Vertu Motors completes £4m Vantage Kia and Honda acquisitions

Vertu Motors completed the £4 million acquisition of the Kia Bradford and Honda Bradford business from the Vantage Motor Group. Coming less than three months after Vantage was acquired in a management buy-out, the transaction will bring Vertu’s number of outlets in Yorkshire to 18. Robert Forrester, chief executive of Vertu Motors plc, said: “I… Continue reading Vertu Motors completes £4m Vantage Kia and Honda acquisitions

Autonomous vehicles: Waymo raises $ 2.25 billion from outside investors

Waymo wants to move up a gear. The Alphabet subsidiary specializing in driverless cars announces, on Tuesday, a colossal round of funding of $ 2.25 billion. Carried out for the first time with external investors, this fundraising aims to allow the company to expand on a global scale. The private equity firm Silver Lake, the… Continue reading Autonomous vehicles: Waymo raises $ 2.25 billion from outside investors

@Tata-JLR: PREMIUM ALL-ELECTRIC CHAUFFEUR SERVICE LAUNCHES IN LONDON

*https://www.telegraph.co.uk/business/ready-and-enabled/sustainability/increasing-spend/ For more information about Destination Zero please visit www.jaguarlandrover.com/2019/destination-zero About InMotion At InMotion, we are investing in the future of transport, mobility and travel. Powered by Jaguar Land Rover, we are supporting entrepreneurs and innovators who change the way we move. InMotion Ventures is Jaguar Land Rover’s venture capital fund. We invest in early-stage… Continue reading @Tata-JLR: PREMIUM ALL-ELECTRIC CHAUFFEUR SERVICE LAUNCHES IN LONDON

@Tata: Tata Motors registered domestic sales of 38,002 units in February 2020

1 March, 2020 Retail sales focus continues; Ready for BSVI transition; Efforts underway to mitigate COVID-19 impact Tata Motors Limited today announced its sales in the domestic & international market, for the month of February 2020, which stood at 40,634 vehicles, compared to 60,151 units during February 2019. Domestic Sales Performance: Feb ’20 Feb ’19… Continue reading @Tata: Tata Motors registered domestic sales of 38,002 units in February 2020

Tata Motors to exit car retail business Concorde Motors

Tata Motors Ltd (TML) is gradually exiting its passenger car retail business–Concorde Motors India Ltd–as part of its strategy to pare costs by moving out of non-core assets and businesses to navigate through the economic downturn in the country. Concorde Motors, which has been a 100% subsidiary of Tata Motors since 3 July, 1999, reported… Continue reading Tata Motors to exit car retail business Concorde Motors

Lister Storm II Will Have Electric Motor Instead Of V12 Engine – Somag News

Lister Storm II, where we saw its magnificent drawings two years ago, would normally come up with a giant V12 engine, but the new share of the company CEO indicates that the vehicle’s engine will be electric. “Will there be a sports car from electric vehicles?” Another answer came to the discussion today. The answer… Continue reading Lister Storm II Will Have Electric Motor Instead Of V12 Engine – Somag News

Tata Motors, two group finance firms accused of antitrust violations in India: sources

NEW DELHI (Reuters) – India’s competition regulator is examining allegations that Tata Motors and two finance firms of its $100 billion parent group abused their market position while selling commercial vehicles, according to three sources and legal documents seen by Reuters. FILE PHOTO: A Tata Motors logo is pictured outside the company showroom in Mumbai,… Continue reading Tata Motors, two group finance firms accused of antitrust violations in India: sources

@Tata-JLR: NEW LAND ROVER DEFENDER 90 GOES ON SALE FOLLOWING UNPRECEDENTED DEMAND FOR DEFENDER 110

Orders open: With Land Rover experiencing unprecedented demand for Defender 110, order books open for the Defender 90 Unstoppable capability: Short wheelbase and minimal overhangs result in excellent off-road geometry, making New Defender 90 the most capable Land Rover ever made Six-seat practicality: Thanks to innovative front central jump seat, New Defender 90 has room… Continue reading @Tata-JLR: NEW LAND ROVER DEFENDER 90 GOES ON SALE FOLLOWING UNPRECEDENTED DEMAND FOR DEFENDER 110