China announced retaliatory tariffs against $60 billion of U.S. goods, sharply escalating their trade conflict as the Trump administration considers imposing duties on almost all Chinese imports.
BMW will bring forward the 2019 summer maintenance shut down at its Mini factory in Oxford to 1 April - just after the UK is expected to 'Brexit' (leave the EU) at the end of March.
Ferrari will launch the Purosangue, its much anticipated four-door utility vehicle, in 2022. The name means "thoroughbred" in Italian.
Ferrari will launch the Purosangue, its much anticipated four-door utility vehicle, in 2022. The name means "thoroughbred" in Italian.
Mini's plant in Oxford, England, will move its annual maintenance shutdown to April next year when Britain is due to leave the EU.
Mini's UK plant in Oxford, England, will move its annual maintenance shutdown to April next year when Britain is due to leave the EU.
It's unclear how much automakers will benefit from relaxing standards for tailpipe emissions. To some observers, the biggest winners are petroleum companies.
The European Commission said on Tuesday (18 September) it had opened an in-depth investigation to assess whether BMW, Daimler and VW (Volkswagen, Audi, Porsche) colluded, in breach of EU antitrust rules, to avoid competition on the development and roll-out of technology to clean the emissions of petrol and diesel passenger cars.
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.
With the current economy the last thing you need is for your vehicle to break down. Whether your driving a reliable car or a busted up