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Why Lynn Tilton may be selling Dura Automotive

Lynn Tilton: Preparing to auction off Dura? Photo credit: JOE WILSSENS Financier Lynn Tilton is working with Jefferies Financial Group Inc. to seek buyers for auto supplier Dura Automotive Systems Inc., people familiar with the matter told Bloomberg, as she looks to unload some of her investment firm’s […]

By |October 19th, 2018|Latest News|Comments Off on Why Lynn Tilton may be selling Dura Automotive

Lynk & Co reveals 493bhp concept car based on TCR race car

Lynk & Co has revealed a 493bhp concept car, which is based on a TCR touring car built with leading team Cyan Racing.
The car maker, owned by Chinese giant Geely, said the Lynk & Co 03 Cyan, will be the “first step towards an extended performance offer”.
The Lynk & Co 03, on which the race […]

By |October 19th, 2018|Latest News|Comments Off on Lynk & Co reveals 493bhp concept car based on TCR race car

Buy them before we do: second-hand picks for 19 October

What didn’t win the XJ40 so many fans was the build quality. That all-electric instrument panel gave trouble and the various mini- computers and microprocessors behind the scenes were known to fail too. Rust was a huge problem and the engines had a question mark over them, with oil leaks and reports of head gasket […]

By |October 19th, 2018|Latest News|Comments Off on Buy them before we do: second-hand picks for 19 October

Tesla Model 3 offered for $45,000, but base $35,000 model still not available

Shipping a $35,000 iteration of the Model 3 sedan right away would “cause Tesla to lose money & die,” Musk tweeted. Photo credit: BLOOMBERG Tesla Inc.’s long-promised $35,000 version of the Model 3 sedan is still nowhere to be found, but it’s inching closer to that price point.
The […]

By |October 19th, 2018|Latest News|Comments Off on Tesla Model 3 offered for $45,000, but base $35,000 model still not available

Audi E-tron GT sports saloon to get ‘power focus’

The Audi E-tron GT four-door electric sports car, due in 2020, will have a similar range to the new E-tron SUV but be “focused more towards power”, according to the firm’s powertrain boss.
The E-tron SUV offers a 248-mile range measured on the new WLTP test and Siegfried Pint told Autocar the GT will achieve a […]

By |October 19th, 2018|Latest News|Comments Off on Audi E-tron GT sports saloon to get ‘power focus’

Northwood University chief to retire after 12 years; successor search under way

UPDATED: 10/18/18 4:39 pm ET – adds details Northwood University, a longtime training hub based in Michigan for auto dealership managers and executives, said its president and CEO is retiring after 12 years at the helm.
Keith Pretty, 67, announced Wednesday plans to retire from the private Midland, Mich.-based university effective June 30, according to a […]

By |October 18th, 2018|Latest News|Comments Off on Northwood University chief to retire after 12 years; successor search under way

Ban on petrol and diesel cars should begin in 2032, say MPs

MPs have published a report suggesting that the proposed ban on the sale of petrol and diesel cars, originally cited for 2040, should be brought forward to 2032.
The House of Commons Business, Energy and Industrial Strategy Committee calls the Government’s 2040 target “vague and unambitious” in the report. It also find the country’s limited charging infrastructure […]

By |October 18th, 2018|Latest News|Comments Off on Ban on petrol and diesel cars should begin in 2032, say MPs

Ford extends production of GT supercar to satisfy demand

Ford has announced it will extend production of the GT to satisfy “exceptional” demand. The production run will be extended by another 350 vehicles next year.
The GT, which was launched last year, was originally due to have a limited production run of 1000 cars. By extending this to 1,350, Ford says it can help meet demand […]

By |October 18th, 2018|Latest News|Comments Off on Ford extends production of GT supercar to satisfy demand

Video: Audi A8 vs BMW 7 Series | luxury saloon twin-test

The Audi A8 and BMW 7 Series are considered two of the most luxury, large saloons on sale today, sitting as the flagship in their maker’s respective model line-ups.
This week’s video is the ultimate showdown between the two, testing the luxury saloons on-road to discover which is the best to drive.
We took them […]

By |October 18th, 2018|Latest News|Comments Off on Video: Audi A8 vs BMW 7 Series | luxury saloon twin-test

How electric car batteries are improving despite drawbacks, risks

Cobalt mining in the Democratic Republic of Congo. The spread of EVs is widely expected to result in shortages of the mineral. In the race for the next generation battery, lithium-ion technology has made huge leaps in recent years. But the power packs continue to have […]

By |October 18th, 2018|Latest News|Comments Off on How electric car batteries are improving despite drawbacks, risks