UPDATE 2-Icahn to sell Federal-Mogul to Tenneco for $5.4 bln

(Reuters) – Activist investor Carl Icahn said on Tuesday he was selling auto parts maker Federal-Mogul to Tenneco Inc (TEN.N) in a $5.4 billion deal that will also give him a stake in the company. FILE PHOTO: Billionaire activist investor Carl Icahn gives an interview on FOX Business Network’s Neil Cavuto show in New York… Continue reading UPDATE 2-Icahn to sell Federal-Mogul to Tenneco for $5.4 bln

JAGUAR LAND ROVER REPORTS RISE IN FISCAL YEAR SALES

× {{dictionary[‘Added to your cart’]}} × {{dictionary[‘CART WARNING’]}} {{dictionary[‘Sorry, your cart is currently full. Please remove ‘]}} × {{dictionary[‘Cookie message and title’]}} × Pagination Warning! Sorry, Please add a number less than maximum pages {{dictionary[‘User Licence – pop up text’]}} You have been detected as being located in: {{userLang}} A media site housing news, photo… Continue reading JAGUAR LAND ROVER REPORTS RISE IN FISCAL YEAR SALES

Mercedes EQ S: Mercedes plans luxury electric car

An S class that is not one: Daimler plans one electric car the luxury class that should be equal to the E-Class. The automobile will be the top model of the EQ range and not an electrified version of the existing S-Class. Source: wp, April 9, 2018, 10:13 am Concept EQA from Mercedes (at the… Continue reading Mercedes EQ S: Mercedes plans luxury electric car

Ford And Chevrolet to Discontinue Fiesta, Taurus, Sonic, Impala In The U.S.

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Ford And Chevrolet to Discontinue Fiesta, Taurus, Sonic, Impala In The U.S.

5 Apr 2018, 9:39 UTC · by Mircea Panait
/ Home / News / Industry

Despite the cool-sounding name, the Sonic is one of the most outdated subcompact cars in the segment. And in a similar fashion, the Impala is one of the least interesting options in the full-size sedan segment. Ford also finds itself between a rock and a hard place because U.S. sales of the Fiesta and Taurus are plummeting.
32 photosIn the case of the Sonic and Fiesta, the Wall Street Journal argues that Japanese rivals are more popular with “budget-minded or young customers.” But not even the like of Toyota, Honda, and Nissan can throttle back the demand for crossovers and SUVs, two vehicle segments that happen to be more lucrative than passenger cars.
The Fiesta, as you know from a previous story, has been canceled in the United States with the introduction of the latest generation. To this effect, the EcoSport crossover and Focus will have to suffice as indirect replacements. General Motors, on the other hand, could replace the antiquated Sonic with an all-electric vehicle.
Moving on to the Taurus, the end is nigh as Ford prepares to introduce the CD6 platform on the 2020 Explorer. Developed for front-, rear-, and all-wheel-drive applications, the vehicle architecture will also serve as the basis for the Lincoln Aviator. General Motors, meanwhile, plans to discontinue the Impala “in the next few years.” Not much is known about the successor, but the writing is on the wall.
Here’s Steve Majoros, marketing director for Chevrolet cars and crossovers: “Every car we have in our portfolio plays a role, every car's important and you know the only way we're going to stay the fastest-growing brand is to keep providing the vehicles that people want.” So to speak, make that more crossovers and fewer cars.
Even though we’re scratching the surface here, there’s no denying the Big Three in Detroit could use some consistency in product development and brand recognition. But bear in mind that Toyota, Honda, and Nissan aren’t giving up on sedans and other conventional body styles. With this point made, where will the American automakers find themselves when the crossover and SUV craze will bite the dust?

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Tata Motors in partnership with DRB-HICOM launches three new commercial vehicles in Malaysia

Download press kit 5 April, 2018 Introduces the Tata Super Ace, Tata Ultra 814 and 1014 L-R : Rohime B Shafie, Head of Automotive, DRB-HICOM, Rudrarup Maitra, Head International Business, Commercial Vehicles, Tata Motors, H E Shri Mridul Kumar, High Commissioner of India to Malaysia, YBhg Dato’ Abdul Harith Abdullah, Chief Operating Officer, Automotive Distribution,… Continue reading Tata Motors in partnership with DRB-HICOM launches three new commercial vehicles in Malaysia

Jaguar Land Rover U.S. Assembly Plant Considered, Not Viable Right Now

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Jaguar Land Rover U.S. Assembly Plant Considered, Not Viable Right Now

5 Apr 2018, 6:37 UTC · by Mircea Panait
/ Home / News / Industry

Jaguar, Land Rover, Range Rover. All three are premium brands, and Jaguar Land Rover knows that the vehicles it manufactures are more than aspirational. Be that as it may, the British automaker continues to play second fiddle to the German triad.
21 photosIn the U.S., for example, Jaguar Land Rover managed to sell 114,333 passenger cars, crossovers, and SUVs in 2017. That’s 8.8 percent more than in 2016, but still not enough compared to the German rivals. As highlighted by Wards Auto, “none of Jaguar or Land Rover’s 13 nameplates sold more than 20,000 units in the U.S.”

Alas, the chief executive officer of Jaguar Land Rover can’t make a case for a stateside assembly plant. The volume first has to grow, but that’s not all according to Ralf Speth. “If we have to export out of the U.S. 90% or 95% [of what we build here], then you will recognize it never will work from a financial point of view.”
For reference, the best-selling Jaguar Land Rover nameplate in the United States of America is the Range Rover Sport, racking up 19,153 deliveries in 2017. Volvo, on the other hand, sold 30,996 units of the mid-size XC90 in this SUV-driven market.
Speaking of Volvo, the Swedish manufacturer will open an assembly plant in South Carolina this summer. Here, the all-new S60 will be produced. What this means in the long run is that other SPA-based models can be assembled in the United States.
For the time being, the U.S. plant isn’t on the cards for Jaguar Land Rover, but it’s under consideration for when demand makes the investment feasible. As business stands at the present moment, the British conglomerate has manufacturing facilities in the United Kingdom, China, India, and Brazil.
An all-new facility will open by the end of the year in Nitra, Slovakia. In addition to these locations, the Magna Steyr plant in Graz, Austria is where the E-Pace compact SUV and I-Pace electric SUV are assembled.

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Koenigsegg Agera RS Ends Production, Two Final Edition Models Remaining

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Koenigsegg Agera RS Ends Production, Two Final Edition Models Remaining

5 Apr 2018, 7:15 UTC · by Mircea Panait
/ Home / News / Car Profile

Founded 24 years ago by Christian von Koenigsegg, the Angelholm-based hypercar manufacturer prepares to close another chapter in its tale of ultra-exclusive works of wonder. The Agera RS, introduced at the 2015 Geneva Motor Show, is now out of production. In total, 25 examples of the V8-powered blunderbuss have been made.
13 photos“To those who managed to order one of the 25 cars,” the Swedish automaker would like to “thank you for your trust in our vision and brand” and “congratulate you on your foresight, your acumen, and your truly unique car.” And what a car the Agera RS is, racking up no less than five world speed records in these past three years!
The most important accolade is the world record for the fastest production car ever made, maxing out at 284.5 miles per hour (457.9 km/h) on a closed road in Nevada. After all, what did you expect from a hypercar that develops 1,160 horsepower from the get-go and 1,341 ponies when specified with the 1-megawatt package?
In addition to the extreme performance and out-of-this-world design, the Agera RS happens to be the first Koenigsegg federalized to U.S. motor vehicle standards. Before this turning point in the automaker’s history, Koenigsegg models were imported in the land of God Bless America under the “Show or Display” clause.
“With the RS series complete, the Agera line has two more cars to be built and delivered – two Final Edition vehicles.” The Final Edition premiered two years ago at the Geneva Motor Show, and in total, the production run consists of three examples. Koenigsegg describes these models as “super-bespoke,” which is a bit of an understatement considering that every Koenigsegg is unique in its own right.
Emerged from the shadow of the One:1, the Agera RS rides into the sunset, leaving Koenigsegg to concentrate on the Regera. The plug-in hybrid hypercar is the automaker’s most ambitious project to date, with production limited to 80 units. If you were planning on buying one, tough luck! All of them were sold, with prices starting at €2.1 million a pop.

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Waymo CEO Says Self-Driving Tech Isn’t to Blame for Tesla Death

As controversy swirls around the death of a Model X driver last month, the head of Alphabet Inc.’s self-driving car unit is drawing distinctions between his company’s technology and Tesla Inc.’s Autopilot. Wei Huang, 38, died March 23 when his sport utility vehicle using the driver-assistance system Autopilot collided with a highway barrier in Mountain… Continue reading Waymo CEO Says Self-Driving Tech Isn’t to Blame for Tesla Death

Waymo and Honda reportedly will build a self-driving delivery vehicle together

Waymo has been negotiating a partnership with Honda since late 2016, when the company was still housed within Google. But now those talks are nearing completion, according to Bloomberg. And rather than moving people, as was the focus of Waymo’s deals with Fiat Chrysler and Jaguar Land Rover, the partnership with Honda will focus on… Continue reading Waymo and Honda reportedly will build a self-driving delivery vehicle together

Waymo Isn’t Slowing Down: Pact With Honda Could Include Delivery

Waymo, the self-driving car company started by Google, did nothing after an autonomous vehicle run by Uber  killed a pedestrian in Tempe, Arizona. It didn’t pull back on tests in the nearby suburb of Chandler, where passengers are already taking rides with no one behind the wheel. Its fleets elsewhere didn’t abandon public streets, a precautionary move made by Toyota.  John Krafcik,… Continue reading Waymo Isn’t Slowing Down: Pact With Honda Could Include Delivery