@Toyota: GR Sport – a New Year Newcomer for the Toyota C-HR Hybrid SUV Range

The new 2021 Toyota C-HR hybrid SUV is now available in the UK, with a revised line-up that features new GR Sport models inspired by Toyota Gazoo Racing’s world championship winning success in international rally and endurance racing competition. The GR Sport grade, available with both 1.8 and 2.0-litre self-charging hybrid electric powertrains, makes its… Continue reading @Toyota: GR Sport – a New Year Newcomer for the Toyota C-HR Hybrid SUV Range

Abt Sportsline boosts Cupra Formentor to 365bhp

German tuning firm Abt Sportsline has turned its attention to the new Cupra Formentor, boosting power from 306bhp to 365bhp and adding bespoke styling elements. The Formentor is the latest Volkswagen Group model to receive the Abt treatment, following last year’s 419bhp take on the Audi Q5 55 TFSIe and a heavily modified version of the Audi… Continue reading Abt Sportsline boosts Cupra Formentor to 365bhp

Construction of the Scuderia Cameron Glickenhaus SCG 007 Le Mans Hypercar continues – Professional Motorsport World

With the 2021 WEC season set to get underway in in March, Toyota has been putting testing miles on its GR010 hypercar, though both ByKolles Racing and Scuderia Cameron Glickenhaus (SCG) are also due to field cars in the class this year. Details of the ByKolles entry remain sparse, with the team having released only… Continue reading Construction of the Scuderia Cameron Glickenhaus SCG 007 Le Mans Hypercar continues – Professional Motorsport World

Electric Car Maker BYD Seeks Up to $3.6 Billion in Placement

(Bloomberg) — BYD Co., a Chinese electric-vehicle manufacturer backed by Warren Buffett, is looking to raise as much as $3.6 billion from a sale of its Hong Kong-listed shares, capitalizing on rising demand for new-energy vehicles and a blistering stock rally. BYD is selling 121.1 million shares at HK$222 to HK$228 each, according to terms… Continue reading Electric Car Maker BYD Seeks Up to $3.6 Billion in Placement

Ineos Automotive speaks out on Grenadier’s French factory – AutoExpress

Ineos Automotive recently announced that it would move the Grenadier’s production facility from Wales to France. At the time, the move was branded a “no brainer” by the brand’s commercial director, Mark Tennat, despite the fact that it scuppered 500 jobs for the UK’s post-Brexit motor industry. Ineos originally planned to assemble the Grenadier in… Continue reading Ineos Automotive speaks out on Grenadier’s French factory – AutoExpress

@Groupe PSA: PR “READY TO GO”001033

The very first purely electric rally car from a manufacturer is ready to go for the next season: the Opel Corsa-e Rally has already clocked thousands of kilometres in testing. It recently passed its maturity test during a small-scale rally simulation of the German Rally Championship.Opel driver Marijan Griebel fastens the six-point seat belt and… Continue reading @Groupe PSA: PR “READY TO GO”001033

Spyker revival put on ice as CEO files for bankrupcy – Autocar

Plans to revive the Dutch sports car company Spyker have been thrown into disarray as the firm’s CEO has filed for bankrupcy, according to reports. First revealed by Dutch publication RTL News, the bankruptcy of Spyker NV has been confirmed by CEO and entrepreneur Victor Muller, with subsidiaries Spyker Events and Spyker Services having gone bankrupt… Continue reading Spyker revival put on ice as CEO files for bankrupcy – Autocar

Foxconn Taps Nio Co-Founder Jack Cheng To Lead New Open EV Platform

TipRanks Raymond James: 2 Big 7% Dividend Stocks to Buy Now Watching the markets with an eye to the main chance, Raymond James strategist Tavis McCourt sees both risk and opportunity in current market conditions. The opportunity, in his opinion, stems from the obvious factors: the Democrats won both Georgia Senate seats in the recent… Continue reading Foxconn Taps Nio Co-Founder Jack Cheng To Lead New Open EV Platform

@niche: Joop Donkervoort steps down000463

Exclusive Dutch sportscar maker Donkervoort Automobielen today announced the retirement of its founder and President, Joop Donkervoort. Donkervoort, 71, founded the company in 1978 and served as its President and Managing Director, building it from scratch into a world-renowned sports car brand. He will pass the daily management of the company to his son, Denis,… Continue reading @niche: Joop Donkervoort steps down000463

Bus maker leads $310m funding for China self-drive startup WeRide

HONG KONG — Chinese autonomous vehicle startup WeRide has raised $310 million from bus maker Zhengzhou Yutong Group and several state-backed investors as Beijing rolls out new guidelines for testing self-driving cars. WeRide, backed by the alliance of Groupe Renault, Nissan Motor and Mitsubishi Motors, is among the front-runners in China’s rapidly growing autonomous vehicle sector. The… Continue reading Bus maker leads $310m funding for China self-drive startup WeRide