Auto News Archives — Page 22 of 60

October 5, 2021 No Responses

Jaguar Land Rover Begins Delivery Of New SUV F-PACE

Jaguar Land Rover (JLR) on Monday commenced deliveries of the new Jaguar F-PACE SVR Sports Utility Vehicle (SUV) to customers in India.Powered by a petrol engine with an output of 405kW, the vehicle can accelerate from 0-100 km/h in 4 seconds.The performance of...

October 3, 2021 No Responses

BMW Lifts 2021 Annual Profit Forecast To 9.5%-10.5%

The management of BMW AG has lifted its annual profit margin forecast to between 9.5% and 10.5% from 7% to 9%. The company in a statement also boosted its forecast for return on equity in its financial services segment to 20%-23% fr...

October 3, 2021 No Responses

Toyota Outsells GM In Nine Months

Japanese automaker, Toyota Motor Corporation outsold General Motors Co in the United States for the first nine months of 2021 as the Detroit automaker grappled with production problems stemming from the semiconductor chip shortage.Toyota du...

October 2, 2021 No Responses

Rolls-Royce Targets All-Electric Range By 2030

Rolls-Royce will produce only electric cars by 2030, the luxury carmaker has said, joining other premium brands making the switch such as Volkswagen’s Bentley and Jaguar‘s Land Rover.The BMW-owned brand explained in a statement that its first...

October 1, 2021 No Responses

Peugeot Loses Patent Case Against Piaggio

Peugeot Motorcycles, owned by Mahindra & Mahindra has been banned from selling three-wheeled scooter Peugeot Metropolis in France and Italy.Meanwhile, Courts in Paris and Milan have also slapped penalties on the French co...

October 1, 2021 No Responses

Rolls-Royce First Fully Electric Car Unveils Agenda

In a historic announcement, Rolls-Royce Motor Cars on Thursday announced that on-road testing of its first fully electric motor car is imminent. Rolls-Royce Motor Cars Chief Executive Officer, Torsten Müller-Ötvös, said: “Today is the most significant...

September 29, 2021 No Responses

Toyota Acquires Renovo

Toyota Motor Corporation Silicon Valley research arm has acquired automotive operating system software company Renovo to help accelerate the development of fully autonomous connected vehicles.“I am hoping to shave off years and months to our minimum via...

September 29, 2021 No Responses

Jaguar Land Rover Begins Bookings For New I-PACE

Jaguar Land Rover has commenced bookings for the new I-PACE Black in the India market. According to the company, the all-electric performance SUV’s appeal is heightened further by the creation of the I-PACE Black, which comes with...

September 28, 2021 No Responses

Rolls-Royce Spanish Unit Gets $2b Price Tag

The management of Rolls-Royce has agreed to sell its Spanish unit ITP Aero to a consortium led by Bain Capital Private Equity for 1.7 billion euros ($2.0 billion), bringing the British engineering company close to its 2-billion-pound target for disposal...

September 28, 2021 No Responses

ROLLS-ROYCE AND ELECTRIC POWER: A PROPHECY, A PROMISE AND AN UNDERTAKING

Rolls-Royce reflects on heritage of electric power ahead of historic announcement Extraordinary prophecy of founding father, Charles Rolls, revealed Rolls championed electric cars in 1900, deeming Columbia model best of its type Royce, one of the first electri...

September 28, 2021 No Responses

Ford Votes $11.4b For Electric Vehicle Plants

Ford has announced a major investment in electric vehicle (EV) production in the US, promising to build its biggest ever factory in Tennessee, and two battery parks in Kentucky. Under the $11.4bn (£8.3bn) plan, the carmaker said it will build...

September 26, 2021 No Responses

Nissan Unveils Virtual Sales Advisor For Magnite SUV

Nissan has introduced a virtual sales advisor for prospective customers of its compact Magnite Sports Utility Vehicle (SUV) as part of its digital platform to enhance customers’ car buying experience. Virtual sales advisor, which has been launched b...

September 25, 2021 No Responses

Kia K5 Tops 2021 J.D. Power Consumer Ratings

K5 owners across the world in the JD Power Ratings say their favorite things about the premium sedan are the exterior styling, driving feel, feeling of safety, interior design, and fuel economy. Specifically, these five things about the vehic...

September 21, 2021 No Responses

ExxonMobil Rolls Out Synthetic Engine Oil For SUVs

To successfully tap into the Sports Utility Vehicle (SUV) segment, ExxonMobil Lubricants, a wholly-owned affiliate of ExxonMobil Corporation, on Monday, unveiled Mobil Super SUV synthetic engine oil. Mobil Super SUV Pro&nb...