Auto News 5

Ferrari plans to launch 15 new models by 2022, and the company expects the average retail price for its vehicles to increase "significantly."

Ferrari plans to launch 15 new models by 2022, and the company expects the average retail price for its vehicles to increase "significantly."

Ferrari CEO Louis Camilleri has cut a long-term profit goal set by his predecessor Sergio Marchionne, a month after calling it "aspirational." The CEO now expects earnings in a range of 1.

News 18 Sep, 2018

Limited run Ferrari Monza ‘Icona’ models use the brand’s most powerful V12 engine, and cost upwards of £3 million

Hyundai Capital America has launched foreclosure proceedings against the owners -- auto industry veteran Michael Saporito and ex-NFL linebackers Jessie Armstead and Antonio Pierce -- of Hyundai and Kia dealerships in Pennsylvania accused of failing...

News 18 Sep, 2018

MINI confirms shut down “to minimise the risk of any possible short-term parts-supply disruption in the event of a no-deal Brexit”

The outlook for the global automotive manufacturing industry remains stable over the next 12 to 18 months, reflecting expectations for steady demand across key regions despite looming challenges, Moody's Investors Service said in a report.

News 18 Sep, 2018

EU commission investigating if companies colluded “to limit the development and roll-out of certain emissions control systems”

Traton Group (VW's former heavy truck and bus unit) and China's CNHTC Group announced a further expansion of their long-term joint venture.

The Italian coachbuilding and design company has a new strategy based on two business areas -- engineering and design -- that have been split into separate legal entities.

Changan Automobile has signed a strategic cooperation agreement with Huawei at Huawei's Shenzhen headquarters. Both companies will establish innovation centres and accelerate the development of automotive intelligence to create a mobile space that integrates human, vehicle, and life in the 5G era.

i is launching its electrification offensive with the world premiere of the Audi e-tron.

Renault, Nissan and Mitsubishi Motors announced a technology partnership that will make its vehicles among the first to use Google's Android operating system in its dashboards to control navigation, infotainment and apps directly installed in...

News 18 Sep, 2018

New Ferrari hybrid V6 engine plus mid-engined model to sit above 488 GTB on the way

The EU has opened a formal investigation into whether BMW, Daimler and VW Group colluded to avoid competition in the development of emissions technology, including allegedly limiting the rollout of systems to reduce NOx and particulate pollution.

Faurecia will showcase its latest and disruptive technologies at the Paris Motor Show in its two areas of focus: Smart Life on Board and Sustainable Mobility.

Ford said it had successfully conducted its first tests of Cellular Vehicle To Everything (C-V2X) technology on public roads in China, as part of an ongoing pilot project in Wuxi, Jiangsu.

The EU has opened a formal investigation into whether BMW, Daimler and VW Group colluded to avoid competition in the development of emissions technology, including allegedly limiting the rollout of systems to reduce NOx and particulate pollution.