News Release – Geneva Motor Show: Magna Offers Unique Expertise in Complete Vehicle Manufacturing

Please click HERE for a PDF version of the release. Magna’s exhibit located in Hall 6, Booth 6261 Only contract manufacturer to produce vehicles with different powertrains on a single production line Networked smart factory provides efficient and competitive operations SAILAUF, Germany, Feb. 26, 2018 (GLOBE NEWSWIRE) — Magna International helps shape future mobility across… Continue reading News Release – Geneva Motor Show: Magna Offers Unique Expertise in Complete Vehicle Manufacturing

Lister Storm II Supercar Previewed In Promising Official Render

Estimated to boast 1,000 horsepower from a Jaguar-derived supercharged 7.8-liter V12 engine. It looks like the 1993 Lister Storm is getting a part deux as the Cambridge-based niche marque has teased a new supercar that will carry the famous moniker used briefly in the 1990s on a Jaguar-powered performance car. The company’s boss Lawrence Whittaker… Continue reading Lister Storm II Supercar Previewed In Promising Official Render

New 2018 Jaguar I-Pace: new teaser pic ahead of full reveal this week

The new Jaguar I-Pace electric SUV will be unveiled via a digital event on Thursday, the British manufacturer has announced.  A short release from the company confirmed that the reveal of its first pure-electric vehicle – which is expected to stick pretty close to the concept originally shown at the LA Motor Show in 2016 – will be… Continue reading New 2018 Jaguar I-Pace: new teaser pic ahead of full reveal this week

FRONT-ROW SEATS AT GLOBAL PREMIERE OF ALL-ELECTRIC JAGUAR I-PACE

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Ford shifts more execs as demand for a plan grows

Kumar Galhotra (Photo: Ford Motor Co.) The latest executive shift within Ford Motor Co. came Thursday as industry experts and Wall Street wait for the Blue Oval to prove it has a plan to drive growth and fund an uncertain future — and whether the right team is in place to execute that plan. Ford… Continue reading Ford shifts more execs as demand for a plan grows

Press Release – Magna Announces Fourth Quarter and 2017 Results and Raises Quarterly Cash Dividend by 20%

Please click HERE for a PDF version of the release. Fourth Quarter 2017 Highlights Record sales of $10.4 billion, up 12% from the fourth quarter of 2016 Record diluted earnings per share of $1.53, an increase of 23% Cash from operations of $1.4 billion Returned $461 million to shareholders through share repurchases and dividends Raises… Continue reading Press Release – Magna Announces Fourth Quarter and 2017 Results and Raises Quarterly Cash Dividend by 20%

India: Tata said to be mulling sale of auto components unit

February 22, 2018 Tata group is planning to sell its automotive parts manufacturing company Tata AutoComp Systems Ltd (TACO), two people aware of the matter said. The group is currently in talks to hire an investment bank to manage the sale, the first of the two said on condition of anonymity. The sale process is… Continue reading India: Tata said to be mulling sale of auto components unit

New Range Rover Evoque hybrid on the way

The new second-generation Range Rover Evoque will feature hybrid technology, Auto Express can confirm. The new model was caught testing by an eagle-eyed reader in Spain, and the registration reveals it to be a 2.0-litre car with a hybrid electric fuel type. Although a Land Rover spokesman refused to comment, Auto Express understands that the… Continue reading New Range Rover Evoque hybrid on the way

Model S conquers top position in sales ranking: Tesla beats Mercedes and BMW in the domestic market

All articles and backgrounds 02/20/2018 Model S conquers top position in sales ranking Tesla beats Mercedes and BMW in the domestic market Tesla; Daimler Tesla Model S, Mercedes S-Class US electric car maker Tesla Show stock market chart has climbed for the first time in Europe the top spot in car sales in the luxury… Continue reading Model S conquers top position in sales ranking: Tesla beats Mercedes and BMW in the domestic market

ELECTRIC ROAD TRIP: JAGUAR I-PACE COMPLETES FINAL TESTING IN LOS ANGELES AHEAD OF 2018 REVEAL

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