* KOSPI weakens marginally, won reverses earlier losses * N.Korea-exposed shares fall, some heavyweights rise * Investors hopeful of an eventual summit – analyst (Updates with closing figures) SEOUL, May 25 (Reuters) – South Korean shares ended slightly lower and the won pared earlier losses to end higher on Friday, reacting calmly to President Donald… Continue reading S.Korea stocks, won shrug off cancellation of Trump-Kim summit
Tag: Possible_Motorsport
GM, Ford rally after tariff warning
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Citroen C5 Aircross SUV launched in Europe
Citroën has officially launched the C5 Aircross in Europe, bringing a firm focus on in-car comfort to the compact five-seat SUV segment. One year after a China-specific model made its debut at the Shanghai motor show, Citroën has now repackaged the C5 Aircross to appeal to European customers. It is set to rival the Nissan Qashqai and… Continue reading Citroen C5 Aircross SUV launched in Europe
Australia can be competitive car manufacturer again, says UK industrialist
Business (Australia) Producing cheaper, lighter electric cars is key, says Sanjeev Gupta whose company bought South Australia Whyalla steelworks Sign up to receive the top stories in Australia every day at noon British Industrialist Sanjeev Gupta says his company will in the next two or three years have an electric car in production in Australia.… Continue reading Australia can be competitive car manufacturer again, says UK industrialist
Canadian entrepreneur buys 10% of McLaren Group for almost £204m
Michael Latifi, a Canadian businessman, has become McLaren Group’s third-largest shareholder, investing almost £204 million in return for a 10% stake. Latifi’s company Nidala Limited now owns one tenth of McLaren Automotive, McLaren Racing and McLaren Applied Technologies, with the only larger shareholders being the Bahrain Mumtalakat Holding Company and Mansour Ojjeh’s TAG Group. McLaren… Continue reading Canadian entrepreneur buys 10% of McLaren Group for almost £204m
Prodrive: how it went from building rally cars to hybrid transit vans
“I’ve always looked at ambulances as heavy, old technology. How do you bring them into the modern era? That’s what we’re working on next.” David Richards, the boss of the Prodrive race team and engineering company he set up in 1984, is nothing if not diverse in his business. While closely associated with high-profile World… Continue reading Prodrive: how it went from building rally cars to hybrid transit vans
Aston Martin hires former Bugatti exterior designer amid performance boost plans
Aston Martin’s shift towards becoming a brand of higher-performance models has taken another step forward with its hiring of former Bugatti employee Tobias Sühlmann as exterior design boss. Sühlmann, who has worked for Mercedes, the PSA Group and Volkswagen before moving to hypercar-maker Bugatti as its exterior creative development boss, arrives at a time Aston… Continue reading Aston Martin hires former Bugatti exterior designer amid performance boost plans
Aston Martin Valkyrie to use more advanced materials than F1
Aston Martin‘s Adrian Newey-inspired hypercar, the Valkyrie, is so extreme that it uses materials and parts not even Red Bull Racing, who is co-developing the car, features on its Formula 1 racers. Autocar has learned that with no regulations to restrict development, several components and materials used on the £2.5 million hypercar are of far higher performance than those used on the latest… Continue reading Aston Martin Valkyrie to use more advanced materials than F1
First Bloodhound SSC speed record attempt confirmed for 2019
The Bloodhound SSC – the British 1000mph Eurofighter-jet-powered land speed record challenger – looks set to make its first record attempt at the end of 2019 despite major setbacks to funding. Thanks to a shift in plans, the Bloodhound team, which recently lost composites suppliers that have fallen into receivership, is scheduled to make its first high-speed runs on South Africa’s Northern… Continue reading First Bloodhound SSC speed record attempt confirmed for 2019
McLaren Automotive unleashes the ‘Ultimate Series’ of mobile apps
15 May 2018 New McLaren Automotive app for smart phones now available The handiest way yet to learn about, share in and become part of the exciting world of McLaren Automotive News, videos, owners’ handbooks – plus booking of McLaren events Now you can take your McLaren with you everywhere thanks to the brand’s new automotive mobile… Continue reading McLaren Automotive unleashes the ‘Ultimate Series’ of mobile apps