Motor Authority
OCTOBER 30, 2024
McLaren Automotive has been sold by Bahrain sovereign wealth fund Buyer is Abu Dhabi-owned investment consortium Deal likely paves way for first McLaren EV CYVN Holdings, an investment consortium owned by the Abu Dhabi government, has agreed to purchase 100% of McLaren Automotive, the supercar business of McLaren Group. The news was confirmed on.
Women Automotive Network
OCTOBER 30, 2024
On October 29th, the Women Automotive Network hosted a compelling LinkedIn Live session featuring April Stevens, Director of Manufacturing Strategy & Footprint Development at Ford Motor Company. The conversation, led by Caroline Trudeau, Senior Industry Advisor, explored the unique strengths that introverted leaders bring to the manufacturing industry.
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Motor Authority
OCTOBER 30, 2024
New EV brand Scout launches with Terra pickup and Traveler SUV Lifestyle-oriented modes likely planned Production starts in 2027 at South Carolina plant Volkswagen Group's new U.S.-based Scout brand looks to be readying various lifestyle-oriented modes for its upcoming electric Terra pickup truck and Traveler SUV, following a strategy already used.
Autocar
OCTOBER 30, 2024
Fiat performance brand's first UK-bound SUV is also its most powerful car ever – but is it a true performance EV? The new Abarth 600e proves that even a brand you would associate with small, feisty Fiat 500-based runabouts isn't immune to electric crossovers.But this entry into one very saturated market has allowed Abarth to explore new heights of performance and attempt to prove that cars like this can still be fun performance machines.To help it with this, the 600e has been given a brand new p
Motor Authority
OCTOBER 30, 2024
The updated 2025 Porsche 911 GT3 unveiled earlier this month may be the last time Porsche's track star is offered without turbocharging or hybrid technology. In an interview with Autocar published on Tuesday, Andreas Preuninger, Porsche's head of development for GT-badged cars, said stricter Euro 7 emissions regulations planned by the European.
AutoDealer Today
OCTOBER 30, 2024
Report says criminals also targeted thousands of auto dealerships and sustained an elevated volume of attacks in the industry.
Motor Authority
OCTOBER 30, 2024
Hyundai on Tuesday confirmed that the Ioniq 9 electric three-row SUV will debut in November. The timing points to a debut at the 2024 Los Angeles auto show which starts on Nov. 22. Hyundai used the same event in 2021 to preview the Ioniq 9 with the Seven concept. Hyundai in July said the Ioniq 9 will reach the U.S. as a 2025 model, though a firm.
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Motor Authority
OCTOBER 30, 2024
Jaguar built five C-X75 prototypes and four were used as stunt cars for James Bond movie "Spectre" Two stunt cars have been converted for street use by Callum Latest conversion includes bespoke interior Jaguar’s C-X75 concept from 2010 has one of the most visually striking designs of modern times, but despite the car's popularity and.
Autocar
OCTOBER 30, 2024
Teaser image published by Hyundai reveals close resemblance to the concept New electric seven-seater, closely related to Kia's EV9, will go on sale next year The Hyundai Ioniq 9 will be revealed next month as the brand’s answer to the Volvo EX90. The new electric seven-seater , twinned with the Kia EV9 , is a development of the Seven concept shown three years ago.
Motor Authority
OCTOBER 30, 2024
AC Cars building new versions of Ace sports car Modern Ace offers gas and electric powertrains Both powertrains deliver approximately 300 hp AC Cars will use next week's 2024 SEMA show in Las Vegas to present an electric version of its modern Ace sports car. AC is the U.K.'s oldest surviving car company, and the company that supplied Carroll.
Autocar
OCTOBER 30, 2024
Styling tweaks include more angular bumpers with larger grille area up front Hotter family SUV gets 262bhp plus a range of chassis and interior tweaks Skoda has unveiled the hot vRS version of the new Kodiaq , packing Volkswagen Golf GTI power and a sporty new look. It uses the same ‘EA888’ turbocharged 2.0-litre four-pot as the GTI and the range-topping Volkswagen Tiguan R-Line.
Carscoops
OCTOBER 30, 2024
Tesla’s FSD semi-autonomous tech uses video image processing as its main way of navigating. It didn’t see a deer in the road and neither did the driver who did nothing to avoid hitting the animal. The incident brings up good questions about Tesla’s reliance on video imaging only. Semi- autonomous driving requires a car to navigate the world through sensors.
Autocar
OCTOBER 30, 2024
Key reasons for collaboration are the reduced costs and faster pace brought by shared underpinnings Japanese manufacturer is in talks with Renault EV division Ampere about producing a new A-segment car Nissan is in the early stages of developing an electric city car for Europe, twinned with the upcoming Renault Twingo EV. The Japanese firm has begun talks with Alliance partner Renault ’s Ampere EV division about the development of an ‘A-segment’ EV based on the Ampr Small platform that underpin
Carscoops
OCTOBER 30, 2024
Volkswagen has finally presented their proposal to the IG Metall union, which calls for the elimination of some bonuses as well as a 10% pay cut. This stands in contrast to the union’s demand for a 7% pay increase as well as the reinstatement of terminated agreements. Volkswagen didn’t mention plant closures, but said they want “employees to help safeguard its future.” Volkswagen recently reported a dismal third quarter and now they’re looking at their workforce to
Autocar
OCTOBER 30, 2024
Toyota's Urban SUV concept bears a striking resemblance to the Suzuki eVX. Toyota confirms that one of its upcoming electric cars will be a “nimble” SUV built by partner firm Suzuki in India Toyota has confirmed that one of its upcoming electric cars will be a rebadged Suzuki SUV, in a strengthening of the two Japanese companies’ partnership. Toyota previously allowed Suzuki to sell its own versions of the Corolla Touring Sports (the Swace ) and RAV4 (the Across ) in Europe, while a number of
Carscoops
OCTOBER 30, 2024
The Skoda Kodiaq RS is back, now with more power under the hood. It’s equipped with a 262-hp 2.0 TSI engine, paired with a 7-speed DSG and AWD. The RS trim adds unique styling cues, along with a dark-themed interior featuring red stitching. Skoda has detailed the entire lineup of the second-generation Kodiaq , announcing the return of the sporty RS trim in all its aggressive glory.
Autocar
OCTOBER 30, 2024
Fuel duty has been frozen at 52.95p per litre First-year VED on most ICE cars will double; extra £500 million allocated to road maintenance Fuel duty has been frozen for another year, chancellor Rachel Reeves has announced in the Autumn Budget. The current rate of 52.95p per litre will be retained through 2025-2026. Reeves said: “I have concluded that in these difficult circumstances, while the cost of living remains high, and with the backdrop of global uncertainty, increasing fuel duty would b
AutoDealer Today
OCTOBER 30, 2024
Report shows smaller number of players consolidating market share.
Carscoops
OCTOBER 30, 2024
Mazda has already sold 313,452 vehicles through the first nine months of 2024, a 15% increase compared to last year’s figures. While the company had previously projected to sell 500,000 models in 2025, it has now lowered its expectations. Mazda remains on track to break the 400,000 sales milestone in the U.S. this year—a first for the brand—and is optimistic that this upward trend will carry into 2025.
CarExpert
OCTOBER 30, 2024
Ford CEO Jim Farley is building anticipation of the US carmaker’s upcoming mid-sized electric pickup, tipped to be similar in size to the best-selling Ranger. In August , Ford announced a dedicated ‘skunkworks’ team in California is currently developing a new electric vehicle (EV) platform which aims to be cheaper to produce – and more affordable for buyers – than its current electric models.
Carscoops
OCTOBER 30, 2024
Audi’s plant in Brussels is home to roughly 3,000 staff but will close its doors on February 28. Production at the site will continue for two months after the Christmas holidays. The carmaker says it’s speaking with a new investor in the commercial sector, but no deal has been reached. Audi will close its production facility in Brussels , Belgium, in February next year, but there remains a glimmer of hope it could be saved with new investment.
Autocar
OCTOBER 30, 2024
Fuel duty has been frozen at 52.95p per litre Cost of living crisis means it's the wrong time for extra taxes at the pump, said chancellor Rachel Reeves Fuel duty has been frozen for another year, chancellor Rachel Reeves has announced in today's Autumn Budget. The current rate of 52.95p per litre (comprising a 5p per litre cut introduced during the 2022-23 financial year) will be retained through 2025-2026.
Carscoops
OCTOBER 30, 2024
Volkswagen has been warning things were looking bad and their third quarter results confirm that. Sales fell 8.3% in Q3, further exacerbating a troubling 20.5% decline in year-to-date profits. The automaker attributed the poor results to issues like a challenging economy, high costs, and EV resistance. The Volkswagen Group has revealed their third quarter earnings and there’s no sugar coating things as it was a brutal three months.
CarExpert
OCTOBER 30, 2024
The European Union (EU) appears to have finalised what tariffs it’ll impose on Chinese electric vehicles (EVs), provided the two regions can’t come to the table with a mutual solution. As reported by AP News , the most recent revisions to the tariff rates for various Chinese carmakers has largely resulted in minor reductions, though some brands will still be slugged with import taxes as high as 45.3 per cent by the time their EVs are on the forecourt.
Carscoops
OCTOBER 30, 2024
The car has been overhauled by Bespoke Orange County. Nested under the hood is AMG’s 6.2-liter naturally-aspirated V8 paired with a 6-speed manual transmission. The body features a gorgeous AMG Hammer-inspired widebody kit made of carbon fiber. A gorgeous Mercedes-Benz 560SEC is set to sell for more than a quarter of a million dollars in the US, mostly because it combines the best ingredients in a stunning restomod package.
Automotive Addicts
OCTOBER 30, 2024
Volkswagen, Europe’s largest automaker, faces a challenging financial landscape as third-quarter earnings plummeted, prompting calls for urgent cost reductions across its German operations. The company reported a net profit of €1.58 billion ($1.7 billion) for the July-September period, a drastic 64% decline from the €4.35 billion ($4.6 billion) profit seen during the same period last year.
Carscoops
OCTOBER 30, 2024
CYVN Holdings will also acquire a non-controlling stake in the broader McLaren Group. The Abu Dhabi-based investment group acquired a controlling stake in Gordon Murray Technologies last year. Since March, the McLaren Group has been under the ownership of Mumtalakat , the sovereign wealth fund of the Kingdom of Bahrain. Now, just seven months later, Mumtalakat has signed a non-binding agreement to offload its entire stake in McLaren Automotive to CYVN Holdings—an investment group based in
CarExpert
OCTOBER 30, 2024
Porsche has reportedly confirmed the next 911 Turbo will enter production next year, bringing with it the same hybrid tech already seen on the refreshed 911 Carrera GTS. The facelifted 992.2-generation 911 Turbo is expected to enter production in the second half of 2025, with Porsche deputy CEO and CFO Lutz Meschke telling Carscoops the updated model would come “with the Varta cells onboard” –pointing at a hybrid model.
Carscoops
OCTOBER 30, 2024
The EV9 could be about to receive an X-Pro variant similar to the Sportage and Sorento. The second concept appears to be based on the PV5 electric van. Kia has become a much cooler and desirable brand than it was a decade ago and at next month’s SEMA Show, it will unveil a pair of creations that could show just how hip the carmaker has become.
Motor 1
OCTOBER 30, 2024
Chevrolet has built an incredible 113 million small-blocks since its introduction 70 years ago. And it's sill going strong.
Carscoops
OCTOBER 30, 2024
Toyota has previewed two heavily modified SUVs for the 2024 SEMA show in Las Vegas. The Land Cruiser Rox concept is an open-air off-roader with an exposed cargo area. The 4Runner Surf concept is a two-door SUV inspired by the Hilux Surf from the ’80s. Toyota quietly announced this year’s SEMA lineup by posting two videos on YouTube previewing an equal number of builds.
Motor Trader
OCTOBER 30, 2024
Group 1 turned in a strong performance in Q3 with year-on-year gross profit up 8.4% to $852.7m (£656m) and turnover up 11% to $5.2bn (£4bn). Group 1 has accelerated its UK growth. For the quarter UK gross profits rose 68.6% to $1174.5 on turnover up 55.2% to $1.2bn. In July 2024, it bought four Mercedes-Benz UK dealerships, which is expected to generate $105m in annual revenues with new car sales recorded as net revenue under the agency model.
Carscoops
OCTOBER 30, 2024
SVOLT is abandoning plans for two German battery plants, citing weak European sales and economic challenges. The company is the eighth-largest battery manufacturer in China, holding a 2.36% share of the market. SVOLT supplies batteries for the Citroën e-C3 and reportedly had a contract with BMW as well. Chinese EV battery maker SVOLT has announced it will shutter its European operations in January and abandon plans for two production facilities, blaming slumping sales across Europe and risi
CarExpert
OCTOBER 30, 2024
Two huge pieces of ute news broke within an hour on Tuesday night, when BYD announced local Shark 6 pricing and Kia finally revealed the Tasman , but there was a clear winner on our website. In the 24 hours after we published our Shark 6 pricing and Tasman reveal coverage, our data shows that for every 100 page views of the BYD there were 86 for the Tasman.
Carscoops
OCTOBER 30, 2024
Dodge’s Direct Connection is returning to SEMA with two new crate engine blocks. The Hellephant A30 block costs $8,815 and is geared towards DIY builders. Dodge will also offer three new supercharger kits for the 6.2-liter Hellcrate V8. Stellantis’ star attraction at the SEMA Show is a Plymouth GTX electromod, but the company still has gas running through its veins.
CarExpert
OCTOBER 30, 2024
The 2025 Kia Tasman ute has made many a headline this week already for its polarising looks, but we reckon the upcoming single-cab version could be the pick of the bunch. Photos published to Kia’s Korean website show a couple of single-cab variants – pickup and cab/chassis – previewing what’s to come from the brand’s first ute following the release of the dual-cab range.
Carscoops
OCTOBER 30, 2024
Callum perfected another example of the Jaguar C-X75 prototype from the 007 movie Spectre. Modifications include a refined exterior, active aero, and an overhauled cabin with improved NVH. The street-legal conversion also included new electronics and a dual-clutch transmission for the V8. The Jaguar C-X75 concept from 2010 may have never reached production, but there are four surviving examples from the 2015 James Bond movie Spectre in the hands of collectors.
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