DS will reveal the electric DS3 Crossback compact SUV, a rival to the Audi Q2, at the Paris motor show this October ahead of its launch in 2019. Stéphane Le Guével, UK boss of the PSA Group, confirmed to Autocar last year the arrival of the B-segment SUV as the next model in DS’s brand offensive, which will include four SUVs. … Continue reading Electric DS 3 Crossback to be revealed at 2018 Paris motor show
Tag: Strategy
Ford Mach 1 EV crossover to spearhead new era for car maker
Ford is pressing ahead with its first all-new battery electric vehicle, a front-drive crossover – and it is committed to the Mondeo in Europe until the mid-2020s, despite last month’s announcement that it is pulling out of the saloon and hatchback market in the US. The all-electric crossover, dubbed Mach 1 in reference to its Mustang-derived… Continue reading Ford Mach 1 EV crossover to spearhead new era for car maker
Ford readies all-new Mach 1 EV crossover, axes US cars
Ford is pressing ahead with its first all-new battery electric vehicle, a front-drive crossover – and it is committed to the Mondeo in Europe until the mid-2020s, despite last month’s announcement that it is pulling out of the saloon and hatchback market in the US. The all-electric crossover, dubbed Mach 1 in reference to its Mustang-derived… Continue reading Ford readies all-new Mach 1 EV crossover, axes US cars
Chinese bike-sharing giant Mobike is making big plans for India
You’d be forgiven for thinking that Chinese bike-sharing startup Mobike, which was recently acquired in a $3 billion deal, was already present in India. The company went on an aggressive global expansion spree in 2017; India wasn’t on the radar then, but that’ll soon be rectified with a launch expected in early June. Mobike has bold… Continue reading Chinese bike-sharing giant Mobike is making big plans for India
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
(2nd LD) Hyundai withdraws overhaul plan on opposition
(ATTN: CHANGES headline and lead; ADDS details throughout) SEOUL, May 21 (Yonhap) — Hyundai Motor Group on Monday withdrew a key spinoff merger plan in a setback to its corporate restructuring amid stepped-up opposition campaigns by some investors. The decision comes as global hedge fund Elliott and proxy advisers such as Institutional Shareholder Services (ISS)… Continue reading (2nd LD) Hyundai withdraws overhaul plan on opposition
Number of part-time electricity grows: the plug-in hybrids of luxury car manufacturers
All articles and backgrounds 05/21/2018 Number of part-time electricity grows The plug-in hybrids of luxury car manufacturers Bentley / dpa tmn The car industry has long put pressure on diesel under the pressure of falling CO2 limits. But after the diesel dilemma, she seeks her salvation visibly in the plug-in hybrids. The supply of part-time… Continue reading Number of part-time electricity grows: the plug-in hybrids of luxury car manufacturers
Porsche Mission E: 592bhp output confirmed by Webber in new video
Porsche has released the first official drive footage of its upcoming Mission E electric sports car that shows it being driven at pace by Mark Webber around the brand’s Weissach test track. The Formula 1 race winner and 2015 World Endurance Championship champion demonstrates the all-electric car’s agility and traction on the technical layout, with the Porsche employee stating that it’s… Continue reading Porsche Mission E: 592bhp output confirmed by Webber in new video
Magna and Renesas to develop ADAS system for entry and mid-range vehicles
Magna’s surround view system adopts Renesas’ system-on-chip Japan-based Renesas electronics, an industry-leading supplier of automotive semiconductor solutions, and Canada-based Magna, a mobility technology company and one of the world’s largest automotive suppliers, aim to accelerate the mass adoption of advanced driving assistance system (ADAS) features with a new cost-efficient 3D surround view system designed for… Continue reading Magna and Renesas to develop ADAS system for entry and mid-range vehicles
Peugeot GTI badge under threat as brand shifts its focus to SUVs
Performance Peugeot models will fall foul of the brand’s shift towards SUVs, says the brand’s UK boss. Peugeot UK MD David Peel has admitted the French firm will have less to appeal to petrol heads in the future as the manufacturer focusses on profitable SUV models. For a brand made famous by iconic hot hatches,… Continue reading Peugeot GTI badge under threat as brand shifts its focus to SUVs