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MILAN, Italy (AFP) — Italian sports car maker Ferrari is likely to launch its first fully electric model only after 2025, its boss said on Thursday, blaming insufficient battery technology for the wait. “We certainly are studying fully electric,” Louis Camilleri told reporters, but added that “for the current foreseeable future” hybrids were the preferred option. “My sense is the electric (car) will come out after 2025. The battery technology is not where it should […]
NEW YORK, United States (AFP) — Tesla has pulled the plug on Internet sales of its cheapest Model 3 sedan in the latest shift to the company’s retail strategy. The electric car maker plans to keep taking online orders for the Standard Plus Model 3, which starts at $39,500 and is now the lowest-price option available to digital consumers, along with higher-end models. But online customers will no longer be able to order the Model […]
FREMONT, California (Eagle News) — On a brisk Saturday in the bay area city of Fremont, California, car enthusiasts had the opportunity to tour the facilities of one of the most well known Euro car tuners, 034 Motorsports. 034 is most known for its ability to unlock power and speed potential from vehicles under the Audi/ Volkswagen platform through performance modifications. During this annual event called Winterfest, visitors showcased their vehicles at the 034 Motorsports […]
MUMBAI, India (AFP) — Shares in India’s Tata Motors tanked almost 30 percent on Friday after problems at its Jaguar Land Rover unit dragged the luxury car-maker to India’s biggest quarterly loss. The Mumbai-based manufacturer has been badly hit by falling demand for luxury cars in China, as well as uncertainty over Brexit and rising debt. It announced Thursday a net loss of 270 billion rupees ($3.8 billion) for the quarter ending December owing to […]
by Natsuko FUKUE Agence France-Presse TOKYO, Japan (AFP) — Japanese car giant Toyota slashed its full-year net profit forecast Wednesday after saying its nine-month figure had tumbled nearly 30 percent as it was hit by investment losses. The firm’s senior managing officer Masayoshi Shirayanagi also told reporters there was no way to avoid a negative impact in the event of a no-deal Brexit — days after fellow Japanese carmaker Nissan announced a cut in production […]
PARIS, France (AFP) — Bugattis, Ferraris, but also Renaults and Peugeots, the Concept Car and Automobile Design Exhibition in Paris presents the automobile world’s most innovative models at a show dedicated exclusively to the cars of tomorrow. https://youtu.be/UhA2GG5T5N4
SAN FRANCISCO, United States (AFP) — Apple acknowledged Thursday that it has trimmed its team devoted to self-driving car technology but stressed that its still in the race. Apple’s comment came in response to a CNBC report that the staff of a secretive Project Titan was reduced this week by more than 200 people, some of whom were transferred to jobs elsewhere at the California-based technology group. “We have an incredibly talented team working on […]
(Eagle news) — The Department of Transportation (DOTr) has ordered the suspension of five private emission testing centers (PETC) found to be falsifying emission tests results. The suspension came after the department’s Investigation Security and Law Enforcement Staff (ISLES) conducted a thorough probe where the five emission testing centers were caught to have falsified test results or entered false information regarding tested vehicles. The following were the emission testing centers which were suspended by the […]
NEW DELHI, India (AFP) — India’s environmental court Thursday threatened Volkswagen executives with arrest and gave the German automaker a day to pay $14 million for violating pollution norms by fudging emission tests. The “Dieselgate” scandal, which saw VW cheat emissions tests on millions of diesel vehicles, has already cost the firm over $30 billion in fines, recalls and compensation worldwide. India’s National Green Tribunal ruled in November VW must deposit a fine of 1.7 […]
by Ben PERRY Agence France-Presse LONDON, United Kingdom (AFP) — Thousands of auto sector jobs are set to go across Europe, Jaguar Land Rover and Ford announced Thursday, under major restructuring as consumers dump diesel cars for greener electric vehicles. Brexit-facing JLR will axe around 4,500 mostly UK jobs, the Indian-owned carmaker said, after a slump in Chinese sales last year. US carmaker Ford said it planned a major restructuring of its European operations, including […]
BEIJING, China (AFP) — China announced Friday it will suspend extra tariffs added to US-made cars and auto parts for three months starting on January 1 as part of the trade war truce with the United States. Beijing raised tariffs on American-made cars and auto parts this summer by 25 percent in retaliation for US tariffs on $50 billion of Chinese goods. “Suspension of the tariffs is a concrete measure to implement the consensus reached […]
by Shingo ITO Agence France-Presse TOKYO, Japan (AFP) — Japanese car giant Toyota upgraded its full-year forecast Tuesday, as the firm posted a 16-percent gain in net profit for the six months to September thanks to steady global sales and cost-cutting efforts. The maker of the Camry sedan and Prius hybrid revised upward its net profit forecast to 2.3 trillion yen ($20.3 billion) from its earlier estimate of 2.12 trillion yen for the year to […]
