International Motor Show in Switzerland, which got underway… Continue reading Pininfarina Battista: The most powerful road car ever (and it’s electric!)

Rybrook Group acquires JLR Stoke from Pendragon

Rybrook Group has completed its acquisition of the Jaguar Land Rover (JLR) franchised car dealership from Pendragon Premier Limited. Completed for an undisclosed sum on February 28, the deal has seen the facility integrated within Rybrook Cars Limited and lose its previous Stratstone branding in favour of Rybrook Land Rover Stoke and Rybrook Jaguar Stoke. … Continue reading Rybrook Group acquires JLR Stoke from Pendragon

Karma Automotive continues clawing back from the brink with three new cars – Brinkwire

Boutique automaker Karma Automotive claims to be looking toward the future, but right now it’s stuck in the past. The only car Karma sells is the Revero, which dates back to the company’s previous incarnation as Fisker Automotive. As part of its resurgence, Karma will debut not one, but three new cars at the 2019… Continue reading Karma Automotive continues clawing back from the brink with three new cars – Brinkwire

BMW may shift all Mini production to Limburg in case of no-deal Brexit

Minis being assembled in Born. Photo: Roger Dohmen via HH
The VDL Nedcar car plant in Born, Limburg, is not commenting on reports that BMW could shift all its Mini production to the Netherlands in the event of a hard Brexit, the Telegraaf said on Wednesday.
A spokesman told the paper that he could not comment on BMW’s position because of the uncertainties surrounding any move.
However, the Telegraaf said, the family-owned firm have bought a 38 hectare site in Limburg which it plans to use to expand production in Born.

BMW’s corporate communications director Graham Biggs told the Oxford Mail on Tuesday that in the event of a no-deal Brexit, ‘some or all of the production of the Mini could be moved to Holland where we have a plant.’
‘We need frictionless trade and a no-deal Brexit will not give us that from what we can see,’ he said.
VDL Nedcar is the only independent car manufacturer in the Netherlands and has been building four models for BMW since mid 2014.

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Purely electric vehicle platform in long term, EV based on Ford platform on anvil: M&M

When asked about overall new product pipeline, Goenka said in the recent past the company has done three launches of Marazzo, Alturas G4 and XUV 300. Mahindra & Mahindra (M&M) foresees developing electric vehicle (EV) only platforms in the long term although it will continue to leverage on its internal combustion engine vehicle platforms to… Continue reading Purely electric vehicle platform in long term, EV based on Ford platform on anvil: M&M

Fleets are the way towards popularisation of electric vehicles: Anand Mahindra

By Munish Shekhavat Geneva: For Mahindra group, from whose stable electric luxury supercar Battista is being rolled out, the path to mass adoption of electric vehicles will be through fleet such as Ola, according to the group’s Chairman Anand Mahindra. At present electric vehicles (EVs) are out of reach of price sensitive buyers, specially in… Continue reading Fleets are the way towards popularisation of electric vehicles: Anand Mahindra