Tag: VW

Audi’s new Q4 e-tron concept is a compact electric crossover with 280 miles of range

Audi today provided an advanced look at what will be its fifth production electric vehicle, a compact crossover concept that is expected to come to market at the end of 2020. The all-electric Q4 e-tron SUV concept, which was revealed at the Geneva International Motor Show, is equipped with dual motors with a power output… Continue reading Audi’s new Q4 e-tron concept is a compact electric crossover with 280 miles of range

Investindustrial Acquires Majority Stake In Morgan Motor Company

5th March 2019 – Investindustrial has today announced the acquisition of a majority stake in Morgan Motor Company Ltd (“Morgan”), the iconic 110-year old British sports cars manufacturer. Terms of the transaction were not disclosed, and it is expected to complete in April 2019. The Morgan family will continue to act as stewards for the… Continue reading Investindustrial Acquires Majority Stake In Morgan Motor Company

VW says driverless vehicles have limited appeal and high cost

GENEVA, March 5 (Reuters) – Fully autonomous vehicles will take at least another five years to perfect, with the cost and complexity of rolling out the technology globally serving to undermine the business case, Volkswagen’s head of commercial vehicles said. Autonomous cars require high-tech infrastructure, hugely expensive lidar and radar systems, as well as pricey… Continue reading VW says driverless vehicles have limited appeal and high cost

Kia demonstrates electrification leadership with Geneva debuts for e-Soul, upgraded Niro, and ‘Imagine by Kia’ concept

The ‘Imagine by Kia’ concept, revealed for the first time today in Geneva, has been designed at the company’s European design centre in Frankfurt. Gregory Guillaume, Vice President of Design for Kia Motors Europe, comments: “We imagined designing an all-electric car that not only answered consumer concerns around range, performance, recharging networks and driving dynamism,… Continue reading Kia demonstrates electrification leadership with Geneva debuts for e-Soul, upgraded Niro, and ‘Imagine by Kia’ concept

Ford considers closing two Russian plants: sources

MOSCOW (Reuters) – Ford Motor Co is considering closing two plants in Russia as part of its global plan to restructure operations in unprofitable regions, three industry sources told Reuters. FILE PHOTO: A man walks past Ford cars at a showroom in Moscow, Russia, December 4, 2015. REUTERS/Maxim Zmeyev If the closures go ahead, Ford… Continue reading Ford considers closing two Russian plants: sources

UPDATE 1-Ford considers closing two Russian plants -sources

MOSCOW (Reuters) – Ford Motor Co is considering closing two plants in Russia as part of its global plan to restructure operations in unprofitable regions, three industry sources told Reuters. FILE PHOTO: A man walks past Ford cars at a showroom in Moscow, Russia, December 4, 2015. REUTERS/Maxim Zmeyev If the closures go ahead, Ford… Continue reading UPDATE 1-Ford considers closing two Russian plants -sources